Allegiant (TSX.V:AUAU) is a spin-out from Columbus Gold which holds 14 drill ready projects in the US and has plans to drill up to 10 of the projects this year. The Company has cash in the bank and a strong management team. Now that the Company is listed and trading I figured it was a good time to introduce the Company before drill results hit the market.
Robert Giustra, Chairman of Allegiant joins me to outline the overall Company goals and plans for what looks to be a busy year. We focus on the flagship Eastside Project that has a current resource and is currently being drilled to the south and west (see the map below). There are also 9 other targets that will have pure exploration drilling completed on throughout the year.
Please feel free to share your thoughts on the Company and email me (Fleck@kereport.com) with any questions. Through all my background research I like the strategy for this year and will be following along when we start to see some drill results.
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Click here to visit the Allegiant website for more information.
Here is the map that we refer to regarding the drilling underway at the Eastside Project.