Allegiant Gold $AUAU.V $AUXXF Top Projects and Technical Team in Best Jurisdiction

By jeb handwerger / April 27, 2018 / www.youtube.com / Article Link


http://goldstocktrades.com/blogI recently interviewed Robert Giustra Chairman of Allegiant Gold $AUAU.V $AUXXF who gave us an introduction to what I consider one of the best exploration stocks.Jeb HandwergerHi Robert! Allegiant is a new company but it is managed by the most experienced technical gold exploration team in Nevada with a track record of finding economic gold minesRobert Giustra Allegiant checks all the boxes for a junior gold exploration company.Its the right story at the right time in the right place managed by the right people.What I mean by right people is the track record of the leader Andy Wallace who is personally responsible for many gold discoveries in Nevada which became famous gold mines.His group started out under the leadership of John Livermore and the team currently includes Pete Chapman who is also credited with some major gold mine discoveries.This is such an impressive team and I'm just not aware of any others with a track record like this in the junior gold exploration industry.We are very fortunate to have this team leading the gold exploration efforts under Allegiant.Jeb HandwergerI saw a statistic that like one in a thousand prospects becomes a gold mine.You not only have these explorers with this impressive track record of finding economic gold mines but you have others on the team and Board who worked with the majors.Robert GiustraWhen you have a team like the one we have led by Andy Wallace it increases the chances of success.We have quite an extensive portfolio of well defined targets on projects that have been highly selected by the Cordex Team.In addition to Andy, we have added some corporate and capital markets strength with Russel Ball who only a few months ago was CFO of Goldcorp and prior to that he was CFO of Newmont.Those are two of the three largest gold mining companies in the world.We also have the former president of Eldorado Gold which has more than a billion dollar market cap.We have expertise on the management team in every aspect from boots on the ground technical to capital markets experience.Jeb HandwergerAllegiant is focused on gold exploration in Nevada which most investors know to be probably the best mining jurisdiction to explore for gold.Tell us about the projects.Robert GiustraThe portfolio is unique because it is backstopped by a more advanced project Eastside which has 750k ounces of gold defined in a pit and additional ounces outside the pit.We have some really great well defined drill targets defined by Andy Wallace and the Cordex Team.Allegiant plans to drill ten projects this year.Remember these are not recycled projects which any investors have heard of from the past.These were all identified by the Cordex Team through grassroots prospecting which is how Andy and the team have been successful in the past.The team gets out into the field and get their hands dirty.Most of these exploration projects have been recycled around for 30 yearsJeb HandwergerLets talk about that Eastside Project.You added an extra drill rig.What's happening there?Robert GiustraEastside is the most advanced asset.There is RC and Core being drilled now.Core is stepping out 300 meters to the south of the existing pit and the RC drill is stepping out 300 meters to the west.We're drilling about 50 holes with the goal of doubling the amount of ounces in the pit and hopefully reducing the strip ratio.We've drilled 18 holes which 11 holes have already been announced.Drilling will take us into September.Jeb HandwergerAllegiant is early stage just trading in the US for about two months.Its valuation appears to be low compared to other Nevada explorers.Could you comment on this?Robert GiustraWe've just been public for a couple of months.We also just got an OTCQX listing which is vital as it is a US story.Our story is American Gold as John Livermore and his protege and our CEO Andy Wallace discovered the Carlin Trend in Nevada which started a major gold rush in Nevada and created a whole new industry in the State and the city of Elko, Nevada.We have a large US following.Our valuation is extremely modest as value is being assigned to just one project Eastside with the ounces in the pit.None of the upside in the other 13 projects is being reflected in the company share value or the nine other projects being drilled this year.Disclosure: The author/interviewer own shares in Allegiant Gold buying in Private Placement and open market and the company is a website sponsor.Please be aware my goal is to sell my shares for a profit at anytime without notice.This should be considered a conflict of interest and you need to do your own due diligence as junior mining explorers are extremely risky where one can lose all their money!

Recent News

Copper market distortions driven by new US tariff policies

July 28, 2025 / www.canadianminingreport.com

Gold stocks up even as metal pulls back

July 28, 2025 / www.canadianminingreport.com

Gold stocks down as markets continue to new highs

July 21, 2025 / www.canadianminingreport.com

TSXV Top 20 Gold market cap shifts away from exploration

July 21, 2025 / www.canadianminingreport.com

Many new players enter TSXV gold Top 25 by market cap

July 14, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok