Allegiant Gold Receives Approval for Extensive Exploration at Castle Project in Nevada

Tonopah, Nevada — August 20, 2025 — Leads & Copy — Allegiant Gold Ltd. has received approval from the Bureau of Land Management and the Nevada Division of Environmental Protection for its Environmental Assessment and Plan of Operations for the Castle Project, located in Esmeralda County, Nevada. The approval allows Allegiant to proceed with an exploration program, including up to 50 acres of surface disturbance, multiple drill phases, and the construction of roads, drill pads, and staging areas.

The Castle Project plan highlights include approval for up to 145 drill pads in Phase I, with flexibility for additional drilling phases; up to 50 acres of permitted disturbance within a 1,658-acre project boundary; location adjacent to the historic Boss Mine, Castle has an inferred resource of 314,000 ounces of gold; and infrastructure advantages with direct highway access via US Routes 6 and 95.

Peter Gianulis, CEO of Allegiant Gold, said the permit provides the scale and flexibility needed to test a gold system at Eastside.

Investor Relations can be contacted at ir@allegiantgold.com.

Source: Allegiant Gold Ltd.