Allegiant Gold Expands Technical Team to Accelerate Work on its Flagship Asset

(TheNewswire)

Tonopah, Nevada / TheNewswire / July 7, 2025 - Allegiant Gold Ltd.(“Allegiant” or the “Company”) (AUAU: TSX-V) (AUXXF: OTCQX)is pleased to announce the expansion of itscollaboration with Dahrouge Geological Consulting Ltd.(“Dahrouge”) as a strategic technical partner on the Company’sflagship Eastside gold-silver project in Nevada.

Over the past year, Dahrouge has played an importantrole in consolidating and analyzing Eastside’s technical data.Dahrouge has developed a deep familiarity with the geology andpotential of the Eastside district. This next phase of collaborationmarks a significant deepening of that relationship, as Dahrouge willnow take a stronger role in advancing exploration and developmentactivities together with our technical team. Key members of theDahrouge team include Jacob Anderson, CPG, a Resource Geologist andBusiness Development Lead based in Denver, and Gareth Flitton, CPG, aQualified Person with over 20 years of international experience,including with Harmony Gold and AngloGold Ashanti. Their extensivebackground in epithermal systems and advanced geological modeling willplay a central role in fast-tracking exploration success atEastside.

The expanded mandate includes updating Eastside’sexploration model which includes incorporating additional geophysicsand structural geology and advancing the Company’s upcoming drillprogram. These efforts are expected to culminate in an updated mineralresource estimate for Eastside.

Peter Gianulis, CEO of AllegiantGold, commented: "Our collaboration withDahrouge Geological Consulting has proven to be immensely valuableover the past year, and we are pleased to be significantly expandingtheir role moving forward. Now that the Company is well funded, thisstrengthened partnership marks an important step as we accelerate ourexploration activities at our flagship asset,  the Eastsidegold-silver project in Nevada. Their technical expertise and proventrack record will be instrumental in fast-tracking our developmentplans and unlocking the full potential of this highly prospectiveproperty."

Jody Dahrouge, President of Dahrouge
Consulting, added: We are
excited to be expanding our involvement
our role with Allegiant and the Eastside
project. Over the past year, our team has
developed a strong technical understanding of the property and gained
a deep appreciation for the scale and untapped potential of the
broader district. With the integration of new geophysical data and
advanced structural interpretation, we believe there is substantial
upside yet to be uncovered. We’re enthusiastic about supporting
Allegiant in unlocking that value and contributing meaningfully to the
next phase of discovery and development at Eastside."

About Dahrouge Consulting

Dahrouge Geological Consulting Ltd. is a North American
mineral exploration, consulting, and project management group with
offices in Edmonton, Montreal, and Denver. Dahrouge provides
geological, logistical, and technical services for resource
exploration and development, with expertise in program design, project
evaluation, geophysics, and resource estimation.

About Allegiant Gold

Allegiant owns five highly prospective gold projects in
the United States, all located in the mining-friendly jurisdiction of
Nevada. Allegiant’s flagship Eastside project is a district-scale
asset hosting a large and expanding gold-silver resource in an area of
excellent infrastructure. Preliminary metallurgical testing indicates
both oxide and sulphide mineralization are amenable to heap
leaching.

ON BEHALF OF THE BOARD

Peter Gianulis

CEO

For more information contact:

Investor Relations

ir@allegiantgold.com

Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.

Certain statements and information
contained in this press release constitute "forward-looking
statements" within the meaning of applicable U.S. securities laws
and “forward-looking information” within the meaning of applicable
Canadian securities laws, which are referred to collectively as
"forward-looking statements". The United States Private
Securities Litigation Reform Act of 1995 provides a “safe harbor”
for certain forward-looking statements. Allegiant Gold Ltd.’s (“Allegiant”)
exploration plans for its gold exploration properties, the drill
program at Allegiant’s Eastside project, the preparation and
publication of an updated resource estimate in respect of the Original
Zone at the Eastside project, Allegiant’s future exploration and
development plans, including anticipated costs and timing thereof;
Allegiant’s plans for growth through exploration activities,
acquisitions or otherwise; and expectations regarding future
maintenance and capital expenditures, and working capital
requirements.  Forward-looking statements are statements and
information regarding possible events, conditions or results of
operations that are based upon assumptions about future economic
conditions and courses of action. All statements and information other
than statements of historical fact may be forward-looking statements.
In some cases, forward-looking statements can be identified by the use
of words such as “seek”, “expect”, “anticipate”,
“budget”, “plan”, “estimate”, “continue”,
“forecast”, “intend”, “believe”, “predict”,
“potential”, “target”, “may”, “could”, “would”,
“might”, “will” and similar words or phrases (including
negative variations) suggesting future outcomes or statements
regarding an outlook.  Such forward-looking statements are based on a
number of material factors and assumptions and involve known and
unknown risks, uncertainties and other factors which may cause actual
results, performance or achievements, or industry results, to differ
materially from those anticipated in such forward-looking information.
You are cautioned not to place undue reliance on forward-looking
statements contained in this press release. Some of the known risks
and other factors which could cause actual results to differ
materially from those expressed in the forward-looking statements are
described in the sections entitled “Risk Factors” in Allegiant’s
Listing Application, dated January 24, 2018, as filed with the TSX
Venture Exchange and available on SEDAR+ under Allegiant’s profile
at www.sedarplus.ca.  Actual results and future events coulddiffer materially from those anticipated in such statements. Allegiantundertakes no obligation to update or revise any forward-lookingstatements included in this press release if these beliefs, estimatesand opinions or other circumstances should change, except as otherwiserequired by applicable law.

Copyright (c) 2025 TheNewswire - All rights reserved.