(via 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 its collaboration with Dahrouge Geological Consulting Ltd. (“Dahrouge”) as a strategic technical partner on the Company’s flagship Eastside gold-silver project in Nevada.

Over the past year, Dahrouge has played an important role in consolidating and analyzing Eastside’s technical data. Dahrouge has developed a deep familiarity with the geology and potential of the Eastside district. This next phase of collaboration marks a significant deepening of that relationship, as Dahrouge will now take a stronger role in advancing exploration and development activities together with our technical team. Key members of the Dahrouge team include Jacob Anderson, CPG, a Resource Geologist and Business Development Lead based in Denver, and Gareth Flitton, CPG, a Qualified Person with over 20 years of international experience, including with Harmony Gold and AngloGold Ashanti. Their extensive background in epithermal systems and advanced geological modeling will play a central role in fast-tracking exploration success at Eastside.

The expanded mandate includes updating Eastside’s exploration model which includes incorporating additional geophysics and structural geology and advancing the Company’s upcoming drill program. These efforts are expected to culminate in an updated mineral resource estimate for Eastside.

Peter Gianulis, CEO of Allegiant Gold, commented: "Our collaboration with Dahrouge Geological Consulting has proven to be immensely valuable over the past year, and we are pleased to be significantly expanding their role moving forward. Now that the Company is well funded, this strengthened partnership marks an important step as we accelerate our exploration activities at our flagship asset,  the Eastside gold-silver project in Nevada. Their technical expertise and proven track record will be instrumental in fast-tracking our development plans and unlocking the full potential of this highly prospective property."

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 could differ materially from those anticipated in such statements. Allegiant undertakes no obligation to update or revise any forward-looking statements included in this press release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

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