Allied Nevada Gold Corp. provided an update on recent drilling at its wholly owned Hycroft mine, located near Winnemucca, Nevada. The intercepts encountered in holes 4,485 and 4,586 began at the base of the current reserve pit and indicate that higher grade sulfide mineralization continues at depth.

Both intercepts are located between the previously mined central pit and the Vortex deposit. Hole 4,437 is one of the southern-most holes drilled in 2012 and indicates continuity of mineralization at depth to the southwest. Hole 4,457 was drilled below the historic Brimstone waste rock facility and has not been previously explored.

This facility is planned to be moved in the current life of mine plan. The hole contained two intercepts, the first of heap leach material and a longer intercept of mill material and indicates western extension of the current Brimstone mineralization. Drilling on the property in 2012 was comprised of 265 holes totaling approximately 77,900 meters.

The primary goals of the 2012 drill program were focused on: infill drilling to upgrade inferred resources within the reserve pit; material collection in support of engineering and ongoing metallurgical work; condemnation drilling related to new facility placement; and limited step-out drilling.