Profile: Allied Nevada Gold Corp. (ANV)

Allied Nevada Gold Corp. (Allied Nevada), incorporated on September 14, 2006, is a development-stage company. The Company commenced operations as an independent, newly formed entity on May 10, 2007 upon completion of the transactions pursuant to the Arrangement Agreement, prior to which it had been a wholly-owned subsidiary of Vista Gold Corp. (Vista). Allied Nevada is engaged in the evaluation, acquisition, exploration and advancement of gold exploration and development projects in the state of Nevada. The Company’s operating segments are Hycroft Mine, Exploration properties, and other.

The Hycroft Mine operating segment contains the exploration and operational activities at its wholly owned Hycroft mine located in Nevada. The exploration properties segment contains the exploration and development activities on the remaining mineral properties owned by the Company. The other operating segment primarily contains the corporate overhead functions of the Company.

Allied Nevada owns the Hycroft Open Pit Mine, Maverick Springs (a 45% joint venture with Silver Standard Resources Inc. Silver Standard), Mountain View, Hasbrouck, Three Hills and Wildcat projects, the Contact property and other Nevada properties previously owned by Vista, and Pony Creek/Elliot Dome property package and the exploration rights to more than a hundred other earlier-stage exploration properties. All of these properties are located in the state of Nevada. The Company operates the wholly owned Hycroft Mine which is located 54 miles west of Winnemucca, Nevada along the border of Humboldt and Pershing Counties, and covers approximately 48,000 acres of mineral rights. Allied Nevada’s exploration properties portfolio consists of six advanced properties in Maverick Springs (45% joint venture interest with Silver Standard), Mountain View, Hasbrouck, Three Hills, Wildcat, and Pony Creek/ Elliot Dome and more than 100 earlier-stage exploration properties.