11:31 AM EST - Allied Nevada Gold Corp. : provided an update for the first-quarter 2012 drill program at its wholly-owned Hycroft mine located near Winnemucca, Nevada. Highlights for drilling in the first quarter of 2012 include 116 meters grading 0.75 g/t Au and 45.6 g/t Ag (1.6 g/t AuEq) and 56 meters grading 0.98 g/t Au and 59.7 g/t Ag (2.0 g/t AuEq) of mill material. Heap leach material drilling highlights include 11 meters grading 1.84 g/t Au and 122.4 g/t Ag (4.0 g/t AuEq). Allied Nevada Gold Corp.
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