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Allied Nevada Gold Corp.

03:54 PM EST - Allied Nevada Gold Corp. : announced that is has received additional metallurgical test results from 24 composite samples for its Hycroft mine located near Winnemucca, Nevada. The Company has compiled these new results in its metallurgical model for milling oxide and sulfide mineralization. The model, which is comprised of 99 composites including these new results, indicates average recoveries of 87.3% for gold and 82.2% for silver through a grind-flotation (to create a concentrate)-cyanidation of tailings circuit. Allied Nevada Gold Corp. shares T.ANV are trading down $0.37 at $28.32.