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Allied Nevada Gold Corp.

03:44 PM EST - Allied Nevada Gold Corp. : announced the metallurgical test results of 38 additional composite samples from its wholly owned Hycroft mine located near Winnemucca, Nevada. The Company has compiled these additional results into its metallurgical model for milling oxide and sulfide mineralization. The model, which is now comprised of 137 composites including these new results, indicates average recoveries of 87% for gold and 82% for silver through a grind-flotation (to create a concentrate)-cyanidation of tailings circuit. Allied Nevada Gold Corp. shares T.ANV are trading up $0.70 at $24.42.