Allied Nevada Gold Corp. is advancing gold exploration and development projects in Nevada. Its 100%-owned flagship, Hycroft mine, is currently producing at an annual rate of ~100 Koz gold and 300 Koz silver. The company has begun an oxide-expansion project to increase production to >300 Koz gold and 1 Moz silver. The low-risk, high-reward project aims to more than triple production by 2013 and maximize extraction of the current reserve estimate of 2.4 Moz gold.