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Press release from Marketwire

Allied Nevada Files Updated Technical Report for Hycroft

Monday, April 09, 2012

Allied Nevada Files Updated Technical Report for Hycroft16:51 EDT Monday, April 09, 2012RENO, NEVADA--(Marketwire - April 9, 2012) -Allied Nevada Gold Corp. ("Allied Nevada" or the"Company") (TSX:ANV)(NYSE Amex:ANV) today announced that it has filed a technical report (the "Report"), entitled "Technical Report, Allied Nevada Gold Corp., Hycroft Mine, Winnemucca, Nevada, USA" and dated April 9, 2012. The technical report has been prepared pursuant to Canadian Securities Administrators' National Instrument 43-101, and may be found at www.alliednevada.com (Properties > Hycroft Mine > Technical Reports) or under the Company's profile at www.sedar.com. The Report supports the disclosure contained in the Company's news release issued on February 23, 2012, announcing the results of an updated Mineral Reserve and Resource estimate. FOR FURTHER INFORMATION PLEASE CONTACT: Scott CaldwellAllied Nevada Gold Corp.President & CEO(775) 358-4455ORTracey ThomAllied Nevada Gold Corp.Vice President, Investor Relations(775) 789-0119www.alliednevada.com