Allied Nevada to Release Q2 Financial and Operating Results on August 9, 2010 Conference Call to Be Held on August 10, 2010 at 4:00 pm ET

RENO, NEVADA -- (Marketwire) -- 08/05/10 -- Allied Nevada Gold Corp. ('Allied Nevada' or the 'Company') (TSX: ANV)(NYSE Amex: ANV) will release its second quarter financial and operating results on Monday, August 9, 2010 before market open. The Company will also host a conference call on Tuesday, August 10, 2010 at 4:00 pm ET to discuss these results and give an update of recent events at Hycroft, followed by a question and answer session.

To access the call, please dial:
Canada & US toll-free - 1-800-814-4861
Outside of Canada & US - 1-416-644-3417

Replay (available until August 17, 2010):
Access code: 4345833#
Canada & US toll-free - 1-877-289-8525
Outside of Canada & US - 1-416-640-1917

An audio recording of the call will be archived on our website at www.alliednevada.com.

For further information on Allied Nevada, please visit the Allied Nevada website at www.alliednevada.com.

Contacts:

Allied Nevada Gold Corp.

Tracey Thom

Vice President, Investor Relations

(416) 409-6007
www.alliednevada.com