Allied Nevada Announces Preliminary Full Year 2014 Gold and Silver Sales Increase 19% and 115%, Respectively, Year-Over-Year

RENO, NEVADA--(Marketwired - Jan. 21, 2015) - Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (TSX:ANV)(NYSE MKT:ANV) provides full year preliminary production and sales for 2014 and an update on the status of the mill expansion financing process. In 2014, we increased production by 12% for gold and more than doubled the silver production compared with 2013. Full year 2014 production and sales, as compared with 2013, were as follows:

		Years ended December 31,				2014 vs 2013 Increase
		2014		2013
SALES
	Gold ounces	216,937		181,941		19	%
	Silver ounces	1,841,737		858,073		115	%
PRODUCTION
	Gold ounces	214,345		190,831		12	%
	Silver ounces	1,818,637		882,225		106	%

"In 2014 we achieved a number of key goals, including completing positive prefeasibility and feasibility studies for the Hycroft mill project, increasing production and improving efficiency at the mine. While we did not hit our original production and sales targets for the year, we believe we have learned from our 2014 efforts and benefited from our focus on costs," commented Randy Buffington. "I believe the work done in 2014 will position us well in 2015 as we continue to concentrate on operational improvements and cash generation."