ATHENA GOLD CORPORATION - AHNR STOCK NEWS

Athena Gold (CSE:ATHA) (OTCQB:AHNR) announced the acquisition of the Laird Lake and Oneman Lake gold projects in Ontario from Libra Lithium Corp. The deal involves issuing 43,865,217 common shares to Libra, who will own 19.9% of Athena post-transaction. The acquisition includes 218 mining claims over 4,736 hectares. Regulatory approvals are pending.

Libra's board members David Goodman and Koby Kushner will join Athena, with Goodman as Chairman and Kushner as President and CEO. The technical team from Libra will also join Athena. The acquisition aims to diversify Athena's portfolio, building on their flagship Excelsior Springs project in Nevada.

The Laird Lake project is in the Red Lake Gold Camp, known for its high-grade gold mines. The Oneman Lake project is in the Kenora Mining District, featuring a breccia zone with sulfide minerals.

Athena plans to merge and redomicile to British Columbia, maintaining its OTCQB listing. The merger is expected to complete in early 2025.

Athena Gold (CSE:ATHA)(OTCQB:AHNR) reports high-grade gold and silver samples from its first underground mapping and sampling program at the Excelsior Springs project in Nevada's Walker Lane District. Key findings include:

- Sample of 50.6 g/t Au and 33.7 g/t Ag over 0.3 m from the 75' level
- Sample of 28.1 g/t Au and 29.6 g/t Ag over 1.0 m from the 125' level

The program, conducted at the past-producing Buster Mine, provides insights into the mineralized orebody and structural controls. Two distinct structural orientations were observed, both east-west striking. The company believes this work demonstrates the importance of shallow structures in controlling mineralization at Excelsior Springs, which will inform future drilling targets.

Athena Gold (CSE:ATHA)(OTCQB:AHNR) has announced a transformative transaction with Libra Lithium Corp. The deal includes:

1. Acquisition of Libra's Laird Lake and Oneman Lake gold projects in Ontario, Canada

2. Management changes: David Goodman joining as Chairman, Koby Kushner as President, CEO, and Director

3. Plans to redomicile to Canada

4. Libra to own approximately 19.9% of the pro-forma company

The transaction is expected to close by October 10, 2024. Laird Lake is located in the Red Lake Gold Camp, near major gold projects. The acquisition aims to create a premier, discovery-focused gold explorer in Nevada and Ontario.

Athena Gold (OTCQB:AHNR)(CSE:ATHA) has completed the acquisition of the historic Blue Dick Mine, expanding its Excelsior Springs Project in Nevada to 1,675 hectares. The purchase includes 11 unpatented BLM claims covering 89 hectares for US $45,000 in cash and a 3% NSR. This acquisition consolidates the Palmetto Mountain Trend, adding new gold, copper, and silver targets to Athena's portfolio.

Historical sampling at Blue Dick Mine has shown high-grade mineralization, with samples containing up to 33 ppm Gold, 2340 ppm Silver, and 25.5% Copper. The company plans to integrate newly acquired data into its exploration database and continue with its Phase 4 exploration plans at Excelsior Springs.

Athena Gold has announced an agreement to acquire the Blue Dick Mine, expanding its Excelsior Springs Project in Nevada. The deal includes 11 unpatented BLM claims over 89 hectares, costing $45,000 and a 3% NSR. Historical data highlights significant mineralization, including gold and silver. No exploration drilling has been done yet. Athena's immediate focus is on finalizing Phase 4 exploration plans. The acquisition consolidates key historic mines on Palmetto Mountain, increasing the project's total area to 1,675 hectares. This move builds on Athena's prior acquisitions and staking activities from 2021 to 2023.

Athena Gold Corporation (AHNR) successfully completes an Induced Polarization/Resistivity Survey at Crow Springs Project in Nevada, defining potential porphyry copper-gold targets. The survey results indicate untested magnetic anomalies suggesting significant porphyry targets. The project shows high potential for copper-molybdenum mineralization, with strong potassic alteration and geochemical anomalies. Athena plans to establish drill targets and aims for a world-class resource development.

Athena Gold Corporation (CSE:ATHA)(OTCQB:AHNR) has closed the acquisition of 10,000,000 common shares in Nubian Resources Ltd., representing approximately 15.79% of the outstanding shares of Nubian. The shares were acquired from 2176423 Ontario Ltd. for the issuance of 16,546,669 common shares of Athena. Athena welcomes Eric Sprott as a shareholder and plans to advance its flagship Excelsior Springs gold project and porphyry copper-molybdenum targets at Crow Springs in 2024.

Athena Gold Corporation (AHNR) has contracted with Zonge International, Inc. to perform an IP/Resistivity Survey at its Crow Springs Project. The project is located in Nevada and has the size potential to develop a world-class resource. The project comprises 31 unpatented claims and is a porphyry Cu- Mo-Au system. The planned IP-Resistivity survey aims to refine and delineate Cu-Mo-Au drill targets within or adjacent to the magnetic anomaly. The project's potential for discovery of copper-molybdenum mineralization is high, and the company aims to confirm its 2024 drill targets through the survey.

Athena Gold Corporation announces assay results from its Excelsior Springs Project, including high-grade gold and silver prospects. Future work includes systematic sampling and geologic mapping for drill targets. The Lida Bell zone shows potential for a larger mineral system. The Company remains committed to exploration of other targets.