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Athena Gold Corporation (Symbol: AHNR) is an exploration-stage company based in Vacaville, California, focusing on the acquisition and exploration of mineral resource properties within the United States. Founded in 2003, Athena primarily explores for gold and silver, with its flagship project being the Langtry Project. This project comprises 20 patented and 38 unpatented lode mining claims spanning approximately 1,200 acres in the Mojave Desert of Southern California. Recently, Athena has expanded its operations to include the Excelsior Springs Project, located 45 miles southwest of Goldfield in Esmeralda County, Nevada. This project is situated within the prolific Walker Lane tectonic trend, known for its rich deposits of gold and silver.
Athena Gold has been quite active with its recent drilling programs, completing its Spring 2023 Reverse Circulation (RC) drill program, comprising nine angle holes totaling 3,740 feet. Highlights from 2022 drilling programs have shown promising gold and silver intercepts, including a 33.5-meter intercept with 5.15 g/t Au and 8.9 g/t Ag. Additionally, the company's Phase 3 drilling program at the Western Slope Zone (WSZ) within the Excelsior Springs Project extended gold mineralization both east and west, further solidifying the project's potential.
The company also announced the acquisition of 10,000,000 common shares in Nubian Resources Ltd., bolstering its position within the mineral exploration sector. This acquisition signifies Athena’s commitment to expanding its portfolio and enhancing shareholder value.
In terms of quality assurance, Athena implements stringent QA/QC protocols for drill hole assaying, ensuring precision and accuracy in their results. The samples are securely stored and transported to ISO-accredited laboratories, with regular insertion of commercial reference standards and coarse blank standards every 20th sample.
Looking forward, Athena Gold Corporation aims to continue its exploration and development efforts at the Excelsior Springs Project, focusing on expanding known mineralized zones and identifying new targets. The company’s strategic partnerships and ongoing fieldwork underscore its dedication to establishing economically viable precious metal deposits.
For more information, please visit Athena Gold Corporation.
Athena Gold Corporation (OTCQB:AHNR) has signed an agreement with a drill contractor to initiate a 5,000 foot reverse circulation drill program at its Excelsior Springs gold project in Nevada. The drilling, set to commence by the end of March, aims to expand known mineralization and substantiate the project's potential. The Bureau of Land Management has approved the company’s permit for up to 6 drill pads and 11 holes. Notably, 61% of historic drill results indicate gold mineralization above a cutoff grade of 0.25g Au/T, with numerous prospective drill targets on the nearly 3,000-acre site.
Athena Gold Corporation (OTCQB:AHNR) has obtained final approval from the Bureau of Land Management for its drilling and exploration permit in Nevada. This grant allows for up to 6 drill pads and 11 reverse circulation drill holes at the Excelsior Springs Project. The company plans to focus on near-surface targets using RC drilling, while also contemplating additional drill holes on leased claims. Athena believes that the revised exploration strategy could yield significant data on gold mineralization, with historic drilling results indicating promising gold grades.
Athena Gold Corporation (AHNR) has amended its option agreement with Nubian Resources Ltd. regarding the acquisition of the Excelsior Springs gold project in Nevada. The amendment extends the deadline for issuing 45 million shares to acquire a 100% interest in the project to December 31, 2021. Athena aims to develop economic gold properties and is currently focused on the Excelsior Springs project.
Athena Gold Corporation (OTCQB:AHNR) announced on October 18, 2021, that its common shares will commence trading on the Canadian Securities Exchange (CSE) under the ticker symbol ATHA. This strategic move aims to enhance liquidity for shareholders and broaden access to a larger investor base across Canada, the UK, and Europe. John Power, CEO, expressed optimism about the new listing, which is expected to support initial exploration programs on the Excelsior Springs Project in Nevada.
Athena Gold Corporation (OTCQB:AHNR) has completed the second tranche of its private placement, raising CAD $248,696 by issuing 3,108,700 units at CAD $0.08 each. This tranche brings total proceeds to CAD $748,696 from 9,358,700 units. Each unit includes one common share and one warrant, allowing purchase of additional shares at CAD $0.15 until May 2024. The financing will support exploration at the Excelsior Springs Project, which has significant historical gold production potential.
Athena Gold Corporation (OTCQB:AHNR) announced the receipt of the British Columbia Securities Commission's approval for its long form prospectus dated August 31, 2021, and conditional listing approval from the Canadian Securities Exchange (CSE) for its common shares. This milestone is pivotal for acquiring the remaining 90% interest in the Excelsior Springs Project. Additionally, a technical report has been filed to support this endeavor. CEO John Power expressed optimism regarding increased liquidity for shareholders and future exploration plans.
Athena Gold Corporation (OTCQB:AHNR) has closed the first tranche of a non-brokered private placement offering, raising CDN $500,000 by issuing 6,250,000 Units at CDN $0.08 each. Each Unit includes a warrant to purchase shares at CDN $0.15 until May 2024. Additionally, Athena has filed a preliminary prospectus to list on the Canadian Securities Exchange (CSE) and appointed Ty Minnick as Chief Financial Officer, who brings over 25 years of experience. The Company is focused on the Excelsior Springs project in Nevada, noted for significant gold production potential.
Athena Gold Corp. (OTCQB: AHNR) announces the engagement of David Beling, P.E. as a Senior Strategic and Technical Advisor. With over 56 years of experience, Beling has been involved in 90 underground and 136 open pit mines globally. His expertise will enhance Athena's exploration plans for the Excelsior Springs Gold Project in Nevada. Beling's successful track record includes previous roles with Bullfrog Gold Corp. and Geovic Mining Corp., managing operations and attracting significant financing. The Walker Lane mineral trend has seen recent notable gold discoveries, positioning Athena for potential growth.
Athena Gold Corp. (OTCQB:AHNR) announced the completion of its name change from Athena Silver Corp. to Athena Gold Corp. as processed by FINRA. The effective date for this change will be April 16, 2021. Notably, the ticker symbol AHNR will remain unchanged. The company is focused on the exploration of precious metals, primarily through its flagship Excelsior Springs Project in Nevada, situated in an area rich in gold deposits. Investors are advised that Athena has not delineated any reserves and forward-looking statements in the release may not guarantee future results.
Athena Gold Corporation (OTCQB: AHNR) has appointed Markus Janser and John Hiner as independent directors, effective March 22, 2021. Janser brings extensive experience in finance and capital markets, while Hiner, a licensed geologist, has over 45 years of exploration experience. The company aims to apply for a listing on the Canadian Stock Exchange and has received shareholder approval for its name change from Athena Silver to Athena Gold, pending FINRA and OTC Markets approval. Athena focuses on precious metals exploration in the Western U.S., particularly the Excelsior Springs Project in Nevada.
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