Athena Reports Results From 2024 Prospecting Program at Excelsior Springs,
Athena Gold Corporation (CSE:ATHA)(OTCQB:AHNRF) (“Athena” or the “Company”) is pleased to report additional results from its 2024 regional prospecting and sampling program at the 100%-owned Excelsior Springs project in Nevada’s Walker Lane Trend. The program proved successful in providing new geologic interpretations and defining new, untested zones of prospective mineralization. On the back of this program, the Company expanded its landholdings by approximately 68 hectares.
“One of the drivers behind the Fall 2024 program was to confirm whether prospective ground exists outside the Buster Trend, which to date, has been the main target of focus at Excelsior Springs. We are happy to report the identification of the new Rhino Zone, in addition to the high-grade silver and antimony potential revealed at the Blue Dick Trend. Importantly, both these targets remain untested by the drill bit. We believe a larger-scale program is warranted in order to adequately explore such a target-rich project,” stated Koby Kushner, President & CEO of Athena Gold.
Highlights:
- The newly defined Rhino Zone, located to the northeast of the project area, returned high-grade gold on surface, with grab sample assays returning up to 27.1 g/t Au, 49 g/t Ag, and 1.4% Pb (see Figure 2).
- Results from Blue Dick, as previously reported, returned up to 6,630 g/t Ag (Sample K024547; refer to the Company’s press release dated January 23, 2025). In addition, the remaining analytical results from this sample returned high-grade antimony of 1.53% Sb.
- Antimony is designated as a critical metal by both the United States and Canada due to its essential role in national security, energy infrastructure, and industrial manufacturing.
- On the back of the successful 2024 exploration program, the Company recently expanded its land position through staking, increasing the project footprint by 68 hectares to better capture the Rhino and Blue Dick Trends (see Figure 1).
- The Company continues to receive third-party interest regarding potential joint venture partnerships and earn-in agreements across its Nevada portfolio.
Figure 1: Map of the Excelsior Springs project highlighting the various mineralized trends, historic drilling, additional staking, and recent sampling completed by Athena Gold Corporation in November 2024.
Figure 2: Map of the Rhino Zone showing recent sampling, the approximate outline of the Rhino Zone, and the area of newly acquired ground.
A total of 95 surface grab samples were collected during the recent mapping and prospecting program, conducted by Big Rock Exploration in November. Results from the program have highlighted…
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