Athena Reports Results From 2024 Prospecting Program at Excelsior Springs, Outlines New Targets, and Expands Land Package | AHNRF Stock News

Author's Avatar
May 14, 2025
  • Athena Gold Corporation (ATHA) identifies new high-grade gold samples up to 27.1 g/t Au at Rhino Zone
  • Exceptional results at Blue Dick Trend with silver grades up to 6,630 g/t Ag and 1.53% Sb
  • Land expansion by 68 hectares to incorporate promising new areas

Athena Gold Corporation (ATHA) revealed significant findings from its 2024 prospecting program at the Excelsior Springs project within Nevada's Walker Lane trend. The program has successfully led to the discovery of the new Rhino Zone, boasting extraordinary high-grade gold samples reaching up to 27.1 g/t Au. In addition, the Blue Dick Trend has shown impressive results with high-grade silver up to 6,630 g/t Ag and antimony content of 1.53% Sb.

In response to these promising discoveries, Athena Gold has expanded its land holdings by 68 hectares. This expansion is strategically aimed at encompassing the newly identified Rhino and Blue Dick Trends more effectively. The Excelsior Springs project now comprises multiple mineralized trends, including the Buster Trend, Ridge Trend, Rhino Trend, and Blue Dick Trend, each offering unique exploration potential.

The presence of antimony, a metal critical for national security and industrial applications, particularly highlights the strategic importance of these findings. Notably, antimony is recognized as a critical metal by both the United States and Canada.

Given the promising results and strategic land expansion, Athena Gold is considering potential joint venture partnerships and earn-in agreements across its Nevada project portfolio. The company's proactive approach to expanding its footprint and harnessing the mineral wealth underscores its commitment to driving growth and exploration success in the region.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.