on Athena Gold Corporation (NASDAQ:AHNR)
Athena Gold Reports Exploration Progress at Excelsior Springs
Athena Gold Corporation has announced new exploration results from its Excelsior Springs Project in Nevada. Partnered with Mammoth Minerals Limited, Athena holds a notable stake in the project. Recent RC drilling by Mammoth has revealed promising mineralization along the 7 km Buster Trend. Key findings include 33.54m at 1.25 g/t Au from the surface, and deeper significant intercepts indicating potential for further exploratory drilling.
The results, including 13.72m at 1.15 g/t Au from 62.5m and 7.62m at 2.1 g/t Au from 219.51m, extend mineral findings deeper and to new areas. Additional assays like 12.20m at 2.56 g/t Au from surface suggest broader resource development potential at Buster.
In conjunction, Athena granted 2,020,000 stock options at CDN$0.06 per share. Following negotiations, 100,000 common shares were issued to the Wabauskang First Nation under an exploration agreement.
R. H.
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