Diamond Drilling Begins at Athena Gold's Excelsior Project

Athena Gold Corporation has initiated its inaugural diamond drilling campaign at the Excelsior Springs project in Nevada. This fully-funded initiative, supported by Mammoth Minerals Limited under an option agreement, aims to delineate the geometry and extent of gold-silver mineralization at the Buster Trend. The historical Buster Underground Mine has recorded production of 19,200 ounces at a grade of 41 g/t of gold.

The drilling will provide crucial metallurgical and geotechnical samples. These samples will enhance the understanding of mineralization controls and support development planning. A second drill rig is expected soon to accelerate the program. The project has historical intercepts, including 51.8m at 4.00g/t Au that highlight its potential.

Additionally, metallurgical testing will assess leaching characteristics to optimize processing strategies, while geotechnical logging will contribute to future studies. Adjunct surveys include property-wide magnetics and LIDAR, providing comprehensive geological data.