- Athena Gold (CSE:ATHA) is reporting record results from Fall prospecting and sampling on its 1,675-hectare Excelsior Springs silver and gold project in Nevada
- A highlight bonanza-grade surface grab sample of 6,630 grams per ton of silver surpasses all known historical silver sample grades at Excelsior
- Athena Gold is a mineral explorer and project acquirer focused on precious and base metals in North America
- Athena Gold stock is flat year-over-year and down by 75 per cent since October 2021
Athena Gold (CSE:ATHA) is reporting record results from Fall prospecting and sampling on its 1,675-hectare Excelsior Springs silver and gold project in Nevada.
Big Rock Exploration executed the program in November 2024 covering the Buster, Lida Belle and recently acquired polymetallic Blue Dick targets, the latter yielding a highlight bonanza-grade surface grab sample of 6,630 grams per ton (g/t) silver, 0.4 g/t gold, 2.28 per cent copper, 2.42 per cent lead and over 1 per cent antimony in an area with no known historical drill results.
The sample, which surpasses all known historical silver sample grades at Excelsior, confirms reported historical Blue Dick grab samples grading up to 2,340 g/t silver, 7.4 g/t gold, 25.5 per cent copper and 6.92 per cent lead.
Full prospecting and sampling results remain pending and will guide Athena’s future exploration efforts on the project. Located in the prolific Walker Lane trend, Excelsior covers at least three historic mines along the Palmetto Mountain trend, where Athena is following up on a recent shallow oxide gold discovery yielding 5.35 g/t gold over 33.5 m.
Leadership insights
“Since closing our financing, the team has wasted no time diving deep into Excelsior Springs and ground-truthing the newly acquired Blue Dick claims. The 6,630 g/t silver sample, which exceeds all known historical silver sample grades at Excelsior, confirms the area’s high-grade nature of silver mineralization. Importantly, to our knowledge, this target area has never been drill tested, presenting a major blue-sky opportunity for Athena. We plan to return to this area in short order,” John Power, president and chief executive officer of Athena Gold, said in a statement.
About Athena Gold
Athena Gold is a mineral explorer and project acquirer focused on precious and base metals in North America. Besides Excelsior, the company owns the 4,158-hectare Laird Lake project in Ontario’s Red Lake Gold District, where recent surface sampling on the underexplored land package returned up to 373 g/t gold. Laird is about 10 km west of West Red Lake Gold’s Madsen mine and 34 km northwest of Kinross Gold’s Great Bear project.
Athena Gold stock (CSE:ATHA) last traded at C$0.05 per share. The stock is flat year-over-year and down by 75 per cent since October 2021.
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(Top photo of 2022 drilling on Athena Gold’s Excelsior project in Nevada: Athena Gold)
