Athena Announces 2025 Plans for Laird Lake Project in Red Lake, Ontario, and Provides Update on Nevada Projects
Athena Gold (AHNR) has announced its 2025 exploration plans for the Laird Lake project in Ontario's Red Lake Gold District. The 4,158-hectare project, located 10 km west of the Madsen mine and 34 km northwest of the Great Bear project, will undergo extensive till sampling starting May 2025.
The program aims to collect approximately 2,000 till samples across the property, with grid spacing varying from 100m x 100m within key assemblages to 200m x 200m in surrounding areas. Recent grab samples from the site yielded up to 373 g/t Au. The company expects results by mid-summer to guide their maiden drill program.
Additionally, Athena has completed a regional prospecting program at its Excelsior Springs Au-Ag project in Nevada, where surface grab samples returned up to 6,630 g/t Ag. The company is expanding its land holdings near Excelsior Springs and has received third-party interest for potential joint venture partnerships across its Nevada portfolio.
Athena Gold (AHNR) ha annunciato i piani di esplorazione per il 2025 relativi al progetto Laird Lake nel distretto aurifero di Red Lake, Ontario. Il progetto, che si estende su 4.158 ettari e si trova a 10 km a ovest della miniera Madsen e a 34 km a nord-ovest del progetto Great Bear, sarà oggetto di un ampio campionamento di till a partire da maggio 2025.
Il programma prevede la raccolta di circa 2.000 campioni di till sull’intera proprietà, con una griglia di campionamento che varia da 100 m x 100 m nelle aree chiave a 200 m x 200 m nelle zone circostanti. Recenti campioni prelevati sul sito hanno mostrato valori fino a 373 g/t Au. L’azienda prevede di avere i risultati entro metà estate per orientare il loro primo programma di perforazione.
Inoltre, Athena ha completato un programma regionale di prospezione nel suo progetto aurifero-argentifero Excelsior Springs in Nevada, dove i campioni superficiali hanno restituito valori fino a 6.630 g/t Ag. L’azienda sta ampliando le sue proprietà terriere vicino a Excelsior Springs e ha ricevuto interesse da terze parti per potenziali partnership in joint venture nel suo portafoglio in Nevada.
Athena Gold (AHNR) ha anunciado sus planes de exploración para 2025 en el proyecto Laird Lake ubicado en el distrito aurífero de Red Lake, Ontario. El proyecto de 4,158 hectáreas, situado a 10 km al oeste de la mina Madsen y a 34 km al noroeste del proyecto Great Bear, comenzará un muestreo extensivo de till en mayo de 2025.
El programa tiene como objetivo recolectar aproximadamente 2,000 muestras de till en toda la propiedad, con un espaciamiento de cuadrícula que varía de 100 m x 100 m en los conjuntos clave a 200 m x 200 m en las áreas circundantes. Muestras recientes tomadas en el sitio arrojaron hasta 373 g/t Au. La compañía espera obtener resultados para mediados del verano que guíen su primer programa de perforación.
Además, Athena ha completado un programa regional de prospección en su proyecto aurífero-plata Excelsior Springs en Nevada, donde muestras superficiales alcanzaron hasta 6,630 g/t Ag. La empresa está ampliando sus terrenos cerca de Excelsior Springs y ha recibido interés de terceros para posibles asociaciones en joint venture en su cartera de Nevada.
Athena Gold (AHNR)는 온타리오 레드 레이크 금광 지구에 위치한 Laird Lake 프로젝트의 2025년 탐사 계획을 발표했습니다. 이 프로젝트는 4,158헥타르 규모로, 매드센 광산에서 서쪽으로 10km, 그레이트 베어 프로젝트에서 북서쪽으로 34km 떨어져 있으며, 2025년 5월부터 광범위한 틸 시료 채취가 진행될 예정입니다.
프로그램은 약 2,000개의 틸 시료를 부지 전역에서 수집하는 것을 목표로 하며, 주요 구역 내에서는 100m x 100m, 주변 지역에서는 200m x 200m 간격의 격자 형태로 진행됩니다. 현장에서 최근 채취된 시료에서는 최대 373 g/t Au가 확인되었습니다. 회사는 여름 중반까지 결과를 받아 첫 시추 프로그램에 활용할 계획입니다.
또한, Athena는 네바다에 위치한 Excelsior Springs 금-은 프로젝트에서 지역 탐사 프로그램을 완료했으며, 표면 시료에서는 최대 6,630 g/t Ag가 검출되었습니다. 회사는 Excelsior Springs 인근 토지 보유를 확대하고 있으며, 네바다 포트폴리오 전반에 걸쳐 잠재적 합작 투자 파트너의 관심도 받고 있습니다.
Athena Gold (AHNR) a annoncé ses plans d'exploration pour 2025 concernant le projet Laird Lake dans le district aurifère de Red Lake en Ontario. Le projet de 4 158 hectares, situé à 10 km à l'ouest de la mine Madsen et à 34 km au nord-ouest du projet Great Bear, fera l'objet d'un échantillonnage intensif de till à partir de mai 2025.
Le programme vise à collecter environ 2 000 échantillons de till sur l'ensemble de la propriété, avec un espacement de la grille variant de 100 m x 100 m dans les assemblages clés à 200 m x 200 m dans les zones environnantes. Des échantillons récents prélevés sur le site ont révélé jusqu'à 373 g/t Au. La société prévoit d'obtenir les résultats d'ici la mi-été pour orienter son premier programme de forage.
Par ailleurs, Athena a achevé un programme de prospection régional sur son projet aurifère-argentifère Excelsior Springs au Nevada, où des échantillons de surface ont atteint jusqu'à 6 630 g/t Ag. La société étend ses terrains près d'Excelsior Springs et a reçu l'intérêt de tiers pour d'éventuels partenariats en coentreprise sur l'ensemble de son portefeuille au Nevada.
Athena Gold (AHNR) hat seine Explorationspläne für 2025 für das Laird Lake Projekt im Red Lake Gold District in Ontario bekanntgegeben. Das 4.158 Hektar große Projekt, das 10 km westlich der Madsen-Mine und 34 km nordwestlich des Great Bear Projekts liegt, wird ab Mai 2025 einer umfangreichen Till-Probenahme unterzogen.
Das Programm zielt darauf ab, etwa 2.000 Till-Proben auf dem gesamten Grundstück zu sammeln, wobei der Rasterabstand in den wichtigsten Bereichen 100 m x 100 m und in den umliegenden Gebieten 200 m x 200 m beträgt. Kürzlich entnommene Proben vor Ort ergaben bis zu 373 g/t Au. Das Unternehmen erwartet die Ergebnisse bis Mitte Sommer, um ihr erstes Bohrprogramm zu steuern.
Zusätzlich hat Athena ein regionales Prospektionsprogramm bei seinem Excelsior Springs Au-Ag Projekt in Nevada abgeschlossen, wo Oberflächenproben bis zu 6.630 g/t Ag lieferten. Das Unternehmen erweitert seine Landbesitzungen in der Nähe von Excelsior Springs und hat Interesse von Drittparteien für potenzielle Joint-Venture-Partnerschaften im gesamten Nevada-Portfolio erhalten.
- High-grade sampling results: 373 g/t Au at Laird Lake and 6,630 g/t Ag at Excelsior Springs
- Strategic location near producing mines in Red Lake Gold District
- Potential joint venture opportunities for Nevada portfolio
- Expanding land holdings near Excelsior Springs project
- No immediate revenue generation from exploration activities
- Extended timeline before potential drilling results (results expected mid-summer 2025)
- Early-stage exploration status with no defined resource estimates
VACAVILLE, CALIFORNIA / ACCESS Newswire / April 17, 2025 / Athena Gold Corporation (CSE:ATHA)(OTCQB:AHNR) ("Athena" or the "Company") is pleased to announce plans for its upcoming exploration program at its recently acquired Laird Lake project, located in Ontario's prolific Red Lake Gold District. The Laird Lake project, spanning 4,158 hectares and covering over 10 km of Balmer-Confederation Assemblage contact, represents an underexplored portion of the camp. The project is road-accessible and lies approximately 10 km west of West Red Lake Gold Mines' flagship Madsen mine, and 34 km northwest of Kinross Gold's Great Bear project.
Laird Lake 2025 Field Season:
Starting May 2025, the Company plans to collect approximately 2,000 till samples over its Laird Lake project (Figure 1). The program will range from 100 m x 100 m grid spacing within the Balmer and Confederation assemblages and expand to 200 m x 200 m within the surrounding felsic intrusive bodies.
With the results from this upcoming program, Athena hopes to outline zones of new mineralization within the Laird Lake project, where recent grab samples returned up to 373 g/t Au (see Athena's press release dated December 4, 2024). Athena is aiming to use the same sampling methodology used at West Red Lake Gold's nearby Madsen project, which successfully confirmed existing mineralization and outlined potential new zones (see West Red Lake Gold's press release dated January 29, 2025). Athena expects to have the final results from the program in mid-summer, which will guide follow-up field work focused on de-risking the Company's maiden drill program at Laird Lake.
"The proposed till survey is an important de-risking exercise for the Laird Lake project. Our philosophy is never to rush into a drill program; we want to do all our homework first and maximize our chances of knocking it out of the park the first go-around. This will be an extensive, tightly-spaced survey, and we expect supplementing the results with our existing dataset, which includes LiDAR, detailed mapping, magnetics, and EM, will help to better define priority drill targets," said Koby Kushner, CEO of Athena.
Nevada Update:
The Company recently completed a regional prospecting and mapping program over its
Qualified Person
Technical information in this news release has been reviewed and approved by Benjamin Kuzmich, P.Geo., a geoscientist and qualified person for the purposes of National Instrument 43-101.
About Athena Gold Corporation
Athena is engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct additional exploration drilling and studies on its projects across North America. Athena's Excelsior Springs Au-Ag project is located in the prolific Walker Lane Trend in Nevada. Excelsior Springs spans 1,675 ha and covers at least three historic mines along the Palmetto Mountain trend, where the Company is following up on a recent shallow oxide gold discovery, with drill results including 5.35 g/t Au over 33.5 m. Meanwhile, the Company's new Laird Lake project is situated in the Red Lake Gold District of Ontario, covering 4,158 hectares along more than 10 km of the Balmer-Confederation Assemblage contact, where recent surface sampling results returned up to 373 g/t Au. This underexplored area is road-accessible, located about 10 km west of West Red Lake Gold's Madsen mine and 34 km northwest of Kinross Gold's Great Bear project.
For further information about Athena Gold Corporation and our Excelsior Springs Gold project, please visit www.athenagoldcorp.com.
On Behalf of the Board of Directors
Koby Kushner
President and Chief Executive Officer, Athena Gold Corporation
For further information, please contact:
Athena Gold Corporation
Koby Kushner, President and Chief Executive Officer
Phone: 416-846-6164
Email: kobykushner@athenagoldcorp.com
CHF Capital Markets
Cathy Hume, CEO
Phone: 416-868-1079 x 251
Email: cathy@chfir.com
Forward-Looking Statements
This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and US. securities laws. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding future exploration plans, future results from exploration, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "will", "expects", "anticipates", "intends", "estimates", ''plans", "may", "should", ''potential", "scheduled", or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this press release, the Company has applied several material assumptions, including without limitation, that there will be investor interest in future financings, market fundamentals will result in sustained precious metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future exploration and development of the Company's projects in a timely manner.
The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various risk factors as disclosed in the final long form prospectus of the Company dated August 31, 2021.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this press release or incorporated by reference herein, except as otherwise stated.
SOURCE: Athena Gold Corp
View the original press release on ACCESS Newswire
FAQ
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