Welcome to our dedicated page for Athena Gold news (Ticker: AHNR), a resource for investors and traders seeking the latest updates and insights on Athena Gold stock.
Athena Gold Corporation (OTCQB: AHNR) maintains an active exploration program across its Nevada and Ontario mineral properties. This page serves as the definitive source for corporate announcements, technical updates, and strategic developments related to their precious metals projects.
Investors and industry observers will find timely updates on drilling results, property acquisitions, and operational milestones. All content is sourced directly from company filings and press releases to ensure accuracy.
The news archive includes detailed reports on exploration activities at the Excelsior Springs project, updates from Ontario mining claims, and financial disclosures. Technical updates feature assay results, geological interpretations, and exploration methodology insights.
Bookmark this page for streamlined access to Athena Gold's latest developments. Check regularly for updates on mineral resource estimates, partnership announcements, and progress toward key exploration targets.
Athena Gold (CSE:ATHA) (OTCQB:AHNR) announced the acquisition of the Laird Lake and Oneman Lake gold projects in Ontario from Libra Lithium Corp. The deal involves issuing 43,865,217 common shares to Libra, who will own 19.9% of Athena post-transaction. The acquisition includes 218 mining claims over 4,736 hectares. Regulatory approvals are pending.
Libra's board members David Goodman and Koby Kushner will join Athena, with Goodman as Chairman and Kushner as President and CEO. The technical team from Libra will also join Athena. The acquisition aims to diversify Athena's portfolio, building on their flagship Excelsior Springs project in Nevada.
The Laird Lake project is in the Red Lake Gold Camp, known for its high-grade gold mines. The Oneman Lake project is in the Kenora Mining District, featuring a breccia zone with sulfide minerals.
Athena plans to merge and redomicile to British Columbia, maintaining its OTCQB listing. The merger is expected to complete in early 2025.
Athena Gold (CSE:ATHA)(OTCQB:AHNR) reports high-grade gold and silver samples from its first underground mapping and sampling program at the Excelsior Springs project in Nevada's Walker Lane District. Key findings include:
- Sample of 50.6 g/t Au and 33.7 g/t Ag over 0.3 m from the 75' level
- Sample of 28.1 g/t Au and 29.6 g/t Ag over 1.0 m from the 125' level
The program, conducted at the past-producing Buster Mine, provides insights into the mineralized orebody and structural controls. Two distinct structural orientations were observed, both east-west striking. The company believes this work demonstrates the importance of shallow structures in controlling mineralization at Excelsior Springs, which will inform future drilling targets.
Athena Gold (CSE:ATHA)(OTCQB:AHNR) has announced a transformative transaction with Libra Lithium Corp. The deal includes:
1. Acquisition of Libra's Laird Lake and Oneman Lake gold projects in Ontario, Canada
2. Management changes: David Goodman joining as Chairman, Koby Kushner as President, CEO, and Director
3. Plans to redomicile to Canada
4. Libra to own approximately 19.9% of the pro-forma company
The transaction is expected to close by October 10, 2024. Laird Lake is located in the Red Lake Gold Camp, near major gold projects. The acquisition aims to create a premier, discovery-focused gold explorer in Nevada and Ontario.
Athena Gold (OTCQB:AHNR)(CSE:ATHA) has completed the acquisition of the historic Blue Dick Mine, expanding its Excelsior Springs Project in Nevada to 1,675 hectares. The purchase includes 11 unpatented BLM claims covering 89 hectares for US $45,000 in cash and a 3% NSR. This acquisition consolidates the Palmetto Mountain Trend, adding new gold, copper, and silver targets to Athena's portfolio.
Historical sampling at Blue Dick Mine has shown high-grade mineralization, with samples containing up to 33 ppm Gold, 2340 ppm Silver, and 25.5% Copper. The company plans to integrate newly acquired data into its exploration database and continue with its Phase 4 exploration plans at Excelsior Springs.
Athena Gold has announced an agreement to acquire the Blue Dick Mine, expanding its Excelsior Springs Project in Nevada. The deal includes 11 unpatented BLM claims over 89 hectares, costing $45,000 and a 3% NSR. Historical data highlights significant mineralization, including gold and silver. No exploration drilling has been done yet. Athena's immediate focus is on finalizing Phase 4 exploration plans. The acquisition consolidates key historic mines on Palmetto Mountain, increasing the project's total area to 1,675 hectares. This move builds on Athena's prior acquisitions and staking activities from 2021 to 2023.
FAQ
What is the current stock price of Athena Gold (AHNR)?
What is the market cap of Athena Gold (AHNR)?
