Athena Uncovers New Till Anomalies at Laird Lake, Materially Expands Land Package in Ontario's Red Lake Gold Camp
Athena Gold (OTCQB:AHNRF) has announced significant discoveries from its 2025 summer till program at the Laird Lake gold project in Ontario's Red Lake Gold District. The company has identified four distinct gold anomaly zones - Nemo, Bounty, Hugo, and Chungus - with lengths ranging from 200 to 3,000 metres. Three of these zones represent entirely new discoveries.
The company has expanded its land position by 2,302 hectares, bringing the total project area to 7,457 hectares. The discoveries feature Au-Ag-As-Bi-W geochemical signatures characteristic of major Red Lake district deposits. The Bounty anomaly is particularly notable, being proximal to a previously reported 373 g/t Au surface grab sample.
The program included 1,899 till samples collected through systematic sampling, with minimal overburden and road accessibility facilitating future exploration. Athena plans to conduct a maiden drilling campaign this winter following additional field prospecting to ground-truth these anomalies.
Athena Gold (OTCQB:AHNRF) ha comunicato importanti risultati dal programma estivo 2025 di till presso il progetto aurifero Laird Lake nel distretto minerario di Red Lake, Ontario. La società ha individuato quattro zone anomale d'oro distinte - Nemo, Bounty, Hugo e Chungus - con estensioni comprese tra 200 e 3.000 metri. Tre di queste zone costituiscono scoperte completamente nuove.
La società ha ampliato la sua proprietà di terre di 2.302 ettari, portando l'area totale del progetto a 7.457 ettari. Le scoperte mostrano firme geochimiche Au-Ag-As-Bi-W tipiche dei principali depositi del distretto di Red Lake. L'anomalia Bounty è particolarmente rilevante, essendo vicina a un prelievo di superficie precedentemente segnalato con 373 g/t Au.
Il programma ha incluso 1.899 campioni di till raccolti tramite campionamento sistematico, con spessore del sovraccarico minimo e buona accessibilità stradale che facilitano future esplorazioni. Athena prevede di avviare una prima campagna di perforazione questo inverno, dopo ulteriori campagne di prospezione sul campo per verificare queste anomalie.
Athena Gold (OTCQB:AHNRF) ha anunciado hallazgos significativos del programa de till de verano 2025 en el proyecto de oro Laird Lake en el distrito aurífero de Red Lake, Ontario. La compañía ha identificado cuatro zonas anómalas de oro distintas - Nemo, Bounty, Hugo y Chungus - con longitudes de entre 200 y 3.000 metros. Tres de estas zonas son descubrimientos completamente nuevos.
La empresa ha ampliado su posición territorial en 2.302 hectáreas, elevando la superficie total del proyecto a 7.457 hectáreas. Los hallazgos presentan firmas geoquímicas Au-Ag-As-Bi-W características de los principales depósitos del distrito de Red Lake. La anomalía Bounty destaca por su proximidad a una muestra de superficie previamente informada con 373 g/t Au.
El programa incluyó 1.899 muestras de till recopiladas mediante muestreo sistemático, con escaso recubrimiento y buena accesibilidad por carretera que facilitan futuras exploraciones. Athena planea realizar una campaña de perforación inicial este invierno tras nuevas prospecciones de campo para comprobar estas anomalías.
Athena Gold (OTCQB:AHNRF)는 온타리오 레드레이크 골드 지구의 Laird Lake 금 프로젝트에서 진행한 2025년 여름 틸(till) 프로그램에서 중요한 발견을 발표했습니다. 회사는 길이가 200~3,000미터에 이르는 네 개의 뚜렷한 금 이상 영역인 Nemo, Bounty, Hugo, Chungus를 확인했으며 이 가운데 세 곳은 완전히 새로운 발견입니다.
회사는 토지 보유를 2,302헥타르 늘려 프로젝트 총면적을 7,457헥타르로 확장했습니다. 발견된 구역들은 레드레이크 지역 주요 광상에 특징적인 Au-Ag-As-Bi-W의 지구화학적 서명을 보입니다. 특히 Bounty 이상은 이전에 보고된 373 g/t Au 표층 채취물과 근접해 있어 주목됩니다.
프로그램은 체계적 샘플링을 통해 1,899개의 틸 샘플을 수집했으며, 피복층이 얇고 도로 접근성이 좋아 향후 탐사가 용이합니다. Athena는 이 이상들을 현장 확인하는 추가 탐사를 거쳐 이번 겨울에 최초 시추 캠페인을 진행할 계획입니다.
Athena Gold (OTCQB:AHNRF) a annoncé des découvertes majeures issues de son programme de till de l'été 2025 sur le projet aurifère Laird Lake dans le district aurifère de Red Lake, Ontario. La société a identifié quatre zones d'anomalies aurifères distinctes – Nemo, Bounty, Hugo et Chungus – dont les longueurs varient de 200 à 3 000 mètres. Trois de ces zones constituent des découvertes entièrement nouvelles.
La société a élargi sa position foncière de 2 302 hectares, portant la superficie totale du projet à 7 457 hectares. Les découvertes présentent des signatures géochimiques Au-Ag-As-Bi-W caractéristiques des principaux gisements du district de Red Lake. L'anomalie Bounty est particulièrement notable, étant proche d'un prélèvement de surface antérieurement signalé à 373 g/t Au.
Le programme comprenait 1 899 échantillons de till prélevés de manière systématique ; la faible couverture sédimentaire et l'accessibilité routière facilitent les futures explorations. Athena prévoit de mener une première campagne de forage cet hiver après des prospections supplémentaires sur le terrain pour valider ces anomalies.
Athena Gold (OTCQB:AHNRF) hat bedeutende Entdeckungen aus dem Till-Programm Sommer 2025 beim Laird Lake Gold Project im Red Lake Gold District in Ontario bekannt gegeben. Das Unternehmen identifizierte vier voneinander getrennte Gold-Anomaliezonen – Nemo, Bounty, Hugo und Chungus – mit Längen zwischen 200 und 3.000 Metern. Drei dieser Zonen stellen vollständig neue Entdeckungen dar.
Die Gesellschaft hat ihre Landposition um 2.302 Hektar erweitert und die Gesamtprojektfläche auf 7.457 Hektar gebracht. Die Entdeckungen weisen Au-Ag-As-Bi-W-Geochemie auf, wie sie für bedeutende Lagerstätten im Red Lake-Distrikt typisch ist. Die Bounty-Anomalie ist besonders bemerkenswert, da sie in der Nähe einer zuvor gemeldeten 373 g/t Au Oberflächenprobe liegt.
Das Programm umfasste 1.899 Till-Proben, die systematisch entnommen wurden; geringe Überdeckung und gute Straßenanbindung erleichtern weitere Explorationen. Athena plant nach zusätzlicher Geländeerfassung diesen Winter eine erste Bohrkampagne.
- Discovery of four new gold anomaly zones with lengths up to 3,000 meters
- Significant land package expansion by 2,302 hectares to 7,457 hectares total
- Three entirely new target zones with no previous documented occurrences
- Excellent infrastructure with road accessibility and minimal overburden
- Proximity to the Balmer-Confederation unconformity, host to several high-grade deposits
- High-grade surface samples up to 373 g/t Au from previous sampling
- Early-stage exploration with no defined mineral resources yet
- Results pending from additional field prospecting program
FOUR NEW GEOCHEMICAL ANOMALIES TO BE TESTED
WHITE ROCK, BC / ACCESS Newswire / September 4, 2025 / Athena Gold Corporation (CSE:ATHA)(OTCQB:AHNRF) ("Athena" or the "Company") is pleased to announce the results from the 2025 summer till program completed at its flagship Laird Lake gold project, located in Ontario's prolific Red Lake Gold District (see press releases dated April 17, 2025, and July 14, 2025). Results from the program have highlighted at least four distinct zones of gold anomalism, ranging up to approximately 3,000 metres in length, newly named Nemo, Bounty, Hugo, and Chungus zones. Three of the new zones are not associated with any historical occurrences and represent new opportunities to make near-surface discoveries. On the back of these till results, Athena has further grown its land position by another 2,302 hectares, with the project now comprising a total of 7,457 hectares.
"We are beyond thrilled with the results from our 2025 till program at Laird Lake, which have revealed four significant gold anomalies in Ontario's Red Lake Gold District. The discovery of the Nemo, Hugo, and Chungus zones, combined with the expansion of our land package to over 7,400 hectares, positions Athena to unlock substantial value in this prolific gold camp. With minimal overburden and road-accessible targets, we are well-positioned to efficiently advance these discoveries toward our maiden drilling campaign this winter" said Koby Kushner, CEO.
"The new targets identified happen to occur in areas with very thin overburden. Additionally, we believe the till material sampled likely underwent minimal glacial displacement from surface mineralization near the new anomalies. This means that we should be able to ground truth these targets cheaply and quickly in order to finalize drill targets for our maiden winter drilling campaign" said Benjamin Kuzmich, VP Exploration.
Summary
Four discrete zones of gold anomalism, each ranging from approximately 200 to 3,000 metres long, have returned Au-Ag-As-Bi-W geochemical signatures characteristic of major deposits in the Red Lake district.
Three of the zones, Nemo, Hugo, and Chungus, represent new target areas, with no previously documented occurrences.
The Bounty anomaly is coincident with areas of known gold showings, most notably, the 373 g/t Au surface grab sample reported last year by Athena (see press release dated December 4, 2024), and is proximal to the Balmer-Confederation unconformity that hosts several high-grade, narrow-vein deposits in the Red Lake Gold Camp.
Regionally, the new geochemical anomalies appear proximal to northwest-trending structures associated with the Laird Lake fault system, which may represent an analogous structural environment to the LP Fault system that hosts the nearby Great Bear deposit.
The western anomalies, Nemo, Hugo, and Chungus, appear more broad and less nuggety (i.e. more disseminated) suggesting a different style of mineralization compared to the narrow high-grade targets at the Bounty zone.
All four geochemical anomalies are easily accessible via road network, with minimal overburden providing ease of access and observation during prospecting.
Athena has materially increased its Laird Lake project through map staking to 7,457 hectares from 5,155 hectares, with the project now spanning ~20 km of prospective ground.
Results from an additional field prospecting program are expected in the coming weeks, with the goal of ground-truthing these geochemical anomalies ahead of the planned maiden drill program in winter.
Figure 1: 2025 Till results displaying a weighted sum of Au[x5]-Ag-As-Bi-W calculated using a log transform. Structures include the Balmer - Confederation assemblage which is a primary control on gold distribution in the Red Lake district, along with a series of cross-cutting Laird Lake fault sets which are interpreted to a local control on mineralization.
Figure 2: Athena Gold acquires an additional ~2,300 ha through staking.
QA/QC
Athena Gold completed a preliminary orientation till sampling survey that consisted of 1899 till samples collected on 100m spaced north-south lines, and 100m spaced east-west lines in the central portion of the property, with 200m spaced north-south and 200m spaced east-west lines in the Western portion of the property. Samples were collected using "Dutch" style hand augers with a maximum 3.0m sampling depth possible. The sample depth ranged from 0-250cm with an average of 27cm. Collected sample weight ranged from 0.28 kg to 2.16 kg with an average of 1.04 kg. OREAS 46 certified reference material (CRM) and duplicate field samples were inserted into the sequence at a
Review of assay data shows both datasets returned high quality, usable data, with results within 3 standard deviations of the certified values of Al, Cu, Fe, Ni and Pb for all analyses, and duplicate samples were within
Glacial drift is proposed to be in the magnitude of 0m to 200m towards south by southwest across the Property based on the geological associations shown in the sample results compared to mapped lithologies.
The technical information presented in this news release has been reviewed and approved by Benjamin Kuzmich, P.Geo., Vice President of Exploration for Athena Gold Corporation and the Qualified Person for exploration at the Laird Lake Project, as defined by NI 43-101 "Standards of Disclosure for Mineral Projects".
About Athena Gold Corporation
Athena Gold 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 Gold's Laird Lake project is situated in the Red Lake Gold District of Ontario, covering over 7,000 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. Meanwhile, its Excelsior Springs project is located in the prolific Walker Lane Trend in Nevada, where it is currently under an earn-in option with Mammoth Minerals Limited (formerly, Firetail Resources Limited). Excelsior Springs spans over 2,500 hectares and covers at least three historic mines. Athena Gold also holds a
For further information about Athena Gold Corporation, 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.
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.
Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Athena Gold Corporation
View the original press release on ACCESS Newswire
FAQ
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