Athena Gold (CSE:ATHA,OTCQB:AHNR) is a gold exploration company advancing its asset in Ontario’s Red Lake Gold Camp in Canada, and its gold discovery project in Nevada’s Excelsior Springs in the US. Operating in two of the world’s safest, tier-one mining jurisdictions, the company aligns itself with the recent trend toward safer, more predictable mining jurisdictions.
The Laird Lake project, encompassing 4,158 hectares in Ontario’s Red Lake Gold District, spans over 10 kilometers of the Balmer-Confederation Assemblage contact, a key geological structure historically hosting major gold deposits, including the renowned Great Bear mine, now owned by Kinross (TSX:K,NYSE:KGC), and Madsen mine, owned by West Red Lake Gold (TSXV:WRLG:,OTCQB:WRLGF).
Map of Laird Lake project, showing selected assays from the October 2024 sampling program.
Athena Gold is executing a systematic exploration strategy, with plans for a property-wide geochemistry survey in 2025. These efforts aim to identify drill targets for a winter-spring drilling campaign, focusing on high-grade zones and expanding the project’s resource potential.
Company Highlights
- Athena Gold operates in two of the world’s safest and most prolific mining jurisdictions—Nevada and Ontario—benefiting from established infrastructure, lower geopolitical risk, regulatory stability, and high exploration potential.
- Flagship Projects – Laird Lake and Excelsior Springs
- Laird Lake: Situated in Ontario’s Red Lake Gold District, renowned for producing over 30 Moz of gold, with recent sampling identifying bonanza-grade gold up to 373 g/t gold. The project is in a pre-discovery phase.
- Excelsior Springs: Located in Nevada’s Walker Lane Trend, this project features historical high-grade gold production and recent discoveries, including a Western Slope intercept of 5.35 g/t gold over 33.5 m, with significant open-pit potential.
- Focused on advancing projects through grassroots exploration and systematic geological work to unlock high-grade deposits.
- Led by a technical and entrepreneurial team with a track record of delivering value through innovative exploration approaches.
- A lean and focused share structure with ~25 percent insider ownership ensures alignment with shareholder interests.
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