Excelsior Springs Project Drill Program Increased In Size

VACAVILLE, CA - Athena Gold Corporation increased the size of the the Fall 2022 reverse circulation (RC) drill program to nine (9) angle holes from the previously announced six (6) angle holes. Total footage was increased to 2,700 feet (820 meters) at its Excelsior Springs Project, located in Esmeralda County, Nevada.

John Power, President and CEO, "Our primary objective with four of the holes in our Fall RC drill program was to define the strike and dip of the mineralization in our discovery hole from our Spring 2022 RC program DB-23; DB-23 was the best drill hole intercept in the history of the project, containing 110 feet (34 meters) of 5.2 g/t Au and 8.9 g/t Ag . We are also targeting to extend the mineralization found in DB-23 with two focused step-out holes to the west between DB-23 and the historic Buster zone. Finally, in the historic Buster zone, three holes were designed to test for potential extensions of high-grade gold mineralization in historic drill holes. Our technical team has done another amazing job executing on this drill program. Our RC drill contractor again provided strong competence completing our program in a timely manner.”