Exploration Update From Excelsior Springs

WHITE ROCK, BC – Athena Gold Corporation reported on its Excelsior Springs Project in Nevada. Mammoth Minerals Limited has been aggressively exploring Excelsior, per its option agreement to earn an 80% interest in the project over five years, providing Athena a free-carry to Definitive Feasibility Study thereafter. Recently, Mammoth reported significant results from its ongoing RC drilling campaign. Athena remains a significant (>5%) shareholder of Mammoth Minerals Limited. 

Multiple significant new assay results received from the current RC drilling program along the 7 km long Buster Trend: 33.54m @ 1.25 g/t Au from surface (MEXRC2617), including 9.15m @ 3.18 g/t Au from 18.29m, and 3.05m @ 7.70 g/t Au from 51.83m, plus 13.72m @ 1.15 g/t Au from 62.5m (MEXRC2601).

The represents new area of mineralization approximately 100m west of previous drilling, with further drilling planned along strike and down-dip: 7.62m @ 2.1 g/t Au from 219.51m (MEXRC2605). Extends mineralization over 100m down-dip from previous drilling and remains open below 180m. Additional wide shallow intercepts include 12.20m @ 2.56 g/t Au from surface (MEXRC2613). RC drilling is continuing along strike and down-dip to increase confidence and expand the mineralized footprint at Buster.