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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event
reported): September 14, 2023
ATHENA GOLD
CORPORATION
(Exact Name of Registrant as Specified in its
Charter)
| Delaware |
000-51808 |
90-0158978 |
(State or other jurisdiction
of incorporation) |
(Commission File
Number) |
(I.R.S. Employer Identification
number) |
2010
A Harbison Drive # 312, Vacaville,
CA 95687
(Address of principal executive offices) (Zip Code)
(Registrant's telephone number, including area
code) (707)
291-6198
______________________________________________________
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:
| ☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered
pursuant to Section 12(b) of the Act:
| Title
of each class |
Trading
Symbol |
Name
of each exchange on which registered |
| N/A |
N/A |
N/A |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☒
If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 13(a) of the Exchange Act.
| ITEM 7.01 | REGULATION FD DISCLOSURE |
On September 14, 2023 Athena Gold Corporation ("Athena"
or the "Company") issued a press release announcing results from its Phase 3 drilling program at its 100% owned, 4,000
acre Excelsior Springs Gold Project, located approximately 45 miles southwest of Goldfield in Esmeralda County, Nevada.
A total of nine RC drill holes were completed in the Phase 3 program
for a total of 1,140 meters in the Western Slope Zone ("WSZ"); gold mineralization was extended both east and west. The purpose
of the Company's Phase 3 drilling program was to expand the mineralization footprint and better understand the mineralization trend at
the WSZ, which is in the prestigious Walker Lane Trend in Nevada. A copy of the press release is filed herewith
as Exhibit 99.1.
Later on September 14, 2023 the Company issued a correction to the
above-noted press release due to a typographical error. A copy of the corrected press release is filed herewith as Exhibit 99.2.
The information in this Current Report on Form
8-K furnished pursuant to Item 7.01, including Exhibits 99.1 and 99.2 shall not be deemed to be “filed” for the purposes of
Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liability under
that section, and they shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the
Exchange Act, except as shall be expressly set forth by specific reference in such filing. By filing this Current Report on Form 8-K and
furnishing this information pursuant to Item 7.01, the Company makes no admission as to the materiality of any information in this Current
Report on Form 8-K, including Exhibits 99.1 and 99.2, that is required to be disclosed solely by Regulation FD.
|
ITEM 9.01 |
FINANCIAL STATEMENTS AND EXHIBITS |
Exhibits
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| |
Athena Gold Corporation |
| |
|
|
| |
|
|
| Date: September 15, 2023 |
By: |
/s/ John C. Power |
| |
|
John C. Power, President |
Exhibit 99.1
Athena Gold Drills
1.02 Gold Over 51.8 Meters and Extends Its Shallow
Oxide Gold Discovery At Its Excelsior Springs Project in Nevada
VACAVILLE, CA / ACCESSWIRE / September 14, 2023 / Athena Gold
Corporation (OTCQB:AHNR)(CSE:ATHA) ("Athena" or the "Company") is pleased to announce results from its
Phase 3 drilling program (the "Program") at its 100% owned, 4,000 acre Excelsior Springs Gold Project (the "Project"
or the "Property"), located approximately 45 miles southwest of Goldfield in Esmeralda County, Nevada.
A total of nine RC drill holes were completed in the Phase 3 program
for a total of 1,140 meters in the Western Slope Zone ("WSZ"); gold mineralization was extended both east and west. The purpose
of the Company's Phase 3 drilling program was to expand the mineralization footprint and better understand the mineralization trend at
the WSZ, which is the one of the newest grassroots discoveries in the prestigious Walker Lane Trend in Nevada.
John Power, President & CEO of Athena commented, "We are
pleased with the continued progress and evolution of our new Western Slope Zone. We have drilled 18 RC holes for a total of 2,052 meters
in the WSZ over 2022 and 2023 with excellent results. Our immediate focus is to further expand the WSZ zone and identify the source of
its mineralizing fluids. This combined with the follow-up exploration opportunity at GE-14, which has an IRG geochemical signature, provide
the Company with multiple high-leverage drill targets going forward."
Phase 3 Highlights and Results
DH 23-03: Intersected 1.02 g/t Au and 8.2 g/t Ag over 51.8 meters,
starting at 29.0 meters. This lengthy intercept extended the Western Slope Zone about 23 m eastward at similar depths to the two intercepts
reported from RC hole 22-02. The mineralization was well distributed throughout the interval.
DH 23-01: Intersected 2.18 g/t Au and 1.9 g/t Ag over 6.1 meters, starting
at 74.7 meters. This intercept included 1.52 m (5 feet) of 6.6 g/t Au, extending the WSZ approximately 15 m east of the deepest interval
reported in RC drill hole 22-01.
Figure
1. Plan map of all holes drilled to date at the Western Slope Zone. The holes drilled in 2022 yielded the best gold
grades in the history of the Property, with over 100 RC drill holes completed over the past 50 years. True widths of the drill hole intercepts
are not known
The Company engaged Caracle Creek International Consulting Inc. and
its strategic partner Atticus Geoscience Consulting to analyze and model the drill hole data from the Western Slope Zone in a comprehensive
3D geological model and propose follow-up drill targets in the WSZ. Initial modeling has been completed giving the Company a better understanding
of the orientation of mineralization in the WSZ. A very concise drilling program has been designed as part of the next phase of exploration
at Excelsior Springs, as reflected in Figure 2.
Figure
2. Western Slope Zone, 3D Leapfrog geo-model looking west, showing the 6 proposed Phase 4 drill holes (green), angled
between 40° and 60° and with lengths between 100 m and 250 meters. The modeled mineralized bodies (red) have an interpreted dip
at 60° south. Phase 2 and Phase 3 drill holes are shown in white and the limestone units are shown in light blue.
Future exploration plans and discussion
Future exploration will focus on drilling the
holes proposed by Caracle Creek/Atticus to continue to delineate and expand the WSZ. In addition, future exploration will aim to uncover
new zones of mineralization starting with the area around historical drill hole GE-14. The area around GE-14 has a much different geochemical
signature than the WSZ.
Drill hole GE-14 is in an area about 325 m east
of WSZ and returned 24.4 meters of 1.09 g/t Au starting at only 7.6 meters depth; this hole also had anomalous arsenic, antimony, bismuth,
molybdenum, mercury, and tellurium. GE-14 is proximal to a mapped fault named the South Ridge Thrust Fault ("SRTF") which extends
all the way to an IP anomaly in the southwest area of the Property. The SRTF appears to be similar to a traditional Intrusion Related
Gold (IRG) system with elevated arsenic, bismuth and other key pathfinder elements associated with gold mineralization.
This IRG target was further confirmed by more
recent outcrop sampling by Athena's technical team at Contact Gulch, a surface exposure of the SRTF which returned almost 1 g/t Au and
significantly elevated arsenic, bismuth, copper, and molybdenum concentrations. Elevated concentrations of these minerals are interpreted
to be hydrothermally derived from a magmatic source. The Company has a high level of confidence in the gold exploration opportunity in
the area around GE-14.
We also recently collected surface samples from the historic high-grade
gold occurrence commonly referred to as the Lida Bell mine which is located on new claims staked by Athena in the fall of 2022 to expand
our land package to approximately 4,000 acres at Excelsior Springs.
Figure
3 shows the surface and sub-surface geology and all the holes within 23 meters east and 26 meters west of cross section
446830 E. This plan map and cross-sectional segment contains six of the eight holes drilled to date in the WSZ that contained intercepts
above established cutoff criteria[1]. Note that the
upper limestone capped the mineralization on this cross section and in hole 23-03 and 23-01, which are beyond the east and west limits
of the plan map and are not projected on this section.
[1] Gold cut off: 0.20 g/t. Minimum mineral interval of 20
feet interval. Minimum 20 feet waste between mineral intervals. Maximum 20 feet waste within mineral intervals. Drill intervals are not
mineral thicknesses.
Figure
4 is a plan map that shows these targets along with the Company's land position and the geophysical survey.
Quality Assurance and Quality Control
Procedures were implemented to assure Quality Assurance Quality Control
(QAQC). Alldrilling was performed using reverse circulation methods with samples collected at 5-foot intervals. Representative sample
splitswere securely stored for shipment, with chain of custody documentation through delivery to American Assay Laboratories, an independent
ISO-certified laboratory in Reno, Nevada. Mineralized commercial reference standards and coarse blank standards were inserted in every
20th sample in sequence to assure acceptable levels of confidence of the drill hole assays. When laboratory reports of the assays are
received, QAQC protocols are immediately augmented to ensure dependability of the drill hole assays.
As the Excelsior Springs Project advances, additional QAQC measures
will be implemented including selected duplicate check assaying on pulps and coarse rejects at a second accredited assay laboratory. All
results will be analyzed for consistency.
Qualified Person
John Hiner, SME Registered Member and Washington State Licensed Geologist,
is a qualified person as defined by NI 43-101 and has reviewed the scientific and technical information that forms the basis of this press
release and has approved the disclosure herein. Mr. Hiner is not independent of the Company.
Corporate Objectives
Athena's main objectives are to conduct additional exploration drilling
and studies on the Project and to acquire precious and base metal properties of merit.
For further information about Athena Gold Corporation and our Excelsior
Springs Gold project, please visit www.athenagoldcorp.com.
On Behalf of the Board of Directors
John Power
Chief Executive Officer and President
Phone: John Power, 707-291-6198
Email: info@athenagoldcorp.com
Castlewood Capital, Jason (647) 534-9884
Email: jason@castlewoodcapital.ca
Cautionary Statement to U.S. Investors
This press release references NI 43-101, which differs from the
requirements of U.S. securities laws. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards
for all public disclosure an issuer makes of scientific and technical information concerning mineral projects.
The United States Securities and Exchange Commission ("SEC")
permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can legally extract or
produce. Pursuant to SEC Industry Guide 7 under the United States Securities Act of 1933, as amended, a "final" or "bankable"
feasibility study is required to report reserves.
Currently Athena has not delineated "reserves" on any
of its properties. Athena cannot be certain that any deposits at its properties will ever be confirmed or converted into SEC Industry
Guide 7 or any successor rule or regulation compliant "reserves". Investors are cautioned not to assume that any part or all
of the historic Buster Mine or Western Slope gold zones will ever be confirmed or converted into reserves or that it can be economically
or legally extracted.
The SEC has adopted amendments to its disclosure rules to modernize
the mineral property disclosure requirements for issuers whose securities are registered with the SEC under the United States Securities
Exchange Act of 1934, as amended. These amendments became effective February 25, 2019, with compliance required for the first fiscal year
beginning on or after January 1, 2021, and historical property disclosure requirements for mining registrants that were included in SEC
Industry Guide 7, which was rescinded from and after such date and replaced with disclosure requirements known as S-K 1300.
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 U.S. securities laws.
All statements, other than statements of historical fact, included herein including, without limitation, statements regarding future exploration
plans and the completion of a phase 2 drill program at the Project, 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 cessary permits, licenses and regulatory approvals in connection with the future
exploration and development of the Company's projects in a timely manner, QAQC procedures at the Project were followed, the availability
of financing on suitable terms for the exploration and development of the Company's projects and the Company's ability to comply with
environmental, health and safety laws.
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 as a result of various factors, including, operating and technical difficulties in connection with mineral exploration and
development activities, actual results of exploration activities, the estimation or realization of mineral reserves and mineral resources,
the inability of the Company to obtain the necessary financing required to conduct its business and affairs, as currently contemplated,
the timing and amount of estimated future production, the costs of production, capital expenditures, the costs and timing of the development
of new deposits, requirements for additional capital, future prices of precious metals, changes in general economic conditions, changes
in the financial markets and in the demand and market price for commodities, lack of investor interest in future financings, accidents,
labor disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or financing or in the completion
of development or construction activities, risks relating to epidemics or pandemics such as COVID-19, including the impact of COVID-19
on the Company's business, financial condition and results of operations, changes in laws, regulations and policies affecting mining operations,
title disputes, the inability of the Company to obtain any necessary permits, consents, approvals or authorizations, including of the
Canadian Securities Exchange, the timing and possible outcome of any pending litigation, environmental issues and liabilities, and other
factors and risks that are discussed in the Company's periodic filings with the SEC and disclosed in the final long form prospectus of
the Company dated August 31, 2021.
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.
SOURCE: Athena Gold Corporation
Exhibit 99.2
CORRECTION BY SOURCE: Athena Gold Drills 1.02 g/t Gold
Over 51.8
Meters and Extends its Shallow Oxide Gold Discovery at
Excelsior Springs Project, Nevada
There was an incomplete headline in the original release
VACAVILLE, CA / ACCESSWIRE / September 14, 2023 / Athena
Gold Corporation (OTCQB:AHNR)(CSE:ATHA) ("Athena" or the "Company") is pleased to announce results from
its Phase 3 drilling program (the "Program") at its 100% owned, 4,000 acre Excelsior Springs Gold Project (the "Project"
or the "Property"), located approximately 45 miles southwest of Goldfield in Esmeralda County, Nevada.
A total of nine RC drill holes were completed in the Phase 3 program
for a total of 1,140 meters in the Western Slope Zone ("WSZ"); gold mineralization was extended both east and west. The purpose
of the Company's Phase 3 drilling program was to expand the mineralization footprint and better understand the mineralization trend at
the WSZ, which is the one of the newest grassroots discoveries in the prestigious Walker Lane Trend in Nevada.
John Power, President & CEO of Athena commented, "We are
pleased with the continued progress and evolution of our new Western Slope Zone. We have drilled 18 RC holes for a total of 2,052 meters
in the WSZ over 2022 and 2023 with excellent results. Our immediate focus is to further expand the WSZ zone and identify the source of
its mineralizing fluids. This combined with the follow-up exploration opportunity at GE-14, which has an IRG geochemical signature, provide
the Company with multiple high-leverage drill targets going forward."
Phase 3 Highlights and Results
DH 23-03: Intersected 1.02 g/t Au and 8.2 g/t Ag over 51.8 meters,
starting at 29.0 meters. This lengthy intercept extended the Western Slope Zone about 23 m eastward at similar depths to the two intercepts
reported from RC hole 22-02. The mineralization was well distributed throughout the interval.
DH 23-01: Intersected 2.18 g/t Au and 1.9 g/t Ag over 6.1 meters, starting
at 74.7 meters. This intercept included 1.52 m (5 feet) of 6.6 g/t Au, extending the WSZ approximately 15 m east of the deepest interval
reported in RC drill hole 22-01.
Figure 1. Plan map of all holes drilled to date
at the Western Slope Zone. The holes drilled in 2022 yielded the best gold grades in the history of the Property, with over 100 RC drill
holes completed over the past 50 years. True widths of the drill hole intercepts are not known
The Company engaged Caracle Creek International Consulting Inc. and
its strategic partner Atticus Geoscience Consulting to analyze and model the drill hole data from the Western Slope Zone in a comprehensive
3D geological model and propose follow-up drill targets in the WSZ. Initial modeling has been completed giving the Company a better understanding
of the orientation of mineralization in the WSZ. A very concise drilling program has been designed as part of the next phase of exploration
at Excelsior Springs, as reflected in Figure 2.
Figure 2. Western Slope Zone, 3D Leapfrog geo-model
looking west, showing the 6 proposed Phase 4 drill holes (green), angled between 40° and 60° and with lengths between 100 m and
250 meters. The modeled mineralized bodies (red) have an interpreted dip at 60° south. Phase 2 and Phase 3 drill holes are shown in
white and the limestone units are shown in light blue.
Future exploration plans and discussion
Future exploration will focus on drilling the holes proposed by Caracle
Creek/Atticus to continue to delineate and expand the WSZ. In addition, future exploration will aim to uncover new zones of mineralization
starting with the area around historical drill hole GE-14. The area around GE-14 has a much different geochemical signature than the WSZ.
Drill hole GE-14 is in an area about 325 m east of WSZ and returned
24.4 meters of 1.09 g/t Au starting at only 7.6 meters depth; this hole also had anomalous arsenic, antimony, bismuth, molybdenum, mercury,
and tellurium. GE-14 is proximal to a mapped fault named the South Ridge Thrust Fault ("SRTF") which extends all the way to
an IP anomaly in the southwest area of the Property. The SRTF appears to be similar to a traditional Intrusion Related Gold (IRG) system
with elevated arsenic, bismuth and other key pathfinder elements associated with gold mineralization.
This IRG target was further confirmed by more recent outcrop sampling
by Athena's technical team at Contact Gulch, a surface exposure of the SRTF which returned almost 1 g/t Au and significantly elevated
arsenic, bismuth, copper, and molybdenum concentrations. Elevated concentrations of these minerals are interpreted to be hydrothermally
derived from a magmatic source. The Company has a high level of confidence in the gold exploration opportunity in the area around GE-14.
We also recently collected surface samples from the historic high-grade
gold occurrence commonly referred to as the Lida Bell mine which is located on new claims staked by Athena in the fall of 2022 to expand
our land package to approximately 4,000 acres at Excelsior Springs.
Figure 3 shows the surface and sub-surface geology
and all the holes within 23 meters east and 26 meters west of cross section 446830 E. This plan map and cross-sectional segment contains
six of the eight holes drilled to date in the WSZ that contained intercepts above established cutoff criteria[1]. Note
that the upper limestone capped the mineralization on this cross section and in hole 23-03 and 23-01, which are beyond the east and west
limits of the plan map and are not projected on this section.
[1] Gold cut off: 0.20 g/t. Minimum mineral interval of 20
feet interval. Minimum 20 feet waste between mineral intervals. Maximum 20 feet waste within mineral intervals. Drill intervals are not
mineral thicknesses.
Figure 4 is a plan map that shows these targets
along with the Company's land position and the geophysical survey.
Quality Assurance and Quality Control
Procedures were implemented to assure Quality Assurance Quality Control
(QAQC). All drilling was performed using reverse circulation methods with samples collected at 5-foot intervals. Representative sample
splits were securely stored for shipment, with chain of custody documentation through delivery to American Assay Laboratories, an independent
ISO-certified laboratory in Reno, Nevada. Mineralized commercial reference standards and coarse blank standards were inserted in every
20th sample in sequence to assure acceptable levels of confidence of the drill hole assays. When laboratory reports of the assays are
received, QAQC protocols are immediately augmented to ensure dependability of the drill hole assays.
As the Excelsior Springs Project advances, additional QAQC measures
will be implemented including selected duplicate check assaying on pulps and coarse rejects at a second accredited assay laboratory. All
results will be analyzed for consistency.
Qualified Person
John Hiner, SME Registered Member and Washington State Licensed Geologist,
is a qualified person as defined by NI 43-101 and has reviewed the scientific and technical information that forms the basis of this press
release and has approved the disclosure herein. Mr. Hiner is not independent of the Company.
Corporate Objectives
Athena's main objectives are to conduct additional exploration drilling
and studies on the Project and to acquire precious and base metal properties of merit.
For further information about Athena Gold Corporation and our Excelsior
Springs Gold project, please visit www.athenagoldcorp.com.
On Behalf of the Board of Directors
John Power
Chief Executive Officer and President
Phone: John Power, 707-291-6198
Email: info@athenagoldcorp.com
Castlewood Capital, Jason (647) 534-9884
Email: jason@castlewoodcapital.ca
Cautionary Statement to U.S. Investors
This press release references NI 43-101, which differs from the
requirements of U.S. securities laws. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards
for all public disclosure an issuer makes of scientific and technical information concerning mineral projects.
The United States Securities and Exchange Commission ("SEC")
permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can legally extract or
produce. Pursuant to SEC Industry Guide 7 under the United States Securities Act of 1933, as amended, a "final" or "bankable"
feasibility study is required to report reserves.
Currently Athena has not delineated "reserves" on any
of its properties. Athena cannot be certain that any deposits at its properties will ever be confirmed or converted into SEC Industry
Guide 7 or any successor rule or regulation compliant "reserves". Investors are cautioned not to assume that any part or all
of the historic Buster Mine or Western Slope gold zones will ever be confirmed or converted into reserves or that it can be economically
or legally extracted.
The SEC has adopted amendments to its disclosure rules to modernize
the mineral property disclosure requirements for issuers whose securities are registered with the SEC under the United States Securities
Exchange Act of 1934, as amended. These amendments became effective February 25, 2019, with compliance required for the first fiscal year
beginning on or after January 1, 2021, and historical property disclosure requirements for mining registrants that were included in SEC
Industry Guide 7, which was rescinded from and after such date and replaced with disclosure requirements known as S-K 1300.
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 U.S. securities laws.
All statements, other than statements of historical fact, included herein including, without limitation, statements regarding future exploration
plans and the completion of a phase 2 drill program at the Project, 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 cessary permits, licenses and regulatory approvals in connection with the future
exploration and development of the Company's projects in a timely manner, QAQC procedures at the Project were followed, the availability
of financing on suitable terms for the exploration and development of the Company's projects and the Company's ability to comply with
environmental, health and safety laws.
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 as a result of various factors, including, operating and technical difficulties in connection with mineral exploration and
development activities, actual results of exploration activities, the estimation or realization of mineral reserves and mineral resources,
the inability of the Company to obtain the necessary financing required to conduct its business and affairs, as currently contemplated,
the timing and amount of estimated future production, the costs of production, capital expenditures, the costs and timing of the development
of new deposits, requirements for additional capital, future prices of precious metals, changes in general economic conditions, changes
in the financial markets and in the demand and market price for commodities, lack of investor interest in future financings, accidents,
labor disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or financing or in the completion
of development or construction activities, risks relating to epidemics or pandemics such as COVID-19, including the impact of COVID-19
on the Company's business, financial condition and results of operations, changes in laws, regulations and policies affecting mining operations,
title disputes, the inability of the Company to obtain any necessary permits, consents, approvals or authorizations, including of the
Canadian Securities Exchange, the timing and possible outcome of any pending litigation, environmental issues and liabilities, and other
factors and risks that are discussed in the Company's periodic filings with the SEC and disclosed in the final long form prospectus of
the Company dated August 31, 2021.
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.
SOURCE: Athena Gold Corporation
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- DefinitionA unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
| Name: |
dei_EntityCentralIndexKey |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:centralIndexKeyItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionIndicate if registrant meets the emerging growth company criteria. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
| Name: |
dei_EntityEmergingGrowthCompany |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:booleanItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionCommission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
| Name: |
dei_EntityFileNumber |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:fileNumberItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionTwo-character EDGAR code representing the state or country of incorporation.
| Name: |
dei_EntityIncorporationStateCountryCode |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:edgarStateCountryItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionThe exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
| Name: |
dei_EntityRegistrantName |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:normalizedStringItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionThe Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
| Name: |
dei_EntityTaxIdentificationNumber |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:employerIdItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionLocal phone number for entity.
| Name: |
dei_LocalPhoneNumber |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:normalizedStringItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
| Name: |
dei_PreCommencementIssuerTenderOffer |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:booleanItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
| Name: |
dei_PreCommencementTenderOffer |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:booleanItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Section 14a
-Number 240
-Subsection 12
| Name: |
dei_SolicitingMaterial |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:booleanItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
| Name: |
dei_WrittenCommunications |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:booleanItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
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