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Athena Defines Geophysical Targets and Mobilizes Field Crew at Laird Lake
ADDITIONAL UNTESTED GOLD TARGETS IN RED LAKE, ONTARIO WHITE ROCK, BC / ACCESS Newswire / September 11, 2025 / Athena Gold Corporation (CSE:ATHA)(OTCQB:AHNRF) ("Athena" or the "Company") is pleased to announce the identification of promising …
ADDITIONAL UNTESTED GOLD TARGETS IN RED LAKE, ONTARIO
WHITE ROCK, BC / ACCESS Newswire / September 11, 2025 / Athena Gold Corporation (CSE:ATHA)(OTCQB:AHNRF) ("Athena" or the "Company") is pleased to announce the identification of promising geophysical targets at its Laird Lake gold project in Ontario's prolific Red Lake Gold District. Recent analysis of historical geophysics has highlighted at least six distinct zones of electromagnetic (EM) anomalism (G1 to G6), complimenting the recently announced geochemical till anomalies (see press release dated September 4, 2025). Concurrently, Athena has mobilized a field crew to follow up on these anomalies and refine targets ahead of its maiden drilling campaign, planned for this upcoming winter.
Highlights
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High-Resolution SkyTEM Survey: A 2017 SkyTEM EM and magnetic survey, conducted by a previous operator at 50-meter line spacing, identified six geophysical anomalies (G1 to G6) within the top 300 meters of the Laird Lake project area. These anomalies are hosted within the Balmer Assemblage, a critical geological unit for gold mineralization in the Red Lake Gold District. The previous operator had not drilled the project post-completion of the SkyTEM survey, indicating untested potential.
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G1 Anomaly: Interpreted as a shallow folded banded iron formation (BIF). Surface sampling along strike returned anomalous gold values up to 0.7 g/t Au in BIF, coincident with undocumented historical hand-dug trenches.
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G6 Anomaly: A 2016 drill program coincidentally intersected the margin of the G6 anomaly, encountering a sulphide-rich, silica-diopside altered mafic unit with anomalous gold values, confirming the prospectivity of these geophysical targets.
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Athena Mobilizes Field Crew: Athena initiates a field program to ground-truth these newly defined targets, along with the recently defined targets (announced September 4th, 2025), to delineate drill targets for its maiden drill program. Additionally, Athena has pending assays results from the recently completed Phase 1 prospecting program.
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Strategic Location: The 7,457-hectare Laird Lake project spans over 20 km of the Balmer-Confederation Assemblage contact, a key structural feature hosting over 90% of the gold mined in the Red Lake Gold District. The project is road-accessible, located 10 km west of West Red Lake Gold's Madsen mine and 34 km northwest of Kinross Gold's Great Bear project.
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