FULL DISCLOSURE: This is sponsored content for Athena Gold.
Athena Gold (CSE: ATHA) is set to begin surveying a newly assembled property in Nevada that is believed to contain a porphyry copper-molybdenum-gold system within the Walker Lane structural belt.
The junior explorer revealed this morning it will be conducting an IP/Resistivity survey at its Crow Springs project, which is found to the northwest of Tonopah, Nevada. The project was assembled after staking 10 claims and leasing an additional claim known as CS-124 in 2022. After further staking earlier this year, the project now amounts to 31 unpatented claims.
“We remain focused on our flagship Excelsior Springs Gold Project but are excited to advance our porphyry copper molybdenum gold target in a Tier One jurisdiction to diversify our portfolio and build accretive value for our shareholders. Nevada has had numerous recent success stories whereby modern exploration techniques have been applied at historic mining districts. A favorable IP survey will confirm our 2024 drill targets,” commented CEO John Power.
Prior exploration conducted on the property, including geochemistry and drilling, suggests a porphyry system of over 4.5 square miles exists at the project. The geochemistry meanwhile suggests that moderate to strong copper-molybdenum-gold mineralization is exposed and is suitable for drilling to depths of less than 457 metres (1,500 feet).
Airborne magnetics conducted across the district in 2021 suggests an untested magnetic anomaly exists on the Crow Springs project, with the IP-Resistivity survey slated to further refine and delineate drill targets at the anomaly. The planned survey is expected to penetrate the ground to a depth of 365 metres.
Athena Gold last traded at $0.035 on the CSE.
FULL DISCLOSURE: Athena Gold Corp is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Athena Gold. The author has been compensated to cover Athena Gold Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
