Drilling Program At Excelsior Springs Gold Project

VACAVILLE, CA - Athena Gold Corporation reported the successful completion of its reverse circulation (RC) drill program (2022 Drill Program) at its Excelsior Springs project in Esmeralda County, Nevada. The 2022 Drill Program was upsized to 5,575 feet from the originally planned 5,000 feet and was completed in early April 2022. A total of 11 vertical and angle holes were completed on both the patented and unpatented claims comprising the Project, ranging from depths of 350 to 900 feet. All RC samples were shipped to American Assay Laboratories, an independent laboratory, in Reno, Nevada for analysis and the results are pending.

The 2022 Drill Program was designed to better delineate and expand known mineralization along strike at the Excelsior Springs Project, aggressively test target areas and further substantiate that the Project is a regional-scale, intrusion-related, gold-bearing, hydrothermal system.

John Power, President & CEO, said, "Our 2022 RC drill program was completed as planned at the Excelsior Springs Project. Our drilling contractor and our consulting technical team did an excellent job. We are encouraged by intersections of mineralization and alteration in several drill holes, and we will anxiously await results from the assay lab."

Procedures have been implemented to assure Quality Assurance Quality Control (QAQC) of drill hole assaying being done at an ISO Accredited assay laboratory. All intervals of drill holes are being assayed and samples were securely stored for shipment, with chain of custody documentation through delivery. Mineralized commercial reference standards and coarse blank standards were inserted every 20th sample in sequence and results will be graphed to assure acceptable results, resulting in high confidence of the drill hole assay results. When laboratory assays are received, the QAQC results will be immediately evaluated and graphed to analyze dependability of the drill hole assays.