other material
confidence high
sentiment positive
materiality 0.90
Athena Gold increases private placement to CAD$1.25M and reports 373 g/t gold sample at Laird Lake
ATHENA GOLD CORP
- Increased private placement from CAD$1,000,000 to CAD$1,250,000; closed second tranche issuing 2,200,000 Units for CAD$110,000
- Sample from Laird Lake returned 373 g/t Au, highest-grade grab sample ever at the project and among highest surface grab samples in Red Lake Gold District
- Laird Lake project spans 4,158 hectares with >10 km of Balmer-Confederation contact, 10 km west of West Red Lake Gold Mines’ Madsen mine
- Insiders participated in Offering, acquiring 6,790,000 Units for total proceeds of CAD$339,500
- Proceeds to fund exploration at Excelsior Springs, Laird Lake, Oneman Lake, and general corporate expenses