Athena Gold Corporation announced the addition of 1,000 acres (405 Hectares) to its property at Excelsior Springs by staking 51 new BLM claims bringing its total land package to 200 BLM lode claims covering over 4,000 acres (1,619 Hectares). A shallow IP survey on the property shows a chargeability anomaly that extends beyond the boundary of the survey to the southwest with increased chargeability going under the South Ridge Thrust Fault ("SRTF") and is a target for a concentration of sulfides at depth and needs to be drill-tested. Of the new lode claims, 19 claims were located along southern claim block border to provide protection over this important exploration target.

An additional 32 new lode claims (640+/- acres) were located east and southeast of existing claim blocks in The Palmetto Mountain Trend which has been a key focus on a regional scale in this area of the Walker Lane Trend for over 150 years. The Excelsior Springs Project (the "Project") lies within the prolific Walker Lane tectonic trend, a large region of northwest-trending, strike-slip fault zones that host a significant number of precious metal deposits having very strong structural control for mineralization. The Project contains numerous prospect pits, trenches, roads, surface sampling sites and 104 drill holes to date within a 300m X 3,000m wide (1,000 foot-wide and 10,000-foot-long east-west trending zone of shearing and alteration.

Underground workings on the two patented claims within the Project had unverified, historical production of 597,187 grams of gold (19,200 troy ounces) from 18,000 tons averaging 37.3 grams/ton Au (1.2 oz/ton Au). The Walker Lane trend is experiencing a major resurgence of intense and successful exploration and development. The Walker Lane has had total production of 20+ million ounces ("Moz") of gold, including the following deposits at Goldfields (5 Moz), Bullfrog (2 Moz), Tonopah (2 Moz), Mineral Ridge (1.5 Moz) and Comstock (8 Moz Au, 200 Moz Ag).

Readers are cautioned that the Company has no interest in or right to acquire any interest in any of the above-mentioned properties, other than the Excelsior Springs the "Project"), and that the mineral deposits, and the results of any exploration or mining thereof, on adjacent or similar properties are not indicative of potential mineral deposits Project or any potential exploitation thereof. Gold mineralization discovered at the Project to date occurs in quartz vein stock-works and silicified zones in hornfels and calc-silicate altered country rock and is generally close to porphyry dykes. The best (grades and thicknesses) discovered recently were found in oxidized and altered sediments immediately above porphyry dykes seemingly intruded along existing east- and east-northeast trending faults.

The mineralized stock-work vein zones are shallow and have a relatively flat plunge, making them amenable to open pit mining methods. Most historical exploration at the Excelsior Springs Project has focused on a 2.5 km (8,200 feet) long section in the central part of the Buster zone where mineralization is at or near the surface. Surface mapping and an Induced Polarization (IP) geophysical survey conducted by Zonge International Inc. identified multiple zones of silicification that correlate well with the known mineralization.

Many of the silicified zones defined by the IP (resistivity highs) surveys have not been tested by drilling and constitute viable exploration targets.