Mr. Koby Kushner reports

ATHENA GOLD AWARDED $200,000 GRANT FROM ONTARIO GOVERNMENT

Athena Gold Corp. has been awarded $200,000 in non-dilutive grant funding from the Ontario government through the Ontario Junior Exploration Program (OJEP). Administered by the Ontario Ministry of Mines, the OJEP grant provides financial assistance to junior exploration companies to offset costs associated with grassroots mineral exploration.

"We send our gratitude to the Ontario Ministry of Energy and Mines for their ongoing commitment to supporting junior explorers like Athena," said Koby Kushner, chief executive officer of Athena. "This non-dilutive funding will be used to help finance our maiden drill program at our Laird Lake project, where we are aiming to make the next great discovery in the historic Red Lake gold camp through our recently launched maiden drill program."

"Ontario is leading the charge to secure the minerals that will power our economy and strengthen our sovereignty," said Stephen Lecce, Minister of Energy and Mines. "Through OJEP, we're backing companies like Athena to advance promising projects here at home -- unlocking resources, creating jobs, and building a more self-reliant and secure Canadian economy."

About the Ontario Junior Exploration Program

The Ontario Junior Exploration Program (OJEP) is an initiative of the Ontario government that will help attract investment in early exploration, expand the pipeline of mineral development projects, including critical minerals, and lead to more mines and jobs in Ontario. Early exploration is key to the discovery of new and existing minerals, including critical minerals, which is a priority area for Ontario. The mines of the future depend on discoveries made by junior companies during the exploration phase. By financing the eligible costs associated with early exploration, the OJEP can reduce risk for private investors, boosting Ontario's appeal as a jurisdiction of choice for mining investment.

About Athena Gold Corp.

Athena is engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct additional exploration drilling and studies on its projects across North America. Athena's Laird Lake project is situated in the Red Lake gold district of Ontario, covering over 7,000 hectares along more than 10 kilometres of the Balmer-Confederation Assemblage contact, where recent surface sampling results returned up to 373 grams per tonne gold. This underexplored area is road accessible, located about 10 kilometres west of West Red Lake Gold's Madsen mine and 34 kilometres northwest of Kinross Gold's Great Bear project. Also in Northwestern Ontario is Athena's proposed acquisition of the Forester project, a 4,900-hectare land package located less than 30 kilometres southeast of Orla Mining's Musselwhite gold mine, with historical drill intercepts showing strong potential for both high-grade, narrow-vein and low-grade, bulk-tonnage gold mineralization. Meanwhile, its Excelsior Springs project is located in the prolific Walker Lane trend in Nevada, where it is currently under an earn-in option with Mammoth Minerals Ltd. (formerly, Firetail Resources Ltd.). The Excelsior Springs project spans over 2,500 hectares and covers at least three historic mines. Athena also holds 100-per-cent interest in its Oneman Lake gold-VMS (volcanogenic massive sulphide) project in Ontario.

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