Mr. Koby Kushner reports

ATHENA GOLD FURTHER EXPANDS FORESTER PROJECT NEAR MUSSELWHITE, ONTARIO

Athena Gold Corp. has further consolidated its land position at its 100-per-cent-owned Forester project in Ontario's Musselwhite gold camp. Through recent map staking, the company acquired an additional 6,088 hectares of contiguous mining claims, expanding the project by approximately 69 per cent to a total of 14,930 hectares.

"We have now tripled the size of Forester since the initial acquisition last February, providing us with a district-scale position in the Musselwhite gold camp. Meanwhile, we continue to await final results from our Laird Lake project in Red Lake, which we expect to have very soon," said Koby Kushner, chief executive officer of Athena.

The newly staked ground covers an additional 6,088 hectares of dominantly volcanic rocks within the North Caribou Lake greenstone belt and significantly strengthens Athena's strategic position along strike of Equinox Gold's Musselwhite mine, also hosted within this belt.

The expanded land package enhances coverage of prospective volcanic sequences and structural corridors that share similar geological architecture as Musselwhite, including banded iron formation horizons and shear zones known to control high-grade gold mineralization in the district. By consolidating a larger contiguous package fewer than 30 kilometres southeast of the mine, Athena is better positioned to systematically evaluate both BIF-hosted high-grade targets and bulk-tonnage orogenic gold potential across an expanded, underexplored portion of this proven gold-bearing belt.

Qualified person statement

The technical information presented in this news release has been reviewed and approved by Benjamin Kuzmich, PGeo, vice-president of exploration for Athena, the qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects). Readers are cautioned that historical records referred to in this press release have been examined but not verified by a qualified person.

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 more than 7,000 hectares along more than 10 km 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 km west of West Red Lake Gold's Madsen mine and 34 km northwest of Kinross Gold's Great Bear project. Also in Northwestern Ontario is Athena's Forester project, a 14,930-hectare land package located fewer than 30 km southeast of Equinox Gold'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, Athena's 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 more than 2,500 hectares and includes at least three historic mines.

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