ATHENA GOLD Business Summary

Athena Gold Corp (AHNRF) is a junior mineral exploration company primarily engaged in the acquisition and advancement of precious and base metal properties across North America. The company operates as a pre-revenue exploration-stage entity, generating capital through equity financing, private placements, and strategic asset monetization rather than commercial production. Its business is segmented into high-priority exploration blocks, most notably the flagship Laird Lake and Oneman Lake projects in Ontario’s Red Lake District, and the Excelsior Springs project in Nevada’s Walker Lane Trend, the latter of which is currently under an earn-in option agreement with Mammoth Minerals Limited. Athena Gold competes in a crowded field of junior and mid-tier explorers including Seabridge Gold, West Red Lake Gold, and DynaResource; it distinguishes itself as a lean, discovery-focused micro-cap targeting high-grade, grassroots gold deposits in Tier-1 mining jurisdictions. The company’s leadership underwent a transformative shift in early 2025 following a strategic acquisition of assets from Libra Lithium. The executive team is led by President and CEO Koby Kushner, a P.Eng and CFA with a background in mining engineering and capital markets, and CFO Tyler Minnick, who oversees financial strategy and regulatory compliance. Technical operations are directed by Benjamin Kuzmich, Vice President of Exploration, and Andrew Jedemann, Exploration Manager, both of whom bring extensive geological expertise in Canadian greenstone belts. The board is anchored by Chairman David Goodman, a veteran portfolio manager and former CEO of Dundee Corporation, and Director John Power, the company’s former CEO and a key figure in its foundational Nevada acquisitions. Notable institutional interest is driven by the company's close ties to Libra Lithium Corp, which remains a significant stakeholder following the 2024 asset merger.