Announcement Date: 2022-03-09
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Athena Resources Ltd.
Project name: Byro
Location: Australia
Commodities: Graphite
Highlight: Drilling results incl. 3m @ 4.83% from 102m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Further to the completion of the base metal drilling announcement on 19 October 2021, Athena Resources Limited (“Company”) is pleased to announce the preliminary results from the Milly Milly Target Areas. Study works include lithological logging, cross-sectional interpretation, and assay results. Highlights and findings from these works include. Discovery of high-grade graphite seams from successful target drilling of an MLTEM conductor from hole AHRC0096 at Milly Milly within Area 2. Drilling has been completed in 3 targets Areas at the Milly Milly intrusion within tenement E09/1637, based on the coincidence of MLTEM conductors, gravity anomalies, aeromagnetic data and geochemical path finder elements. A Reverse Circulation drilling campaign was completed in October 2021 for a total of 7 holes and 1148m of drilling. The drilling included two holes drilled at Area 1, four holes drilled at Area 2 and one hole at Area 3 (Figure 1 & Table 1).
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