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Athena Resources Limited (ASX:AHN)

ALERT: Price-sensitive ASX Announcement for AHN
Current share price for AHN : $0.004 0 (0%)+
Announcement
Release
29 Jun 2026 8:42AM
Price at Release
$0.004
Full Release
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Summary
Athena Resources Limited, trading as ASX: AHN, has announced the commencement of a drilling program at its Narryer Project within the Byro Magnetite Project in Western Australia. The exploration aims to define a maiden Mineral Resource Estimate by extending known magnetite mineralization, involving approximately 35 drill holes totaling approximately 2,900 meters, employing both diamond and reverse circulation (RC) drilling. Preparation included magnetic modeling, mapping, geochemical sampling, and reviewing previous work, supporting a fast-tracked premium magnetite development. The project, part of a strategic joint venture with Terra Mining and Fenix Resources, sits within reach of infrastructure and aims to enhance geological understanding, structural analysis, and metallurgical testwork, with results expected to support future resource estimation and potential mine development.
Key Points
  • Drilling commenced at the Narryer Project, part of the Byro Magnetite Project.
  • Approximately 35 drill holes planned, totaling around 2,900 meters.
  • Program includes both reverse circulation and diamond drilling.
  • Preparation involved magnetic modeling, mapping, and geochemical sampling.
  • Strategic joint venture with Terra Mining and Fenix Resources.
  • The project is located on Mt Narryer Pastoral Station, close to Geraldton Port.
  • Aim to support a maiden Mineral Resource Estimate and future mine development.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.