Athena Gold Corporation

Athena Gold Corporation is engaged in the acquisition and exploration of mineral resources. The company was incorporated in Delaware on December 23, 2003, and began its mining operations in 2010. On March 27, 2025, stockholders voted to re-domesticate the company from Delaware to the Province of British Columbia by merging into its British Columbia subsidiary, Nova Athena Gold Corp. The company's properties currently do not have any reserves. Athena Gold Corporation plans to conduct exploration programs on these properties to determine if they contain economic concentrations of precious and base metals suitable for mining. For the year ended December 31, 2025, total operating expenses were $1,316,313, resulting in a net operating loss of $(1,316,313). This compares to total operating expenses of $612,117 and a net operating loss of $(612,117) for 2024, and $783,592 and $(783,592) for 2023. The company reported a loss and comprehensive loss of $(135,214) for 2025, compared to $(636,518) for 2024, and $612,748 for 2023. As of December 31, 2025, total assets were $9,675,535, total liabilities were $1,371,969, and total equity was $8,303,566. Exploration, evaluation, and project expenses for the year ended December 31, 2025, totaled $574,136. These funds were used to complete fieldwork on the company's 100%-owned Laird Lake gold project. During 2025, Bayside Geoscience of Thunder Bay, Ontario, was engaged to execute a property-wide glacial till sampling survey, followed by a targeted prospecting and geological mapping program based on the till results. These programs aimed to identify and refine high-priority drill targets across the Laird Lake property. General and administrative expenses increased by approximately $317,000 for the year ended December 31, 2025.