Athena Resources Limited announced the preliminary assay results from the Moonborough Intrusion. Study works include lithological logging, cross-sectional interpretation, thin section petrology and XRD scanning and assay results. Highly encouraging copper and PGE results include the following: AHRC0100: 6m @ 0.32% Cu from 19m, including 1m @ 0.57% Cu, 191ppb Pd, 30ppb Pt from 22m and 3m @ 0.230g/t Au from 21m including 1m @ 0.317g/t Au from 23m.

Within a broad zone of 96m @ 708.4ppm Cu from 0m, including 33m @ 0.157% Cu from 0m 40m @ 105ppb 3PGE (Au, Pt, Pd) from 0m. AHRC0101: 1m @ 0.39% Cu from 58m, including 0.5m @ 0.62% Cu, 0.28g/t Au, 150 ppb Pd, 50ppb Pt from 58.5m in AHRC0101, within a broad zone of 35m @ 555.9ppm Cu from 46m, including 9m @ 0.111% Cu from 55m 71m @ 62ppb 3PGE (Pd, Pt, Au) from 10m Including 20m @ 111.5ppb 3PGE (Pd, Pt, Au) from 55m. AHRC0106: 18m @ 487.95 ppm Cu from 0m 36m @ 61.36 ppb 3PGE (Pd, Pt, Au) from 0m Including 14m @ 95ppb 3PGE (Pd, Pt, Au) from 0m.

The northern gabbro within the Moonborough Intrusion is more extensive than previously mapped. It thickens, plunges and is open to the northwest. Xray Diffraction analysis, (XRD), was completed on a small sample of drill cuttings from Moonborough.

XRD results imply the gabbro assemblage contains two phases, a non- mineralized calcic amphibole phase and a mineralised pyroxene gabbro phase. It is interpreted as a result of a series of magma pulses differentiated by variable geochemistry from a deep magma source, similar to the emplacement of economic layered intrusions in similar tectonic environments. Thin section petrology has confirmed that the disseminated ores within the mineralized pyroxene lens comprise of bornite (Cu), chalcopyrite (Cu), and ilmenite (Ti).

The northern gabbro within the Moonborough Intrusion is more extensive than previously mapped. The gabbro unit may extend as far as 5 kilometres', it thickens, plunges and is open to the northwest. The broad geochemistry identified from drilling is highly prospective.

Preliminary logging indicates development of the intrusive included a pulse forming a pyroxene lens within the amphibole gabbro body. Area 5 Target (Moonborough): Three holes were drilled at Area 5 during the October 2021 campaign, AHRC0100, AHRC0101 and AHRC0106. The holes targeting a weak gravity anomaly coincident with a moderate magnetic signature.

The three holes followed up historic holes AHRC0021 and AHRC0022 drilled in 2010, targeting the origin of a copper carbonate occurrence within the outcropping gabbro unit at Moonborough.