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ATHA.CN · Company Website ·

Athena Gold Awarded $200,000 Grant from Ontario Government

Drill Results Corporate Updates

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White Rock, BC — Newsfile Corp. — April 13, 2026 — Athena Gold Corporation (CSE: ATHA) (OTCQB: AHNRD) (“Athena” or the “Company”) is pleased to announce it has been awarded CAD $200,000 in non-dilutive grant funding from the Ontario government through the Ontario Junior Exploration Program (OJEP). Administered by the Ontario Ministry of Mines, the OJEP grant provides financial assistance to junior exploration companies to offset costs associated with grassroots mineral exploration.

“We send our gratitude to the Ontario Ministry of Energy and Mines for their ongoing commitment to supporting junior explorers like Athena,” said Koby Kushner, CEO of Athena. “This non-dilutive funding will be used to help finance our maiden drill program at our Laird Lake project, where we are aiming to make the next great discovery in the historic Red Lake Gold Camp through our recently launched maiden drill program.”

“Ontario is leading the charge to secure the minerals that will power our economy and strengthen our sovereignty,” said Stephen Lecce, Minister of Energy and Mines. “Through OJEP, we’re backing companies like Athena to advance promising projects here at home—unlocking resources, creating jobs, and building a more self-reliant and secure Canadian economy.”

About OJEP

The Ontario Junior Exploration Program (OJEP) is an initiative of the Ontario government that helps attract investment in early exploration and supports the search for new mineral discoveries in Ontario. OJEP supports junior exploration companies by providing funding for eligible exploration activities.

About Athena Gold Corporation

Athena Gold Corporation is a mineral exploration company focused on the discovery and development of precious metal deposits in North America. The Company’s flagship projects include the Excelsior Springs Project in Nevada and the Laird Lake Project in the Red Lake Gold District of Ontario.

Cautionary Statement Regarding Forward-Looking Information

This press release contains forward-looking statements within the meaning of applicable Canadian and U.S. securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Although the Company believes such statements are reasonable, it cannot guarantee that expectations will prove correct.

Forward-looking statements are typically identified by words such as “believes”, “will”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, or similar expressions. These statements involve risks and uncertainties, and actual results may differ materially from those expressed or implied.

The Company cautions investors not to place undue reliance on forward-looking statements and undertakes no obligation to update them, except as required by law.

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.

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