Athena Resources Ltd. (AHN)

Overview

Athena Resources Limited is a mining company situated in Perth, Australia, dedicated to the exploration of minerals across the Australian continent. Incorporated in 2005, the company has set its sights on discovering valuable mineral deposits, including iron ore, copper, nickel, platinum group elements, and chromite. Athena Resources stands out in the mining sector by holding a 100% interest in the Byro project, which encompasses an extensive area through its five exploration licenses and two mining licenses. This strategic asset positions Athena Resources as a notable player in the mineral exploration field in Australia, leveraging both its substantial license holdings and its specialized focus on critical and valuable minerals.

Products and Services

• Iron Ore Exploration

  Athena Resources Limited is actively involved in the exploration of iron ore, a crucial component in the global steel manufacturing industry. Their exploration activities are designed to identify and delineate high-grade iron ore deposits to support Australia's prominent position in the global iron ore market.

• Anomalous Copper and Nickel Exploration

  The company extends its exploration efforts to include anomalous deposits of copper and nickel. Copper is essential in electrical wiring and plumbing, whereas nickel is vital for stainless steel and battery manufacturing. Athena’s initiatives in exploring these metals aim to tap into the growing demand fueled by technological advancements and sustainable energy solutions.

• Platinum Group Element Exploration

  Exploration for platinum group elements (PGE) is another area of expertise for Athena Resources. These elements are rare and have critical applications in catalytic converters, electronics, and jewelry. The company’s exploration activities seek to uncover new sources of these valuable materials.

• Chromite Deposits Exploration

  Athena Resources is also invested in locating and assessing chromite deposits. Chromite is a key ingredient in the production of stainless steel and an essential element in the manufacture of green technologies. By exploring for chromite, Athena Resources aims to contribute to the supply chain of materials vital for sustainable and technological advancements.

• The Byro Project

  Central to Athena Resources’ operations is the Byro project, which consists of five exploration licenses and two mining licenses. This project is the cornerstone of the company’s exploration and potential future mining activities, representing a comprehensive approach to securing and developing mineral resources in Australia.