Athena starts Talapoosa study

Junior Athena Gold (VSE) has retained an independent firm of engineering consultants to prepare a prefeasibility report on the Talapoosa gold-silver project in Nevada.

Athena now owns all of Talapoosa, following Pegasus Gold’s recent termination of an option to earn up to a 70% interest in the project. The study will incorporate the results of more than $6 million in exploration work, including the $2.5 million spent by Pegasus over the past two years. The mineral resource is estimated at 50.1 million tons grading 0.026 oz. gold and 0.35 oz. silver per ton using a 0.01-oz. cutoff.