Details for AHN
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Code: |
AHN |
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Name: |
ATHENA RESOURCES |
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Issued Share: |
65,600,974 |
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Dividend per Share: |
0 |
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Price Close: |
9.00 |
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Date: |
2010-09-08 |
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Market Cap: |
5,904,088 |
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Earnings Yield: |
0.00 |
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Year High: |
12.00 |
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Year Low: |
3.20 |
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Sector: |
MATERIALS |
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Divident Yield: |
0.00 |
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EPS: |
-0.62 |
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PE: |
0.00 |
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Beta: |
-0.5024 |
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NTA: |
0 |
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Debt/Equity: |
0.2 |
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Other Details on |
Yahoo
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Resource Updates / Drilling Reports
2009-09-01: Athena Resources announced that it has completed a short first pass RC drilling program to test a series of geological and geophysical targets at Kooline lead field. The total program consisted of thirteen holes for 1150m. Ten holes tested targets associated with the lead workings and three holes tested targets at Lewis gold prospect. Assay results from select samples are expected in the next few weeks. The company announced further that visual inspection of drill chips from the drilling of the lead targets suggest that the results will not meet Athena's grade and tonnage criteria for an economic lead sulphide resource in those areas tested.
2009-04-08: Athena Resources announced that previous drilling at the True Grit, Dook and Sunken Treasure prospects intersected high-grade gold mineralisation supporting the surface geochemistry recently announced. Significant intersection include: 3m @ 15.6g/t Au; 2m @ 13.9g/t Au; 2m @ 3.9g/t Au; and 5m @ 2.7g/t Au. Soil and rock geochemistry by previous explorers indicates that anomalous gold mineralisation at Collins Bore extends for at least 12km.
2008-11-18: Athena Resources announced the results of the ground geophysical survey completed at Kooline within the Ashburton Project. The company has employed a geophysical survey contractor to undertake Gradient Array IP surveys on an initial four grids targeting the previously defined and announced Lead, Copper, and Gold zones. The most significant result from the IP survey is the coincidence of historical workings aligning along the edge of the Gradient Array chargeability responses. It is a possibility that the historic mining and prospecting has occurred along the margins of the main zones of mineralisation. The coincident chargeability and resistivity anomalism suggests that the response is due to quartzhosted sulphides, similar to which is observed in the historic workings. This response also enables Athena to re-interpret and integrate the previously acquired airborne and ground electromagnetic datasets.
2008-05-20: Athena Resources announced it has received assays for new samples from the Moonborough Prospect, 2km north of Byro Station Homestead. These results confirm the tenor of the the Companys original assays. Results of 1.93% Cu, 0.53g/t Au, and 3.01g/t (3015 ppb) palladium are exceptional for rock samples for "greenfields exploration". Elevated copper-gold-PGM mineralisation was also obtained from a sample of outcropping gabbro collected 7km northeast of the Moonborough Prospect. This sample assayed 0.3% Cu, 140ppb Au, and 186 ppb palladium. The Company has completed initial geological mapping and a focussed soil sampling program around the encouraging rockchip sampling at the Moonborough prospect. The soil sampling assay results are pending.
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