Athena Resources Limited announced the completion of data interpretation and development of a 3D inversion model at Moonborough within the Company's 100% owned Byro Base Metal Project. All gravity survey data acquired was quality assessed and modelled by Southern Geoscience Consultants. Results from data interpretation and modelling suggest the near surface gravity anomaly at the Moonborough Intrusion extends to depth and unlikely related to surface regolith conditions as previously interpreted.

An untested central region of the Moonborough intrusion coincident with the gravity anomaly is also coincident with a VTEM anomaly. Planned drilling will test this area once heritage survey and Native Title clearance is complete.