Diligence memo · auto-generated · as of July 2, 2026

Athena Gold Corp

Athena Gold Corp looks fair against its niche peers and is active on financing cadence.

Diligence furtherNo decisive signal either way from the public record alone — the call needs primary diligence beyond the filings.

Businessfiled

Athena Gold Corp operates in Mining & Resources, based in WHITE ROCK.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Athena Gold Corp has raised $4.2M in disclosed capital across 9 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).

Largest single filing: $800K on 2023-04-14.

Most recent recorded round closed around 2025-11-19.

Valuation (modeled)modeled

Provath models Athena Gold Corp at approximately $843K (range $291K–$1.9M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.37× the median modeled value of Pre-Seed Mining & Resources companies in 2025–2027 (85 peers) — value vs value, same stage and era. Within the normal band (137% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 17 months.

Last raise 7 mo ago; this sector typically re-raises about every 11 months.

Raising on or ahead of the sector's normal rhythm.

The last round stepped up 1.1× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 66% of Mining & Resources peers (701 compared).

Modeled value ranks above 28% of those peers.

Closest niche peers: Silver Creek Investors, LLC /WI/, Viridian Metals Inc., Gold Candle Ltd., Argenta Silver Corp., Relevant Gold Corp..

Peoplefiled

11 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.