intersects significant nickel at ravensthorpe

Athena intersects significant nickel at Ravensthorpe
12:16, Monday, July 02, 2007

Sydney - Monday - July 2: (RWE Australian Business News) -
Athena Resources Ltd (ASX code: AHN) today announced the initial reverse
circulation drilling program at its Ravensthorpe Project in WA had been
an "outstanding success".
As part of Athena's strategy to develop a nickel sulphide
deposit, results from two drillholes have significant disseminated
sulphide intersections.
The fourth drillhole (OF07RC004) of the five-hole program
intersected 30 metres of disseminated sulphides assaying 0.56% nickel
from 53 to 83 metres down-hole.
The intersection includes 8 metres at 0.74% nickel.
The results are in line with the intersections reported by
Nickel Search in the early 1970s.
Athena shares entered trading halt ahead of the announcement and
were to be reinstated this afternoon. Last sale was 60c.