Athena Resources Limited (AU:AHN) has released an update.
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Athena Resources Limited announced positive outcomes from its Scoping Study for the Byro Magnetite Project, indicating potential for high-grade, low impurity magnetite concentrate suitable for ‘Green Steel’ production. The company also reported corporate changes, including the appointment of a new Non-Executive Chairman and Director, and the issuance of $1 million in Convertible Notes to Fenix Resources Limited. No new shares or options were issued during the quarter.
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