공지 • Jan 14
Phenom Resources Corp. Discovers Rare Earth and Critical Metals Deposit At Crescent Valley, Nevada
Phenom Resources Corp. announced that it has discovered a significant Rare Earth Element (REE) and Critical Metals deposit on its Crescent Valley Property, about 22 km (13 miles) southwest of Carlin, Nevada. Mineralized drill intercepts start from surface. Principal metals of value include Rubidium, Hafnium, Scandium and Neodymium with lesser amounts of Dysprosium, Praseodymium, Cerium, Europium, Niobium, Strontium, Terbium and Yittrium, all on the US Geological Survey critical metals list considered vital to the U.S. economy and national security that face potential risks from disrupted supply chains. The new deposit is an Iron Oxide Copper Gold (IOCG) deposit-type, a magnetite-tourmaline-pyrrhotite-pyrite breccia body with appreciable REE and Critical Metals content. Drill holes CVN24-02 (drilling in 2024) and CVN25-04 (drilling in October 2025), and a 75-metre-long continuous surface chip sample completed in summer 2025, all located at the north part of the breccia body, have returned near surface similar and reproducible elevated values in these metals over an area of 100 metres (330') wide by 150 metres (500') long. The repeatable elevated values have given the confidence to declare this a Critical Metals deposit discovery and to extrapolate on the potential opportunity. Although early in its evaluation, the deposit is presumed to have dimensions in the order of 600 metres (1970 feet) wide (east-west), at least 200 metres (650 feet) thick (vertically) and at least 1 kilometre (3280 feet) long (north-south) based on the Company's 2024 IP geophysical program completed by Zonge International Inc. and guided and interpreted by Jim Wright of Wright Geophysics. The IP program identified a continuous high chargeability anomaly coincide with and expressed as a near surface flat and long body which has now been ground-truthed by the two RC drill holes and surface chip sampling. A ground magnetic survey performed by Zonge 2012, was also used by Dave Mathewson to help guide the placement of two drill hole. Scandium metal, selling for USD 3,211.56 per kilogram, is used to strengthen metal alloys, in fuel cells and in high-intensity lighting. Neodymium metal, selling for USD149.30 per kilogram, is used in permanent magnets, in medical and industrial lasers, and in the production of rubber. Lesser amounts of Dysprosium (used in permanent magnets, batteries, aerospace metal alloys, ceramics, and colorants) are also present, as well as other important and strategic REE elements. A substantial part of the breccia Body is exposed or in subcrop at surface. Because of its shape and position near surface, this may become a simpler, shallow target evaluation with 300-400' deep vertical holes, although a pipe root is likely to be deeper. The Company is arranging to resume drilling before the end of January with a fully financed Phase 2 minimum ten-hole drill program. The drilling programs were field supervised by Paul Cowley and Dave Mathewson, both QPs for the Company. Drilling was done by Envirotechilling LLC with 5-foot-long sample lengths. Easting (m), Northing (m), Northing (M), Azimuth, Dip, Length (m), Length (ft), Hole CVN24-02, 563755, 4485756, 0, -90, 99.06, 325, 325, Hole CVN25-04, 563695, 4485902, -65, 294.13, 965, 75m horizontal chip (west end), 563681, 4485911, 0, 75, 246. The Crescent Valley Property also hosts a significant Bonanza-type gold opportunity. The Crescent Valley Property also host a significant Bonanza-type Gold (IOCG) gold opportunity.