Phenom Resumes Drilling at Crescent Valley Gold Project for Gold and Rare Earths

Core Insights - Phenom Resources Corp. has resumed drilling at the Crescent Valley Gold Project, located in Nevada, which is strategically positioned along the Carlin Gold Trend [1][2] - The project presents two significant discovery opportunities: low sulfidation bonanza-vein-type gold and an Iron oxide copper gold (IOCG) opportunity with rare earth metals [2][3] - The company conducted an extensive geophysical IP survey in 2023, identifying anomalies suggestive of structures and quartz veining at depth, with plans for multiple drill holes [2][3] Company Overview - Phenom Resources Corp. holds a 100% interest in the Carlin Gold-Vanadium Project, which is located in Elko County, Nevada, and contains North America's largest high-grade primary vanadium resource [4] - The company has options on three additional gold projects in Nevada, including the King Solomon and Dobbin Properties, which are Carlin Gold-type targets [5] Geological Insights - The Crescent Valley project features a large quartz vein system over 5-6 kilometers long, with individual quartz veins reaching up to 30 meters thick [2] - The IOCG setting at Crescent Valley shows extensive magnetite veining and elevated rare earth elements, including neodymium, praseodymium, terbium, and dysprosium, which are valuable for various high-tech applications [3]