Phenom Commences Drilling on Crescent Valley Gold Project, Nevada
Phenom Resources has initiated drilling operations at its Crescent Valley Gold Project, located 22 km southwest of Carlin, Nevada. The project represents a high-grade, bonanza-vein gold prospect within the Northern Nevada Rift near the Carlin Gold Trend. According to Director Dave Mathewson, the project contains Nevada's largest known quartz vein system and shares similarities with the SLEEPER deposit, which was operated by AMAX Gold from 1986-1996 as the world's lowest-cost gold producer at $103/oz. The site features multi-event, silica-healed hydrothermal breccias with characteristics typical of above-boiling zones of hydrothermal fluids.
Phenom Resources ha avviato operazioni di perforazione presso il suo Crescent Valley Gold Project, situato a 22 km a sud-ovest di Carlin, Nevada. Il progetto rappresenta un'importante prospettiva di oro ad alta legge, con vene bonanza all'interno della Northern Nevada Rift, vicino al Carlin Gold Trend. Secondo il direttore Dave Mathewson, il progetto contiene il più grande sistema di vene di quarzo conosciuto del Nevada e presenta somiglianze con il deposito SLEEPER, che è stato gestito da AMAX Gold dal 1986 al 1996 come il produttore di oro a più basso costo al mondo a $103/oz. Il sito presenta brecce idrotermali guarite da silice in molteplici eventi, con caratteristiche tipiche delle zone sopra ebollizione dei fluidi idrotermali.
Phenom Resources ha iniciado operaciones de perforación en su Crescent Valley Gold Project, ubicado a 22 km al suroeste de Carlin, Nevada. El proyecto representa una alta ley de oro, con vetas bonanza dentro de la Northern Nevada Rift, cerca de la Carlin Gold Trend. Según el director Dave Mathewson, el proyecto contiene el sistema de vetas de cuarzo conocido más grande de Nevada y presenta similitudes con el depósito SLEEPER, que fue operado por AMAX Gold de 1986 a 1996 como el productor de oro de más bajo costo del mundo a $103/onza. El sitio presenta brechas hidrotermales sanadas por sílice con características típicas de zonas por encima del ebullición de los fluidos hidrotermales.
Phenom Resources는 네바다주 칼린의 남서쪽 22km에 위치한 Crescent Valley Gold Project에서 채굴 작업을 시작했습니다. 이 프로젝트는 Northern Nevada Rift 내의 칼린 금 트렌드 근처에서 고품질의 보난자 광맥 금 prospect를 나타냅니다. 이사 데이브 매튜슨에 따르면, 이 프로젝트는 네바다에서 알려진 가장 큰 석영 광맥 시스템을 포함하고 있으며, 1986년부터 1996년까지 세계에서 가장 저렴한 금 생산자인 AMAX Gold가 운영한 SLEEPER 매장지와 유사점을 공유합니다. 이 장소는 수많은 사건의 실리카 치유 열수 브레치아를 특징으로 하며, 열수의 끓는 위의 구역에서 전형적인 특성을 보입니다.
Phenom Resources a lancé des opérations de forage sur son Crescent Valley Gold Project, situé à 22 km au sud-ouest de Carlin, au Nevada. Le projet représente une prospective aurifère de haute teneur, avec des veines de bonanza, à l'intérieur de la Northern Nevada Rift, près de la Carlin Gold Trend. Selon le directeur Dave Mathewson, le projet contient le plus grand système de veines de quartz connu du Nevada et présente des similitudes avec le gisement SLEEPER, qui a été exploité par AMAX Gold de 1986 à 1996 en tant que producteur d'or au coût le plus bas au monde à 103 $/oz. Le site présente des brèches hydrothermales guéries par silice ayant des caractéristiques typiques des zones supérieures à l'ébullition des fluides hydrothermaux.
Phenom Resources hat mit den Bohrarbeiten an seinem Crescent Valley Gold Project begonnen, das 22 km südwestlich von Carlin, Nevada, liegt. Das Projekt stellt ein hochgradiges Goldvorkommen mit Bonanzavenen innerhalb des Northern Nevada Rift in der Nähe des Carlin Gold Trend dar. Laut Direktor Dave Mathewson enthält das Projekt das größte bekannte Quarz vein-System in Nevada und weist Ähnlichkeiten mit dem SLEEPER-Vorkommen auf, das von AMAX Gold von 1986 bis 1996 als weltweit günstigster Goldproduzent mit 103 $/oz betrieben wurde. Das Gelände zeichnet sich durch multi-event silikahaltige hydrothermale Brekzien aus, die typische Eigenschaften von überkochenden Zonen hydrothermaler Flüssigkeiten aufweisen.
- Strategic location near the Carlin Gold Trend in Nevada
- Project contains largest quartz vein system in Nevada
- Similar geological setting to successful SLEEPER deposit
- None.
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2024) - Phenom Resources Corp. (TSXV: PHNM) (OTCQX: PHNMF) (FSE: 1PY0) ("Phenom" or the "Company") is pleased to announce that drilling has commenced on the Company's Crescent Valley Gold Project, 22 km (13 miles) southwest of Carlin, Nevada. The Crescent Valley Gold Project represents a high-grade, bonanza-vein gold prospect strategically located within the Northern Nevada Rift flanking the southwest fringe of the Carlin Gold Trend in Northern Nevada.
Dave Mathewson, Director and Geological Advisor to the Company states, "The Crescent Valley Project represents the core portion of the largest quartz vein system in Nevada that I am aware of. The project has a setting remarkably similar to that of the SLEEPER deposit located in Humboldt County, Nevada. The SLEEPER Mine was a high-grade gold mine operated by AMAX Gold from 1986-1996 and was considered the lowest cost gold producer in the world in 1988 at
The range-front/margin vein system is a zone of multi-event, silica-healed, hydrothermal breccias. Portions of the veins display minor repetitive banding, coarsely-bladed calcite, and quartz pseudomorphs of the calcite, within larger zones of phreatic-type brecciation that typically represent above-boiling zones of hydrothermal fluids and also above the prospective deposition levels of gold.
About Phenom Resources Corp.
Phenom has
ON BEHALF OF PHENOM RESOURCES CORP.
per: "Paul Cowley"
CEO & President
(604) 340-7711
pcowley@phenomresources.com www.phenomresources.com
Technical disclosure in this news release has been reviewed and approved by Dave Mathewson, a Qualified Person as defined by National Instrument 43-101, director and Geological Consultant of the Company.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking information
Certain statements in this news release constitute "forward-looking" statements. These statements relate to future events or the Company's future performance. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results, and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227534
FAQ
Where is Phenom Resources' (PHNMF) Crescent Valley Gold Project located?
What are the geological similarities between PHNMF's Crescent Valley project and the SLEEPER deposit?
What type of mineralization is present at Phenom Resources' (PHNMF) Crescent Valley Project?
