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Phenom Extends Dobbin Gold System to 2.1+ Kilometres Long

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Phenom Resources Corp. (PHNMF) has announced significant extensions to its Dobbin Gold System, now reaching over 2.1 kilometers in length and 200 meters in width. Recent soil sampling and geological mapping have confirmed characteristics typical of a Carlin-type gold deposit.

The system features four sizeable arsenic-zinc zones, with robust gold values persisting for 1.3km along the trend. The anomaly is located within altered Roberts Mountains Formation, a known host for many Carlin-type deposits in Nevada. Decalcified and silicified float samples have yielded gold assays up to 1.29 g/t Au.

The gold zone appears to be controlled by high-angle northeast-southwest trending structures, with subparallel-oriented argillized intrusive dyke swarms present. The company is currently permitting a comprehensive trenching and drilling campaign to explore the anomalous zone.

Phenom Resources Corp. (PHNMF) ha annunciato significative estensioni al suo sistema gold Dobbin, ora estendendosi per oltre 2,1 chilometri di lunghezza e 200 metri di larghezza. Recenti campionamenti di suolo e mappature geologiche hanno confermato caratteristiche tipiche di un deposito d'oro di tipo Carlin.

Il sistema presenta quattro ampie zone di arsenico-zinco, con valori d'oro robusti che persistono per 1,3 km lungo tendenza. L'anomalia si trova all'interno della Formazione Roberts Mountains alterata, un noto ospite per molti depositi di tipo Carlin in Nevada. I campioni galleggianti decalcificati e silicificati hanno fornito analisi d'oro fino a 1,29 g/t Au.

La zona d'oro sembra essere controllata da strutture inclinati ad alta angolazione in direzione nord-est-sud-ovest, con sciami di dykes intrusivi argillizzati orientati subparalleli presenti. L'azienda sta attualmente ottenendo permessi per una campagna di scavo e perforazione completa per esplorare la zona anomala.

Phenom Resources Corp. (PHNMF) ha anunciado extensiones significativas a su Sistema de Oro Dobbin, que ahora se extiende por más de 2.1 kilómetros de longitud y 200 metros de ancho. Recientes muestreos de suelo y mapeos geológicos han confirmado características típicas de un depósito de oro de tipo Carlin.

El sistema presenta cuatro grandes zonas de arsénico-zinc, con valores de oro robustos que persisten por 1.3 km a lo largo de la tendencia. La anomalía se encuentra dentro de la Formación Roberts Mountains alterada, un conocido hospedador para muchos depósitos de tipo Carlin en Nevada. Las muestras flotantes descalcificadas y siliconadas han arrojado ensayos de oro de hasta 1.29 g/t Au.

La zona de oro parece estar controlada por estructuras de alta inclinación en dirección noreste-suroeste, con enjambres de diques intrusivos argilizados orientados subparalelamente presentes. La empresa está actualmente obteniendo permisos para una campaña integral de zanjas y perforaciones para explorar la zona anómala.

Phenom Resources Corp. (PHNMF)는 지금까지 2.1킬로미터의 길이와 200미터의 폭에 달하는 Dobbin 금 시스템에 대한 중요한 확장을 발표했습니다. 최근의 토양 샘플링과 지질 지도 제작에 따르면 카를린 타입의 금 매장지에서 일반적으로 나타나는 특성이 확인되었습니다.

이 시스템은 1.3km를 따라 지속되는 강력한 금값을 가진 네 개의 상당한 비소-아연 구역을 특징으로 합니다. 이 이상 현상은 네바다에서 많은 카를린 타입의 매장지를 알려주는 변형된 로버츠 마운틴 포메이션 안에 위치하고 있습니다. 탈칼슘화 및 실리카화된 부유 샘플에서 1.29 g/t Au까지의 금 분석 결과가 나왔습니다.

금 구역은 북동-남서 방향으로 기울어진 구조에 의해 제어되는 것으로 보이며, 평행한 방향으로 정렬된 점토화된 침입 다이크 무리가 존재합니다. 회사는 이 이상 지역을 탐사하기 위해 포괄적인 도랑 및 시추 캠페인을 허가 받고 있습니다.

Phenom Resources Corp. (PHNMF) a annoncé d'importantes extensions à son Système de Doré Dobbin, atteignant désormais plus de 2,1 kilomètres de longueur et 200 mètres de largeur. Des échantillons de sol récents et une cartographie géologique ont confirmé des caractéristiques typiques d'un dépôt d'or de type Carlin.

Le système présente quatre grandes zones d'arsenic-zinc, avec des valeurs d'or robustes se prolongeant sur 1,3 km le long de la tendance. L'anomalie est située dans une Formation des Montagnes Roberts altérée, un hôte connu pour de nombreux dépôts de type Carlin dans le Nevada. Des échantillons flottants décalcifiés et silicifiés ont donné des analyses d'or allant jusqu'à 1,29 g/t Au.

La zone d'or semble être contrôlée par des structures à forte inclinaison orientées nord-est-sud-ouest, avec des essaims de dyke intrusifs argileux orientés subparallèlement présents. L'entreprise est actuellement en train d'obtenir les permis pour une campagne complète de tranchées et de forage afin d'explorer la zone anormale.

Phenom Resources Corp. (PHNMF) hat bedeutende Erweiterungen ihres Dobbin-Goldsystems angekündigt, das nun über 2,1 Kilometer in der Länge und 200 Meter in der Breite reicht. Jüngste Bodenprobenahmen und geologische Kartierungen haben typische Merkmale eines Carlin-Typ-Goldlagers bestätigt.

Das System weist vier große Arsen-Zink-Zonen auf, mit stabilen Goldwerten, die sich über 1,3 km entlang des Trends erstrecken. Die Anomalie befindet sich innerhalb der veränderten Roberts Mountains Formation, einem bekannten Wirt für viele Carlin-Typ-Deposits in Nevada. Entkalkte und silikatisierte Schwimmproben haben Goldanalysen von bis zu 1,29 g/t Au ergeben.

Die Goldzone scheint durch hochwinklige nordost-südwestlich verlaufende Strukturen kontrolliert zu werden, wobei subparallele, tonhaltige intrusive Dyke-Schwärme vorhanden sind. Das Unternehmen beantragt derzeit eine umfassende Ausgrabungs- und Bohrkampagne, um die anomale Zone zu erkunden.

Positive
  • Extension of gold system to 2.1km length and 200m width, indicating significant resource potential
  • Strong gold values in soil samples persisting for 1.3km along trend
  • Presence of four sizeable arsenic-zinc zones, typical indicators of Carlin-type deposits
  • Gold assays up to 1.29 g/t Au from surface samples
Negative
  • Project still in early exploration phase with no drilling completed
  • Requires permits for trenching and drilling campaign

Vancouver, British Columbia--(Newsfile Corp. - January 15, 2025) - Phenom Resources Corp. (TSXV: PHNM) (OTCQX: PHNMF) (FSE: 1PY0) ("Phenom" or the "Company") is pleased to announce that new soil sampling results, with previously reported soil results, and geologic mapping together have further defined a mineral system characteristic of a Carlin-type gold deposit. The system anomaly is now at least 2.1 kilometres long (1.3 miles) and 200 meters (660 feet) or more, wide.

Dave Mathewson, Company director and Geological advisor states, "This is a sizable significant Carlin-style gold system that has potential of multiple associated gold deposits and in my view represents one of the best undrilled gold prospects in Nevada, if not the best."

The recently completed soil sampling program focused on a 600m x 200m (1980 ft x 660 ft) area with the objective of extending the length of gold system to the southwest from previous sampling. The new soil and mapping results successfully demonstrated continuity of the gold system for an impressive +2.1 km long and the "strength and quality of system" by virtue of the strength of values and persistent distribution of gold and associated pathfinder elements. Highlights of the entire system to date follow.

Arsenic and zinc are the strongest continuous pathfinder elements along the entire 2.1km trend as seen in Figures 1 and 2, accompanied by more localized anomalous values of mercury, antimony and thallium. This assemblage of gold with pathfinder elements is indicative of Carlin gold systems. Within and along the 2.1km trend are four sizeable higher concentrated arsenic-zinc zones or plumes. It is important to note that arsenic is the single most important associated pathfinder to gold in prolific Carlin-type gold systems.

Robust gold values in soils persist for 1.3km along the trend suggesting strong gold-bearing parts of the system are at surface in this area (see Figure 3). Further to the southwest for 800m, gold is still present in lower but important values as two linears, expressing leakage from below and along the outer edges of the 200m wide system. Elevated arsenic-zinc zones usually form a wider halo around gold cores, which in this segment of the system suggests stronger gold mineralization to be present at depth. Phenom plans additional mapping and rock chip sampling to further refine the structural and stratigraphic setting.

Our geological and structural understanding of the system has also been improved significantly over the months of detailed surface mapping and prospecting. The anomaly and gold system is within and associated with altered lower to middle Roberts Mountains Formation, important hosts for many Carlin-type gold deposits in central and northern Nevada. Typical Carlin-type alteration assemblages such as jasperoid and decalcification are present. Decalcified and silicified float has returned gold assays up to 1.29 g/t Au. The anomalous gold zone is likely controlled by high-angle northeast-southwest trending structures cutting folded to gently dipping Roberts Mountains Formation carbonates. Subparallel-oriented argillized intrusive dyke swarms are present from subcroppings and from chromium anomalies in soil within and along the northeast trending system. Dykes are commonly important ore controls in Carlin-type systems.

Dave Mathewson, continues, "There are further commentaries for readers to appreciate the magnitude of the Dobbin opportunity. What has been described and seen with these figures and results is very substantial, yet only the two-dimensional look at a big system. The 3rd dimensional context adds real insight and potential size. Multiple favourable stratigraphic host rocks are present at surface and at depth on the property such as the middle and lower Roberts Mountains Formation (more than 200m (660') thick in this area) and Antelope Formation (known to be up to 418m (1373') thick in the Monitor Range and a major host in the Eureka Mining District to the north). Where the subvertical feeder structures feed this gold system and cut these specific rock formations, gold can be deposited as multiple brecciated and stacked mineralized zones at various depths, somewhat reminiscent of tree branches off a tree truck. And since the stratigraphy on the property is shallow dipping, gold tends to spread outward flanking from the structure along the favourable shallow dipping stratigraphy. In additional, all Carlin-type gold deposits have high-grade cores that can have dramatic positive economic impacts. This gold system would be no exception. A cross-sectional gold target model showing these potential sizable depth opportunities will be available on the Company website."

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Figure 1: Dobbin Arsenic Soil Anomaly defined by 25m x 25m detailed soil grid sampling

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Figure 2: Dobbin Zinc Soil Anomaly defined by 25m x 25m detailed soil grid sampling

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Figure 3: Dobbin Gold Soil Anomaly defined by 25m x 25m detailed soil grid sampling

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Phenom is permitting a comprehensive trenching and drilling campaign to explore the anomalous zone.

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, Director and Geological Consultant of the Company and a Qualified Person as defined by National Instrument 43-101.

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.

Cautionary Statement Regarding Forward-Looking Information

This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operations and activities of Phenom, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this news release relate to, among other things, the Company's exploration plans, including ongoing mapping and sampling, future assay results and the impact thereof. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Phenom, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Phenom does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237297

FAQ

What is the new size of Phenom Resources' (PHNMF) Dobbin Gold System?

The Dobbin Gold System now extends to 2.1 kilometers in length and 200 meters in width, based on recent soil sampling results and geological mapping.

What type of gold deposit is Phenom Resources (PHNMF) exploring at Dobbin?

Phenom Resources is exploring a Carlin-type gold deposit, characterized by typical pathfinder elements including arsenic and zinc, within the Roberts Mountains Formation.

What are the highest gold values found at PHNMF's Dobbin project?

Surface sampling at the Dobbin project has yielded gold assays up to 1.29 g/t Au from decalcified and silicified float samples.

What are the next steps for Phenom Resources (PHNMF) at the Dobbin Gold System?

Phenom Resources is currently permitting a comprehensive trenching and drilling campaign to explore the anomalous zone.

PHENOM RESOURCES CORP

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