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Phenom Reports First Gold Assays from Bedrock Sampling from the Dobbin Gold Soil Anomaly

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Phenom Resources (OTCQX: PHNMF) has reported its first gold assays from chip sampling of mineralized bedrock at the Dobbin Gold Project. The sampling was conducted across a +2.1 km long and 200m wide gold soil anomaly. The company hand-dug seven shallow trenches, with results available from three trenches showing consistent gold mineralization characteristic of a Carlin gold system.

Key findings include gold values averaging 0.545 g/t Au across 16 metres in one trench, high-grade samples of 10.35 g/t Au and 2.11 g/t Au over consecutive 2-metre intervals in another trench, and consistent values averaging 0.274 g/t Au across 24 metres in the third trench. The soil cover was found to be very thin, typically only 0.5-0.75 metres thick, and the trenches are well distributed along a 550-metre length of the gold soil anomaly.

Phenom Resources (OTCQX: PHNMF) ha riportato i primi risultati delle analisi dell'oro ottenute da campionamenti a chip di roccia mineralizzata presso il progetto aurifero Dobbin. Il campionamento è stato effettuato lungo una anomalia di oro nel suolo lunga oltre 2,1 km e larga 200 m. L'azienda ha scavato manualmente sette trincee poco profonde, con risultati disponibili per tre trincee che mostrano una mineralizzazione aurifera costante, tipica di un sistema aurifero Carlin.

I risultati principali includono valori medi di oro di 0,545 g/t Au su 16 metri in una trincea, campioni ad alto tenore di 10,35 g/t Au e 2,11 g/t Au su intervalli consecutivi di 2 metri in un'altra trincea, e valori costanti con una media di 0,274 g/t Au su 24 metri nella terza trincea. La copertura del suolo è risultata molto sottile, generalmente solo 0,5-0,75 metri di spessore, e le trincee sono distribuite lungo una lunghezza di 550 metri dell'anomalia aurifera nel suolo.

Phenom Resources (OTCQX: PHNMF) ha reportado sus primeros ensayos de oro obtenidos mediante muestreo por chip de roca mineralizada en el Proyecto de Oro Dobbin. El muestreo se realizó a lo largo de una anomalía de suelo con oro de más de 2.1 km de longitud y 200 m de ancho. La compañía excavó manualmente siete trincheras poco profundas, con resultados disponibles de tres trincheras que muestran una mineralización de oro consistente, característica de un sistema de oro Carlin.

Los hallazgos clave incluyen valores de oro que promedian 0.545 g/t Au a lo largo de 16 metros en una trinchera, muestras de alta ley de 10.35 g/t Au y 2.11 g/t Au en intervalos consecutivos de 2 metros en otra trinchera, y valores consistentes que promedian 0.274 g/t Au a lo largo de 24 metros en la tercera trinchera. La cubierta de suelo fue muy delgada, típicamente de solo 0.5-0.75 metros de espesor, y las trincheras están bien distribuidas a lo largo de 550 metros de la anomalía de suelo con oro.

Phenom Resources (OTCQX: PHNMF)는 Dobbin 금 프로젝트에서 광물화된 암반의 칩 샘플링을 통해 첫 금 분석 결과를 보고했습니다. 샘플링은 길이 2.1km 이상, 폭 200m인 금 토양 이상 지역 전역에서 수행되었습니다. 회사는 수작업으로 7개의 얕은 트렌치를 파냈으며, 그 중 3개 트렌치의 결과는 카를린 금 시스템 특유의 일관된 금 광화를 보여줍니다.

주요 결과로는 한 트렌치에서 16미터 구간 평균 0.545 g/t Au, 다른 트렌치에서는 연속된 2미터 구간에서 각각 10.35 g/t Au와 2.11 g/t Au의 고품위 샘플, 세 번째 트렌치에서는 24미터 구간 평균 0.274 g/t Au의 일관된 값이 포함됩니다. 토양 덮개는 매우 얇아 보통 0.5~0.75미터 두께에 불과하며, 트렌치들은 금 토양 이상 지역 550미터 구간에 고르게 분포되어 있습니다.

Phenom Resources (OTCQX: PHNMF) a annoncé ses premiers résultats d'analyses d'or issus d'échantillonnages par prélèvement de roche minéralisée au projet aurifère Dobbin. Les échantillonnages ont été réalisés sur une anomalie de sol aurifère de plus de 2,1 km de long et 200 m de large. La société a creusé manuellement sept tranchées peu profondes, avec des résultats disponibles pour trois tranchées montrant une minéralisation aurifère constante, caractéristique d'un système aurifère Carlin.

Les principales découvertes incluent des teneurs moyennes en or de 0,545 g/t Au sur 16 mètres dans une tranchée, des échantillons à haute teneur de 10,35 g/t Au et 2,11 g/t Au sur des intervalles consécutifs de 2 mètres dans une autre tranchée, et des valeurs constantes moyennes de 0,274 g/t Au sur 24 mètres dans la troisième tranchée. La couverture de sol a été trouvée très mince, généralement seulement de 0,5 à 0,75 mètre d'épaisseur, et les tranchées sont bien réparties sur une longueur de 550 mètres de l'anomalie aurifère du sol.

Phenom Resources (OTCQX: PHNMF) hat die ersten Goldanalysen aus Chip-Proben mineralisierten Gesteins am Dobbin Goldprojekt gemeldet. Die Probenahme erfolgte über eine mehr als 2,1 km lange und 200 m breite Goldbodenanomalie. Das Unternehmen grub von Hand sieben flache Gräben aus, von denen Ergebnisse aus drei Gräben vorliegen, die eine konsistente Goldmineralisierung zeigen, typisch für ein Carlin-Goldsystem.

Wichtige Ergebnisse umfassen durchschnittliche Goldwerte von 0,545 g/t Au über 16 Meter in einem Graben, hochgradige Proben von 10,35 g/t Au und 2,11 g/t Au über aufeinanderfolgende 2-Meter-Intervalle in einem anderen Graben sowie konsistente Werte mit einem Durchschnitt von 0,274 g/t Au über 24 Meter im dritten Graben. Die Bodenbedeckung wurde als sehr dünn festgestellt, typischerweise nur 0,5-0,75 Meter dick, und die Gräben sind entlang einer 550 Meter langen Strecke der Goldbodenanomalie gut verteilt.

Positive
  • Discovery of consistent gold values characteristic of a Carlin gold system
  • High-grade gold samples up to 10.35 g/t Au discovered in trenching
  • Very thin soil cover (0.5-0.75m) allows for easy access to bedrock
  • Mineralization remains open as trenches ended in gold mineralization
Negative
  • Still awaiting drill permits, causing delays in full exploration
  • Results from only 3 out of 7 trenches available so far
  • Limited sampling area compared to total anomaly size

Vancouver, British Columbia--(Newsfile Corp. - July 29, 2025) - Phenom Resources Corp. (TSXV: PHNM) (OTCQX: PHNMF) (FSE: 1PY0) ("Phenom" or the "Company") is pleased to report for the first time gold assays from chip sampling of mineralized bedrock within the +2.1 kilometres long (1.3 miles) and 200 meters (660 feet) wide gold soil anomaly on its Dobbin Gold Project. While diligently advancing the permitting process for the first phase drill program, the company felt compelled to conduct field work to locally expose bedrock and initially characterize grade and continuity for parts of the mineralized system, given the robust nature of the anomaly. Thus, in late June, the company hand-dug seven shallow trenches which successfully exposed bedrock and delivered characteristic gold grades and continuity of a Carlin gold system. Management is pleased to report that a great deal of data was obtained. Assay results are available from three of the seven trenches.

Key takeaways are:

1) Consistently strong gold values with local high-grade intervals, typical of a Carlin gold system

2) Consistently strong gold values averaging 0.545g/t Au (0.02 opt) across 16 metres from one trench

3) Two consecutive high-grade samples of 10.35 g/t Au (0.37 opt) and 2.11 g/t Au (0.07 opt), each 2 metres long from a second trench

4) Consistently strong gold values averaging 0.274 g/t Au (0.01 opt) across 24 metres from the third trench

5) Very thin soil cover over bedrock, typically only 0.5 - 0.75 metres (1.5 - 2.5 feet) thick

"This is the first glimpse into the character of mineralization (potential consistency and grade tenor) associated with the large gold soil anomaly with very encouraging results even with this small sampling of a large system," states Dave Mathewson, director and Geological Consultant to the Company.

Because the large soil anomaly is defined by samples taken on 25 metre spacing, the trench sampling provides a considerable elevation in confidence, relying on a series of continuous 2-metre-long individual bedrock chip samples below soil cover. The seven initial hand-dug trenches ranged in length from 13 metres to 26 metres and were oriented perpendicular to the trend of the soil anomaly and centered over selected elevated gold soil sample sites with the objective of reproducing gold values in bedrock and determining the degree of grade continuity between soil sample sites. The seven trenches are well distributed along a 550-metre length of the gold soil anomaly. The three trenches reported here are spaced along a 150-metre length of the anomaly. Individual chip sample lengths of 2-metres consistently returned anomalous gold values from sample to sample along the trenches.

Paul Cowley, President, CEO and director of the Company states, "While I genuinely appreciate our loyal shareholders patience while awaiting permitting to drill, the hand trenching is our best efforts in the meantime to gain hard data on the system and the results have been very informative. Further hand trenching is expected now we know the soil cover is so thin and gold values are appreciable."

Table of Trench Highlights

Trench IDLength (m)Length (ft)Averaged grade (g/t Au)Lowest Individual Sample (g/t Au)Highest Individual Sample (g/t Au)
DTR-052.06.5610.35

DTR-052.06.562.11

DTR-0616.059.060.5450.4480.628
DTR-0724.078.740.2740.2080.443

 

There are several noteworthy details with respect to these results. The NW end of trench DTR-05 ended with the two high-grade gold samples (4m @ 6.34 g/t) and the last sample at the SE end returned 2m of 0.412 g/t Au. Between these samples was a 20m section of 0.07 g/t Au.

Both ends of both trenches DTR-06 and DTR-07 ended in mineralization ranging from 0.208 to 0.598 g/t Au.

Results for the remaining four hand-dug trenches will be reported once available. The Company plans to extend the lengths of the first three trenches.

About Phenom Resources Corp.

Phenom has 100% interest in the Carlin Gold-Vanadium Project, located in Elko County, 6 miles south from the town of Carlin, Nevada and Highway I-80 which hosts the Carlin Vanadium deposit, North America's largest highest grade primary vanadium resource. The Project lies within the prolific Carlin Gold Trend. Approximately 9 million ounces comprised of multiple gold deposits, including past producing mines, are present near the Phenom property (5-15km). The Company has options on three additional gold projects in Nevada: the King Solomon and Dobbin Properties which are Carlin Gold-type targets and the Crescent Valley Property, a Bonanza-type high grade gold vein target.

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 Paul Cowley, a Qualified Person as defined by National Instrument 43-101, director, President and CEO to 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/260456

FAQ

What gold grades did Phenom Resources (PHNMF) report from its Dobbin Gold Project trenching?

Phenom reported gold grades including 0.545 g/t Au across 16 metres, high-grade samples of 10.35 g/t Au and 2.11 g/t Au over 2-metre intervals, and 0.274 g/t Au across 24 metres from three trenches.

How large is the gold soil anomaly at Phenom's Dobbin Gold Project?

The gold soil anomaly extends for 2.1 kilometers in length and is 200 meters wide.

What type of gold system has Phenom Resources identified at the Dobbin Project?

Phenom has identified characteristics typical of a Carlin-type gold system, showing consistently strong gold values with local high-grade intervals.

How many trenches did Phenom Resources dig and what are the results?

Phenom dug seven trenches in total, with results currently available from three trenches. The trenches are distributed along a 550-metre length of the gold soil anomaly.

What is the current status of drilling permits for Phenom's Dobbin Gold Project?

The company is currently advancing the permitting process for their first phase drill program, but permits have not yet been received.
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