Phenom Staffs Up with Talented Carlin-Type Gold Specialists

Rhea-AI Summary

Phenom Resources Corp (TSXV: PHNM) (OTCQX: PHNMF) has strengthened its geological team by engaging two senior Carlin-type gold specialists for its Dobbin and King Solomon Gold Projects in Nevada. The company has recruited Brion Theriault, a Certified Professional Geologist with over 30 years of experience, who previously worked with Newmont and AngloGold in major Carlin-type gold districts. Additionally, Dr. Mike Ressel, a field-oriented geologist with approximately 30 years of experience, joins the team bringing expertise from companies like Newmont and Kinross. Both specialists were handpicked by Dave Mathewson for their extensive experience in identifying and developing Carlin-type deposits.

Positive

• Addition of two highly experienced Carlin-type gold specialists to the team
• Both geologists have proven track records with major mining companies like Newmont and AngloGold
• The specialists have been involved in successful deposit discoveries and resource expansions

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - May 6, 2025) - Phenom Resources Corp. (TSXV: PHNM) (OTCQX: PHNMF) (FSE: 1PY0) ("Phenom" or the "Company") reports that it now has engaged two senior Carlin-gold specialists that will be dedicated to conduct and supervise field work on the Dobbin and King Solomon Gold Projects, two of the Company's strong Carlin-type gold targets.

Dave Mathewson states, "It is essential for success in Nevada particularly on the type of deposits we are targeting at Phenom to have highly trained, experienced, reliable and successful geologists with vast Carlin-type experience. We have handpicked two geologists who have worked with me in the past, who I have every confidence on identifying the field features both subtle and significant to advance these projects to drill stage."

Brion Theriault, M.S., Certified Professional Geologist, has over 30 years' experience in precious metals exploration, development and production. Mr. Theriault is a Nevada specialist, with expertise ranging from greenfield exploration to production geology, including surface and underground project management, geologic mapping, target generation, generative exploration, and property evaluations. Prior to becoming a consultant, he worked for Newmont and AngloGold in major Carlin-type gold districts in Nevada, including Carlin and Jerritt Canyon. Work for Newmont contributed to deposit discoveries on the Carlin and Battle Mountain-Eureka Trends as well as successful regional project generation. He has carried out exploration assignments for major, mid-tier and junior companies, including Teck, McEwen Mining, First Majestic Silver, Gold Standard Ventures and Comstock Mining, among others. These activities ranged throughout Nevada and beyond, encompassing Carlin-type gold projects as well as epithermal, porphyry/skarn, IOCG and orogenic systems. Carlin-type Nevada work focused on programs on the Battle Mountain-Eureka Trend, the Gold Bar district and successful deep-drilling exploration programs on the Carlin Trend.

Dr. Mike Ressel is primarily a field-oriented geologist with about 30 years of exploration, development, and mine geology experience including extensive work in Nevada for Carlin-type and epithermal deposits while employed by Newmont, Kinross, Victoria Resources, and as an independent consulting geologist. Mike was involved in large resource expansions and near-mine discoveries in the Carlin Trend, Phoenix, and Twin Creeks mines in Nevada, at Tasiast, Mauritania, and at and near San Cristóbal, Bolivia. He has worked in grassroots exploration through advanced development in places that include the western U.S., Alaska, western and northern Canada, Mexico, South America, western Africa, and Australia on deposits that range from Carlin-type, orogenic, porphyry and allied styles, epithermal, sedex, and IOCG styles. Mike worked for about 6 years as a research geologist and assistant professor for the University of Nevada, Reno and Nevada Bureau of Mines and Geology where he conducted research and mapping on Nevada ore deposits and districts, taught undergraduate and graduate courses in economic geology and petrology, and advised numerous industry-funded M.S. and Ph.D. students on economic geology topics mostly in the Great Basin, U.S.A. Mike has Ph.D. and M.S. degrees in geology from the University of Nevada, Reno.

About Phenom Resources Corp.

Phenom has 100% interest in the Carlin Gold-Vanadium Project, which has a plan of operation permit on the Carlin Vanadium deposit, North America's largest highest grade primary vanadium resource. The Company's Dobbin and King Solomon Gold Projects have drill permit applications in progress.

ON BEHALF OF PHENOM RESOURCES CORP.

per: "Paul Cowley"
CEO & President T: (604) 340-7711 E: pcowley@phenomresources.com W: www.phenomresources.com

Technical disclosure in this news release has been reviewed and approved by Paul Cowley, President, CEO and Director 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.

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 and include the Company's use of proceeds raised in the Offering. 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. Readers should not place undue reliance on 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/251012

FAQ

Who are the new geological specialists hired by Phenom Resources (PHNMF)?

Phenom Resources has hired Brion Theriault, a Certified Professional Geologist with 30+ years experience, and Dr. Mike Ressel, a field-oriented geologist with 30 years experience in exploration, development, and mine geology.

What projects will the new specialists work on at Phenom Resources (PHNMF)?

The specialists will conduct and supervise field work on the Dobbin and King Solomon Gold Projects, which are Carlin-type gold targets.

What is Brion Theriault's experience in Nevada gold exploration?

Brion Theriault has worked for Newmont and AngloGold in major Carlin-type gold districts in Nevada, contributing to deposit discoveries on the Carlin and Battle Mountain-Eureka Trends.

What is Dr. Mike Ressel's background in mining and geology?

Dr. Mike Ressel has 30 years of experience working with companies like Newmont and Kinross, was involved in resource expansions in the Carlin Trend, and served as a research geologist and assistant professor at the University of Nevada, Reno.