# Phenom Reports Consistent Results on Rare Earth and Critical Metals Deposit at Crescent Valley

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/phenom-reports-consistent-results-on-rare-earth-and-critical-metals-deposit-at-c--21a0964e-11f2-438a-a8e0-726773809134

Original source: https://money.tmx.com/en/quote/PHNM/news/7408413184040547/phenom-reports-consistent-results-on-rare-earth-and-critical-metals-deposit-at-c

Publisher: tmx

Original announcement: 2026-05-29T19:44:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Phenom Resources Corp.

- Ticker: PHNM

- Exchange: TSX

- Region: Nevada

- Primary commodity: Rare earth

- Secondary commodities: Rubidium, Hafnium, Scandium, Neodymium, Gold

- Document categories: Drill results, Other

- Extracted: 2026-09-12 18:36:25 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Phenom Resources has reported consistent rare earth and critical metal grades at its Crescent Valley property in Nevada, highlighted by a 102m intercept in hole CVN26-07. The company also conducted step-out drilling on a low sulfidation epithermal gold target, encountering similar weakly anomalous gold values to previous holes.

Reasoning: The release reports new drill results \(CVN26-07\) that confirm the continuity of previously reported REE and critical metal grades, alongside step-out drilling for a gold target.

- Positive factor: Consistent results in REE and critical metals

- Positive factor: QA/QC disclosed with ALS Global and QP sign-off

- Positive factor: Large scale potential indicated by IP geophysics

- Negative factor: Significant portion of results are historical/previously reported

- Negative factor: Gold results described as only 'weakly anomalous'

Facts used in scoring: 6

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release mentions ALS Global analysis and company QAQC sample inserts.

Evidence · text

> Company QAQC sample inserts were included.

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: Several intercepts \(CVN24-02, CVN25-04, 75m chip\) are explicitly marked as previously reported.

Evidence · text

> \* previously reported

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Drill Results (6)

### CVN26-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/phenom-reports-consistent-results-on-rare-earth-and-critical-metals-deposit-at-c--21a0964e-11f2-438a-a8e0-726773809134#fact-drill-facts-0)

Crescent Valley · rubidium

#### Identity

- Hole ID: CVN26-07
- Project: Crescent Valley
- Commodity: rubidium
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PHNM

#### Geometry

- Grade: 109
- Grade Unit: ppm
- Intercept: 102.1 m
- From: 0 m
- To: 102.1 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: iocg
- Program: exploration
- Sample Type: drill
- Group ID: CVN26-07:0-102.1
- Mining Method: open\_pit

#### Location

- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Global
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: New intercept confirming continuity of rubidium mineralization.

- Positive factor: Consistent with previous results

Evidence · table

> 109.0

Context: CVN26-07

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CVN26-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/phenom-reports-consistent-results-on-rare-earth-and-critical-metals-deposit-at-c--21a0964e-11f2-438a-a8e0-726773809134#fact-drill-facts-1)

Crescent Valley · hafnium

#### Identity

- Hole ID: CVN26-07
- Project: Crescent Valley
- Commodity: hafnium
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PHNM

#### Geometry

- Grade: 7.2
- Grade Unit: ppm
- Intercept: 102.1 m
- From: 0 m
- To: 102.1 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: iocg
- Program: exploration
- Sample Type: drill
- Group ID: CVN26-07:0-102.1
- Mining Method: open\_pit

#### Location

- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Global
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: New intercept confirming continuity of hafnium mineralization.

- Positive factor: Consistent with previous results

Evidence · table

> 7.2

Context: CVN26-07

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CVN26-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/phenom-reports-consistent-results-on-rare-earth-and-critical-metals-deposit-at-c--21a0964e-11f2-438a-a8e0-726773809134#fact-drill-facts-2)

Crescent Valley · scandium

#### Identity

- Hole ID: CVN26-07
- Project: Crescent Valley
- Commodity: scandium
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PHNM

#### Geometry

- Grade: 18
- Grade Unit: ppm
- Intercept: 102.1 m
- From: 0 m
- To: 102.1 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: iocg
- Program: exploration
- Sample Type: drill
- Group ID: CVN26-07:0-102.1
- Mining Method: open\_pit

#### Location

- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Global
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: New intercept confirming continuity of scandium mineralization.

- Positive factor: Consistent with previous results

Evidence · table

> 18.0

Context: CVN26-07

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CVN26-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/phenom-reports-consistent-results-on-rare-earth-and-critical-metals-deposit-at-c--21a0964e-11f2-438a-a8e0-726773809134#fact-drill-facts-3)

Crescent Valley · neodymium

#### Identity

- Hole ID: CVN26-07
- Project: Crescent Valley
- Commodity: neodymium
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PHNM

#### Geometry

- Grade: 41.4
- Grade Unit: ppm
- Intercept: 102.1 m
- From: 0 m
- To: 102.1 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: iocg
- Program: exploration
- Sample Type: drill
- Group ID: CVN26-07:0-102.1
- Mining Method: open\_pit

#### Location

- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Global
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: New intercept confirming continuity of neodymium mineralization.

- Positive factor: Consistent with previous results

Evidence · table

> 41.4

Context: CVN26-07

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### CVN24-02

[Link to this fact](https://atlas-extractions.minestarters.com/news/phenom-reports-consistent-results-on-rare-earth-and-critical-metals-deposit-at-c--21a0964e-11f2-438a-a8e0-726773809134#fact-drill-facts-4)

Crescent Valley · rubidium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CVN24-02
- Project: Crescent Valley
- Commodity: rubidium
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PHNM

#### Geometry

- Grade: 121.5
- Grade Unit: ppm
- Intercept: 99.1 m
- From: 0 m
- To: 99.1 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: iocg
- Program: exploration
- Sample Type: drill
- Group ID: CVN24-02:0-99.1
- Mining Method: open\_pit

#### Location

- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Global
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2024-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: Historical intercept restated in this release.

- Negative factor: Stale data re-release

Evidence · table

> 121.5

Context: CVN24-02\*

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 75m chip

[Link to this fact](https://atlas-extractions.minestarters.com/news/phenom-reports-consistent-results-on-rare-earth-and-critical-metals-deposit-at-c--21a0964e-11f2-438a-a8e0-726773809134#fact-drill-facts-5)

Crescent Valley · neodymium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 75m chip
- Project: Crescent Valley
- Commodity: neodymium
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: PHNM

#### Geometry

- Grade: 38.5
- Grade Unit: ppm
- Intercept: 75 m
- From: 0 m
- To: 75 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: iocg
- Program: exploration
- Sample Type: surface
- Mining Method: open\_pit

#### Location

- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- Lab Certified: No
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: Historical surface chip sample restated.

- Negative factor: Stale data re-release

Evidence · table

> 38.5

Context: 75m chip\*

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
