# Phenom Validates the Low Sulphidation Epithermal Gold Target at Crescent Valley Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/phenom-validates-the-low-sulphidation-epithermal-gold-target-at-crescent-valley--e7e04acd-b17b-4859-abdd-e3262cfd0c22 Original source: https://money.tmx.com/en/quote/PHNM/news/7062807724731881/phenom-validates-the-low-sulphidation-epithermal-gold-target-at-crescent-valley Publisher: tmx Original announcement: 2026-01-22T14:00:00.000Z 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: Gold - Secondary commodities: None reported - Document categories: Drill results - Extracted: 2026-09-12 18:54:43 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Phenom Resources Corp. has reported drill results from hole CVN25-03 at the Crescent Valley Gold Project, validating a low sulphidation epithermal gold model. The hole showed increased quartz veining and evidence of boiling, though the gold grades are described as low. Reasoning: The drilling validates the geological model and identifies boiling zones, though specific high-grade intercepts were not quantified in the text. - Positive factor: validation of epithermal model - Positive factor: increased quartz veining thickness - Positive factor: presence of pathfinder minerals \(adularia, alunite\) - Positive factor: boiling zone identified - Negative factor: grades described as low grade Facts used in scoring: 2 ## 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 company QAQC sample inserts and analysis by ALS Global. Evidence · text > Company QAQC sample inserts were included. **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: Project is located along the southwest fringe of the Carlin Gold Trend. Evidence · text > strategically located along the southwest fringe of the Carlin Gold Trend ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### CVN25-03 [Link to this fact](https://atlas-extractions.minestarters.com/news/phenom-validates-the-low-sulphidation-epithermal-gold-target-at-crescent-valley--e7e04acd-b17b-4859-abdd-e3262cfd0c22#fact-drill-facts-0) It was very important to establish depths of boiling in this 5-6-kiometre long quartz vein #### Identity - Hole ID: CVN25-03 - Project: It was very important to establish depths of boiling in this 5-6-kiometre long quartz vein - Region: usa\_nv - Reported Region: usa\_nv - Ticker: PHNM #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Mining Method: underground #### Location - Loc. Confidence: medium #### QA/QC - Laboratory: ALS Global - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-22T00:00:00.000Z Reasoning: The hole validates the target model and shows increased gold presence, but specific assay values are not provided in the text. - Positive factor: model validation - Positive factor: boiling zone identified - Negative factor: low grade #### 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 ### CVN24-03 [Link to this fact](https://atlas-extractions.minestarters.com/news/phenom-validates-the-low-sulphidation-epithermal-gold-target-at-crescent-valley--e7e04acd-b17b-4859-abdd-e3262cfd0c22#fact-drill-facts-1) Crescent Valley Historical result Needs review: historical\_restatement #### Identity - Hole ID: CVN24-03 - Project: Crescent Valley - Region: usa\_nv - Reported Region: usa\_nv - Ticker: PHNM #### Geometry - Hole Depth: 426.72 m #### Classification - Sample Type: drill #### Location - Easting: 563103 - Northing: 4484245 - Azimuth: 90 ° - Dip: -60 ° - Loc. Confidence: high - Loc. Source: document #### 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: 2026-01-22T00:00:00.000Z Reasoning: Collar information provided in table. #### 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 ## 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.