Phenom Hires Project Manager for its Gold Exploration in Nevada

Phenom Hires Project Manager for its Gold Exploration in Nevada

Phenom Resources Corp. (TSXV: PHNM,OTC:PHNMF) (OTCQX: PHNMF) (FSE: 1PY0) ("Phenom" or the "Company") is pleased to report that it continues to build up its geological team for its busy gold exploration program this year with the recent hiring of Dr. Elizabeth Zbinden consulting geologist and Project Manager. Dr. Zbinden joins the geological team with Dave Mathewson, Dr. Mike Ressel and Mikaella Rough.

Dr. Elizibeth Zbinden earned her Ph.D. (Geology) at Stanford University and is a senior geologist and geochemist consultant with over 30 years of experience in mineral exploration and deposit development, primarily for precious metals and copper in Nevada and surrounding Basin and Range states, Ontario, Alaska, Mongolia, and Laos. Clients include Newmont Mining Corporation, Kinross, Homestake Mining Company, Placer Dome Exploration, Centerra Gold (US) Inc., and Gold Standard Ventures at notable mines in Nevada such as Round Mountain and Getchell/Turquoise Ridge. Her core competencies include geologic mapping and related field work for exploration and development, interpreting mapping, logging, and geochemical data, analyzing and predicting distribution of mineralization, operational management with running drill programs and developing geochemical vectors and drill targets associated with alteration and mineralization. Dr. Zbinden is an active officer and consistent volunteer for Geological Society of Nevada, other professional and trade associations, and community non-profit organizations and the current President of the Nevada Mineral Exploration Coalition.

Dave Mathewson, states, "I am very happy to have attracted Elizabeth to oversee our exploration efforts. I have worked with Elizabeth and rank her as a high-quality person and senior leader and have every confidence that her skillset will greatly benefit the Company's efforts."

Dobbin Drill and Trench Permit Application Update

The Company also reports that it has had weekly updating meetings over the four weeks with US Forest Service on final stages to the Company's permit application for drilling and trenching on Dobbin. Each meeting shows positive steps toward granting the permit very soon. The permit will allow for up to 19 core holes and 12 mechanical trenches focused on an 800-metre long (2,625 foot) portion of the 2.1 kilometres long (1.3 miles) by 200 meters (660 feet) wide gold soil anomaly. A drill contractor and a road building/trenching contractor have been secured, and the geological team is in place for a successful summer program at Dobbin.

At Dobbin, Phenom has identified a strong 2.1 kilometres long (1.3 miles) and 200 meters (660 feet) wide gold in soils anomaly with a large number of values between 0.1 g/t Au up to 2.73 g/t Au (approx. 0.09oz/ton). The northeast linear gold anomaly reflects a northeast trending structure presumed to be subvertical cutting through gently dipping Roberts Mountains Formation carbonates, an important host for many Carlin-type gold deposits in central and northern Nevada. This is a sizable significant Carlin-style gold system with typical coincident elevated pathfinder elements that has never been drill tested.

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 earned a 100% interest in the Crescent Valley Property, which has a Bonanza high grade gold vein-type and a critical metals IOCG-type target. The Company has options on two other gold projects in Nevada, the King Solomon and Dobbin Properties which are Carlin Gold-type targets.

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, President, CEO and director of 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/298145

News Provided by TMX Newsfile via QuoteMedia

PHNM:CC
The Conversation (0)
Gold bars on financial charts and a notebook.

Top 5 ASX Gold Stocks in 2026

The gold price may have receded from the new all-time high above AU$6,860.28 per ounce set in Q1, but the yellow metal was still trading at historic highs in the third quarter.The gold bull market has been well-supported by a number of factors. Among them is the pervading geopolitical turmoil... Keep Reading...
Gold bars rest on overlapping Canadian banknotes, including denominations of 5, 10, 50, and 100 dollars.

Boroo Plans C$1.5 Billion Investment to Restart Yukon’s Eagle Gold Mine

Singapore-based Boroo has agreed to acquire Victoria Gold Corp. for up to C$140 million and plans to invest more than C$1.5 billion in the Eagle Gold Mine in Yukon, according to a Thursday (October 22) news release.The company will invest in environmental remediation, mine restart activities and... Keep Reading...
Gold bars on scale over red digital currency background. Text reads "Weekly Editor's Picks."

Editor's Picks: Gold Price Slips Below US$4,000, Expert Says US$3,600 Could be Next

It was a week of downward momentum for gold, which tumbled from above US$4,100 per ounce to below US$4,000 by the end of the period. Silver took a hit as well, sinking from close to US$58 per ounce to below US$54. Those prices represent important levels for both metals. Investors tend to focus... Keep Reading...
Gold bars arranged in rows.

Russia’s Gold Reserves Hit Lowest Level Since 2019

Russia’s gold reserves continued to shrink in September, with central bank holdings falling by approximately 62 metric tons since December 2025. The country’s gold holdings declined by 6.2 metric tons last month to approximately 2,264 metric tons, reaching their lowest level since 2019,... Keep Reading...
A gold house-shaped puzzle piece stands on a plain light gray background.

Infographic: A New US Home Now Costs Under 100 Ounces of Gold

From late 2025 through mid-2026, a median-priced new US home cost less than 100 ounces of gold in every quarter, the first time that’s happened since data collection began in 1963. The previous low came in 1980, at the end of gold’s 1970s run, when the figure bottomed out at exactly 100... Keep Reading...
The Brazilian flag on a green background overlays numerous gold bars; text reads: FINE GOLD 999.9 NET WT 1000g.

Belo Sun’s Volta Grande Gold Project License Temporarily Suspended

Belo Sun Mining (TSX:BSX,OTCQB:BSXGF) is in the midst of another legal challenge at its Volta Grande gold project in Brazil, where the Supreme Court has temporarily suspended the installation license pending approval of a settlement agreement.In a Wednesday (October 21) news release, the company... Keep Reading...

Interactive Chart

Latest Press Releases

Related News