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Phenom Resources Corp ( (TSE:PHNM) ) just unveiled an announcement.
Phenom Resources Corp. has resumed drilling at its Crescent Valley Gold Project in Nevada, targeting two promising discovery opportunities: a low sulfidation, bonanza-vein-type gold opportunity and an Iron oxide copper gold (IOCG) opportunity with rare earth metals. The project is strategically located along the Carlin Gold Trend, and recent geophysical surveys have identified promising anomalies for further exploration. The drilling aims to test these anomalies, potentially enhancing Phenom’s position in the gold and rare earth markets.
More about Phenom Resources Corp
Phenom Resources Corp. is a company with a 100% interest in the Carlin Gold-Vanadium Project located in Elko County, Nevada. The project is situated within the prolific Carlin Gold Trend, known for its significant gold deposits, including past producing mines. Phenom also holds options on three gold projects in Nevada, focusing on Carlin Gold-type targets and the Crescent Valley Property.
Average Trading Volume: 65,267
Technical Sentiment Signal: Sell
Current Market Cap: C$21.51M
For an in-depth examination of PHNM stock, go to TipRanks’ Overview page.