# Phenom Discovers Rare Earth and Critical Metals Deposit at Crescent Valley, Nevada Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7 Original source: https://money.tmx.com/en/quote/PHNM/news/8924290787737721/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad Publisher: tmx Original announcement: 2026-01-12T13:46:00.000Z 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: Critical metals - Secondary commodities: Rubidium, Hafnium, Scandium, Neodymium, Dysprosium, Praseodymium, Cerium, Europium, Niobium, Strontium, Terbium, Yttrium - Document categories: Drill results - Extracted: 2026-08-21 03:24:40 UTC Narrative sentiment: 0.90 · Bullish ## Minestarters Atlas summary Phenom Resources Corp. has discovered a significant Rare Earth Element and Critical Metals deposit at its Crescent Valley Property in Nevada. Initial drill intercepts and surface chip samples returned high-grade values for Rubidium, Hafnium, Scandium, and Neodymium, with mineralisation starting from surface. The company plans to expand its IP survey and resume drilling to further evaluate the deposit, which is presumed to have substantial dimensions. Reasoning: Phenom Resources Corp. announced the discovery of a significant new Rare Earth Element and Critical Metals deposit at Crescent Valley, Nevada, with high-grade drill intercepts and chip samples, leading to a quadrupling of the property size and strong indications of economic value. - Positive factor: new\_deposit\_discovery - Positive factor: significant\_grades - Positive factor: multiple\_critical\_metals - Positive factor: large\_inferred\_dimensions - Positive factor: open\_at\_strike - Positive factor: qp\_signed - Positive factor: near\_surface\_mineralization - Negative factor: early\_stage\_evaluation - Negative factor: dimensions\_presumed - Negative factor: no\_true\_width\_stated Facts used in scoring: 28 ## Classification and evidence No classification tags are available. ## Extracted facts Stored fact records: 28. Some facts used in scoring do not have a stored record. ## Drill Results (28) ### CVN24-02 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-0) rubidium Historical result Needs review: historical\_restatement #### Identity - Hole ID: CVN24-02 - Commodity: rubidium - Ticker: PHNM #### Geometry - Grade: 121.5 - Grade Unit: ppm - Intercept: 99.06 m - From: 0 m - To: 99.06 m - Hole Depth: 99.06 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN24-02:0.0-99.06 - Mining Method: open\_pit #### Location - Easting: 563755 - Northing: 4485756 - Azimuth: 0 ° - Dip: -90 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### 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: 2026-01-12T00:00:00.000Z Reasoning: High-grade rubidium intercept from surface over a significant width, contributing to a new critical metals deposit discovery. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: significant\_tenor - Positive factor: near\_surface - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 121.5 Context: 99.06 ### CVN24-02 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-1) hafnium Historical result Needs review: historical\_restatement #### Identity - Hole ID: CVN24-02 - Commodity: hafnium - Ticker: PHNM #### Geometry - Grade: 5.2 - Grade Unit: ppm - Intercept: 99.06 m - From: 0 m - To: 99.06 m - Hole Depth: 99.06 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN24-02:0.0-99.06 - Mining Method: open\_pit #### Location - Easting: 563755 - Northing: 4485756 - Azimuth: 0 ° - Dip: -90 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### 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: 2026-01-12T00:00:00.000Z Reasoning: High-grade hafnium intercept from surface over a significant width, contributing to a new critical metals deposit discovery. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: significant\_tenor - Positive factor: near\_surface - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 5.2 Context: 99.06 ### CVN24-02 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-2) scandium Historical result Needs review: historical\_restatement #### Identity - Hole ID: CVN24-02 - Commodity: scandium - Ticker: PHNM #### Geometry - Grade: 11.3 - Grade Unit: ppm - Intercept: 99.06 m - From: 0 m - To: 99.06 m - Hole Depth: 99.06 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN24-02:0.0-99.06 - Mining Method: open\_pit #### Location - Easting: 563755 - Northing: 4485756 - Azimuth: 0 ° - Dip: -90 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### 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: 2026-01-12T00:00:00.000Z Reasoning: High-grade scandium intercept from surface over a significant width, contributing to a new critical metals deposit discovery. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: significant\_tenor - Positive factor: near\_surface - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 11.3 Context: 99.06 ### CVN24-02 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-3) neodymium Historical result Needs review: historical\_restatement #### Identity - Hole ID: CVN24-02 - Commodity: neodymium - Ticker: PHNM #### Geometry - Grade: 31.6 - Grade Unit: ppm - Intercept: 99.06 m - From: 0 m - To: 99.06 m - Hole Depth: 99.06 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN24-02:0.0-99.06 - Mining Method: open\_pit #### Location - Easting: 563755 - Northing: 4485756 - Azimuth: 0 ° - Dip: -90 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### 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: 2026-01-12T00:00:00.000Z Reasoning: High-grade neodymium intercept from surface over a significant width, contributing to a new critical metals deposit discovery. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: significant\_tenor - Positive factor: near\_surface - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 31.6 Context: 99.06 ### CVN24-02 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-4) rubidium Historical result Needs review: historical\_restatement #### Identity - Hole ID: CVN24-02 - Commodity: rubidium - Ticker: PHNM #### Geometry - Grade: 160.3 - Grade Unit: ppm - Intercept: 38.1 m - From: 0 m - To: 38.1 m - Hole Depth: 99.06 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN24-02:0.0-38.1 - Mining Method: open\_pit #### Location - Easting: 563755 - Northing: 4485756 - Azimuth: 0 ° - Dip: -90 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### 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: 2026-01-12T00:00:00.000Z Reasoning: Higher-grade rubidium sub-interval within the main intercept, indicating strong mineralization. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: higher\_grade\_sub\_interval - Positive factor: near\_surface - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 160.3 Context: 38.1 ### CVN24-02 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-5) hafnium Historical result Needs review: historical\_restatement #### Identity - Hole ID: CVN24-02 - Commodity: hafnium - Ticker: PHNM #### Geometry - Grade: 6.1 - Grade Unit: ppm - Intercept: 38.1 m - From: 0 m - To: 38.1 m - Hole Depth: 99.06 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN24-02:0.0-38.1 - Mining Method: open\_pit #### Location - Easting: 563755 - Northing: 4485756 - Azimuth: 0 ° - Dip: -90 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### 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: 2026-01-12T00:00:00.000Z Reasoning: Higher-grade hafnium sub-interval within the main intercept, indicating strong mineralization. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: higher\_grade\_sub\_interval - Positive factor: near\_surface - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 6.1 Context: 38.1 ### CVN24-02 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-6) scandium Historical result Needs review: historical\_restatement #### Identity - Hole ID: CVN24-02 - Commodity: scandium - Ticker: PHNM #### Geometry - Grade: 8.5 - Grade Unit: ppm - Intercept: 38.1 m - From: 0 m - To: 38.1 m - Hole Depth: 99.06 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN24-02:0.0-38.1 - Mining Method: open\_pit #### Location - Easting: 563755 - Northing: 4485756 - Azimuth: 0 ° - Dip: -90 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### 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: 2026-01-12T00:00:00.000Z Reasoning: Higher-grade scandium sub-interval within the main intercept, indicating strong mineralization. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: higher\_grade\_sub\_interval - Positive factor: near\_surface - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 8.5 Context: 38.1 ### CVN24-02 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-7) neodymium Historical result Needs review: historical\_restatement #### Identity - Hole ID: CVN24-02 - Commodity: neodymium - Ticker: PHNM #### Geometry - Grade: 20.8 - Grade Unit: ppm - Intercept: 38.1 m - From: 0 m - To: 38.1 m - Hole Depth: 99.06 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN24-02:0.0-38.1 - Mining Method: open\_pit #### Location - Easting: 563755 - Northing: 4485756 - Azimuth: 0 ° - Dip: -90 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### 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: 2026-01-12T00:00:00.000Z Reasoning: Higher-grade neodymium sub-interval within the main intercept, indicating strong mineralization. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: higher\_grade\_sub\_interval - Positive factor: near\_surface - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 20.8 Context: 38.1 ### CVN24-02 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-8) rubidium Historical result Needs review: historical\_restatement #### Identity - Hole ID: CVN24-02 - Commodity: rubidium - Ticker: PHNM #### Geometry - Grade: 168.8 - Grade Unit: ppm - Intercept: 6.09 m - From: 48.77 m - To: 54.86 m - Hole Depth: 99.06 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN24-02:48.77-54.86 - Mining Method: open\_pit #### Location - Easting: 563755 - Northing: 4485756 - Azimuth: 0 ° - Dip: -90 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### 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: 2026-01-12T00:00:00.000Z Reasoning: Higher-grade rubidium sub-interval within the main intercept, indicating strong mineralization. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: higher\_grade\_sub\_interval - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 168.8 Context: 6.09 ### CVN24-02 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-9) hafnium Historical result Needs review: historical\_restatement #### Identity - Hole ID: CVN24-02 - Commodity: hafnium - Ticker: PHNM #### Geometry - Grade: 6.1 - Grade Unit: ppm - Intercept: 6.09 m - From: 48.77 m - To: 54.86 m - Hole Depth: 99.06 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN24-02:48.77-54.86 - Mining Method: open\_pit #### Location - Easting: 563755 - Northing: 4485756 - Azimuth: 0 ° - Dip: -90 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### 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: 2026-01-12T00:00:00.000Z Reasoning: Higher-grade hafnium sub-interval within the main intercept, indicating strong mineralization. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: higher\_grade\_sub\_interval - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 6.1 Context: 6.09 ### CVN24-02 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-10) scandium Historical result Needs review: historical\_restatement #### Identity - Hole ID: CVN24-02 - Commodity: scandium - Ticker: PHNM #### Geometry - Grade: 17.1 - Grade Unit: ppm - Intercept: 6.09 m - From: 48.77 m - To: 54.86 m - Hole Depth: 99.06 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN24-02:48.77-54.86 - Mining Method: open\_pit #### Location - Easting: 563755 - Northing: 4485756 - Azimuth: 0 ° - Dip: -90 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### 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: 2026-01-12T00:00:00.000Z Reasoning: Higher-grade scandium sub-interval within the main intercept, indicating strong mineralization. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: higher\_grade\_sub\_interval - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 17.1 Context: 6.09 ### CVN24-02 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-11) neodymium Historical result Needs review: historical\_restatement #### Identity - Hole ID: CVN24-02 - Commodity: neodymium - Ticker: PHNM #### Geometry - Grade: 37.9 - Grade Unit: ppm - Intercept: 6.09 m - From: 48.77 m - To: 54.86 m - Hole Depth: 99.06 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN24-02:48.77-54.86 - Mining Method: open\_pit #### Location - Easting: 563755 - Northing: 4485756 - Azimuth: 0 ° - Dip: -90 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### 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: 2026-01-12T00:00:00.000Z Reasoning: Higher-grade neodymium sub-interval within the main intercept, indicating strong mineralization. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: higher\_grade\_sub\_interval - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 37.9 Context: 6.09 ### CVN24-02 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-12) rubidium Historical result Needs review: historical\_restatement #### Identity - Hole ID: CVN24-02 - Commodity: rubidium - Ticker: PHNM #### Geometry - Grade: 162.2 - Grade Unit: ppm - Intercept: 16.76 m - From: 64.01 m - To: 80.77 m - Hole Depth: 99.06 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN24-02:64.01-80.77 - Mining Method: open\_pit #### Location - Easting: 563755 - Northing: 4485756 - Azimuth: 0 ° - Dip: -90 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### 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: 2026-01-12T00:00:00.000Z Reasoning: Higher-grade rubidium sub-interval within the main intercept, indicating strong mineralization. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: higher\_grade\_sub\_interval - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 162.2 Context: 16.76 ### CVN24-02 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-13) hafnium Historical result Needs review: historical\_restatement #### Identity - Hole ID: CVN24-02 - Commodity: hafnium - Ticker: PHNM #### Geometry - Grade: 3.9 - Grade Unit: ppm - Intercept: 16.76 m - From: 64.01 m - To: 80.77 m - Hole Depth: 99.06 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN24-02:64.01-80.77 - Mining Method: open\_pit #### Location - Easting: 563755 - Northing: 4485756 - Azimuth: 0 ° - Dip: -90 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### 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: 2026-01-12T00:00:00.000Z Reasoning: Higher-grade hafnium sub-interval within the main intercept, indicating strong mineralization. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: higher\_grade\_sub\_interval - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 3.9 Context: 16.76 ### CVN24-02 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-14) scandium Historical result Needs review: historical\_restatement #### Identity - Hole ID: CVN24-02 - Commodity: scandium - Ticker: PHNM #### Geometry - Grade: 9.5 - Grade Unit: ppm - Intercept: 16.76 m - From: 64.01 m - To: 80.77 m - Hole Depth: 99.06 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN24-02:64.01-80.77 - Mining Method: open\_pit #### Location - Easting: 563755 - Northing: 4485756 - Azimuth: 0 ° - Dip: -90 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### 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: 2026-01-12T00:00:00.000Z Reasoning: Higher-grade scandium sub-interval within the main intercept, indicating strong mineralization. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: higher\_grade\_sub\_interval - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 9.5 Context: 16.76 ### CVN24-02 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-15) neodymium Historical result Needs review: historical\_restatement #### Identity - Hole ID: CVN24-02 - Commodity: neodymium - Ticker: PHNM #### Geometry - Grade: 30.9 - Grade Unit: ppm - Intercept: 16.76 m - From: 64.01 m - To: 80.77 m - Hole Depth: 99.06 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN24-02:64.01-80.77 - Mining Method: open\_pit #### Location - Easting: 563755 - Northing: 4485756 - Azimuth: 0 ° - Dip: -90 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### 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: 2026-01-12T00:00:00.000Z Reasoning: Higher-grade neodymium sub-interval within the main intercept, indicating strong mineralization. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: higher\_grade\_sub\_interval - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 30.9 Context: 16.76 ### CVN25-04 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-16) rubidium #### Identity - Hole ID: CVN25-04 - Commodity: rubidium - Ticker: PHNM #### Geometry - Grade: 146 - Grade Unit: ppm - Intercept: 54.86 m - From: 0 m - To: 54.86 m - Hole Depth: 294.13 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN25-04:0.0-54.86 - Mining Method: open\_pit #### Location - Easting: 563695 - Northing: 4485902 - Azimuth: 90 ° - Dip: -65 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-12T00:00:00.000Z Reasoning: High-grade rubidium intercept from surface over a significant width, contributing to a new critical metals deposit discovery. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: significant\_tenor - Positive factor: near\_surface - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 146.0 Context: 54.86 ### CVN25-04 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-17) hafnium #### Identity - Hole ID: CVN25-04 - Commodity: hafnium - Ticker: PHNM #### Geometry - Grade: 6.1 - Grade Unit: ppm - Intercept: 54.86 m - From: 0 m - To: 54.86 m - Hole Depth: 294.13 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN25-04:0.0-54.86 - Mining Method: open\_pit #### Location - Easting: 563695 - Northing: 4485902 - Azimuth: 90 ° - Dip: -65 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-12T00:00:00.000Z Reasoning: High-grade hafnium intercept from surface over a significant width, contributing to a new critical metals deposit discovery. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: significant\_tenor - Positive factor: near\_surface - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 6.1 Context: 54.86 ### CVN25-04 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-18) scandium #### Identity - Hole ID: CVN25-04 - Commodity: scandium - Ticker: PHNM #### Geometry - Grade: 14.7 - Grade Unit: ppm - Intercept: 54.86 m - From: 0 m - To: 54.86 m - Hole Depth: 294.13 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN25-04:0.0-54.86 - Mining Method: open\_pit #### Location - Easting: 563695 - Northing: 4485902 - Azimuth: 90 ° - Dip: -65 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-12T00:00:00.000Z Reasoning: High-grade scandium intercept from surface over a significant width, contributing to a new critical metals deposit discovery. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: significant\_tenor - Positive factor: near\_surface - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 14.7 Context: 54.86 ### CVN25-04 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-19) neodymium #### Identity - Hole ID: CVN25-04 - Commodity: neodymium - Ticker: PHNM #### Geometry - Grade: 29.3 - Grade Unit: ppm - Intercept: 54.86 m - From: 0 m - To: 54.86 m - Hole Depth: 294.13 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN25-04:0.0-54.86 - Mining Method: open\_pit #### Location - Easting: 563695 - Northing: 4485902 - Azimuth: 90 ° - Dip: -65 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-12T00:00:00.000Z Reasoning: High-grade neodymium intercept from surface over a significant width, contributing to a new critical metals deposit discovery. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: significant\_tenor - Positive factor: near\_surface - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 29.3 Context: 54.86 ### CVN25-04 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-20) rubidium #### Identity - Hole ID: CVN25-04 - Commodity: rubidium - Ticker: PHNM #### Geometry - Grade: 193.1 - Grade Unit: ppm - Intercept: 22.86 m - From: 0 m - To: 22.86 m - Hole Depth: 294.13 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN25-04:0.0-22.86 - Mining Method: open\_pit #### Location - Easting: 563695 - Northing: 4485902 - Azimuth: 90 ° - Dip: -65 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-12T00:00:00.000Z Reasoning: Higher-grade rubidium sub-interval within the main intercept, indicating strong mineralization. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: higher\_grade\_sub\_interval - Positive factor: near\_surface - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 193.1 Context: 22.86 ### CVN25-04 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-21) hafnium #### Identity - Hole ID: CVN25-04 - Commodity: hafnium - Ticker: PHNM #### Geometry - Grade: 6.2 - Grade Unit: ppm - Intercept: 22.86 m - From: 0 m - To: 22.86 m - Hole Depth: 294.13 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN25-04:0.0-22.86 - Mining Method: open\_pit #### Location - Easting: 563695 - Northing: 4485902 - Azimuth: 90 ° - Dip: -65 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-12T00:00:00.000Z Reasoning: Higher-grade hafnium sub-interval within the main intercept, indicating strong mineralization. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: higher\_grade\_sub\_interval - Positive factor: near\_surface - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 6.2 Context: 22.86 ### CVN25-04 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-22) scandium #### Identity - Hole ID: CVN25-04 - Commodity: scandium - Ticker: PHNM #### Geometry - Grade: 15.6 - Grade Unit: ppm - Intercept: 22.86 m - From: 0 m - To: 22.86 m - Hole Depth: 294.13 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN25-04:0.0-22.86 - Mining Method: open\_pit #### Location - Easting: 563695 - Northing: 4485902 - Azimuth: 90 ° - Dip: -65 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-12T00:00:00.000Z Reasoning: Higher-grade scandium sub-interval within the main intercept, indicating strong mineralization. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: higher\_grade\_sub\_interval - Positive factor: near\_surface - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 15.6 Context: 22.86 ### CVN25-04 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-23) neodymium #### Identity - Hole ID: CVN25-04 - Commodity: neodymium - Ticker: PHNM #### Geometry - Grade: 30.9 - Grade Unit: ppm - Intercept: 22.86 m - From: 0 m - To: 22.86 m - Hole Depth: 294.13 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: drill - Group ID: CVN25-04:0.0-22.86 - Mining Method: open\_pit #### Location - Easting: 563695 - Northing: 4485902 - Azimuth: 90 ° - Dip: -65 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-12T00:00:00.000Z Reasoning: Higher-grade neodymium sub-interval within the main intercept, indicating strong mineralization. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: higher\_grade\_sub\_interval - Positive factor: near\_surface - Negative factor: early\_stage\_evaluation - Negative factor: no\_true\_width\_stated Evidence · table > 30.9 Context: 22.86 ### 75m chip [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-24) rubidium #### Identity - Hole ID: 75m chip - Commodity: rubidium - Ticker: PHNM #### Geometry - Grade: 132.8 - Grade Unit: ppm - Intercept: 75 m - From: 0 m - To: 75 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: surface - Group ID: 75m chip:0.0-75.0 - Mining Method: open\_pit #### Location - Easting: 563681 - Northing: 4485911 - Azimuth: 90 ° - Dip: 0 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-12T00:00:00.000Z Reasoning: High-grade rubidium from a continuous surface chip sample, confirming near-surface mineralization and contributing to the new critical metals deposit discovery. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: significant\_tenor - Positive factor: near\_surface - Positive factor: continuous\_sample - Negative factor: early\_stage\_evaluation Evidence · table > 132.8 Context: 75.0 ### 75m chip [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-25) hafnium #### Identity - Hole ID: 75m chip - Commodity: hafnium - Ticker: PHNM #### Geometry - Grade: 5.8 - Grade Unit: ppm - Intercept: 75 m - From: 0 m - To: 75 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: surface - Group ID: 75m chip:0.0-75.0 - Mining Method: open\_pit #### Location - Easting: 563681 - Northing: 4485911 - Azimuth: 90 ° - Dip: 0 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-12T00:00:00.000Z Reasoning: High-grade hafnium from a continuous surface chip sample, confirming near-surface mineralization and contributing to the new critical metals deposit discovery. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: significant\_tenor - Positive factor: near\_surface - Positive factor: continuous\_sample - Negative factor: early\_stage\_evaluation Evidence · table > 5.8 Context: 75.0 ### 75m chip [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-26) scandium #### Identity - Hole ID: 75m chip - Commodity: scandium - Ticker: PHNM #### Geometry - Grade: 11.2 - Grade Unit: ppm - Intercept: 75 m - From: 0 m - To: 75 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: surface - Group ID: 75m chip:0.0-75.0 - Mining Method: open\_pit #### Location - Easting: 563681 - Northing: 4485911 - Azimuth: 90 ° - Dip: 0 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-12T00:00:00.000Z Reasoning: High-grade scandium from a continuous surface chip sample, confirming near-surface mineralization and contributing to the new critical metals deposit discovery. - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: significant\_tenor - Positive factor: near\_surface - Positive factor: continuous\_sample - Negative factor: early\_stage\_evaluation Evidence · table > 11.2 Context: 75.0 ### 75m chip [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-discovers-rare-earth-and-critical-metals-deposit-at-crescent-valley-nevad--11e6c3fc-d3a0-460f-8d50-b00fea9c13c7#fact-drill-facts-27) neodymium #### Identity - Hole ID: 75m chip - Commodity: neodymium - Ticker: PHNM #### Geometry - Grade: 38.5 - Grade Unit: ppm - Intercept: 75 m - From: 0 m - To: 75 m #### Classification - Deposit Type: iocg - Program: exploration - Sample Type: surface - Group ID: 75m chip:0.0-75.0 - Mining Method: open\_pit #### Location - Easting: 563681 - Northing: 4485911 - Azimuth: 90 ° - Dip: 0 ° - Loc. Confidence: high #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-12T00:00:00.000Z - Positive factor: new\_deposit\_discovery - Positive factor: critical\_metals - Positive factor: significant\_tenor - Positive factor: near\_surface ## 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.