# Phenom Reports Consistent Results on Rare Earth and Critical Metals Deposit at Crescent Valley Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/phenom-reports-consistent-results-on-rare-earth-and-critical-metals-deposit-at-c--203e7ebb-be9b-42c3-8304-892630b1aae2 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: Rubidium - Secondary commodities: Hafnium, Scandium, Neodymium, Gold - Document categories: Drill results, Other - Extracted: 2026-08-20 22:20:38 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 deposit is characterized as an IOCG-type with significant potential for rubidium, hafnium, scandium, and neodymium. The company also noted ongoing gold opportunities in a nearby epithermal target. Reasoning: The release reports consistent REE and critical metal grades in a new hole \(CVN26-07\) that match previously reported intercepts, confirming the continuity of the IOCG-style deposit. While the grades are notable, much of the data is a restatement of previous results. - Positive factor: consistent grades - Positive factor: large scale potential - Positive factor: QA/QC disclosed - Negative factor: early stage evaluation - Negative factor: stale data re-release Facts used in scoring: 7 ## 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 QAQC sample inserts and analysis by ALS Global. 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: 7. Some facts used in scoring do not have a stored record. ## Drill Results (7) ### CVN26-07 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-reports-consistent-results-on-rare-earth-and-critical-metals-deposit-at-c--203e7ebb-be9b-42c3-8304-892630b1aae2#fact-drill-facts-0) Crescent Valley · rubidium #### Identity - Hole ID: CVN26-07 - Project: Crescent Valley - Commodity: rubidium - Region: usa\_nv - Reported Region: Nevada - Ticker: PHNM #### Geometry - Grade: 109 - Grade Unit: ppm - Intercept: 102.1 m - From: 0 m - To: 102.1 m #### Classification - Sample Type: drill - Group ID: CVN26-07:0-102.1 - Mining Method: open\_pit #### Location - Loc. Confidence: high #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - 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: 109 ppm Rubidium over 102m is consistent with previous high-grade intercepts in the area. - Positive factor: consistent grade Evidence · table > 109.0 Context: 102.1 ### CVN26-07 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-reports-consistent-results-on-rare-earth-and-critical-metals-deposit-at-c--203e7ebb-be9b-42c3-8304-892630b1aae2#fact-drill-facts-1) Crescent Valley · hafnium #### Identity - Hole ID: CVN26-07 - Project: Crescent Valley - Commodity: hafnium - Region: usa\_nv - Reported Region: Nevada - Ticker: PHNM #### Geometry - Grade: 7.2 - Grade Unit: ppm - Intercept: 102.1 m - From: 0 m - To: 102.1 m #### Classification - Sample Type: drill - Group ID: CVN26-07:0-102.1 - Mining Method: open\_pit #### Location - Loc. Confidence: high #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - 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: 7.2 ppm Hafnium is consistent with the deposit's critical metal profile. - Positive factor: consistent grade Evidence · table > 7.2 Context: 102.1 ### CVN26-07 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-reports-consistent-results-on-rare-earth-and-critical-metals-deposit-at-c--203e7ebb-be9b-42c3-8304-892630b1aae2#fact-drill-facts-2) Crescent Valley · scandium #### Identity - Hole ID: CVN26-07 - Project: Crescent Valley - Commodity: scandium - Region: usa\_nv - Reported Region: Nevada - Ticker: PHNM #### Geometry - Grade: 18 - Grade Unit: ppm - Intercept: 102.1 m - From: 0 m - To: 102.1 m #### Classification - Sample Type: drill - Group ID: CVN26-07:0-102.1 - Mining Method: open\_pit #### Location - Loc. Confidence: high #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - 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: 18 ppm Scandium is consistent with the deposit's critical metal profile. - Positive factor: consistent grade Evidence · table > 18.0 Context: 102.1 ### CVN26-07 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-reports-consistent-results-on-rare-earth-and-critical-metals-deposit-at-c--203e7ebb-be9b-42c3-8304-892630b1aae2#fact-drill-facts-3) Crescent Valley · neodymium #### Identity - Hole ID: CVN26-07 - Project: Crescent Valley - Commodity: neodymium - Region: usa\_nv - Reported Region: Nevada - Ticker: PHNM #### Geometry - Grade: 41.4 - Grade Unit: ppm - Intercept: 102.1 m - From: 0 m - To: 102.1 m #### Classification - Sample Type: drill - Group ID: CVN26-07:0-102.1 - Mining Method: open\_pit #### Location - Loc. Confidence: high #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - 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: 41.4 ppm Neodymium is consistent with the deposit's critical metal profile. - Positive factor: consistent grade Evidence · table > 41.4 Context: 102.1 ### CVN24-02 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-reports-consistent-results-on-rare-earth-and-critical-metals-deposit-at-c--203e7ebb-be9b-42c3-8304-892630b1aae2#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: Nevada - Ticker: PHNM #### Geometry - Grade: 121.5 - Grade Unit: ppm - Intercept: 99.1 m - From: 0 m - To: 99.1 m #### Classification - Sample Type: drill - Group ID: CVN24-02:0-99.1 - Mining Method: open\_pit #### Location - Loc. Confidence: medium #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - 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 from 2024 drilling. - Negative factor: stale data re-release Evidence · table > 121.5 Context: 99.1 ### CVN25-04 [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-reports-consistent-results-on-rare-earth-and-critical-metals-deposit-at-c--203e7ebb-be9b-42c3-8304-892630b1aae2#fact-drill-facts-5) Crescent Valley · rubidium Historical result Needs review: historical\_restatement #### Identity - Hole ID: CVN25-04 - Project: Crescent Valley - Commodity: rubidium - Region: usa\_nv - Reported Region: Nevada - Ticker: PHNM #### Geometry - Grade: 146 - Grade Unit: ppm - Intercept: 54.9 m - From: 0 m - To: 54.9 m #### Classification - Sample Type: drill - Group ID: CVN25-04:0-54.9 - Mining Method: open\_pit #### Location - Loc. Confidence: medium #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - 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: 2025-10-01T00:00:00.000Z #### Dates - Event date: 2026-05-29T00:00:00.000Z Reasoning: Historical intercept from October 2025 drilling. - Negative factor: stale data re-release Evidence · table > 146.0 Context: 54.9 ### 75m chip [Link to this fact](https://atlas-staging.minestarters.com/news/phenom-reports-consistent-results-on-rare-earth-and-critical-metals-deposit-at-c--203e7ebb-be9b-42c3-8304-892630b1aae2#fact-drill-facts-6) Crescent Valley · rubidium Historical result Needs review: historical\_restatement #### Identity - Hole ID: 75m chip - Project: Crescent Valley - Commodity: rubidium - Region: usa\_nv - Reported Region: Nevada - Ticker: PHNM #### Geometry - Grade: 132.8 - Grade Unit: ppm - Intercept: 75 m - From: 0 m - To: 75 m #### Classification - Sample Type: surface - Group ID: 75m chip:0-75.0 - Mining Method: open\_pit #### Location - Loc. Confidence: medium #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - 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: 2025-06-01T00:00:00.000Z #### Dates - Event date: 2026-05-29T00:00:00.000Z Reasoning: Historical surface chip sample from summer 2025. - Negative factor: stale data re-release Evidence · table > 132.8 Context: 75.0 ## 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.