Phenom identifies new zone at Dobbin gold project

Executive Summary

• Phenom Resources identified a sizable new oxidized and altered zone (700 m × 300 m) at the Dobbin Gold Project, showing strong arsenic and mercury pathfinder anomalies indicative of Carlin‑type gold potential.
• Additional trenching across the 2.1 km long main soil anomaly returned high-grade bedrock assays up to 10.35 g/t Au, with several grab samples ranging from 0.858 g/t to 2.65 g/t Au.
• The company will conduct further focused prospecting, sampling, mapping, and expand trench lengths to evaluate continuity and depth potential of both the new zone and existing anomaly.

Key Details

• New Zone Characteristics
• Dimensions: ~700 m long × 300 m wide; located 400 m NW of main gold soil anomaly in Denay Formation limestone.
• Alteration: Moderately oxidized (limonite, hematite), moderately to strongly decalcified.
• Pathfinder Geochemistry: Arsenic 140–1,070 ppm, Mercury 8–20 ppm; Gold weakly anomalous up to 31 ppb.

• Interpretation: Pathfinders typical of Carlin‑type systems; zone may host deeper target and expand overall system size.

• Trenching Program (Main Soil Anomaly)

• Seven shallow hand‑dug trenches (13–26 m long) intersected bedrock, oriented perpendicular to soil anomaly trend.
• Four highlighted trench results (Table 1): ending assays 0.206 – 10.35 g/t Au; mineralization open at one or both ends.

• Planned actions: Extend lengths of each trench to assess continuity and lateral extent.

• Grab Sample Results

• Four grab samples over a 200‑m stretch east of trench DTR‑01 returned 0.858 – 2.65 g/t Au.

• Next Steps

• Additional rock chip sampling in the new zone (assays pending).
• Focused prospecting, systematic soil grid sampling, and expanded mapping to delineate target geometry.
• Continued trench expansion to confirm grade continuity across the main anomaly.

Notable Quotes

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