Authored by Lemuel Daher.
Gold keeps trending upward.
But that shouldn’t be surprising: bullion has always been a store of value in uncertain times. If you’re searching for the culprit behind this gold surge — simply look to recent administration changes, the effect of tariffs, and general concern over economic stability…
…and in this time of geopolitical uncertainty, we really don’t see gold prices plummeting any time soon.
At least, that’s the consensus among many pundits. But we also have to consider the landmark Executive Order that was recently signed by President Trump, as it recognizes the importance of mining to the nation and sets out timely coordinated action plans to advance mineral projects to production.
Suffice to say, we feel that this is the perfect time to be exploring for gold.
We’d like you to take a look at Phenom Resources, a gold explorer focused in Nevada with Tier 1 assets that are quarterbacked by legendary mine finder, Dave Mathewson.
With the Executive Order soliciting industry feedback on regulatory bottlenecks and other recommended strategies for expediting domestic mineral production, Phenom Resources will provide inputs to this solicitation. As a result, we could see swifter drilling on Phenom’s gold projects — namely Dobbin and King Solomon.
Also consider that Phenom has recently closed the third and final tranche of its over-subscribed non-brokered private placement. In this third tranche, the Company issued 962,000 Units at a price of $0.25 per unit for gross proceeds of $240,500. Aggregate proceeds from all three tranches raised a total of $1,985,000, by the issuance of a total of 7,940,000 Units.
The timing of this close is opportune, as Phenom is advancing its four fantastic, high-quality properties. Each one is a regional scale gold project situated in a strategic gold trend… but out of all its properties, it’s the Dobbin Gold Project that has made the biggest name for itself.
And just like gold, Dobbin is on the rise.
For some context, Dobbin is a near-surface target in the highly altered Roberts Mountains Formation; Nevada’s best rock host for Carlin-type gold deposits.
Just in the last couple of months, Phenom made a major discovery at the Dobbin Project. The company received new soil sampling results from the area which, in conjunction with previously reported soil results and geologic mapping, have further defined a mineral system that is characteristic of a Carlin-type gold deposit.
Not only is this system within (and associated with) the altered lower to middle Roberts Mountains Formation, but the aforementioned results have revealed the system anomaly to be at least 2.1 kilometres long and 200 meters wide.
What’s more, it potentially has multiple associated gold deposits!
Thanks to Phenom’s soil anomaly profile, the company can already tell that these values of gold are unusually high for Nevada. In fact, anomalies with values like these usually end up becoming mines.
It is for this reason that Phenom is permitting a comprehensive trenching and drilling campaign to explore the anomalous zone. We can expect the proceeds from their private placement to help here, as the company is confident that this is a gold deposit that simply needs time to evolve.
We understand that confidence. Just like Phenom, we feel that the Dobbin Gold Project has everything going for it. It’s an anomaly that is situated in the right set of rocks, in the right location of Nevada. And there are indications that this gold system may be one of the best undrilled gold prospects in the state.
And, obviously, that’s saying something. Nevada is already a monster gold deposit jurisdiction. It is known for being one of the world’s best mining areas with respect to both geologic attractiveness and exploration-friendly policies.
But the company’s Dobbin, King Solomon, and Crescent Valley projects aren’t just located anywhere in Nevada… they are situated in Nevada’s best gold producing structural trends.
This is no accident. Each of Phenom’s gold projects was handpicked by renowned Nevada gold specialist and proven mine finder, Dave Mathewson.
Mr. Mathewson is an authority on the Carlin Gold Trend, having vigorously explored for Gold Standard Ventures and Newmont Mining Corporation. At Newmont, for example, Dave Mathewson led the team which discovered the Tess, Northwest Rain, Saddle, and South Emigrant gold deposits in the Rain District, which total over 4 million ounces of gold.
So, we trust Mr. Mathewson when he details the sheer magnitude of the Dobbin opportunity. According to him, the figures and results they’ve just received are very substantial. They allow for a third-dimensional context that adds real insight and potential size, showing multiple favourable stratigraphic host rocks that are present at surface and at depth.
Mr. Mathewson maintains that this — as well as all Carlin-type gold deposits — have high-grade cores that could have dramatic positive economic impacts.
This includes King Solomon, a property that Mr. Mathewson believes has excellent potential for the discovery of significant Carlin-type gold deposits. He leans strongly toward believing that one or more gold deposits are present in the area.
And then there’s Crescent Valley, which represents the core portion of the largest quartz vein system in Nevada that Dave Mathewson is aware of. The project is a low-sulphidation bonanza-vein epithermal gold opportunity that Mr. Mathewson compares to the SLEEPER deposit, which was considered the lowest cost gold producer in the world back in 1988!
Essentially, Phenom man irons in the fire when it comes to gold.
Between recent gold prices, the immense progress achieved at the company’s properties, and Mr. Mathewson’s continued involvement… we, like Phenom, feel that 2025 is primed to be a breakout year for Phenom Resources.
