Phenom Resources Corp. is pleased to announce that drilling on the company's 100% owned Carlin Gold-Vanadium Project, located within the Carlin gold trend of Nevada, has wrapped up for the season. The objective was to drill a 2000' reverse circulation hole to test the gold system at depth near-surface gold of up to 1.4g/t Au in outcrop, considered [...]
Phenom Resources Corp. is pleased to announce early results from the reverse circulation drill hole RC23-17 planned for a 2,000' depth, drilling for gold at the Carlin Gold-Vanadium Project in the Carlin Gold Trend of Nevada. In the upper section, the hole has encountered a near-surface mineralized vanadium zone. This intercept is now from the [...]
Phenom Resources Corp. is pleased to provide an update on its work towards U.S. Federal grant application submissions. Currently, the Company is preparing two submissions to the Department of Energy and its Office of Fossil Energy and Carbon Management addressing priorities in the Bipartisan Infrastructure Law regarding Critical Material [...]
Phenom Resources Corp. is pleased to announce that yesterday its drill contractor mobilized its drilling equipment to Phenom's 100% owned Carlin Gold-Vanadium Project, located within the Carlin gold trend of Nevada. Drill hole RC23-17, a 2000' planned reverse circulation hole is about to start to test the gold system at depth. The drill site is [...]
Phenom Resources Corp. is pleased to provide its best estimated target date of October 1, 2023, for the commencement of drilling on its Carlin Gold-Vanadium Project, Nevada. The drill contractor has been engaged. Drill hole RC23-17, a 2000' hole is planned to test the gold system at depth. The drill site is located where near-surface gold of up to [...]
Phenom Resources Corp. is pleased to announce that the Company has increased the size of the Dobbin Gold Property by over 60% with the staking of 19 new claims. The Dobbin gold property, optioned ten days ago by the Company, is a Carlin-type gold-deposit opportunity strategically located along the northwest trending Sulfur-Lovelock-Austin [...]
Phenom Resources Corp. is pleased to share two grant funding opportunity announcements from the U.S. Department of Energy that appear relevant to the Company's vanadium resource in Nevada. The Company plans to submit applications to both this fall. Firstly, on August 31, 2023, the DOE announced a Notice of Intent to make available $3.5 billion in [...]
Phenom Resources Corp. is pleased to announce the further strengthening of its gold exploration portfolio in Nevada by signing an Option Agreement for a Carlin-type gold-deposit opportunity strategically located along the northwest trending Sulfur-Lovelock-Austin structural-mineral trend in central Nevada, approximately 80 kilometers southwest of [...]
Phenom Resources Corp. is pleased to provide an update of the Company's field planning and preparation for the summer/fall exploration program in Nevada focused on gold efforts. Paul Cowley, President & CEO, states, "Last week an access road and drill pad were constructed on the Carlin Gold-Vanadium Project designed for hole RC23-17, a 2000+/- foot [...]
Phenom Resources Corp. is pleased to announce that it has signed a Definitive Offtake Agreement with the private Japanese battery company, MK Plus Co., Ltd. who is advancing its revolutionary fast charging low-cost vanadium solid-state battery business world-wide. Upon signing the agreement, Phenom now owns a 5% equity interest in MK Plus. Paul [...]
Phenom Resources Corp. is pleased to announce that 9,151,582 warrants priced at $0.26 with an expiration of July 9, 2023 were exercised, adding a total of $2,795,992 to the treasury over 3 years; an 85% exercise rate. In July 2023 alone, 4,756,009 of the warrants were exercised for proceeds of $1,236,586. The warrants were offered in connection [...]
Phenom Resources Corp. is pleased to provide a corporate update on many of its initiatives. MK Plus The Company announced May 31, 2023, that it had signed a Memorandum of Understanding with MK Plus to gain a 5% equity interest in this private Japanese solid state vanadium battery company. A draft Off-Take Agreement has been prepared and delivered [...]