Phenom Resources Corp. wishes to announce that it is evaluating the merits of a potential transaction to transfer its gold assets into a new Canadian subsidiary that would then be spun out to the Phenom shareholders. The intent of the transaction is twofold: to return Phenom to being a dedicated vanadium investment vehicle; and to position SpinCo [...]
Phenom Resources Corp. is pleased to announce drill results from RC22-016, the second deep hole drilling in 2022 into the gold system that is present under the vanadium resource on its 100% owned Carlin Gold-Vanadium Project, Nevada. RC22-16 was drilled 200 metres south of RC22-15. The attributes of RC22-16 are strikingly better than RC22-15 [...]
Phenom Resources Corp. is pleased to announce the second and final report on shallow vanadium drilling from the 2022 summer program on its flagship Carlin Gold-Vanadium Project on the Carlin Gold Trend. This summer the Company completed 49 shallow vertical RC drill holes in four sectors in an effort to expand the outer limits of the Carlin vanadium [...]
Phenom Resources Corp. announces further to its October 3, 2022 and October 21, 2022 news releases, it has now completed the second and final tranche of its over-subscribed non-brokered private placement . Under the Second Tranche, the Company has issued 2,006,666 units for gross proceeds of $601,999.80. In connection with the Second Tranche, the [...]
Phenom Resources Corp. announces that it has closed the first tranche of its non-brokered private placement previously announced on October 3, 2022. Under the First Tranche, the Company has issued 4,090,334 Units for gross proceeds of $1,227,100.20. In connection with the First Tranche, the Company paid a total of $16,740 as finder's fees. All [...]
Phenom Resources Corp. announces that it proposes to undertake a non-brokered private placement of up to 5,500,000 units at a price of $0.30/Unit to raise total gross proceeds of up to $1,650,000 . Each Unit will be comprised of one common share and one half warrant. Each whole warrant will entitle the holder thereof to purchase one common share [...]
Phenom Resources Corp. is pleased to announce the first of a series of shallow vanadium drill reports from the 2022 summer program on its flagship Carlin Gold-Vanadium Project on the Carlin Gold Trend. To date the Company has completed 49 shallow vertical RC drill holes in four sectors in an effort to expand the outer limits of the vanadium [...]
Phenom Resources Corp. is pleased to announce partial drill results from the July 2022 5-hole 2,700 foot RC drill program on the Smoke gold property, located on the southern extension of the Battle Mtn - Eureka Gold Trend, 65 kilometres south of Eureka, Nevada. Drilling confirms a new hydrothermal system has been encountered within key Pilot and [...]
Phenom Resources Corp. is pleased to announce drill results from RC22-015, the first hole this year into the gold system under the vanadium resource on its 100% owned Carlin Gold-Vanadium Project, Nevada. The attributes of RC22-15 indicate the gold-bearing hydrothermal system hosted by Devonian Rodeo Creek and Popovich Formations is strengthening [...]
Phenom Resources Corp. is pleased to announce that it has submitted multiple grant applications for U.S. Federal funding for the vanadium resource at its 100% owned Carlin Vanadium Project. Two grant applications have been submitted to the Department of Energy and two grant applications have been submitted to the Department of Defense . The two [...]
Phenom Resources Corp. is pleased to announce that it has now completed all work commitments and option payments, including the final US$955,000 cash payment, under its option agreement to acquire the Carlin Gold-Vanadium Project. The Company now owns 100% of the Carlin Gold-Vanadium Project subject to a 2% NSR royalty which may be purchased by the [...]
Phenom Resources Corp. is pleased to announce that drilling has resumed at its flagship Carlin Gold-Vanadium Project on the Carlin Gold Trend. The Company had prepared to resume drilling in early April, but sudden unexpected delays beyond the control of the Company arose with drill availability which has now been resolved. We are pleased to [...]