Phenom Resources announces that it has closed its over-subscribed non-brokered private placement previously announced on Jan 19, 2024, as updated Jan 24, 2024. The Company has issued 6,468,000 Units at a price of $0.17/Unit for gross proceeds of $1,099,560. In connection with the Offering, the Company paid a total of $6,473.60 as finder's fees. Each Unit comprises one common share in the capital of the Company and one [...]
Phenom Resources wishes to clarify its Jan 19, 2024, regarding its proposed non-brokered private placement offering as the maximum number of securities to be issued had previously been misstated. For clarification, the Company proposes to undertake a non-brokered private placement of up to 5,880,000 units at a price of $0.17/Unit to raise total gross proceeds of up to $999,600. Each Unit will continue to be comprised of [...]
Phenom Resources announces that it proposes to undertake a non-brokered private placement of up to 5,880,000,000 units at a price of $0.17/Unit to raise total gross proceeds of up to $999,600. Each Unit will be comprised of one common share and one warrant. Each whole warrant will entitle the holder thereof to purchase one common share for a period of 3 years at a price of $0.27. The Company also retains a 10 [...]
Phenom Resources is pleased to report that the Company has submitted a Concept Paper to initially qualify for a larger U.S. Federal grant application on its Carlin Vanadium Project. The new submission to the Department of Energy and its Office of Manufacturing and Energy Supply Chains applies for new Commercial-scale Separation, Processing, and Recovery of Battery Critical Minerals projects for which the Carlin Vanadium [...]
Phenom Resources is pleased to announce results from the reverse circulation drill holes RC23-17 and RC23-18 both planned as a 2,000 foot depth test of the gold system at the Carlin Gold-Vanadium Project in the Carlin Gold Trend of Nevada. RC23-17 was abandoned at 500 feet due to difficult rock conditions. RC23-18 was drilled to a depth of 1900 feet. The two holes were collared 90 metres apart, both near vertical tests [...]
Phenom Resources Corp. is pleased to announce the appointment of Dave Mathewson to our Board of Directors. Mr. Mathewson has been engaged as a Geological Advisor to the Company since late 2019. The quality and significance of the Company's gold portfolio and targets and his desire to grow that portfolio in Nevada has compelled Mr. Mathewson to join the Company's Board of Directors and continue his role in the ongoing [...]
Phenom Resources Corp. is pleased to announce that is has successfully submitted a U.S. Federal grant application to the Department of Energy and its Office of Fossil Energy and Carbon Management addressing priorities in the Bipartisan Infrastructure Law regarding Critical Material Innovation, Efficiency, and Alternatives. DOE's FECM intends to fund high impact applied RD&D bench and pilot scale projects with this funding [...]
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 geochemical "leakage" above the deeper target zone. One hole was abandoned [...]
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 southernmost drillhole through the vanadium deposit, resulting in extending 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 Innovation, Efficiency, and Alternatives with the research, development, and [...]
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 located where near-surface gold of up to 1.4g/t Au in outcrop is considered [...]
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 1.4g/t Au in outcrop is considered geochemical "leakage" above the deeper [...]