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; RC22-16 is the strongest to date within the gold-bearing hydrothermal system [...]
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 deposit . Paul Cowley, President & CEO of the Company states, "The 2022 [...]
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 Company paid a total of $8,700 as finder's fees. All securities issued under [...]
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 securities issued under the First Tranche are subject to a hold period expiring [...]
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 for a period of 3 years at a price of $0.50. The Company also retains a 10 [...]
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 resource area. A fifth sector remains to be tested with a further 11 drill holes [...]
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 Devils Gate Formations at the Smoke Property. The vertical hole SRC22-13 [...]
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 to the south in close proximity to the north-south large-displacement graben [...]
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 applications to the DOE propose that the Carlin Vanadium Project has the [...]
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 Company at any time on or before June 30, 2027, for US$4,000,000 and up to [...]
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 announce that Hole RC22-15, 400m south of RC20-01, is now over halfway completed [...]
Phenom Resources Corp. is pleased to announce that it has engaged Cassidy & Associates, Inc. based in Washington, DC to help identify and determine U.S. federal funding opportunities to foster additional support and resources for the Company's vanadium project. "The Biden Administration has made clear its strong commitment to securing domestic critical mineral supply chains by invoking the Defense Production Act for [...]