Welcome to our dedicated page for Phenom Resources news (Ticker: PHNMF), a resource for investors and traders seeking the latest updates and insights on Phenom Resources stock.
Phenom Resources Corp (PHNMF) operates at the forefront of mineral exploration and critical materials innovation, focusing on Nevada's Carlin Gold-Vanadium Project and advanced metallurgical processes. This page serves as the definitive source for official corporate announcements, project developments, and strategic initiatives.
Investors and industry observers will find timely updates on exploration results from key assets like the Dobbin and Crescent Valley gold properties, alongside progress reports on patented vanadium extraction technologies. The curated news collection includes earnings disclosures, federal grant applications, and operational milestones related to battery-critical mineral processing.
Regular updates cover three core areas: resource exploration (geophysical surveys, drilling campaigns), technological advancements (metallurgical patents, processing innovations), and strategic partnerships (government funding initiatives, battery materials development). Each news item is vetted for relevance to long-term value creation in the critical minerals sector.
Bookmark this page for structured access to PHNMF's evolving story - from Nevada field operations to laboratory breakthroughs - all presented with the clarity required for informed investment analysis. Check back regularly for authoritative updates directly impacting the company's position in the energy metals market.
Phenom Resources Corp (TSXV: PHNM) (OTCQX: PHNMF) has announced important developments following President Trump's Executive Order on American Mineral Production. Within 30 days of the order, the first wave of 10 mining and exploration projects have been designated as transparency projects on the Federal Permitting Dashboard.
According to the April 18, 2025 White House announcement, this initiative will make environmental review and authorization schedules publicly available. The dashboard's transparency is designed to benefit all stakeholders, from project sponsors to community members, providing real-time updates on project status and ensuring greater accountability in the review process.
The administration emphasizes that this is just the initial phase, with more projects expected to be added in the coming weeks. The initiative aims to streamline domestic mineral production, create jobs, boost prosperity, and reduce dependence on foreign nations. Notably, exploration projects under Forest Service jurisdiction are included in this first wave.
Phenom Resources Corp (TSXV: PHNM) (OTCQX: PHNMF) has announced details regarding President Trump's recent Executive Order aimed at boosting domestic mineral production in the United States. The order, signed in March 2025, acknowledges America's former status as the world's largest mineral producer and addresses concerns about federal regulations hampering the sector.
The Executive Order establishes 10 to 30-day coordinated action plans involving multiple federal departments, including Defense, Interior, Agriculture, and Energy, to expedite mineral projects to production. The initiative specifically targets projects with existing operational plans or permit applications.
For Phenom, a key aspect is the order's focus on gathering industry feedback regarding regulatory bottlenecks and strategies to accelerate domestic mineral production. The company plans to actively participate in this consultation process, which could potentially accelerate drilling operations at its Dobbin and King Solomon gold projects.
Phenom Resources Corp. (PHNMF) has announced significant extensions to its Dobbin Gold System, now reaching over 2.1 kilometers in length and 200 meters in width. Recent soil sampling and geological mapping have confirmed characteristics typical of a Carlin-type gold deposit.
The system features four sizeable arsenic-zinc zones, with robust gold values persisting for 1.3km along the trend. The anomaly is located within altered Roberts Mountains Formation, a known host for many Carlin-type deposits in Nevada. Decalcified and silicified float samples have yielded gold assays up to 1.29 g/t Au.
The gold zone appears to be controlled by high-angle northeast-southwest trending structures, with subparallel-oriented argillized intrusive dyke swarms present. The company is currently permitting a comprehensive trenching and drilling campaign to explore the anomalous zone.
Phenom Resources (TSXV: PHNM) has announced significant progress in developing a high-grade vanadium-nickel processing project. The company has filed three US patent applications for vanadium processing technologies, with a focus on extracting vanadium and nickel from petroleum coke fly ash material.
Through collaboration with SGS Canada, over 25 innovative metallurgical tests have been completed, resulting in two preliminary recovery flowsheets achieving >90% recovery of both vanadium and nickel. The company is in discussions with a multinational Fortune 100 conglomerate for long-term feed material supply, and with two large strategic firms for potential partnerships or off-take agreements.
The project aims to establish a processing plant that would contribute to the US EV and large capacity battery markets, with potential support from Department of Energy grants and US tax credits through the Inflation Reduction Law.
Phenom Resources Corp (TSXV: PHNM) (OTCQX: PHNMF) has announced its Annual General Meeting scheduled for December 12, 2024, at 10:30 a.m. in Vancouver. The meeting agenda includes receiving audited financial statements, electing four directors, re-appointing auditors, and considering the Omnibus Equity Incentive Plan.
Due to a postal strike, the company is utilizing exemptions under Coordinated Blanket Order 51-931 for proxy-related materials distribution. All meeting materials are available electronically on the company's website and SEDAR+. Shareholders can vote via proxy form, with a submission deadline of December 10, 2024, at 10:30 a.m. Pacific Time.
Phenom Resources has provided an update on the Dobbin gold soil anomaly in Nevada. The company has identified a 600-metre long by 200-metre wide trend of significant veining and jasperoid alteration, interpreted as a faulted off south-western extension of the gold anomaly. Initial soil results show positive findings in gold and pathfinder elements. The company has dispatched crews to expand the soil grid to cover a 550-metre by 200-metre gap. The gold soil anomaly currently extends at least 1.3 kilometres, with potential for further extension. The anomalous zone is believed to be controlled by northeast-trending structures cutting through Roberts Mountains Formation carbonates, a key host for Carlin-type gold deposits in Nevada.
MK Plus, a Japanese battery company, has secured US$50 million in funding to build their first pilot plant in Japan for vanadium solid-state batteries. Phenom Resources Corp. (TSXV: PHNM) owns a 5% equity stake in MK Plus. According to MK Plus's presentation, their battery technology offers significant advantages over vanadium redox flow batteries (VRFB), including 100 times faster charging speeds, using one-tenth of vanadium, +100,000 deep cycle life without fire risk, and performance stability at temperatures between 100°C and -40°C.
Phenom Resources has initiated drilling operations at its Crescent Valley Gold Project, located 22 km southwest of Carlin, Nevada. The project represents a high-grade, bonanza-vein gold prospect within the Northern Nevada Rift near the Carlin Gold Trend. According to Director Dave Mathewson, the project contains Nevada's largest known quartz vein system and shares similarities with the SLEEPER deposit, which was operated by AMAX Gold from 1986-1996 as the world's lowest-cost gold producer at $103/oz. The site features multi-event, silica-healed hydrothermal breccias with characteristics typical of above-boiling zones of hydrothermal fluids.
Phenom Resources Corp. (TSXV: PHNM, OTCQX: PHNMF, FSE: 1PY0) has announced new soil sampling results from its Dobbin Gold Project in central Nevada. The gold anomaly has been extended from 900 meters to 1.3 kilometers in length, with gold values ranging from >0.1 g/t Au to 2.73 g/t Au. Additional prospecting has identified a 600-meter-long by 200-meter-wide trend of similar alteration, interpreted as a faulted southwest extension of the anomaly. Soil sampling over this new segment is complete, with assay results expected in two weeks. The anomaly is controlled by northeast-trending structures in Roberts Mountains Formation carbonates, a host for Carlin-type gold deposits. The company has also added more claims to the Dobbin Property.
Phenom Resources Corp. (TSXV: PHNM) (OTCQX: PHNMF) announces plans to begin drilling at its Crescent Valley Gold Project in mid-October. This follows positive results from an IP geophysical survey completed in August. The project, located in Northern Nevada, is described as a high-grade, bonanza-vein gold prospect within the Northern Nevada Rift, near the Carlin Gold Trend.
Dave Mathewson, Director and Geological Advisor, compares the project's setting to the SLEEPER deposit in Humboldt County, Nevada, which was once the world's lowest-cost gold producer. The Crescent Valley Gold Project controls a 4 km strike-length of a large low-sulphidation epithermal vein system, featuring multi-event, silica-healed hydrothermal breccias. The project is located 22 km southwest of Carlin, Nevada.
