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) is a Vancouver-based company with a focus on mineral exploration. The company owns the Carlin Gold-Vanadium Project in Nevada, which is a significant resource for vanadium and gold. Phenom recently submitted a Concept Paper to qualify for a U.S. Federal grant for its Carlin Vanadium Project. The company is actively pursuing new business opportunities, including a patent application to extract vanadium and nickel from petroleum coke fly ash material.
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Phenom Resources Corp. (PHNM) successfully submits U.S. Federal grant application to DOE for the Carlin Vanadium Project, targeting Critical Material Innovation and Efficiency.
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Phenom Resources Corp. (PHNM) completes drilling on Carlin Gold-Vanadium Project in Nevada, with samples sent for testing. One hole abandoned at 500' due to rock conditions. Results expected next month.
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Phenom Resources Corp. announces early results from drilling at Carlin Gold-Vanadium Project, extending the deposit by 85 meters. Vanadium unit encountered in hole RC23-17 with an average grade of 0.58% V205%. Laboratory assays to be available in November.
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Phenom Resources Corp. provides update on U.S. Federal grant application submissions
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Phenom Resources Corp. mobilizes drilling equipment for Carlin Gold-Vanadium Project in Nevada.
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Phenom Resources Corp. plans to commence drilling on its Carlin Gold-Vanadium Project in Nevada on October 1, 2023.
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Phenom Resources Corp. increases Dobbin Gold Property size by over 60% with staking of 19 new claims.
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Phenom Resources Corp. plans to submit applications for two grant funding opportunities from the U.S. Department of Energy (DOE) that could benefit its vanadium resource in Nevada. The first opportunity offers $3.5 billion in funding for battery materials processing and manufacturing grants, aiming to expand domestic battery manufacturing and strengthen supply chains. The second opportunity provides up to $150 million for critical metals projects, supporting research and development of processing plants for critical minerals. Vanadium, listed as a critical metal, is predominantly sourced from China and Russia.
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Phenom Resources Corp strengthens its gold exploration portfolio in Nevada by signing an Option Agreement for the Dobbin Gold Project, a Carlin-type gold-deposit opportunity. The project is located in central Nevada and has significant elevated gold values in soils ranging between 1g/t and 3g/t Au at surface. The Company will pay an aggregate of US$150,000 and incur US$2,000,000 in exploration expenses over a six-year period to acquire the property. The vendors will retain a 3% net smelter return royalty. Phenom has the right to purchase up to a 1% NSR for US$1.0 million prior to commencing commercial production.
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Phenom Resources Corp. provides an update on their field planning and preparation for the summer/fall exploration program in Nevada focused on gold efforts. An access road and drill pad have been constructed for hole RC23-17, a 2000+/- foot hole planned to test the gold system. The site is located where near-surface gold of up to 1.4g/t Au in outcrop is considered high-level geochemical 'leakage' above the deeper target zone. The Company has narrowed down to two drill contractors to conduct the drilling. Geologists also met to design next steps of exploration on the Crecent Valley gold project, including conducting an Induced Polarization geophysical survey along the vein system.
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FAQ
What is the current stock price of Phenom Resources (PHNMF)?
The current stock price of Phenom Resources (PHNMF) is $0.18115 as of February 28, 2025.
What is the market cap of Phenom Resources (PHNMF)?
The market cap of Phenom Resources (PHNMF) is approximately 18.9M.
What is Phenom Resources Corp. focused on?
Phenom Resources Corp. is primarily focused on mineral exploration, with ownership of the Carlin Gold-Vanadium Project in Nevada.
What recent submissions has Phenom made for grants?
Phenom recently submitted a Concept Paper for a U.S. Federal grant on its Carlin Vanadium Project.
What new business opportunity is Phenom pursuing?
Phenom has filed a patent application for a process to extract vanadium and nickel from petroleum coke fly ash material.
Where is the Carlin Gold-Vanadium Project located?
The Carlin Gold-Vanadium Project is located in Elko County, Nevada, 6 miles south of Carlin, near Highway I-80.
What other projects does Phenom have in Nevada?
Phenom has options on two gold projects in Nevada: the Dobbin Property, which is a Carlin Gold-type target, and the CVN Property, a Bonanza high-grade gold vein-type target.
Phenom Resources Corp