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) generates frequent news as it advances gold, vanadium and critical metals projects in Nevada. Company releases highlight exploration progress at its Carlin Gold‑Vanadium Project in Elko County, as well as work on Carlin‑type gold targets and bonanza‑type high‑grade vein systems at the King Solomon, Dobbin and Crescent Valley properties.
News coverage often focuses on drilling and sampling results. At Crescent Valley, Phenom reports reverse circulation drilling, surface chip sampling and geophysical surveys targeting both a large quartz vein system and an Iron Oxide Copper Gold (IOCG) breccia body with elevated rare earth and critical metals. Updates describe discoveries of elevated rubidium, hafnium, scandium, neodymium and other rare earth elements, along with interpretations of chargeability and magnetic anomalies.
At the Dobbin Gold Project, news releases discuss mapping, soil geochemistry, hand‑dug trenching and bedrock chip sampling within a +2.1 kilometre long gold soil anomaly, including anomalous and locally high‑grade gold values characteristic of a Carlin gold system. Additional updates cover work at King Solomon, where historic soil sampling has outlined a large gold and arsenic plume.
Investors following PHNMF news can also read about corporate and financing developments, such as non‑brokered private placements to fund exploration programs, progress on a High‑Grade Vanadium‑Nickel Processing Project, and the company’s 5% equity interest in MK Plus, a Japanese solid state vanadium battery group. Together, these news items provide ongoing insight into how Phenom is exploring for gold and advancing vanadium and critical metals initiatives within the basic materials sector.
Phenom Resources Corp. reports the expiration of 6,977,325 warrants at $0.55 from a private placement in May 2021. The Company is awaiting feedback from the Department of Energy on two grant applications for its Carlin Vanadium Project, seeking funding totaling $303 million. Additionally, Phenom is actively exploring potential gold acquisitions in Nevada to enhance its gold portfolio.
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