Phenom Resources Corp.
Company Data
| Introduction
| Projects in Hand
| Management
News Update
| Chinese
| Address ： |
Suite 1100 – 1199 West Hastings Street Vancouver, BC Canada V6E 3T5 |
| Tel No.： | 604-340-7711 |
| Web Site： | www.phenomresources.com |
| E-mail： | pcowley@phenomresources.com |
| Contact Person： | Paul Cowley |
| Position： | President & CEO |
| Traded Market： |
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| Traded Symbol： |
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| Outstanding Shares： | Approx. 117.60 million |
| 52 Week High： | $ 0.43 |
| 52 Week Low： | $ 0.16 |
| Present Price： | Click Here |
Phenom Resources Corp. is a growing Nevada-focused Tier 1 gold and green energy explorer and technology company with dedicated accomplished team. Phenom has 100-per-cent interest in the Carlin gold-vanadium project, located in Elko County, Nevada. The Carlin gold-vanadium project hosts the Carlin vanadium deposit, North America’s largest highest-grade primary vanadium resource.
The Project lies within the prolific Carlin Gold Trend. Approximately 9 million ounces comprised of multiple gold deposits, including past producing mines, are present near the Phenom property (5-15km).
The Company has options on three additional gold projects in Nevada: the King Solomon and Dobbin Properties which are Carlin Gold-type targets and the Crescent Valley Property, a Bonanza high grade gold vein-type target.
Investment Highlights
- Nevada focused and growing: 7 years dedicated to flagship project and growing portfolio – Tier 1 secure and reliable mining jurisdiction
- Phenom’s Assets: Diversified 2 commodity portfolios (gold and green energy metal) with proprietary mineral processing technology; timely spin-out opportunity
- Phenom’s People: Driven, highly experienced and successful Canadian and American professional discoverers and technology specialists; developed 3 patents for vanadium-nickel extraction
- Gold: Four high-quality regional scale gold projects in strategic gold trends – Carlin, Dobbin & King Solomon (Carlin-type) and Crescent Valley (Bonanza-type) hand-picked by renowned & proven mine finder Dave Mathewson
- Green Energy Metal: Owns North America’s largest, highest grade primary vanadium resource at PEA stage, strategic for US Homeland security and growing large-scale battery deployment; 5% equity interest in MK Plus, a Japanese solid-state vanadium battery corp. (recently funded for US$50M to build first battery plant)
- Near-term Goal: make a Carlin-style high-grade gold deposit discovery
- Mid-term Goal: become leading USA supplier of vanadium to emerging USA large energy storage market
Crescent Valley Gold Project
Bonanza-type epithermal Gold Target
- Along the southwest fringe of the Carlin Gold Trend
- Largest exposed quartz vein system in Nevada – 4km long
- Low-sulphidation bonanza vein epithermal gold opportunity
- Setting remarkably similar to that of the Sleeper gold deposit in Nevada – was considered the lowest cost producer in the world in 1988 at $103/oz averaged 0.48 opt Au
- Induced Polarization (IP) completed – Phase 1 Drilling commenced in May 2025
Phenom has discovered a significant Rare Earth Element (REE) and Critical Metals deposit on the Crescent Valley Property. Mineralized drill intercepts start from surface. Principal metals of value include Rubidium, Hafnium, Scandium and Neodymium with lesser amounts of Dysprosium, Praseodymium, Cerium, Europium, Niobium, Strontium, Terbium and Yittrium, all on the US Geological Survey critical metals list considered vital to the U.S. economy and national security that face potential risks from disrupted supply chains.
The new deposit is an Iron Oxide Copper Gold (IOCG) deposit-type, a magnetite-tourmaline-pyrrhotite-pyrite breccia body with appreciable REE and Critical Metals content. In response to this success, the Company has more than quadrupled the size of the property from 38 claims to 172 claims. (See news release dated January 12, 2026)
Dobbin Gold Project
Carlin-type Gold Deposit Discovery
- Near-surface target in highly altered Roberts Mountains Formation
- Roberts Mountain Formation is Nevada’s best rock hosts for Carlin-type gold deposits
- Previously explored by Newmont in late 1980’s but abruptly stopped when a Wilderness Study Area was declared – since then, Study Area reduced in size and open for staking – optioned in September 2023
- 1 year later, deposit discovery made – +2.1 km long by +200m wide strong gold soil anomaly to 2.7 g/t Au
Phenom’s preliminary prospecting and mapping have identified a new sizable oxidized and altered zone 700 metres long and 300 metres wide at Dobbin. The newly identified zone hosted in Denay formation limestone is 400 metres northwest of the main gold soil anomaly.
(See news release dated August 19, 2025)
King Solomon Gold Project
Carlin-type Gold Target
- Near-surface target in Paleozoic carbonate package including highly altered Roberts Mountains Formation
- Surface samples up to 8.4 g/t Au from jasperoid within 9 sq. km area of gold-in-soil anomaly with pathfinder minerals (Au-Ag-As-Sb-Ba-Hg-Tl)
- Previous explorers focused with shallow drilling in overlying volcanics which do host shallow gold intercepts (ex. 67.1m at 0.5 g/t Au) – 113 shallow drill holes to date
- Gold in volcanics indicates a bigger gold system in underlying carbonate package (ex. carbonate intercept 80.8 m at 0.8 g/t Au – ended in mineralization)
- Historic antimony mine
Carlin Gold-Vanadium Project, Nevada
The Carlin gold-vanadium project is located 6 miles south of the town of Carlin, Nevada, and within the Carlin Gold Trend, Nevada’s most prolific gold mining trend, dominated by majors including Barrick and Newmont. The Project possesses strong infrastructure being only 6 miles by road to a major highway, rail hub, power and skilled mining work force.
Large-scale Carlin-style gold system below a PEA (Preliminary Economic Assessment)-stage vanadium resource in Carlin Gold Trend.
Vanadium Resource
- Vanadium Mineral Resource – Feb 2019 (80% Indicated)
- Indicated Resource: 303M lbs V2O5 (vanadium pentoxide) (24.64M tons grading 0.615% V2O5) and
- Inferred Resource: 75M lbs V2O5 (7.19M tons grading 0.520% V2O5)
Best Site Conditions
- Large deposit – 35m (120ft) thick x 1,800m (6,000ft) long x 600m (2,000ft) wide – Open to expand
- High Vanadium grades – thick intercepts up to 1.5% V2O5
- Flat to shallow dipping
- Near surface (0-60m; 0-200ft) amenable to open pit mining
- Metallurgical flow sheet: 80% average vanadium recovery
Large Gold System – 6.4km long Analogous to Gold Quarry Deposit Setting
- Induced polarization (IP) chargeability shows system over 6.4km long, up to 1.3km wide
- PHNM controls 2 square miles of system
- 18 drill holes provides architecture of gold system
- Now vectoring within the large system for high-grade feeders
Importance/Future of Vanadium in Energy Sector
Stationary Battery Market – vanadium best suited
- Multi $Billion Stationary battery market is predicted to grow between 10 and 30X by the end of this decade
- Will be double the size of EV market in 10 years, needing twice the current global production of vanadium
- The US wants to be a leader in this development – feedstock to battery
- US Federal government is investing billions to secure its own battery supply chains
- Vanadium is a STRATEGIC mineral for USA Homeland Security – Main producers are China, Russia and South Africa
Management, Directors and Advisors
Paul Cowley, P.Geo., President & CEO
Over 40 years experience in technical and managerial positions exploring for gold, base metals, diamonds, industrial minerals and coal
Extensive experience in a major company setting based in Canada and South America (18 years with BHP Minerals). Projects include the Escondida world-class copper mine in Chile, Country Manager for Bolivia, and the Ekati diamond mine and the Slave gold project in the Canadian arctic
As manager of the Slave Gold Project, his team discovered and advanced 4 significant gold deposits (over 6 million ounces of gold)
Rebecca Moriarty, B.Sc., CA, Chief Financial Officer
Since 2011, she has worked as a Senior Consultant with Malaspina Consultants Inc.
Michael Mracek, P.Eng., Director and Mining Advisor
Since 2011, he has provided consulting services to firms such as SRK and SNC-Lavalin, advising on various studies, including feasibilities
Dave Mathewson, M.Sc., Director and Geological Advisor
An authority on Carlin Gold Trend, vigorously exploring for over 15 years with Newmont and Gold Standard Ventures (GSV)
- Found over 5M oz Au within 10 km of Phenom’s property
- Neighboring GSV (5 km away) reached a market cap of $1 Billion from gold deposits he found and acquired for GSV
John Anderson, BA, Director
Co-founder of Aquastone Capital Advisors LP
Over 15 years’ experience in the capital markets
Dr. David Dreisinger, PhD, Metallurgical Advisor
Jacques McMullen, P.Eng., Metallurgical Advisor
Jodi Esplin, Metallurgical Advisor
Doug Dreisinger, P.Eng., Business Development Advisor
On March 10, 2026, Phenom Resources Corp. was completed the private placement
Financing type: non-brokered private placement
Gross proceeds: $1.25-million
Offering: five million listed shares with five million warrants
Offering price: 25 cents per listed share
Warrant exercise terms: 35 cents per listed share for a four-year period
Disclosure: Refer to the company's news releases dated Feb. 17, 2026, and Feb. 27, 2026.
On March 04, 2026, Following Phenom Resources Corp.'s Jan. 22, 2026, announcement of further validating its Bonanza-type low sulphidation epithermal gold model and target with the fall 2025 drilling at the company's Crescent Valley gold project, and with the benefit of unseasonably warm and dry winter conditions, the company has been able to mobilize a follow-up drilling campaign at Crescent Valley. This also follows the company's announcement Jan. 12, 2026, of the discovery of a rare-earth and critical metals deposit at Crescent Valley and the expansion of the property size. The Crescent Valley project is about 22 kilometres (13 miles) southwest of Carlin, Nev., strategically located along the southwest fringe of the Carlin gold trend within the prospective Northern Nevada Rift, Nevada.
To advance the Bonanza-type low-sulphidation epithermal gold target in this drilling campaign, the company plans to build onto the encouragements of hole CVN25-03 with three additional RC (reverse circulation) holes with 100-metre (328-foot) stepouts. The first angle hole, CVN26-05, below CVN25-03, was just completed to a depth of 506 metres (1,660 ft) with all samples delivered to the lab for assaying. A large quartz flooded zone was encountered from 275 m to 411 m (900 to 1,350 ft). Details with be provided when assays are available.
As previously reported, CVN25-03 saw a dramatic increase in gold presence with over half of the hole reporting elevated gold values, a dramatic increase in volume of quartz veining, and evidence of boiling starting at a depth of 700 feet.
To advance the IOCG rare-earth and critical metals deposit evaluation in this drilling campaign, the company plans for a 100-metre stepout from CVN25-04 with one hole, in efforts to target a feeder pipe suggested from the 2024 IP survey.
On February 27, 2026, Phenom Resources Corp. has closed its previously announced non-brokered private placement financing and issued an aggregate of five million units at a price of 25 cents per unit, for total gross proceeds of $1.25-million.
Each unit is composed of one common share of the company and one common share purchase warrant with each warrant entitling the holder thereof to acquire one additional share at an exercise price of 35 cents per share for a period of four years from the date of issuance.
The net proceeds from the offering are expected to be used for work programs on the company's exploration properties and for general working capital.
On February 17, 2026, Phenom Resources Corp. announced that it proposes to undertake a non-brokered private placement of up to 5,100,000 units (the "Units") at a price of $0.25/Unit to raise total gross proceeds of up to $1,275,000 (the "Offering"). 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 4 years at a price of $0.35.
The gross proceeds received from the sale of the Units will be used for work programs on the Company's exploration properties and for general working capital.
January 22, 2026, Phenom announced that its drill results further validate its bonanza-type low-sulphidation epithermal gold model and target at the Company’s Crescent Valley gold project.
Dave Mathewson stated: “The bonanza-type low-sulphidation epithermal gold model and target on Crescent Valley are in play and have been further validated and advanced with the recent drilling of hole CVN25-03. There is a dramatic increase in gold presence with over half of the hole reporting elevated gold values, a dramatic increase in volume of quartz veining and evidence of boiling starting at a depth of 700 feet.”
January 20, 2026, Phenom has submitted a grant application to the U.S. Department of Energy (DOE) and its Office of Fossil Energy and Carbon Management (FECM) under the funding opportunity FOA-0003583 for R&D bench and pilot scale critical metals projects. Approximate total available funding under this DOE funding opportunity going to multiple projects is up to $275 million.
The Company’s submission is entitled “Integrated Pilot-Scale Validation of High-Grade Vanadium and Nickel Feedstock” under this funding opportunity. In it, the Company’s total project funding request is for US$19.8 million where DOE would fund 80%. The proposal is structured as a 48-month program consisting of four sequential Performance Periods.
DOE has projected the tentative award date for successful candidates for June 15, 2026.
https://www.phenomresources.com/phenom-submits-u-s-federal-grant-application-2/
January 12, 2026, Phenom Resources announced that it has discovered a significant Rare Earth Element (REE) and Critical Metals deposit on its Crescent Valley Property in Nevada. Mineralized drill intercepts start from surface. Principal metals of value include Rubidium, Hafnium, Scandium and Neodymium with lesser amounts of Dysprosium, Praseodymium, Cerium, Europium, Niobium, Strontium, Terbium and Yittrium, all on the US Geological Survey critical metals list considered vital to the U.S. economy and national security that face potential risks from disrupted supply chains.
October 3, 2025, Phenom Closes $704,000 Private Placement Financing With Strategic Investors