Phenom Resources Corp.
Phenom Resources Corp. (formerly First Vanadium Corp.), focused in Nevada, has an option to earn a 100-per-cent interest in the Carlin gold-vanadium project, located in Elko County, Nevada. The property lies in the southern parts of the prolific Carlin gold trend. The Carlin gold-vanadium project also hosts the Carlin vanadium deposit, North America’s largest highest grade vanadium resource. Phenom also has an option from Dave Mathewson to earn 100 per cent in the Smoke gold property located in the Independence-Eureka trend of Nevada.
Flagship 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.
Best Site Conditions
Vanadium prices have been on the rise since January, 2021, due to increased demand in steel and batteries. The Company's May 2020 PEA (preliminary economic assessment) was done below the current price, at US$10.65 per pound.
May 2020 PEA (Preliminary Economic Assessment)
Multiple Opportunities to Enhance the Project
Large Gold System – 6.4km long, Analogous to Gold Quarry Deposit Setting
South Carlin Priority Drill Targets
Smoke Gold Project, Nevada
Management, Directors and Advisors
Paul Cowley, P.Geo., President & CEO
41 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)
Michael Mracek, P.Eng., Director and Mining Advisor
Since 2011, he has provided consulting to firms such as SRK and SNC-Lavalin, advising on various studies, including feasibilities
Dr. Radomir Vukcevic, PhD, Director
Over 35 years providing technological, technical and equipment solutions to mining companies globally
He was with Alcoa AWA in Melbourne, Perth, and Pittsburgh for 14 years and Anaconda (Anglo American/Glencore) for 3 years. His experience with vanadium is significant.
John Anderson, BA, Director
Co-founder of Aquastone Capital Advisors LP
Over 15 years' experience in the capital markets
Dave Mathewson, M.Sc., 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
Dr. David Dreisinger, PhD, Metallurgical Advisor
Jacques McMullen, P.Eng., Metallurgical Advisor
Dr. Gary Kordosky, PhD, Metallurgical Advisor
Bill Matheson, Construction Advisor
Tookie Angus, Business Advisor
On April 5, 2022, Phenom Resources Corp. announced that it has engaged Cassidy & Associates Inc., based in Washington, D.C., to help identify and determine United States federal funding opportunities to foster additional support and resources for the Company's vanadium project.
On March 24, 2022, Phenom Resources Corp. provided additional vanadium intercepts on its flagship Carlin gold-vanadium project in Nevada.
Because the gold system is below the vanadium resource on its Carlin gold-vanadium project, the drilling conducted in 2020 and 2021 passed through the vanadium deposit, resulting in new near-surface vanadium intercepts, which now have been assayed. The majority of these holes fall within the area of the vanadium resource; however, several holes, RC20-02, RC20-04, RC21-12, RC21-13 and RC21-13A, fall outside the limits of the resource.
Paul Cowley, president and chief executive officer of the Company stated: "These new vanadium intercepts are noteworthy, reflecting multiple opportunities to expand the vanadium mineralization northerly, easterly and at depth.”
Shallow vanadium intercepts includes:
Deeper vanadium intercepts includes:
On March 21, 2022, Phenom Resources Corp. announced first pass drilling confirmed setting at the Smoke Property in Nevada, and geophysics expanded the setting.