Phenom Resources Corp PHNMF

Primary Symbol: V.PHNM

Metals & Mining Industrial Metals & Minerals

Phenom Resources Corp. is a Canada-based company engaged in the business of the acquisition, exploration, and evaluation of mineral properties. The Company has a 100% interest in the Carlin Gold-Vanadium Project, located in Elko County, six miles south from the town of Carlin, Nevada and Highway I-80 which hosts the Carlin Vanadium deposit. The Project lies within the prolific Carlin Gold Trend. The Carlin Gold-Vanadium Property is composed of 114 unpatented mineral claims and 80 acres of fee simple land totaling 955 hectares. Its West Jerome property is focused on the copper-rich district of Arizona, near the Town of Jerome, Central Arizona. The Company 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. Its Crescent Valley property is located in Eureka County of Nevada. It also has an option agreement to acquire up to a 100% interest in the King Solomon Gold Project.

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Phenom Resources Corp > Phenom approached by three vanadium battery manufacturers

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Comment by damapikon Feb 23, 2023 8:56am

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Post# 35300315

RE:Phenom approached by three vanadium battery manufacturers

this Vanadium project with the processing by pressure oxidation leaching (autoclave) carries enormous financing ( Capex > $500 mln) , permitting and technological risks. That kind of processing hasn't proved its feasibility. There aren't any commercial cases with vanadium extraction.

There is a better vanadium project in neighborhood with Nevada permit ( RoD/EIS) expected in March ( CAPEX-$140mln, OPEX -4,7$/lb)
Start of production - 2025

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