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Phenom Resources Corp ( (TSE:PHNM) ) has provided an update.
Phenom Resources Corp. has reported significant progress across its various projects and corporate activities. The company has completed a drill program at the Crescent Valley Gold Project, with assay results expected soon, and discovered a 75-meter outcrop of a brecciated IOCG system. At the Dobbin Gold Project, mapping and sampling are ongoing, with a permit application submitted for trenching and drilling. The King Solomon Project is undergoing mapping and sampling, while the company advances its High-Grade Vanadium-Nickel Opportunity with a potential patent application and seeks strategic partnerships. Additionally, Phenom holds a 5% equity interest in MK Plus, which has secured a major battery order from a European government.
More about Phenom Resources Corp
Phenom Resources Corp. is a company with a 100% interest in the Carlin Gold-Vanadium Project in Elko County, Nevada, which hosts North America’s largest high-grade primary vanadium resource. The company operates within the prolific Carlin Gold Trend and has options on three additional gold projects in Nevada: King Solomon, Dobbin, and Crescent Valley, targeting Carlin Gold-type and Bonanza-type high-grade gold vein deposits.
Average Trading Volume: 50,329
Technical Sentiment Signal: Sell
Current Market Cap: C$33.96M
Learn more about PHNM stock on TipRanks’ Stock Analysis page.