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02:29
02:29
 
  • Phenom Resources (PHNM) has announced the final report on shallow vanadium drilling from the 2022 summer program on its Carlin Vanadium Gold Project in Nevada
  • The company completed 49 shallow vertical RC drill holes, meeting its objective to expand the outer limits of the Carlin vanadium deposit
  • The program’s success opens up the deposit to further expansion in four new areas
  • Company President & CEO Paul Cowley sat down with Sabrina Cuthbert to highlight the program’s success
  • Phenom Resources Corp is engaged in the exploration of gold, copper, and vanadium on its properties
  • Phenom Resources Corp. (PHNM) is up 5.56 per cent on the day, trading at C$0.38 per share at 2 pm ET

Phenom Resources (PHNM) has announced the final report on shallow vanadium drilling from the 2022 summer program on its Carlin Vanadium Gold Project.

Over the summer,  the company completed 49 shallow vertical RC drill holes in four sectors (north, south, east and west of the deposit) to expand the outer limits of the Carlin vanadium deposit.

Company President & CEO Paul Cowley sat down with Sabrina Cuthbert to highlight the program’s success.

“The 2022 summer drilling program met its objectives by expanding the size of the vanadium deposit in three of the four sectors (north, west and east) beyond the limits of the previous drilling, showing continuity of consistent good vanadium grades and widths near surface. With the success of this program, it opens up the deposit to further expansion in four new areas, which will be drilled before a new resource estimate is done.”

Phenom has a 100 per cent interest in the Carlin Vanadium Gold Project, located in Elko County, Nevada. The Carlin Vanadium Gold Project also hosts the Carlin Vanadium deposit. Phenom also has an option from Dave Mathewson to earn a 100 per cent interest in the SMOKE Property located in the Independence-Eureka trend of Nevada.

Phenom Resources Corp. (PHNM) is up 5.56 per cent on the day, trading at C$0.38 per share at 2 pm ET.

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