
Phenom Resources Corp. (TSXV:PHNM) – Notable News
March 25, 2022 Phenom Resources Corp. (TSXV:PHNM, BUY, C$0.90 target, Timothy Lee) reported vanadium assay results from its flagship Carlin project in Nevada. The results are
March 25, 2022 Phenom Resources Corp. (TSXV:PHNM, BUY, C$0.90 target, Timothy Lee) reported vanadium assay results from its flagship Carlin project in Nevada. The results are
March 22, 2022 Phenom Resources Corp. (TSXV:PHNM, BUY, C$0.90 target, Timothy Lee) reported geophysical and initial RC drilling results from its Smoke project in Nevada. The
March 4, 2022 Phenom Resources Corp. (TSXV:PHNM, BUY, C$0.90 target, Timothy Lee) announced that it had closed its previously announced non-brokered private placement. Under the
Phenom announced drilling results from its flagship Carlin gold-vanadium project in Nevada. The results are from eight widely-spaced RC holes targeting a potential Carlin-type Au system as defined by the large IP anomaly situated below the vanadium resource. While the holes do demonstrate the presence of a large hydrothermal system with characteristics of a Carlin-type deposit, the resulting Au grades are well below levels of economic interest. While there still may be targets to vector in on at Carlin, we might also expect Phenom to shift more focus to other projects in its portfolio.
November 17, 2021 Phenom Resources Corp. (TSXV:PHNM, BUY, C$0.90 target, Timothy Lee) announced that it has received TSXV approval for its previously announced option agreement
October 29, 2021 Phenom Resources Corp. (TSXV:PHNM, BUY, C$0.90 target, Timothy Lee) announced it has signed a three-year option agreement to acquire a 100% interest
Yesterday, Red Cloud hosted the second day of its three-day 2021 Oktoberfest Fall Mining Showcase, which featured 28 presenting companies including our keynote speaker Matthew Watson, Founder and President of Precious Metals Commodity Management, and had over 1,000 participants registered in advance of the event. With this note, we want to provide a quick recap of the highlights from the conference for those who were unable to attend the live event (see our Day One recap here). If you would like to attend Day Three of Red Cloud’s Oktoberfest Fall Mining Showcase, register here. Replays are available on the Red Cloud website.
Q3 operating and financial results are to be announced over the next few weeks. While gold is out of favour, prices have been trading within a narrow window that have allowed companies to continue to turn profits, despite an uncertain outlook. Late summer was hard on most commodities as precious and industrial metals alike fell on a slowdown in global economic growth due to surging fuel prices, Chinese power restrictions, labour shortages, disrupted global supply chains and a stronger USD. Metal prices came under further pressure as major property developer Evergrande missed further bond payments, impacting iron ore and copper prices. With this update, we provide new commodity price and FX forecasts, updated coverage estimates, and a fresh set of top picks.
September 22, 2021 Phenom Resources Corp. (TSXV:PHNM, BUY, C$1.00 target, Timothy Lee) provided an update on drilling progress at its Carlin gold-vanadium and AVP gold exploration
July 20, 2021 Phenom Resources Corp. (TSXV:PHNM, BUY, C$1.00 target, Timothy Lee) announced preliminary results from its recent IP geophysical survey on its newly optioned Section