Phenom Reports Project and Corporate Progress
Phenom Reports Project and Corporate Progress
June 19, 2025 - Vancouver, British Columbia – Phenom Resources Corp. (TSX-V: PHNM) (OTCQX®: PHNMF)
(FSE: 1PY0) (“Phenom” or the “Company”) is pleased to provide a progress report on project and corporate
activities. The Company has a very busy agenda.
Crescent Valley Gold Project
The Company completed a Reverse Circulation drill program on Crescent Valley last week. Assays are in the
laboratory with results anticipated within four weeks. Drilling focused on the bonanza-type low sulfidation
epithermal setting.
In addition, while building trail and sump for one of the drill pads, the excavator exposed 75 metres of
continuous outcrop of the brecciated IOCG (Iron Oxide Copper Gold) system on the property. This area
historically was known to contain rare earth minerals. The full 75 metres was sampled across to determine the
level of gold, copper and rare earth minerals.
Dobbin Gold Project
Our highly experienced Nevada-based geologist with extensive familiarity with Carlin-type deposits, Brion
Theriault, is continuing his mapping and sampling on Dobbin to identifying key stratigraphic units, structure
and alteration areas outbound from the +2.1km long by 200-metre-wide gold soil anomaly previously reported
on January 15, 2025. Selective rock chip sampling within the gold soil anomaly will be undertaken by the end
of the month. A permitting application has been submitted for an extensive mechanical trenching and drilling
program focused on the gold soil anomaly.
King Solomon Gold Project
Dr. Michael Ressel has initiated his mapping and sampling field work on the King Solomon Project, a massive
gold system. A gold and arsenic plume covers a nine square kilometre area defined by historic soil sampling.
High-Grade Vanadium-Nickel Opportunity
Company metallurgists continue to make progress on advancing a unique processing flowsheet on its High-
Grade Vanadium-Nickel Opportunity (Identified Project) reported on December 19, 2024 through testing at
SGS Canada. It is anticipated that the Company is nearing a stage to submit a patent application on this
process.
Phenom is also seeking to attract a strategic partner to fund and operate the Identified Project, with Phenom
retaining part ownership through the utilization of its patented recovery processes. The Company anticipates
that the Identified Project would be a long -term-operating processing plant that would process high -grade
vanadium and nickel feed to generate high purity product at a profit at current prices and be a midstream
contributor to the expanding US EV and large capacity battery markets. With the heightened narrative by the
Trump Administration o n securing critical minerals, t he Company is also endeavouring to attract US
government funds to advance and support the Project.
MK Plus (Japanese solid state vanadium battery group)
MK Plus’ president has informed Company president Paul Cowley that MP Plus has secured an order for
60GWh of MK Plus’ vanadium solid state battery from a European government. MK is acquiring a plant to
commercialize their battery by next spring to fulfill this order and future orders. Phenom secured a 5% equity
interest in MK Plus through an Off-take Agreement. More news on MK Plus will follow when milestones are
met.
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About Phenom Resources Corp.
Phenom has 100% interest in the Carlin Gold-Vanadium Project, located in Elko County , 6 miles south from
the town of Carlin, Nevada and Highway I-80 which hosts the Carlin Vanadium deposit, North America’s largest
highest grade primary vanadium resource. The Project lies within the prolific Carlin Gold Trend. Approximately
9 million ounces comprised of multiple gold deposits, including past producing mines, are present near the
Phenom property (5-15km). The Company has options on three additional gold projects in Nevada: the King
Solomon and Dobbin Properties which are Carlin Gold -type targets and the C rescent Valley Property, a
Bonanza-type high grade gold vein target.
ON BEHALF OF PHENOM RESOURCES CORP.
per: "Paul Cowley"
CEO & President
(604) 340-7711
[email protected] www.phenomresources.com
Technical disclosure in this news release has been reviewed and approved by Paul Cowley, a Qualified Person as
defined by National Instrument 43-101, director, President and CEO to the Company.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking information
Certain statements in this news release constitute "forward -looking" statements. These statements relate to future events or the Company's future
performance. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary
from those expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, they should not
be read as guarantees of future performance or results, and they will not necessarily be accurate indications of whether or not such results will be achieved.
Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward -looking statements contained in this
news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot
assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release
are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result
of new information, future events or otherwise, except as required under applicable securities regulations.