Phenom Resources Corp Advances on U.S. Federal Grant Application

Phenom Resources Corp (TSXV: PHNM) (OTCQX: PHNMF) has announced the submission of a Concept Paper to the Department of Energy (DOE). This initial step places the Carlin Vanadium Project in contention for a significant federal grant. The grant aims at supporting Commercial-scale Separation, Processing, and Recovery of Critical Battery Minerals. A Full Application Submission for this $300 million grant opportunity follows, with a deadline set for March 19, 2024.

Background on the Carlin Vanadium Project

The Carlin Vanadium Project lies within the Carlin Gold Trend in Elko County, near the thriving mining town of Carlin, Nevada. The interest in the project is high due to its strategic position in North America’s mining landscape, housing the continent’s largest and highest-grade primary vanadium resource.

Previous Grant Applications and Future Prospects

Previously, on December 14, 2023, Phenom Resources applied for an earlier Department of Energy grant related to metallurgical testing. This aligns with the Company’s strategic direction to leverage multiple federal grants, furthering the development of the critically positioned Carlin Vanadium Project.

About Phenom Resources Corp

Phenom encompasses a 100% interest in the Carlin Gold-Vanadium Project. This prominent project sits just 6 miles south of Carlin, Nevada, and is pivotal to North America’s green energy and domestic critical metals ventures.

For additional information or inquiries, contact:
CEO & President
Paul Cowley
(604) 340-7711
pcowley@phenomresources.com

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