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Drill Results Routine +

Phenom Engages Energold for Dobbin Drilling

Phenom Resources Secures Drilling Contractor for Dobbin Gold Project Amidst Permitting Wait

By The Northwire Desk — AI Analysis Apr 14, 2026 · 09:01 PHNM · 0.355 Phenom Resources Corp.
Executive Summary
  • Phenom Resources has signed a drilling contract with Energold Drilling USA/Bertram Drilling Inc. for the Dobbin project in Nevada.
  • The company is awaiting imminent permit approval from the Forest Service to commence its maiden drilling and trenching campaign.
  • The program targets a 2.1 km long Carlin-type gold system identified through soil anomalies.
  • Scope includes up to 14 core holes (max depth 365 metres) totaling 5,120 metres and 12 mechanical trenches totaling 1,670 metres.
  • Geological crews and Energold personnel have met at the site to finalize flagged routes and drill pads.
  • Management quotes highlight confidence in the Carlin-style gold system potential and excitement regarding nearing permit approval.
Material Impact
  • The news confirms operational execution following the $1.25 million financing closed in February 2026, validating capital deployment.
  • Permitting remains a critical bottleneck; while "imminent," Forest Service approvals can be unpredictable, posing a delay risk to the timeline.
  • No assay results are provided yet; this is an operational milestone rather than a discovery announcement.
  • The engagement of Energold (a known contractor) reduces execution risk compared to previous drilling delays at Crescent Valley.
  • Impact is positive but incremental as it was anticipated in prior news regarding Dobbin permitting progress (Jan/Feb 2026).
PHNM · Price
Company Overview
  • Strategy: Nevada-focused Tier 1 gold and green-energy metal explorer leveraging proprietary mineral-processing technology.
  • Flagship Projects: Dobbin (Carlin-type gold), King Solomon (Gold/Antimony), Crescent Valley (Bonanza-type Gold/REEs), South Carlin (Vanadium).
  • South Carlin Vanadium Resource: North America's largest high-grade primary vanadium resource at PEA stage (303M lb Indicated V2O5).
  • Equity Stake: 5% equity in Japanese solid-state vanadium battery firm MK Plus.
  • Management: Led by Paul Cowley (CEO) and Dave Mathewson (Geological Advisor), both with significant Nevada Carlin-type experience.
Read the original news release →

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Phenom Resources Advances Dobbin Drilling Prep with Senior Hire as Permitting Nears Approval

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