Northwire Canada EditionSunday, November 8, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

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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