Phenom Resources Corp · TSXV:PHNM

Phenom Resources — Investor Presentation (September 2023)

30 slides from Phenom Resources's investor presentation, September 2023

  1. Slide 1: Carlin Vanadium-Gold Project Corporate Presentation

    www.phenomresources.com Carlin Vanadium-Gold Project Vanadium’s Vital Role in our Green Energy Future Why Vanadium Needs be on Your Radar Added Gold Bonuses Corporate Presentation September 2023 (TSXV:PHNM) (OTCQX®: PHNMF) (FSE: 1PY)

  2. Slide 2: Forward-Looking Statements

    Forward-Looking Statements • Some of the statements contained in this presentation may be deemed “forward‐looking statements.” These include estimates and statements that describe the Company’s future plans, objectives or goals, and expectations of a stated condition or occurrence. • Forward‐looking

  3. Slide 3: Who We Are – Why Phenom is Unique

    Who We Are – Why Phenom is Unique • Listed on TSX-V and OTCQX exchanges; HQ in Vancouver, Canada, local office in Elko, NV 23 • Roughly 40% American, 55% Canadian Shareholders, 5% European V • Nevada focused – 6 years, $16MM spent – Tier 1 mining jurisdiction Vanadium • Motivated, highly experienced

  4. Slide 4: Capital Structure & Share Price Performance

    Capital Structure & Share Price Performance Capital Structure 12-Month Share Price Performance Share Price (as at July 26, 2023) C$0.25 Shares Outstanding – Basic (M) 95.2M Options Outstanding (M)* 4.7M Warrants Outstanding (M)* 17.7M Shares Outstanding – Fully Diluted (M) 117.5M Market Capitalizati

  5. Slide 5: Experienced Management & Board

    Experienced Management & Board Tier 1 Project Guided by a Competent Respected Senior Team Paul Cowley (P.Geo.) Michael Mracek (P.Eng.) Dr. Radomir Vukcevic (PhD) John Anderson (B.A.) President & CEO, Director Director & Mining Advisor Director & Metallurgical Advisor Director Dave Mathewson David Dr

  6. Slide 6: Two Opportunities for Success

    Topical - Optional & Diversified Two Opportunities for Success Significant PEA level vanadium resource forms backbone of asset base – positioned for massive stationary battery market - green energy appeal Legitimate opportunity to discover a Carlin- style high-grade deposit in the Carlin Gold trend,

  7. Slide 7: Why Vanadium Needs to be on Your Radar

    Vanadium’s Vital Role in our Green Energy Future Why Vanadium Needs to be on Your Radar ▪ Battery Markets ▪ EV space ▪ Stationary batteries – solar, wind, microgrids, backup power, 23 V modulating grid power ▪ Enormous market size of each ▪ Two Leading Battery Techologies - Lithium and Vanadium each

  8. Slide 8: Importance/Future of Vanadium in Energy Sector

    Importance/Future of Vanadium in Energy Sector 23 V STATIONARY BATTERY MARKET – vanadium best suited ▪ Multi $Billion Stationary battery market is predicted to grow between 10 and 30X by the end of this decade Vanadium ▪ Will be double the size of EV market in 10 years, needing twice the current glo

  9. Slide 9: VRFB Projects Working Around the World

    VRFB Projects Working Around the World 400 MWh VRFB from Pu Neng in Hubei G&W Electric microgrid solution - Illinois, US. – 8MWh Dalian flow battery Station 800MWh - increased grid stability and backup power 8 MWh VRFB to support a 6 MW solar array Hawker, South Australia TSXV: FVANSolar VRFB storin

  10. Slide 10: Importance/Future of Vanadium in Energy Sector

    Importance/Future of Vanadium in Energy Sector STATIONARY BATTERY MARKET – vanadium best suited ▪ We are about to witness a major shift this decade for vanadium into utility scale battery storage market – China clearly leading with major developments and orders ▪ This 2021 forecast is conservation C

  11. Slide 11: Vanadium Advantage in Stationary Battery Market

    Vanadium Advantage in Energy Sector in Stationary Battery Market Vanadium electrolyte Non flammable / Now cheaper is reusable, recyclable, Extremely safe than lithium and has a battery lifespan of 25+ years Extremely Scalable Can be charged and Deeper charge – holds more Can rapidly release large di

  12. Slide 12: Lithium-ion Battery Fires

    Lithium-ion Battery Fires 30MW Kahuku project, Hawaii Fire at the 300 MW Tesla battery in Moorabool, Victoria - burned for almost four days before it was declared under control, after spreading onto a second 13 tonne lithium-ion (li-ion) battery. Geochang wind farm, S Korea One fire in Beijing kille

  13. Slide 13: Great Location with Excellent Infrastructure

    Flagship South Carlin Project Great Location with Excellent Infrastructure Established and favorable mining jurisdiction • located in Elko County, 10 km (~6 miles) within the Carlin Gold Trend by road from the town of Carlin, NV • Easily accessible via road (Carlin is a major rail hub to both coasts

  14. Slide 14: Vanadium Resource – Best Site Conditions

    • Vanadium Mineral Resource – Feb 2019 (80% Indicated) VANADIUM – indicated resource 303M lbs V2O5 (24.64M tons @ 0.615% RESOURCE V2O5) and inferred resource 75M lbs V2O5 (7.19M tons @ 0.520% V2O5) • Large deposit – 35m (120ft) thick x 1800m (6000ft) long x BEST SITE 600m (2000ft) wide - Open to exp

  15. Slide 15: May 2020 PEA (Preliminary Economic Assessment)

    May 2020 PEA (Preliminary Economic Assessment) • PEA highlights a potential large-scale, lower-quartile cost open-pit mine • Mining for 11 years (+5 years of stockpiles) at low strip ratio (3.22:1) MULTIPLE OPPORTUNITIES TO ENHANCE THE PROJECT • Processing 1.0M tpy of high-grade (avg. of 0.71% V2O5)

  16. Slide 16: Forecast 2022 V2O5 Cash Cost Curve for Global Vanadium Producers

    Forecast 2022 V205 Cash Cost Curve for Global Vanadium Producers Steel Slag Primary Ore Secondary Cash Cost US$/lb. V2O5 $18.00 U Ores Stone Coal $16.00 $14.00 $12.00 PHNM PEA $10.00 OPEX $8.00 $6.00 Current price $4.00 $2.00 $- - 20,000 40,000 60,000 80,000 100,000 120,000 Source: TTP Squared, inc.

  17. Slide 17: Its Gold Opportunity – Located on Prolific Carlin Gold Trend

    Its Gold Opportunity - Located on prolific Carlin Gold Trend (“CGT”) • Best gold producing structural trend in the US • CGT has delivered and will continue to deliver extraordinary gold production and deposits for years to come – >100M oz Au of past production; upwards of 200M oz in the future • Dom

  18. Slide 18: Management Team with a Successful Track Record

    Management Team with a Successful Track Record Remarkable • Two geologists have collectively found 10 gold deposits (>14Moz) in their careers Talent and • Dave Mathewson is an authority on Carlin Gold Trend, vigorously exploring for over 15 years with Newmont and Gold Standard Track Records Ventures

  19. Slide 19: Positioned on the Carlin Gold Trend

    High-Grade Gold Opportunity Positioned on the Carlin Gold Trend • Engaged Dave Mathewson who interpreted a Carlin-style high-grade gold target at depth – Ex-Newmont Regional Manager and Ex-Gold Standard Ventures VP Exploration – Discovered +5M oz Au - six deposits in the Carlin Trend (5-10 km of the

  20. Slide 20: High-Grade Gold Opportunity – Tapping Carlin Plumbing System

    High-Grade Gold Opportunity Backed by compelling regional science – Tapping Carlin Plumbing System Structural Map with Au Deposits Southern Carlin Area • ~9M oz Au in multiple deposits and mines within 5-15 km of the property • 3 key structures NW, N/S, and NE (plumbing system throughout trend) • Pr

  21. Slide 21: Large Gold System – 6.4km long

    Large Gold System – 6.4km long Analogous to Gold Quarry Deposit Setting • IP chargeability shows system (white/pink) >6.4km long, up to 1.3km wide • PHNM controls 2 square miles of system • 16 drill holes provides architecture of gold system • Now vectoring within the large system for high-grade fee

  22. Slide 22: Analogous to Gold Quarry Deposit Setting

    Side By Side Gold Model and IP Section with Hole 1 Analogous to Gold Quarry Deposit Setting Vanadium Resource IP Chargeability - Line 2 Inverted Section Gold Model Root system = Chargeability High (orange) 22

  23. Slide 23: Recent Dobbin Gold Acquisition

    Recent Dobbin Gold Acquisition Carlin-type Gold Target • Near-surface target – Carlin-type gold system • Roberts Mountains Formation exposed and highly solicified over 1km x 300m • Roberts Mountain Fm. is Nevada’s best rock hosts for Carlin-type gold deposits • Large area of 1-3 g/t Au in soils from

  24. Slide 24: Crescent Valley Gold Acquisition

    Crescent Valley Gold Acquisition Bonanza-type epithermal Gold Target • along the southwest fringe of the Carlin Gold Trend • largest exposed quartz vein system in Nevada – 4km long • low-sulphidation bonanza vein epithermal gold opportunity • setting remarkably similar to that of the SLEEPER deposit

  25. Slide 25: Plans/Catalysts for 2023

    Plans/Catalysts for 2023 • Enhance vanadium resource through various opportunities to lower 23 V CAPEX/OPEX as prices rise – selective engineering studies, drill to increase size of resource, seek U.S. Federal grant $$$, seek working relationship with battery manufacturers Vanadium • Make additional

  26. Slide 26: Why Phenom?

    Why Phenom? Exceptional team with Holds 100% interest in Significant potential a track record of the largest, highest- for a Carlin-style, high- discovering gold grade, primary grade gold discovery deposits and vanadium resource in along the Carlin Gold building/operating North America Trend mines T

  27. Slide 27: Contact Information

    Contact Information Paul Cowley – Chief Executive Officer Phone: (604) 340-7711 Email: pcowley@phenomresoures.com www.phenomresources.com (TSXV: PHNM) (OTCQX®: PHNMF) (FSE: 1PY)

  28. Slide 28: Mineral Resource Estimate

    Mineral Resource Estimate Indicated*1 Inferred*1 Cut-off Grade Tons V2O5 lb Cut-off Grade Tons V2O5lb (% V2O5 ) (% V2O5) (in millions) (in millions) (% V2O5 ) (% V2O5 ) (in millions) (in millions) 0.2 0.539 31.26 337 0.2 0.450 9.72 87 0.3 0.615*2 24.64 303 0.3 0.520*2 7.19 75 0.4 0.702 18.64 262 0.4

  29. Slide 29: Management & Board of Directors

    Management & Board of Directors Paul Cowley (P.Geo.) • 41 years experience in technical and managerial positions exploring for gold, base metals, diamonds, industrial minerals and coal President & CEO • Extensive experience in a major company setting based in Canada and South America (18 years with

  30. Slide 30: Board of Advisors

    Board of Advisors Dr. David Dreisinger (PhD) • Professor and Chairholder of the Hydrometallurgy Chair at the University of British Columbia Metallurgical Advisor • Works actively with industry and has co-invented a number of metallurgical processes, including the Sepon Copper process (Laos), the Mt

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