Phenom Resources Corp · TSXV:PHNM

Phenom Resources — Investor Presentation (November 2022)

28 slides from Phenom Resources's investor presentation, November 2022

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

    www.phenomresources.com Carlin Gold-Vanadium Project Large-scale Carlin-style gold system below a PEA-stage vanadium resource in Carlin Gold Trend, Nevada, USA Corporate Presentation November 2022 (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 – 4 years, $16MM spent – Tier 1 mining jurisdiction Vanadium • Motivated, highly experienced

  4. Slide 4: 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

  5. Slide 5: Optionality & Diversity

    Optionality & Diversity Two Opportunities for Success • Legitimate opportunity to discover a Carlin-style high-grade deposit in the Carlin Gold trend, exceptional exploration upside potential • Significant PEA level vanadium resource forms backbone of asset base – positioned for massive stationary b

  6. Slide 6: Why Vanadium Should be on Your Radar

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

  7. Slide 7: Importance/Future of Vanadium in Energy Sector

    Importance/Future of Vanadium in Energy Sector STATIONARY BATTERY MARKET – vanadium best suited ▪ Multi $Billion Stationary battery market is predicted to grow between 10 and 20X by the end of this decade 23 V ▪ The USA is predicting the USA to be the largest market globally for stationary batteries

  8. Slide 8: 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

  9. Slide 9: Vanadium Metal Price Trends vs. Lithium

    Vanadium Metal Price Trends vs. Lithium 23 ▪ Vanadium Metal price is influenced by the steel demand V ▪ 90% of global vanadium goes into steel as a strengthener ▪ Spikes in metal price responding to perceived shortage of supply ▪ We are about to witness a major shift in the next 2-5 years for vanadi

  10. Slide 10: Capital Structure & Share Price Performance

    Capital Structure & Share Price Performance Capital Structure 12-Month Share Price Performance Share Price (as at November 15, 2022) C$0.37 Shares Outstanding – Basic (M) 89.0M Options Outstanding (M)* 4.7M Warrants Outstanding (M)* 24.8M Shares Outstanding – Fully Diluted (M) 118.6M Market Capitali

  11. Slide 11: 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

  12. Slide 12: Best Site Conditions

    • Vanadium Mineral Resource – Feb 2019 (80% Indicated) – indicated resource 303M lbs V2O5 (24.64M tons @ 0.615% 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 expand CONDITIONS • H

  13. Slide 13: 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)

  14. Slide 14: Forecast 2019 V2O5 Cash Cost Curve for Global Vanadium Producers

    Forecast 2019 V205 Cash Cost Curve for Global Vanadium Producers Chinese Stone Coal PHNM PEA Cash Cost US$/lb. V2O5 OPEX Current price Secondary Steel Co- production Primary Production Capacity (MTV) Modified After TTP Squared TSXV: PHNM / OTCQX®: PHNMF / FSE: 1PY 14

  15. Slide 15: 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

  16. Slide 16: 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

  17. Slide 17: 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 CGT (5-10 km of the propert

  18. Slide 18: High-Grade Gold Opportunity

    High-Grade Gold Opportunity Backed by compelling regional science – Tapping Carlin Plumbing System Structural Map with Au Deposits Gravity Map • ~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) • Property on

  19. Slide 19: Large Gold System – 6.4km long

    Large Gold System – 6.4km long Analogous to Gold Quarry Deposit Setting • Similar stratigraphy to Gold Quarry Pit 13 miles NW on Carlin Trend • IP chargeability shows system (white/pink) >6.4km long, up to 1.3km wide • 17 holes drilled to date defining gold system • PHNM controls 3 of 4 square miles

  20. Slide 20: 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) 20

  21. Slide 21: South Carlin Priority Drill Targets

    South Carlin Priority Drill Targets • 17 drill holes provides architecture of gold system and vectoring info • Now vectoring within the large system for high-grade feeders (like pearls beside and along N/S graben structure) IP Planview at 500m below surface 21

  22. Slide 22: Smoke Gold Project

    Smoke Gold Project • Within Independence- Eureka gold trend of Nevada • Large (0.5km long) ridge of quartz breccia in valley • Within Pilot and Devils Gate Formations – great host and setting for Carlin-like gold potential • Second pass drilling confirms a hydrothermal system present 22

  23. Slide 23: Plans/Catalysts for 2022

    Plans/Catalysts for 2022 Au 79 • Continue vector-drilling the South Carlin gold system in an effort to make a significant gold discovery – guided by Dave Mathewson • The potential reward is exceptional (technical risks continue to be reduced) Gold • Continue drilling on hydrothermal system identifie

  24. Slide 24: 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

  25. Slide 25: 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)

  26. Slide 26: 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

  27. Slide 27: 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

  28. Slide 28: 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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