Phenom Resources Corp · TSXV:PHNM
Phenom Resources — Investor Presentation (March 2022)
25 slides from Phenom Resources's investor presentation, March 2022
Slide 1: Carlin Gold-Vanadium Project
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 March 2022 (TSXV:PHNM) (OTCQX®: PHNMF) (FSE: 1PY)
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
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 50% American and 50% Canadian Shareholders V • Nevada focused – 4 years, $15MM spent – Tier 1 mining jurisdiction Vanadium • Motivated, highly experienced Canadian
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
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 – future call of vanadium price and g
Slide 6: Importance/Future of Vanadium in Energy Sector
Importance/Future of Vanadium in Energy Sector STRATEGIC/CRITICAL mineral for USA and for utility scale battery storage technology (VRFB) 23 ▪ ▪ V We are about to witness a major shift in the next 5 years for vanadium into utility scale battery storage in multiple energy areas ▪ The world is rapidly
Slide 7: Capital Structure & Share Price Performance
Capital Structure & Share Price Performance Capital Structure 12-Month Share Price Performance Share Price (as at March 4, 2022) C$0.63 Shares Outstanding – Basic (M) 82.4M Options Outstanding (M)* 5.4M Warrants Outstanding (M)* 25.6M Shares Outstanding – Fully Diluted (M) 113.4M Market Capitalizati
Slide 8: Great Location with Excellent Infrastructure
Flagship South Carlin Project Great Location with Excellent Infrastructure Established and favorable mining jurisdiction • located in Elko County, 10 km (~6 miles) within the Carlin Gold Trend by road from the town of Carlin, NV • Easily accessible via road (Carlin is a major rail hub to both coasts
Slide 9: Best Site Conditions
• Vanadium Mineral Resource – Feb 2019 (80% Indicated) – indicated resource 303M lbs V2O5 (24.64M tons @ 0.615% V2O5) and inferred resource 75M lbs V2O5 (7.19M tons @ 0.520% V2O5) BEST SITE • Large deposit – 35m (120ft) thick x 1800m (6000ft) long x CONDITIONS 600m (2000ft) wide • High Vanadium grad
Slide 10: May 2020 PEA (Preliminary Economic Assessment)
May 2020 PEA (Preliminary Economic Assessment) • PEA highlights a potential large-scale, lower-quartile cost open-pit mine • Mining for 11 years (+5 years of stockpiles) at low strip ratio (3.22:1) MULTIPLE OPPORTUNITIES TO ENHANCE THE PROJECT • Processing 1.0M tpy of high-grade (avg. of 0.71% V2O5)
Slide 11: Forecast 2019 V2O5 Cash Cost Curve for Global Vanadium Producers
Forecast 2019 V205 Cash Cost Curve for Global Vanadium Producers Chinese Stone Coal PHNM PEA Cash Cost US$/lb. V2O5 OPEX Current price Secondary Steel Co- production Primary Production Capacity (MTV) Modified After TTP Squared TSXV: PHNM / OTCQX®: PHNMF / FSE: 1PY 11
Slide 12: 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
Slide 13: 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
Slide 14: 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
Slide 15: 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
Slide 16: 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 • 14 holes drilled to date defining gold system • PHNM controls 3 of 4 square miles
Slide 17: 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) 17
Slide 18: South Carlin Priority Drill Targets
South Carlin Priority Drill Targets • 14 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 18
Slide 19: Smoke Gold Project
Smoke Gold Project • Within Independence- Eureka gold trend of Nevada • Large (0.5km long) ridge of quartz breccia in valley • Within carbonates – great host and setting for Carlin-like gold potential • First pass drilling (8 holes) completed Dec 2021, results pending 19
Slide 20: Plans/Catalysts for 2022
Plans/Catalysts for 2022 • Aggressively drill South Carlin system by vectoring, in an effort to make a Au 79 significant gold discovery – guided by Dave Mathewson • The potential reward is exceptional (technical risks continue to be reduced) • Pending drill results on SMOKE gold property in Nevada;
Slide 21: Why Phenom?
Why Phenom? Exceptional team with Earning 100% in the Significant potential a track record of largest, highest-grade, for a Carlin-style, high- discovering gold primary vanadium grade gold discovery deposits and resource in North along the Carlin Gold building/operating America Trend mines TSXV: PHN
Slide 22: 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)
Slide 23: 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
Slide 24: 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
Slide 25: Management & Board of Directors
Management & Board of Directors 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 (
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