Phenom Resources Corp · TSXV:PHNM

Phenom Resources — Investor Presentation (January 2024)

27 slides from Phenom Resources's investor presentation, January 2024

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

    www.phenomresources.com Carlin Vanadium-Gold Project Large-scale, Carlin-style Gold System below a PEA-stage Vanadium Resource in Carlin Gold Trend, Nevada, USA Corporate Presentation January 2024 (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 • 95.2 Million Shares; Listed on TSX-V and OTCQX exchanges; HQ in Vancouver, local office in Elko, NV 23 • Roughly 40% American, 55% Canadian Shareholders; (Rob McEwen 7%, Eric Muscinski 8.4%) V • Nevada focused – 6 years, $16MM spent – Tier 1 mining jurisdiction •

  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.) Dave Mathewson John Anderson (B.A.) President & CEO, Director Director & Mining Advisor Director & Geological Advisor Director David Dreisinger (PhD) Jacques McMulle

  5. Slide 5: Two Commodity Opportunities for Success

    Topical - Optional & Diversified Two Commodity 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 at Carlin and a

  6. Slide 6: 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

  7. Slide 7: 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

  8. Slide 8: 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

  9. Slide 9: Vanadium Advantage in Stationary Battery Market

    Vanadium Advantage in Energy Sector in Stationary Battery Market Vanadium electrolyte Now cheaper is reusable, recyclable, Non-flammable / 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

  10. Slide 10: 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 Geochang wind farm, S Korea (li-ion) battery. One fire in Beijing kille

  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: 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

  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 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.

  15. Slide 15: Located on Prolific Carlin Gold Trend

    Its Gold Opportunity - Located on prolific Carlin Gold Trend (“CGT”) • As in real estate - Location – Location – Location Carlin Gold- Vanadium • Not only located in Nevada, the top mining jurisdiction in US, Project but in the best gold producing structural trend in Nevada Crescent Valley Project •

  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 and driven to make next discovery Talent and • Dave Mathewson is an authority on Carlin Gold Trend, vigorously exploring for over 15 years with Newmont and Go

  17. Slide 17: High-Grade Gold Opportunity

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

  18. Slide 18: 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 • 18 drill holes provides architecture of gold system • Now vectoring within the large system for high-grade fee

  19. Slide 19: 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) 19

  20. Slide 20: Recent Dobbin Gold Acquisition

    Recent Dobbin Gold Acquisition Carlin-type Gold Target • Near-surface target in Roberts Mountains Formation exposed and highly altered • Roberts Mountain Fm. is Nevada’s best rock hosts for Carlin-type gold deposits • Large area of 1-3 g/t Au in soils within host • Previously explored by Newmont in

  21. Slide 21: 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

  22. Slide 22: Plans/Catalysts for 2024

    Plans/Catalysts for 2024 • Enhance vanadium resource through various opportunities to lower 23 V CAPEX/OPEX as prices rise – seeking U.S. Federal grant up to $300 million, securing working relationship with battery manufacturers, selective engineering studies, drill to increase size of resource Vana

  23. Slide 23: Why Phenom?

    Why Phenom? Significant potential Holds 100% interest in for a Carlin-style, high- Team with a track the largest, highest- grade gold discovery at record of discovering grade, primary Carlin and at Dobbin, gold deposits driven to vanadium resource in Bonanza-style at make next one North America Cres

  24. Slide 24: 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)

  25. Slide 25: 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

  26. Slide 26: Management & Board of Directors

    Management & Board of Directors Paul Cowley (P.Geo.) • 44 years experience in technical and managerial positions exploring for gold, base metals, diamonds, industrial minerals and coal President & CEO, Director • Extensive experience in a major company setting based in Canada and South America (18 y

  27. Slide 27: 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

Phenom Resources — Investor Presentation (January 2024) on 6ix