Phenom Resources acquires 100% of Carlin Gold-Vanadium Project
2022-06-28 14:11:57 [Print]
Canada-based Phenom Resources Corp
The company now owns 100% of the Carlin Gold-Vanadium Project subject to a 2% NSR royalty which may be purchased by the company at any time on or before June 30, 2027, for US$4,000,000 and up to four annual payments of US$250,000.
. announced on June 27 that it has completed all work commitments and option payments, including the final US$955,000 cash payment, under its option agreement to acquire the Carlin Gold-Vanadium Project, which hosts the Carlin Vanadium deposit. The company now owns 100% of the Carlin Gold-Vanadium Project subject to a 2% NSR royalty which may be purchased by the company at any time on or before June 30, 2027, for US$4,000,000 and up to four annual payments of US$250,000.