Core Viewpoint - Phenom Resources Corp. has submitted a grant application to the U.S. Department of Energy for funding critical metals projects, with a total available funding of up to $275 million [1][2]. Group 1: Grant Application Details - The project submission is titled "Integrated Pilot-Scale Validation of High-Grade Vanadium and Nickel Feedstock," with a total funding request of $19.8 million, where the DOE would cover 80% of the costs [2]. - The proposal is structured as a 48-month program consisting of four sequential Performance Periods, with a tentative award date projected for June 15, 2026 [2]. Group 2: Project Specifications - The project focuses on a High-Grade Vanadium-Nickel R&D initiative, aiming to finalize a metallurgical flowsheet and establish financial partnerships for advancement [3]. - The feedstock material for the project averages over 6% vanadium and over 1.4% nickel, indicating a strong potential for the project's success if the grant is awarded [3]. Group 3: Company Focus Areas - The company's primary focus remains on gold exploration, particularly in the Crescent Valley, with upcoming news releases regarding low sulphidation epithermal gold drilling efforts [4]. - The permitting process for the Dobbin drill is also progressing, indicating ongoing exploration activities [4].