11:37 AM EDT, 04/29/2025 (MT Newswires) -- Phenom Resources ( PHNMF ) up 16% on last look, on Tuesday said historic grab samples from its King Solomon Gold Project in Nevada show high levels of antimony.

Two historic grab samples from one vein at King Solomon returned 12.57% and 38.86% antimony and 5.8 ounces per tonne and 55.16 oz/t silver.

The historic high-grade antimony mining may favorably influence the project's permitting priority with U.S. regulators, Phenom said.

The company's shares were last seen up $0.05 to $0.37 on the TSX Venture Exchange.

Price: 0.37, Change: +0.05, Percent Change: +15.63