- The Federal Permitting Dashboard now includes 10 mining projects, enhancing transparency and efficiency.
- Phenom Resources Corp (TSXV: PHNM) (OTCQX: PHNMF) benefits from the Executive Order aimed at increasing American mineral production.
- More projects are expected to be added in the coming weeks, with potential for job creation and economic growth.
Phenom Resources Corp (TSXV: PHNM) (OTCQX: PHNMF) has updated shareholders on developments following President Trump's Executive Order to boost American mineral production. Within 30 days, 10 mining and exploration projects have been designated as transparency projects on the Federal Permitting Dashboard.
According to the April 18, 2025 announcement by the White House, this initiative will make environmental review and authorization schedules publicly available, providing real-time updates that benefit stakeholders, including project sponsors and community members. This transparency is intended to foster greater accountability in the review process.
This marks the initial phase of the initiative, with additional projects expected to be added sequentially over the next few weeks. The program aims to streamline domestic mineral production, create jobs, and decrease dependence on foreign resources. Notably, projects under the jurisdiction of the Forest Service are included in this first wave.
Phenom Resources Corp, which holds 100% interest in the Carlin Gold-Vanadium Project, stands to benefit from these regulatory changes. The company's strategic projects, including Dobbin and King Solomon Gold Projects, are in the process of obtaining drill permits, potentially facilitating further growth and development.
