Phenom Resources, SSR Mining form joint venture for Dobbin project after US$4 million contribution
Bitget2026/09/23 12:02- Phenom Resources formed a Nevada LLC joint venture on the Dobbin Project with an SSR Mining affiliate.
- SSR exercised its option to buy a 15% stake for USD 4 million, leaving Copper One USA with 85%.
- Funds must be used to advance Dobbin; future exploration funding will be contributed pro rata, subject to dilution.
- Copper One will manage the JV and keep operating control while it holds a majority interest.
- If either party falls below 10%, it exits the JV and can receive up to a 2% NSR royalty.
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