Mr. Paul Cowley reports

PHENOM TO COMMENCE DRILLING EARLY OCTOBER AT CARLIN, NEVADA

Phenom Resources Corp. has provide its best estimated target date of Oct. 1, 2023, for the commencement of drilling on its Carlin gold-vanadium project in Nevada. The drill contractor has been engaged. Drill hole RC23-17, a 2000' hole is planned to test the gold system at depth. The drill site is located where near-surface gold of up to 1.4g/t Au (0.044oz Au/t) in outcrop is considered geochemical "leakage" above the deeper target zone and flanking the confluence of the north-south graben fault and a northwest trending splay fault. North-south and northwest oriented faults are the most significant fault orientations influencing gold mineralization in the Carlin gold trend. Hole RC23-17 will drill into a funnel-shaped IP anomaly.

Paul Cowley, President & CEO states, "Dave Mathewson and I are excited to drill Hole RC23-17 which has been delayed until now due to availability of drill rigs in the region. Hole RC23-17 follows the impressive findings in hole RC22-16 from last summer which encountered the best features of the gold system to date; the most intense alteration and gold mineralized (dolomite-silica-pyrite) Popovich limestone starting at a 1680' depth."

About Phenom Resources Corp.

Phenom has 100% interest in the Carlin Gold-Vanadium Project, located in Elko County, 6 miles south from the town of Carlin, Nevada and Highway I-80 which hosts the Carlin Vanadium deposit, North America's largest highest grade primary vanadium resource. The Project lies in the Carlin Gold Trend. Approximately 9 million ounces comprised of multiple gold deposits, including past producing mines, are present near the Phenom property (5-15km).

Technical disclosure in this news release has been reviewed and approved by Paul Cowley, a Qualified Person as defined by National Instrument 43-101, and President, CEO and director of the Company.

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