Mr. Paul Cowley reports

PHENOM COMMENCES DRILL PROGRAM AT CARLIN, NEVADA

Yesterday Phenom Resources Corp.'s drill contractor mobilized its drilling equipment to Phenom's 100-per-cent-owned Carlin gold-vanadium project, located within the Carlin gold trend of Nevada. Drill hole RC23-17, a 2,000-foot planned reverse circulation hole, is about to start to test the gold system at depth. The drill site is located where near-surface gold of up to 1.4 grams per tonne Au (0.044 ounce/ton) 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.

Paul Cowley, president and chief executive officer, states: "Minor drill contractor operational delays are behind us. Dave Mathewson and I are excited to drill hole RC23-17 which follows the impressive findings in hole RC22-16 that 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 1,680-foot depth."

About Phenom Resources Corp.

Phenom has 100-per-cent interest in the Carlin gold-vanadium project, located in Elko county, six miles south from the town of Carlin, Nev., 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 nine million ounces comprising multiple gold deposits, including past-producing mines, are present near the Phenom property (five to 15 kilometres).

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