Mr. Paul Cowley reports

PHENOM REPORTS DOBBIN GOLD FOOTPRINT GROWS, NEVADA

Phenom Resources Corp. has provided an update on this recent round of soil results from sampling, the objective of which has been to expand the length of the strong, northeast-trending Dobbin soil anomaly initially reported Sept. 4, 2024. The Dobbin gold project lies 80 kilometres (49 miles) southwest of Eureka in central Nevada. New soil sampling results extend the gold anomaly from 900 metres (3,000 feet) to 1.3 kilometres (4,300 feet) in length. A large number of gold values in the anomaly assay between greater than 0.1 gram per tonne gold up to 2.73 grams per tonne gold (approximately 0.09 ounces per ton). The system footprint may be larger still.

Prospecting and mapping have identified a 600-metre-long-by-200-metre-wide (2,000-foot-long-by-650-foot-wide) trend of similar alteration (significant veining and jasperoid), which is interpreted to be a faulted-off southwestern extension of the gold anomaly. Soil sampling has been completed over this new segment. Assays are anticipated in two weeks.

The anomalous gold zone and southwestern extension are interpreted to be controlled by northeast-trending structures presumed to be subvertical, cutting through gently dipping Roberts Mountains formation carbonates, an important host for many Carlin-type gold deposits in central and northern Nevada.

Dave Mathewson, director and geological adviser of the company, stated: "The size and strength of this surface gold soil anomaly when it was just 900 metres long is rarely found in Nevada. Now, it is longer, as determined by the new results, and may yet be additionally extended. Anomalies of this character and magnitude where previously found have led to significant gold discoveries and ultimately even producing gold deposits. There has, to date, been no drilling in these areas. These geochemical levels of gold and associated pathfinder elements within these permissive Roberts Mountains formation carbonates strongly suggest the presence of a significant disseminated, carbonate-hosted, Carlin-style gold deposit."

Phenom submitted the samples with quality assurance/quality control standards to ALS Minerals for gold fire assay and ICP trace element analyses. The samples assayed up to 2.73 grams per tonne gold, along with strong Carlin-type pathfinder element values in arsenic, antimony and mercury. The northeast-trending soil anomaly is coincident with structures mapped in the field and air-photo interpretations. Mapping and sampling also indicate the widespread presence of Carlin-type system alteration assemblage of jasperoid and decalcification. Geologic mapping and sampling are continuing on the project.

In addition, Phenom added more claims in September to increase the size of the Dobbin property.

About Phenom Resources Corp.

Phenom has 100-per-cent interest in the Carlin gold-vanadium project, located six miles south from the town of Carlin, Nev., and Highway I-80 in Elko county, which hosts the Carlin vanadium deposit, North America's largest and highest-grade primary vanadium resource. The project lies within the prolific Carlin gold trend. Approximately nine million ounces comprising multiple gold deposits, including past-producing mines, are present near (five kilometres to 15 kilometres) the Phenom property. The company has options on three gold projects in Nevada: the King Solomon and Dobbin properties, which are Carlin-gold-type targets; and the Crescent Vally property, a bonanza high-grade-gold, vein-type target.

We seek Safe Harbor.