Mr. Paul Cowley reports

PHENOM REPORTS DOBBIN GOLD FOOTPRINT UPDATE, NEVADA

Phenom Resources Corp. has provided an update on the developments of the Dobbin gold soil anomaly last reported Oct. 9, 2024. Prospecting and mapping had 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 was interpreted to be a faulted-off southwestern extension of the gold anomaly. Soil results from this new segment have been received with some positive results in gold and pathfinder elements that only partially defines the southwestern extension of the gold trend. Crews were dispatched yesterday to expand the soil grid to cover a 550-metre-by-200-metre (1,800-foot-by-650-foot) gap over the suspected remainder of the anomaly. Collective results will be reported once received.

The gold soil anomaly is at least 1.3 kilometres (4,300 feet) in length, with the potential to extend its length with new soil sampling under way. The anomalous gold zone is 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.

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 Valley property, a bonanza high-grade gold vein-type target.

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