Mr. Paul Cowley reports

PHENOM REPORTS HISTORIC HIGH-GRADE ANTIMONY MINING AT KING SOLOMON

Phenom Resources Corp.'s King Solomon gold project which is one the company's strong Carlin-type gold targets has been originally mined for high-grade antimony and silver. In light of the attention antimony is getting as an important critical metal for the United States, and the U.S. government's support to advance key antimony projects, it is worth noting the antimony association on the King Solomon project. The historic high-grade antimony mining may favourably influence the project's permitting priority with regulators.

Two historic grab samples from one vein at King Solomon returned 12.57 per cent and 38.86 per cent antimony and 5.8 ounces per ton and 55.16 oz/t silver. A four-foot-wide shear zone reported an assay of 1.3 per cent antimony and 2.8 oz/t silver.

According to Nevada Bureau of Mines, the estimated production of antimony from the King Solomon mine was between 100 and 1,000 tones of antimony. Historic reports describe two veins and a shear zone, all antimony bearing (stibnite and antimony oxides). The north vein which averages 0.45 m (1.5 ft) wide, up to 0.9 m (three ft) wide, was traced for 230 m (756 ft) in a northeast-southwest direction by two 9.1-metre (30-foot)-deep inclined shafts, pits, and about 300 m (1,000 ft) of bulldozer and hand trenching. The north vein is composed of clay, quartz, barite and stibnite (and antimony oxides). Stibnite is present as stringers, blebs, small pods, radiating clusters and single-crystal-lining vugs. Two historic grab samples from this vein returned 12.57 per cent and 38.86 per cent antimony, and 5.8 oz/t and 55.16 oz/t silver. The north-trending 1.22-metre-wide (four-foot) subvertical shear zone containing quartz and stibnite veinlets reported an assay of 1.3 per cent antimony and 2.8 oz/t silver. The southern vein which is 79 m (260 ft) south of the north vein was traced for 75 m (246 ft).

Elevated antimony values are present in some of the 1980 to 1995 drill holes exploring for gold on King Solomon but was not routinely analyzed in those days, so the larger antimony picture at King Solomon has not been evaluated or characterized. Antimony is a common pathfinder element associated with Carlin gold systems. Phenom routinely analyzes for antimony and, with its work on King Solomon, will report on the extent of antimony in this Carlin-type system. This will not change its focus on gold but be inclusive for antimony and silver.

Dave Mathewson stated: "The presence of antimony, in addition to the favourable geology, intrusive centres et cetera, were among the criteria that led me to pursue the Monitor range so vigorously starting in the late 1980s. Both Dobbin and King Solomon in the Monitor range have notable antimony mineralization."

About Phenom Resources Corp.

Phenom has a 100-per-cent interest in the Carlin gold-vanadium project, which has a plan of operation permit on the Carlin vanadium deposit, North America's largest highest-grade primary vanadium resource. The company's Dobbin and King Solomon gold projects have drill permit applications in progress.

We seek Safe Harbor.