Mr. Paul Cowley reports

PHENOM RECEIVES DOBBIN DRILL PERMIT FROM THE US FOREST SERVICE

Phenom Resources Corp. has received a plan of operation permit to drill Dobbin from the U.S. Forest Service. The drill contractor and the road building/trenching contractor have been alerted to mobilize their equipment in the coming days. The geological team is in place for a successful summer program at Dobbin. The permit will allow for up to 26 core holes (two holes per 13 drill sites) and 12 mechanical trenches (5,291 feet in total length) focused on an 800-metre-long (2,625 foot) portion of the 2.1-kilometre-long-by-200-metre-wide ((1.3-mile-long-by-660-foot-wide) gold soil anomaly.

Paul Cowley, company president and chief executive officer, states: "The long wait for our patient supportive shareholders is finally over. We are very excited to begin drill testing Dobbin, this high-profile, completely virgin exploration opportunity. We thank the U.S. Forest Service for their efforts in the permit application process. This is a sizable significant Carlin-style gold system that has potential of multiple associated gold deposits and in my view represents one of the best undrilled gold prospects in Nevada, if not the best."

At Dobbin, Phenom has identified a strong 2.1-kilometre-long-by-200-metre-wide ((1.3-mile-by-660-foot-wide) gold-in-soil anomaly with a large number of values between 0.1 gram per tonne (g/t) gold (Au) up to 2.73 g/t Au (approximately 0.09 ounce per ton (oz/t)). The northeast linear gold anomaly reflects a northeast-trending structure 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. This is a sizable significant Carlin-style gold system with typical coincident elevated pathfinder elements that has never been drill tested.

About Phenom Resources Corp.

Phenom has a 100-per-cent interest in the Carlin gold-vanadium project, located in Elko county, six 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 within the prolific Carlin gold trend. Approximately nine million ounces comprised multiple gold deposits, including past-producing mines, are present near the Phenom property (five to 15 kilometres). The company has earned a 100-per-cent interest in the Crescent Valley property, which has a Bonanza high-grade gold vein-type and a critical metals IOCG-type (iron oxide, copper and gold) target. The company has options on two other gold projects in Nevada, the King Solomon and Dobbin properties, which are Carlin gold-type targets.

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