PHENOM RESOURCES CORP - PHNMF STOCK NEWS

Phenom Resources has initiated drilling operations at its Crescent Valley Gold Project, located 22 km southwest of Carlin, Nevada. The project represents a high-grade, bonanza-vein gold prospect within the Northern Nevada Rift near the Carlin Gold Trend. According to Director Dave Mathewson, the project contains Nevada's largest known quartz vein system and shares similarities with the SLEEPER deposit, which was operated by AMAX Gold from 1986-1996 as the world's lowest-cost gold producer at $103/oz. The site features multi-event, silica-healed hydrothermal breccias with characteristics typical of above-boiling zones of hydrothermal fluids.

Phenom Resources Corp. (TSXV: PHNM, OTCQX: PHNMF, FSE: 1PY0) has announced new soil sampling results from its Dobbin Gold Project in central Nevada. The gold anomaly has been extended from 900 meters to 1.3 kilometers in length, with gold values ranging from >0.1 g/t Au to 2.73 g/t Au. Additional prospecting has identified a 600-meter-long by 200-meter-wide trend of similar alteration, interpreted as a faulted southwest extension of the anomaly. Soil sampling over this new segment is complete, with assay results expected in two weeks. The anomaly is controlled by northeast-trending structures in Roberts Mountains Formation carbonates, a host for Carlin-type gold deposits. The company has also added more claims to the Dobbin Property.

Phenom Resources Corp. (TSXV: PHNM) (OTCQX: PHNMF) announces plans to begin drilling at its Crescent Valley Gold Project in mid-October. This follows positive results from an IP geophysical survey completed in August. The project, located in Northern Nevada, is described as a high-grade, bonanza-vein gold prospect within the Northern Nevada Rift, near the Carlin Gold Trend.

Dave Mathewson, Director and Geological Advisor, compares the project's setting to the SLEEPER deposit in Humboldt County, Nevada, which was once the world's lowest-cost gold producer. The Crescent Valley Gold Project controls a 4 km strike-length of a large low-sulphidation epithermal vein system, featuring multi-event, silica-healed hydrothermal breccias. The project is located 22 km southwest of Carlin, Nevada.

Phenom Resources Corp. (TSXV: PHNM) (OTCQX: PHNMF) has released historic drill results from its recently optioned King Solomon Gold Project in central Nevada. The project, located 120 km southwest of Eureka, NV, covers a regional-scale Carlin-type gold system. Highlights include:

- 11 historic drill holes within a 425m by 250m area
- Shallow, consistent gold intercepts
- 9 of 11 holes have intercepts starting less than 46m from surface
- 9 of 11 holes ended in mineralization, indicating open opportunity at depth

Dave Mathewson, Company Director and Geological Advisor, believes there is excellent potential for significant Carlin-type gold deposits at King Solomon. The company has initiated permitting steps for drilling.

Phenom Resources Corp. (TSXV: PHNM) (OTCQX: PHNMF) has reported significant gold results from its Dobbin Gold Project in Nevada. The company identified a 900-meter long by 220-meter wide gold anomaly in soil samples, with values ranging from >0.1 g/t Au up to 2.73 g/t Au. This linear anomaly reflects a northeast-trending structure cutting through Roberts Mountains Formation carbonates, a key host for Carlin-type gold deposits in Nevada.

The anomaly is open-ended, prompting additional soil sampling to test up to a 1.7 kilometer potential strike length. Multiple areas of black jasperoid were noted during the sampling. Dave Mathewson, Director and Geological Advisor, described the anomaly as a 'mine deposit-scale anomaly' and a 'significant discovery indication event'. The geochemical levels of gold and associated pathfinder elements suggest the presence of a significant Carlin-style gold deposit.

Phenom Resources Corp. (TSXV: PHNM) (OTCQX: PHNMF) has announced a partnership with MarketSmart Communications Inc. for investor relations services. The initial agreement is for six months, with Phenom paying $7,500 per month plus taxes. MarketSmart and partner Chad Levesque will each receive 100,000 stock options at $0.45 per share, vesting over 12 months.

In project news, Phenom has completed an IP/Resistivity survey at its Crescent Valley Gold Project, with data processing underway to focus drill targeting. Mapping and sampling continue at the Dobbin Gold Project, with results expected mid-August. For the King Solomon Gold Project, data consolidation and 3D modeling of previous drilling are in progress to plan future field activities and drilling stages.

Phenom Resources Corp. (TSXV: PHNM, OTCQX: PHNMF, FSE: 1PY0) announced significant progress on various projects and corporate activities. The company has engaged Zonge International Geophysical Services for a geophysical survey at the Crescent Valley Gold Project, expected to complete in under three weeks.

At the Dobbin Gold Project, ongoing geological mapping and soil sampling have identified two significant anomalies. The King Solomon Gold Project is in the data consolidation phase, with field activities and drilling next steps being planned.

Phenom holds a 5% equity in MK Plus, a Japanese solid-state vanadium battery group, and discussions for funding their first battery plant are underway. The company is also pursuing new funding opportunities through the Department of Environment's Office of Clean Energy Demonstrations.

Additionally, Phenom received refunds on reclamation bonds for successful reclamation at the AVP, Section 22, and Smoke projects.

Phenom Resources Corp. (TSXV: PHNM, OTCQX: PHNMF, FSE: 1PY0) announced an option agreement to acquire 26 additional claims for the King Solomon Gold Project in Nevada. This expansion increases the project area by 210 hectares, making the total 1,651 hectares. The King Solomon project, located 32 km south of Phenom's Dobbin Gold Project, is believed to host a Carlin-type gold system. Drilling has confirmed mineralization, with surface samples reaching up to 8.4 g/t Au. The option agreement entails payments totaling US$105,000 over four years, with a 3% net smelter return royalty. Phenom can purchase up to a 2% NSR for US$3.0 million.

Phenom Resources Corp. has entered into an option agreement to acquire up to a 100% interest in the King Solomon Gold Project in central Nevada. The project comprises 178 claims over approximately 1,140 hectares and is near Phenom's Dobbin Gold Project. Historically, the area shows promise for Carlin-type gold deposits. The option agreement includes a four-year period with payments totaling $150,000 and 75,000 shares issued. The vendor retains a 3% net smelter return royalty, with Phenom having the option to buy up to 2% of this for $3 million. The agreement is subject to TSX Venture Exchange approval.