Phenom Resources Corp. provide a progress report on project and corporate activities. The Company has a very busy agenda.

Crescent Valley Gold Project: The Company has engaged Zonge International Geophysical Services to conduct a geophysical survey on the Company's Crescent Valley Gold Project. Crews are currently in the field and are expected to take under 3 weeks to complete the IP/Resistivity program. The geophysical program is designed to provide important focus to vein-hosted mineralization in this bonanza-type low sulfidation epithermal setting for better drill targeting.

In anticipation of results of this program, the Company has already secured a permit to drill targets at Crescent Valley. Dobbin Gold Project: An experienced Nevada-based geologist with extensive familiarity with Carlin-type deposits has been detail- mapping the Dobbin Project since mid May, identifying key stratigraphic units, finding multiple altered areas, more jasperoid than indicated by initial work, and evidence of altered dykes which are all positive ingredients of Carlin-type systems. A series of progressive soil sampling campaigns have been done to-date to reproduce the gold anomaly previously identified in the 1980's by Newmont and has had positive outcomes; two sizeable anomalies have been identified. An infill and expansion soil sampling program were completed last week with samples delivered to the lab.

The results of the collective expanded soil campaigns and next steps will be reported once the anomalies are better outlined and quantified. King Solomon Gold Project: Data consolidation and compilation has been going on since announcing the project acquisition last month. The Company is nearing the end of that stage so that Company geologists can design next steps which would include field activities and multi-stages of drilling so that permitting can be designed accordingly.