Ann: New CEO to drive WA goldfield focused exploration strategy, page-4

Incoming CEO Simon Phillips commented: “After many years working in the West Australian
investment industry, gaining considerable hands-on experience funding gold explorers and producers, I
see TSC as an outstanding and challenging opportunity. The three WA gold assets are high quality and
deliver excellent exploration upside, which is now the Board’s core focus moving forward. I’m very much
looking forward to working with TSC’s geology team to further develop our WA assets, especially the Mt
Dimer Mining Lease, and creating value for shareholders.”
TSC’s Chairman Rob Scott commented: “The Board is delighted to secure Simon’s services as CEO,
as his extensive experience funding gold explorers and producers, combined with his excellent network
across the investment community, provides us with a uniquely blended skillset to drive the Company’s
forward strategy. Simon’s first priority will be to oversee an accelerated exploration strategy across our
three WA goldfield properties, focusing particularly on Mt Dimer, at which high-grade open pit mining has
previously been conducted and significant gold mineralization since intersected in exploration drilling. As
CEO, Simon will also be responsible for our market and wider stakeholder communications strategies.
We look forward to Simon commencing in the CEO role with effect from 1 February 2021, in tandem with
TSC establishing Perth as its new head office, and to the commencement of drilling at Mt Dimer [this
quarter]. Finally, the Board thanks outgoing CEO Ian Warland for his significant contribution to TSC over
the past several years and wishes him well with his new business endeavo