New Century Resources Limited announced the appointment of Mr. Robert Cooper (Rob) as Managing Director and Director, effective 16 September 2022. Mr. Cooper's mining career has spanned more than 30 years, during which time he has developed a strong track record in the management of multiple large-scale mining assets, operational cost control, business improvement and technical evaluation. Most recently, Mr. Cooper led Round Oak Minerals Pty Limited (Round Oak) as Chief Executive Officer.

At Round Oak, he was responsible for the development and operation of a portfolio of Australian base metal mines before the successful sale of the business in June 2022. Prior to his role with Round Oak, Mr. Cooper has held senior management and operational roles in both underground and open pit mining operations in most states of Australia, as well as Canada and Africa, working with BHP, Discovery Metals, CBH Resources, Wheaton River Minerals and Sons of Gwalia. Mr. Cooper holds Bachelor of Engineering (Mining) and Master of Engineering Science (Underground Mine Planning) degrees, both from The University of Queensland.

The integration of Mr. Cooper into the New Century team is well underway, having already served in a strategic advisory role to the Company over the past two months. Current New Century Managing Director, Patrick Walta (Pat), will step down from the Board with effect from 16 September 2022, having served in the role for over five years and overseen the growth of the business from the Century acquisition, through start up, and into steady state operations. He will continue to provide interim services to New Century to ensure a smooth transition in role and responsibilities to Mr. Cooper.