Tungsten West announced that the Company's Chairman, Robert Ashley, has taken the decision to retire and therefore will be stepping down from his position on the Board with immediate effect. The Board thanks Rob for his all his efforts and hard work since joining the Company in September 2021, including steering the Company through a successful IPO, and wish him all the best in his retirement. The Company announced that David Cather, Senior Independent Non-Executive Director, will become Chairman of the Board.

David joined the Company in September 2021 and was previously, the CEO of Abu Dhabi Capital Group, a private institutional investment house located in the United Arab Emirates, and before that CEO of Avocet Mining plc, a gold production company operating in Burkina Faso. Additionally, Martin Wood has been appointed to the Board and will assume the role of Senior Non-Executive Director. Martin is the Managing Director and founder of Vicarage Capital Limited, a full-service brokerage house for junior and mid cap resource companies.

He is also Non-Executive Chairman of Altona Rare Earths Limited where working closely with the CEO he aided the negotiations of the acquisition of rare earths development assets in Mozambique and Malawi. Martin's experience in debt and equity markets and the development of resource assets will be of great value to the Company as it restarts Hemerdon. His former directorships include ASX listed Kogi Iron Ltd. and JSE listed Arden Capital Limited.