Gold Mountain Limited announced that Managing Director Timothy Cameron has on 16 March 2023 resigned as a director of the Company, but will continue as the Company's CEO. The Board has also appointed Mr. David Evans and Mr. Aharon Zaetz as non-executive directors of the Company, effective immediately. David Evans is the founder, executive director and a major shareholder of Mars Mines Limited with business experience spanning over 28 years in the mining industry, financial services sector and more recently as an entrepreneur and Company founder/Director.

Holds a Bachelor of Science Degree majoring in Geology and Environmental science from Macquarie University, Australia. He worked in the stock broking industry as both a Mining Analyst and Securities Dealer as well as in corporate finance and investment banking departments arranging prospectuses and ASX listings, IPOs, mergers and acquisitions in particular for mining companies. He is an Executive Director at Volcan Mining Limited.

David has a strong track record for assembling mining and exploration assets across a range of mineral commodities in Australia and internationally and successfully funding and listing those assets on the ASX. Since beginning work in 1994 as a geologist, he has worked with various successful Australian mining projects including Great Central Mines NL's 8 million ounce gold project Bronzewing Gold Mine, Anaconda Nickel NL's Murrin Murrin Nickel Cobalt Project and Ashton Mining Ltd. high-grade Merlin Diamond Project in the Northern Territory. Aharon Zaetz is a lawyer and experienced director.

He brings many years of legal expertise in corporate law, mergers and acquisitions, and business negotiations to his role including experience negotiating with tenement holders and landowners. As a seasoned lawyer, Aharon has assisted clients at all stages of their business journeys, from start-ups to established corporations. He is an experienced ASX investor and GMN shareholder.

Aharon is a Director and Company Secretary for a number of companies and serves on several nonprofit boards. Aharon earned his DipLaw from the LPAB at the University of Sydney and is admitted to Practice as a solicitor by the Supreme Court of NSW.