Quarterly Activities Report For the Period Ending 30 September 2015 About Tian Poh Overview Resources Limited • Signed an agreement to purchase Modun Resources LLC in Tian Poh Resources Mongolia, the 100% owner of the Nuurst Thermal Coal Project, from Limited (ASX: TPO) was Modun Resources Limited (ASX: MOU). Transaction has since been incorporated with the completed. purpose of investing in minerals projects in Mongolia. • The Nuurst Thermal Coal Project has JORC (2004) Reportable Coal TPO listed on the ASX in Resource of 478.3 million tonnes (326.1 million tonnes Measured, November 2014. 103.8 million tonnes Indicated, 48.4 million tonnes Inferred). It is located 120km south east of Ulaanbaater. The Company intends to immediately commence planning development of the Project. • Completed 1,000m of due diligence drilling at the Khuvyn Khar Porphyry Complex, related to the potential acquisition of an interest in the Zuun Mod Porphyry Molybdenum-Copper Deposit from Erdene Resources Development Corp (TSX: ERD). Projects The Company’s licenses are grouped into five project areas across Mongolia (Figure 1): • Amulet Project in the Govi-Altai Province; • Mandal-Urghukh Project in the Umnugovi Province; • Khangailand Project also in the Umnugovi Province; • Huabei Kuangye Project in the Bayankhongor Province; and • Nuurst Project in the Tov Province of Central Mongolia. The Company also has an option to acquire 51% of the Zuun Mod Project located in the Bayankhongor Province (Figure 1). Figure 1: Locality Map of the Company’s Mongolian Projects 30 September 2015 Quarterly Activities Report 1 Activities during the quarter Nuurst Thermal Coal Project On 11 August 2015, the Company announced that it signed an agreement with Modun Resources Limited (ASX: MOU) to purchase Modun Resources LLC of Mongolia, which owned 100% of the Nuurst Thermal Coal Project (Nuurst Project). The acquisition was completed on 27 August 2015. The Nuurst Project is a wholly owned 2,497Ha exploration license located 129km south east of Ulaanbaatar in an area with a number of operating coal mines and 6km from existing rail infrastructure, allowing direct access onto the existing Trans-Mongolian Railway line. The Nuurst Project has a historic coal resource reported in accordance with the JORC Code (2004 Edition) of 478.3 million tonnes (Mt) of coal (326.1Mt Measured, 103.8Mt Indicated and 48.4Mt Inferred). The coal resource was compiled in November 2012 by consultancy CSA Global Pty Ltd. The coal type is considered to be sub-bituminous dominantly A to B coal, according to the U.S ASTM-ASA classification parameters and a brown to hard coal according to the UN-ECE Classification. Cautionary statement – The Mineral Resource estimate is regarded as a historic estimate and is not reported in accordance with the 2012 Edition of the JORC Code. The competent person has not done sufficient work to classify the historic estimates as Mineral Resources in accordance with the JORC Code 2012. The resources have been classified under the now superceded JORC Code (2004 Edition). No additional exploration has been undertaken on the project since these resource estimates were derived in 2012. It is likely, given access to a full raw dataset, a site visit and additional auditing of the existing resource reporting that the Competent Person will be able to report the Nuurst Project as Mineral Resources in accordance with the JORC Code 2012. The Company intends to immediately commence planning to develop the Nuurst Project. Additional details regarding the acquisition agreement, Nuurst Project and Competent Persons’ statement can be found in the Company’s ASX Announcement titled “Acquisition of Nuurst Thermal Coal Project & Capital Raising” released on 11 August 2015. Amulet Project No work was conducted on the project during the reporting period. Khangailand Project No work was conducted on the project during the reporting period. 30 September 2015 Quarterly Activities Report 2 Mandal-Urghukh Project No work was conducted on the project during the reporting period. Huabei Kuangye Project No work was conducted on the project during the reporting period. Zuun Mod Molybdenum-Copper Project (Option to Acquire 51%) The Company announced on the 15 July 2015 that it had secured a further extension until 11 December 2015 to acquire an interest in the Zuun Mod Molybdenum-Copper deposit from Erdene Resources Development Corp (TSX: ERD). As consideration for the extension, the Company must complete a minimum of US$500,000 of exploration work on the project, which is to include a minimum of 1,000 meters of diamond drilling by 30 October 2015. Drilling commenced in August 2015, with the assay results pending at the end of the quarter. Subsequent to the end of the quarter, results of this drilling were released to the ASX on 12 October 2015. The drilling program was designed to test the Khuvyn Khar North target zone, located on the northeastern part of the Khuvyn Khar Porphyry Complex. The target was selected on the basis of a series of coincident and overlapping geological, geophysical and geochemical features. Drill hole collar information and significant assay results are tabulated below. Azimuth Inclination Total Depth Hole ID East (m) North (m) RL (m) (Degrees (Degrees) (m) Magnetic) ZMD129 516,493 4,872,079 1,374 145 -60 450 ZMD130 516,500 4,872,366 1,377 145 -60 550 Table 1: Drill Hole Collar Information, Coordinates are in WGS84 Zone 47N From To Interval Copper Molybdenum Hole ID (m) (m) (m) (%) (%) ZMD129 6 12 6 0.114 ZMD129 32 42 10 0.011 ZMD129 36 50 14 0.114 ZMD129 54 138 84 0.011 ZMD129 74 76 2 0.118 ZMD129 88 90 2 0.124 ZMD129 106 108 2 0.114 ZMD129 120 122 2 0.120 ZMD129 152 158 6 0.014 ZMD129 172 248 76 0.014 Includes 194 196 2 0.058 ZMD129 184 186 2 0.106 ZMD129 198 204 6 0.102 ZMD129 222 244 22 0.097 ZMD129 278 282 4 0.016 ZMD129 292 302 10 0.006 ZMD129 338 340 2 0.118 Table 2: ZMD129 Significant Intersections, (Down hole intersections, true widths are not known). 30 September 2015 Quarterly Activities Report 3 From To Interval Copper Molybdenum Hole ID (m) (m) (m) (%) (%) ZMD130 2 16 14 0.1067 ZMD130 30 54 24 0.1173 ZMD130 46 48 2 0.044 ZMD130 66 160 94 0.1233 ZMD130 82 94 12 0.0138 ZMD130 148 156 8 0.0101 ZMD130 182 184 2 0.0131 ZMD130 182 194 12 0.0782 ZMD130 202 204 2 0.0132 ZMD130 224 258 34 0.0098 ZMD130 328 330 2 0.0405 ZMD130 352 354 2 0.0122 ZMD130 500 502 2 0.1840 Table 3: ZMD130 Significant Intersections, (Down hole intersections, true widths are not known). Additional details regarding the drilling program, competent persons’ statement and JORC 2012 Table 1 detailing the sampling techniques, data and reporting of exploration results can be found in the Company’s ASX Announcement titled “Completion of Due Diligence Drilling Program, Khuvyn Khar North Copper Prospect, Zuun Mod Project” released on 12 October 2015. Funding To assist with funding of the Company’s exploration programs and acquisition of the Nuurst Thermal Coal Project, the Company raised US$ 2,070,000 through the issue of convertible notes (“Notes”) on the following terms: Total Notes: 2,070,000 of US$1 each Minimum conversion: 100,000 Notes Conversion price: A$0.12 Interest rate on Notes not converted: 8% per annum, net of any interest withholding tax Interest payments: Annually in arrears Security: Unsecured Maturity: 8 June 2017 Mr. KP Poh Managing Director and CEO 30 October 2015 30 September 2015 Quarterly Activities Report 4 Competent Persons Statement The information in this document that relates to the Nuurst Mineral Resources is extracted from the ASX announcement entitled “Acquisition of Nuurst Thermal Coal Project & Capital Raising” released on 11 August 2015. The information in this document that relates to the Zuun Mod Exploration Results is extracted from the ASX announcement entitled “Completion of Due Diligence Drilling Program, Khuvyn Khar North Copper Prospect, Zuun Mod Project” released on 12 October 2015. These reports are available to view at www.tianpoh.com. The Company confirms that it is not aware of any new information or data that materially affects the information included in these ASX announcements and that all material assumptions and technical parameters underpinning the estimates in the ASX announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Persons’ findings are presented have not been materially modified from the ASX announcement. The information in this report that relates to Exploration Results is based on information compiled by Mr. Samuel Ulrich, an independent Consultant Geologist with over 20 years of experience. Mr. Ulrich who is member of the Australasian Institute of Mining and Metallurgy (AusIMM) and the Australian Institute of Geoscientists (AIG) has sufficient experience, which is relevant to the style of mineralization under consideration and to the activity being undertaken to qualify as a “Competent Person”, as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves and consents to the inclusion in this report of the matters based on information in the form and context in which they appear. 30 September 2015 Quarterly Activities Report 5 Section 2 Reporting of Exploration Results Criteria JORC Code explanation Commentary Mineral • Type, reference name/number, location and • Appendix 1 ownership including agreements or material tenement and land tenure issues with third parties such as joint ventures, partnerships, overriding royalties, status native title interests, historical sites, wilderness or national park and environmental settings.