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ENOVA MINING LIMITED AGM Information 2011

May 4, 2011

64858_rns_2011-05-04_5210ed94-5deb-49b2-89ec-fdccd85bd461.pdf

AGM Information

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6 May 2011

Company Announcements Office Australian Stock Exchange Limited 4[th] Floor 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam

ADDRESS TO BE MADE BY CHAIRMAN FOR AGM FRIDAY 10.30am 6 MAY 2011

“It has now been more than 4 years since your board went to shareholders and new investors to raise additional funds. As you will be aware, we have recently approached shareholders and new investors in order to top up funds needed continue working our prospective tenements, seek new opportunities, and to run the company. I would like to thank those that have provided ongoing financial support for the company, as well as any new shareholders that have joined us as a result of that fund raising.

That we were able to achieve that 4 year period while remaining active in the field throughout that time was due in no small way to the JV agreement with the Canadians, Pancontinental Uranium Corporation (TSXV: PUC), who have now earned their 50 percent interest in the majority of our projects. This new 50:50 arrangement via a 4 person Steering Committee heralds a new way of working with the PUC team as we go forward from here, bringing with that to CUX’s program the experience and knowledge of long-term successful participants in resources exploration and development.

You will also be aware of our growing identification and understanding of the distribution of Rare Earth elements on our Charley Creek prospect in Central Australia. At this stage of our longer term plan we had intended to be moving into the advanced exploration stage on a number of our most interesting uranium anomalies, particularly at the Chilling prospect in the north of the Northern Territory. However your board believes that there is a window of opportunity for Crossland with our rare earth finds, and that this should be the focus of our activity for the next 12 months or more in order to make the most of this for our shareholders. Although this rare earth work will command the bulk of our resources, we remain aware that many of our shareholders became investors in Crossland through a belief in the future of uranium and the ability of members of our team to find and deliver world class deposits. Hence we will still be furthering some of the high interest developments the team has identified in uranium.

CROSSLAND URANIUM MINES LIMITED ABN 64 087 595 980 PHONE: +61 8 89815911 FACSIMILE: +61 8 89411364 EMAIL: [email protected] ADDRESS: Unit 8, Raffles Plaza, 1 Buffalo Court, Darwin 0800, NT; GPO Box 2437, Darwin, 0801, NT, AUSTRALIA

Widespread and unprecedented rainfall this year across much of Northern and Eastern Australia has limited access to most of our exploration areas for much longer periods than normal, and this has occurred at times we had planned and would have expected full scale exploration activity. This has required a reorganization of our field teams and pushed activities such as drilling programs for 2010 into the 2011 exploration season. The upside of that (there are always two sides to the coin) is that we have been able to use our people to do extensive sampling of the alluvial sediments containing the rare earths – an essential part of quantifying resources in alluvial deposits. We expect to be able to announce our first of three rare earth resources at the Charley Creek prospect in the next few months.

The recent tsunami in Japan which severely damaged the Fukishima nuclear power plant will set back the expected re-growth of the nuclear industry, with the inevitable ripple back to uranium supply and price now being seen. Once the true extent of community impact is known and response to the reactor damage is brought fully under control, the lessons learnt will no doubt lead to design features and retro-fits to further improve safety of this vital contribution to meeting the world’s need for reliable power supply. The anticipated impact on near-term uranium price and demand has also greatly influenced your directors in reviewing our exploration plan for 2011/12, and in particular the balance between our REE and uranium prospects.

I will leave it to Geoff Eupene, our CEO and Exploration Director to provide you with more progress details, especially about our good quality REE grades showing relatively strong fraction of the heavy rare earths when compared to many of the known REE deposits internationally. An accelerated exploration program has been presented to the CUX board and the JV steering committee for approval aimed at being able to announce an initial JORC resource.

A combination of good REE oxide grades in loosely consolidated alluvial surface material means that we expect costs to produce a concentrate of these REE oxides to be low, as well as requiring a relatively short lead time to produce a marketable product.

With this also only recently being combined with an even higher REE grade indication in bedrock below the alluvial deposits on the flats, we feel that we have potential for a major REE resource.

I would like to take this opportunity to thank our staff and my fellow directors for their efforts during 2010. I look forward to being able to report on exciting developments for Crossland as they unfold during 2011.

Bob Cleary Chairman 06 May, 2011

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