ENOVA MINING LIMITED — Capital/Financing Update 2011

Apr 4, 2011

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5 April 2011

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

Dear Sir/Madam

CROSSLAND SUCCESSFULLY COMPLETES PLACEMENT AND RECOMMENCES DRILLING AT CHARLEY CREEK, NT

Placement

The Directors of Crossland Uranium Mines Limited (Crossland or the Company) (ASX:CUX) are pleased to announce that the Company has successfully completed a placement of 16.6 million shares at an issue price of $0.175 per share to raise approximately $2.9 million (the Placement).

The Placement, which was lead and managed by Taylor Collison, will be conducted in 2 tranches, the first tranche of 11.5 million shares is scheduled to settle on Friday, 8 April, with the second tranche of 5.1 million shares to be issued subject to Crossland shareholders ratifying the issue of employee and consultant options at the Annual General Meeting to be held on 6 May 2011.

Share Purchase Plan (SPP)

The Directors have also resolved to offer shareholders the opportunity to acquire additional shares under a Share Purchase Plan, with shares to be issued at the same price per share as the Placement. The Company will provide more details to shareholders regarding the SPP shortly.

Drilling now in progress on Rare Earth Project

The funds will be used to advance Crossland’s Charley Creek Project in the Northern Territory. Crossland advises that on March 31, 2011, an air-core drill program commenced at the Charley Creek Project.

The drill program, contracted by Crossland to specialist air-core operators, Budd Drilling Pty Ltd, will extend for six

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Collaring the first drill hole at Cattle Creek, 31 March, 2011.

weeks, and it is anticipated that over 8,500m of drilling will be completed in 250- 300 holes, depending on depths to hard rock.

The first 50 holes will be drilled to scope the recentlyannounced discovery at the Cattle Creek rare earth element (REE) Prospect. As of 4 April 2011, 25 holes had been drilled at Cattle Creek. The first 271 samples from this program were submitted to the laboratory on 4 April. A turnaround on results of about four weeks is anticipated.

The Cattle Creek Prospect was revealed by re- assay for REE of samples collected in a 2008 Crossland exploration program for uranium. Five metres of REE mineralisation, which averaged 1.03% Total Rare Earth Oxides (not including Y) from 37m was identified in hole CCA121, and the up drilling has commenced around this discovery hole. Stream sediment sampling results that - support the intersection indicate that the area that warrants testing covers an area of around 40 square kilometres.

CROSSLAND URANIUM MINES LIMITED

ABN 64 087 595 980

PHONE: +61 8 89815911 FACSIMILE: +61 8 89411364 EMAIL: geupene@crosslanduranium.com.au ADDRESS: Unit 8, Raffles Plaza, 1 Buffalo Court, Darwin 0800, NT; GPO Box 2437, Darwin, 0801, NT, AUSTRALIA

Following completion of the scoping drilling at Cattle Creek, the rig will move to Cockroach Dam Prospect, where sampling of an alluvial resource is advanced. The rig is needed to collect samples from deeper alluvium than could be sampled using auger drills that have completed the rest of the program. This drilling should finalise the field work required to produce an initial Resource estimate from the Cockroach Dam Alluvial deposits.

The rig will then move to test a selection of the large areas of alluvial fans that drain north from the MacDonnell Ranges, where Crossland hopes to define viable volumes and grades of REE to support a long term sand mining operation producing heavy minerals containing REE and zircon. It is expected that by the time this work is completed, the results of the scoping drilling at Cattle Creek will have been received, and the rig will conclude this program by completing a second stage program at Cattle Creek.

Yours sincerely

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G S Eupene Exploration Director / CEO

The review of exploration activities and results contained in this report are based on information compiled by Geoffrey S Eupene, B.Sc(Hons) FAusIMM CP, Fellow of the Australasian Institute of Mining and Metallurgy. He is a director of the Company and a full time employee of Eupene Exploration Enterprises Pty Ltd. He has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration, and to the activity which he is undertaking to qualify as a Competent Person as defined in the December 2004 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code). Geoffrey S Eupene has consented to the inclusion in this report of the matters based on his information in the form and context in which it appears.

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