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ENOVA MINING LIMITED Interim / Quarterly Report 2016

Jan 28, 2016

64858_rns_2016-01-28_8f58d94f-7db3-494e-b6e9-cf985217882a.pdf

Interim / Quarterly Report

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29th January 2016

Company Announcements Office Australian Securities Exchange Limited 4th Floor 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam

QUARTERLY REPORT FOR PERIOD ENDED 31 DECEMBER 2015

The Market was advised on 1 December that Pancontinental Uranium Corporation (“PUC”) had received shareholder approval and that the sale of its 43.72% interest in the Joint Venture with Crossland Strategic Metals Ltd was final.

Our new Joint Venture Partner is Essential Mining Resources Pty Ltd. (“EMR”). EMR is a private Australian-based company which is 100% owned by EMMCO Mining Sdn Bhd, a private Malaysian company held beneficially by a consortium of South East Asian investors.

As advised, we look forward to working with our new partners and a budget is being finalised at present for the 2016 year and will be approved by the JV Committee in the near future. We will advise of these plans when finalised.

The Company has been assured that funding will be provided for the future quarter on an as required basis.

The market will be kept appraised of developments as required under ASX Listing Rules and in particular Continuous Disclosure.

Yours sincerely

M K Smartt Director /Company Secretary

CROSSLAND STRATEGIC METALS 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