Slide 1: Unlocking High Value Critical Mineral Assets in Brazil and Australia
For personal use only Unlocking High Value Critical Mineral Assets in Brazil and Australia Investor Presentation: IMARC 2025 | October 2025
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by Enova Mining Limited (“Enova” or “the Company”), by its very nature exploration for minerals and mineral project studies are a high-risk business and the risks may not be suitable for certain investors. Potential investors should consult their stockb
Slide 3: Leadership Backed by Deep Industry Experience
LEADERSHIP BACKED BY DEEP INDUSTRY EXPERIENCE Dato’ Sia Hok Kiang Corporate Overview Non-Executive Chairman For personal use only Mr. Dato’ Sia is Managing Director of the successful Malaysian private mining company, Malaco Mining Sdn. Bhd. He is a graduate of the $0.011 1,579M $15.8M University of
Slide 4: Enova's Strategy and Commitment
ENOVA’S STRATEGY AND COMMITMENT For personal use only 4 4
Slide 5: Enova at a Glance
For personal use only ENOVA AT A GLANCE 5 5
Slide 6: Enova's Brazilian Rare Earth and Lithium Project Portfolio
ENOVA’S BRAZILIAN RARE EARTH AND LITHIUM PROJECT PORTFOLIO East Salinas Project For personal use only San Antonio Project Coda Projects Carai Project Minas Gerais São Paulo Belo Horizonte Resplendor Project São Paulo Poços Projects Minas Gerais São Paulo Juquiá 6 6
Slide 7: Enova's Brazilian Project Portfolio: Positioned for the Future
ENOVA’S BRAZILIAN PROJECT PORTFOLIO: POSITIONED FOR THE FUTURE Building a global footprint in Rare Earths, Titanium & Strategic minerals For personal use only (CDN-DD-0020)2 • 0.83% TREO and 32% NdPr (CDC-AD-006)3 0.9% TREO and 22.7% NdPr CDC-AD-006)4 TREO (Total Rare Earth Oxides) 1 ASX Announcemen
Slide 8: East Salinas Project - Emerging Rare Earth System
EAST SALINAS PROJECT-EMERGING RARE EARTH SYSTEM Scalable hard rock REE System emerging at East Salinas For personal use only • Large intrusive granitic outcrop, drilling to commence soon • High-grade REE mineralisation • Peak TREO assays up to 2.17% (21,718 ppm) NdPr oxide concentrations up to 7,209
Slide 9: East Salinas High-Grade Rare Earth Project – High Priority Drill Targets
EAST SALINAS HIGH-GRADE RARE EARTH PROJECT – HIGH PRIORITY DRILL TARGETS Rare Earth breakthrough in Brazil’s critical minerals For personal use only corridor Three outcrops (Bald, Naked and Hairy Hills) over a strike length of 4 km that could potentially join by form one body • Maiden drill campaign
Slide 10: East Salinas High-Grade Rare Earth Project – Standout Rock Chip Results
EAST SALINAS HIGH-GRADE RARE EARTH PROJECT – STANDOUT ROCK CHIP RESULTS Strong rare earth grades reinforce For personal use only exploration upside • 2.17% TREO (21,718 ppm), 26.82% NdPr, EAS-RO-078 • 2.12% TREO (21,222 ppm), 22.32% NdPr, EAS-RO-046A • 2.00% TREO (19,978 ppm), 37.79% NdPr, EAS-RO- 0
Slide 11: CODA Group of Projects - Clay-Hosted Titanium & Rare Earth System
CODA GROUP OF PROJECTS-WORLD CLASS CLAY-HOSTED TITANIUM & RARE EARTH SYSTEM For personal use only District-scale opportunity for rare earth and strategic metals • Multicommodity Potential: Presence of scandium, niobium, and other critical metals enhances project value • Strategic Outlook: CODA North
Slide 12: CODA North Project - Mineralisation for Energy Transition
CODA NORTH PROJECT - MINERALISATION FOR ENERGY TRANSITION High grade titanium & rare earth strategic potential For personal use only Titanium discovery: Multiple intercepts exceeding 15% TiO₂, confirming co-mineralisation with rare earths Key TiO₂ assays: • 48m @ 12.1% TiO₂ including 14m @ 19.2% TiO
Slide 13: CODA North Project - Expanding Brazil's Critical Mineral Footprint
CODA NORTH PROJECT- EXPANDING BRAZIL’S CRITICAL MINERAL FOOTPRINT Clay-hosted titanium & rare earth discovery in Brazil For personal use only • Location: CODA North Project, Brazil located within 30kms of Patos De Minas, Minas Gerais, Brazil • Drilling Milestone: Over 3,000m drilled across 24 diamon
Slide 14: CODA North Project - Significant Titanium and REE Results
CODA NORTH PROJECT- SIGNIFICANT TITANIUM AND REE RESULTS Drilling Project Area Number of Drill Holes Total Meterage Diamond drill holes CODA North 24 1,310 m RC drill holes CODA North 40 1,791 m For personal use only RC drill holes CODA Central 6 297 m Total 62 3,398 m • 48m @ 12.1 %TiO2 from surfac
Slide 15: CODA North Project, Brazil - Significant Results
CODA NORTH PROJECT, BRAZIL-SIGNIFICANT RESULTS For personal use only ASX Announcement: 18 February 2025 and 10 February 2025 15 15
Slide 16: CODA Central Project - Drilling Expands to the East
CODA CENTRAL PROJECT-DRILLING EXPANDS TO THE EAST Drilling Type Project Drill Holes Metreage Reverse Circulation (RC) CODA Central 6 297 m For personal use only Auger CODA Central 11 193 m Auger CODA East 3 47 m Total 20 537 m Assays from auger drilling* • 25m @ 14.54% TiO₂ from 1m (CDC-AD-006), inc
Slide 17: New Frontiers and Upside - Santo Antonio do Jacinto and CODA East
NEW FRONTIERS AND UPSIDE- SANTO ANTONIO DO JACINTO AND CODA EAST Brazil’s potential new critical mineral plays For personal use only • Geochemical Sampling Initiated at Santo Antônio do Jacinto – targeting rare earth potential within fertile granitic systems • Auger Drilling Commenced at CODA East –
Slide 18: Poços - World Class IAC Rare Earth Region
POÇOS - WORLD CLASS IAC RARE EARTH REGION Brazil’s premier ionic adsorption clay Rare Earth district For personal use only • Strategically located within and adjacent to the Poços De Caldas Alkaline Complex • The largest alkaline igneous complex in the Southern Hemisphere • Tenements host an extensi
Slide 19: Poços – High Grade Ionic Clay Rare Earth Region
POÇOS – HIGH GRADE IONIC CLAY RARE EARTH REGION Poços de Caldas: Brazil’s next global ionic clay Rare Earth hub For personal use only Shallow hand-operated auger drilling results • A1-TR001-001 including 3m @ 2,744 ppm TREO • A1-TR003-001 including 3m @ 3,030 ppm TREO • A1-TR006-001 including 3m @ 3
Slide 20: Lithium Valley Projects – Eastern Brazilian Pegmatite Province
LITHIUM VALLEY PROJECTS – EASTERN BRAZILIAN PEGMATITE PROVINCE (EBPP) Carai and Resplendor positioned for discovery in Brazil’s lithium belt • Located in a Tier-1 hard rock lithium district within the Eastern For personal use only Brazilian Pegmatite Province • >19,000 ha landholding contiguous and
Slide 21: Juquiá Project - Rare Earth Carbonatite Complex
JUQUIÁ PROJECT- RARE EARTH CARBONATITE COMPLEX Juquiá alkaline carbonatite complex • Geological setting characterised by alkaline and carbonatite For personal use only rocks, highly prospective for critical mineral enrichment • Known to host rare earth elements (REEs), apatite, niobium 37 Ha and ass
Slide 22: Charley Creek – Northern Territory, Australia
CHARLEY CREEK – NORTHERN TERRITORY, AUSTRALIA Strategic REE development in the heart of the Arunta province • Large rare earths and industrial minerals project in a 100%- For personal use only owned, 515km² tenement package • Located in a tier-one, pro-mining jurisdiction in the Northern Territory •
Slide 23: Charley Creek Project Burt Plains Tenement Holdings
CHARLEY CREEK PROJECT BURT PLAINS TENEMENT HOLDINGS Tenement Name / Location Owner AREA (Km2) EL 24281 Charley Creek CNPL 100% 116.60 For personal use only EL 25230 Cockroach Dam CNPL 100% 289.00 EL 27358 Hamilton Downs CNPL 100% 25.17 EL 31947 Cloughs Dam CNPL 100% 59.57 Charley Creek 1 490.34 EL 2
Slide 24: Next Steps
NEXT STEPS East Salinas REE Project • Diamond drilling to commence, targeting Bald, Naked, and Hairy Hills, plus Saddle Zones For personal use only • First drill assay results expected in Q4 2025 • Ongoing metallurgical test work to confirm heavy mineral concentration methods • Geological model refi
Slide 25: Enova Mining: Diversifying for the Global Critical Minerals Supply Chain
Enova Mining: Diversifying for the Global Critical Minerals Supply Chain For personal use only 25 25
Slide 26: Contact
Eric Vesel For personal use only www.enovamining.com CEO & Executive Director +61 3 9867 7199 Registered Office contact@enovamining.com 5B/8 Station Street, Moorabbin Victoria, 3189, Australia