Havilah Resources Limited plans to sequentially develop its portfolio of gold, copper, iron, cobalt, tin and other mineral resources in South Australia. Our vision is to become a new mining force, delivering value to our shareholders, partners and the community.

168 million Ordinary Shares -- 36 million Listed Options -- 9 million Unlisted Options

ASX and Media Release: 7 June 2016 ASX Code: HAV

Portia Gold Mine Bullion for Shipment to Refiner

HAVILAH RECEIVES FIRST PAYMENT FOR GOLD SALES

HIGHLIGHTS

• Proceeds received from the sale of Havilah's first refined gold.

Havilah Resources Limited ("Havilah" or "Company") is pleased to report that on Friday, 3 June 2016, the first gold sales from the Portia Gold Mine were finalised. The Company realised approximately $266,000 after settlement costs, from the sale of approximately 165 ounces (Approximately 5 kg). This represents the 50% share of the gold revenue under the revenue sharing agreement with Consolidated Mining and Civil, our mining partner at the Portia Gold Mine. Subsequently, additional gold shipments have been dispatched to the refiner and payments will be received in due course. Future gold sales will be reported in quarterly production reports in accordance with normal ASX reporting requirements.

Commenting on this historic milestone, Havilah Managing Director, Dr Chris Giles, said:

"This is the first mining income received by Havilah and is the most significant financial milestone achieved in our history.

"We have now succeeded in executing the entire process from exploration through mining, processing and sale of gold, which is a great tribute to the persistence and dedication of our staff over many years" he said.

For further information visit www.havilah-resources.com.au

Contact: Dr Chris Giles, Managing Director, on (08) 8338-9292 or email:[email protected]

www.havilah-resources.com.au HAVILAH RESOURCES LIMITED

ABN 39 077 435 520

MAIL: 31 Flemington Street, Glenside, SA 5065 Australia EMAIL: [email protected]

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