Nova Mining Corp. announced today that the Company has moved to secure
valuable Lithium supplies by executing a Letter of Intent with Mongolian
National Mining Consultants Limited (MNMC) for the exclusive right to purchase
100% of the Lithium produced from MNMC mining properties at a discount to
market price. As part of the deal, Nova Mining will have the right to perform
Due Diligence, prior to both parties negotiating a Definitive Mineral
Production Agreement.

Mongolian National Mining Consultants Limited is a Hong Kong company, with
its principal business operations in Ulaanbaatar, Mongolia. MNMC is the
registered owner of multiple mining properties that are located in Mongolia.
Recent Surveys of MNMC’s mining properties indicate significant quantities of
commercially recoverable Lithium reserves.

Nova Mining Corp. (NVMN) seeks the most out potentially lucrative mining
projects and supplies of strategic high-demand minerals, such as Lithium, as
part of its newly-instituted aggressive business model. Lithium is the main
ingredient in long life batteries, like those used in many of Apple’s (NASDAQ:
AAPL) popular electronic devices and General Motor’s (NYSE: GM) new Volt
electric automobile. Lithium is currently in very high demand and is forecasted
by MarketResearch.com to quadruple from an $11 Billion market to $43 Billion
market.