Nova Mining Corp. (OTCBB: NVMN) announced today that they
are working out logistics for using rail between Mongolia and Shenzhen, China
as a desired means for transporting lithium. The Company is currently pursuing
a Definitive Agreement 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. Recently, the Company
learned that it may have as much as $12Bil in lithium product available at the
MNMC properties in Mongolia. Company management has come to the decision that
rail could offer lower costs, more reliable scheduling and quicker delivery.

The importance of reliable transportation and quicker prices worldwide as
the recent iPad launch had. As such, Company management feels that any
escalating demand on already short lithium supplies may leave some buyers out
in the cold.

Nova Mining Corp enjoyed recent successful negotiations concerning supplying
lithium in Shenzhen, receiving three supply deals for the critically short
mineral in July. Management would like to take advantage of the close proximity
of Mongolia to Shenzhen and any transportation positives available. As part of
the Company”s business model, reliable supply of product could become a
valuable point of leverage in the current lithium “seller”s market”.

Nova Mining Corp. (NVMN) seeks out the most potentially lucrative mining
projects, supplies and sales of strategic high-demand minerals, such as
lithium, as part of its aggressive economic business model. Lithium is the main
ingredient in long life batteries, like those used in Apple”s popular iPhones
and iPads, Google”s (NASDAQ: GOOG) new Nexus 7 tablet and Tesla Motor”s
(NASDAQ: TSLA) new performance electric cars.

Business Wire