NVMN: Expert Reports Electric Cars Could Drive up Lithium Prices an Additional 20 Percent Annually

SAN ANTONIO--Sept. 10, 2012: Nova Mining Corp. (OTCBB: NVMN) management was pleased to learn that on Friday, International Business Times reported that "Growing global demand for electric cars like the Tesla Model S and Ford Focus Electric could drive demand for lithium up by as much as 20 percent per year, benefiting chemical and mining companies". The full article, by Benjamin Reeves, may be seen at Lithium Electric Car

Nova Mining Corp President James Dilger successfully has led the Company to focus on taking advantage of ideal market conditions for lithium as consumer demand for long-life batteries, such as those used in Apple's popular products and in electric vehicles, continues to pressure current supplies and increase prices. Nova Mining Corp recently learned that it may have up to $12 Bil in lithium currently under contract in Mongolia. Since Mongolia is connected by quality rail service to China's manufacturing centers, Company management believes that it is in the best position to take advantage of the current lithium "seller's market".

China is a leading manufacturer of components for smartphones and tablets. Nova Mining Corp has already been engaged by three Chinese battery manufacturers for lithium supplies.

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.