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MARCELLUS, N.Y.--(BUSINESS WIRE)--Nova Mining Corp. (OTCQB: NVMN) disclosed today that the Company has
launched a new dynamic website at www.nova-mining.com
detailing the Company, its management team, mining and investor
information.
Specifics of the Company???s Bittern Lake Project are also featured on the
new website. The Bittern Lake Project site consists of 256 Hectares in
Saskatchewan, Canada. Saskatchewan is documented to contain vast
Diamondiferous Kimberlite formations and reported to have the largest
potential for diamond mining in the world. Reports covering finds of
massive Diamondiferous Kimberlite formations near the Company???s Bittern
Lake Project and reports detailing very positive diamond mining
possibilities in Saskatchewan are also linked on the new website for
review.
Nova Mining Corp. (NVMN) strongly believes that current market
conditions are extremely favorable for diamond prices and sales due to
the new significant demand being placed on the existing worldwide
diamond supply. New manufacturing methods requiring superior cutting
materials, the need for more diamond tipped oil drilling bits and
rapidly rising demand in Asia has resulted in staggering price increases
of 49% in just the first half of 2011, accelerating after two years of
30% annual growth. Due to these steadily increasing market trends, the
Company is initially focusing on diamonds as a stronger investment
commodity to mine than gold, silver or platinum.
Nova Mining Corp. (NVMN) aggressively searches out and acquires the most
promising strategic mining resources worldwide. NVMN competes in an
industry sector that includes the Harry Winston Diamond Corporation
(NYSE: HWD), the Hecla Mining Company (NYSE: HL) AngloGold Ashanti Ltd.
(NYSE: AU), and Harmony Gold Mining Ltd. (NYSE: HMY).
About Nova Mining Corp. (OTCQB: NVMN)
Nova Mining Corp. is a for-profit corporation focused on developing the
most potentially lucrative domestic and international mining claims.
Nova Mining is listed on the NASDAQ OTC exchange as an OTCQB tier
company under the symbol NVMN.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This news release contains forward-looking
information within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended, including statements that include the words
"believes," "expects," "anticipate" or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the company to differ materially from
those expressed or implied by such forward-looking statements. In
addition, description of anyone's past success, either financial or
strategic, is no guarantee of future success. This news release speaks
as of the date first set forth above and the company assumes no
responsibility to update the information included herein for events
occurring after the date hereof.