Nova Uranium Corporation
TSX VENTURE : NUC

Nova Uranium Corporation

October 26, 2006 13:25 ET

Nova Uranium Corporation: Mont Laurier Area Drilling Continues

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 26, 2006) - Nova Uranium (TSX VENTURE:NUC) is pleased to report that its Phase Two drilling program on its Mont Laurier property is progressing well. The drill program will include a minimum of 14 inclined drillholes in the area of the recently discovered near-vertical uranium-enriched Dyke 18 Complex.

Nova has completed 10 of 12 planned holes on the Dyke 18 Complex. No analytical results from samples collected from Phase Two drill core have yet been received. An additional 2-4 holes will be drilled on an extensive surface radioactivity anomaly located about 350 metres south of the Dyke 18 Zones; situated in close proximity to Phase One drillhole NV06-06.

Nova anticipates that the remaining drillholes will be completed in the first week of November, when the drill will be moved to other uranium occurrences on the property which are presently being readied for drilling. These prospective targets include the historical showings Tom Dick, No. 1 and JRB-4, as well as the newly identified Anomaly 12 zones. Bedrock uranium mineralization has been observed at all of these showings, occurring in both pegmatite sills and dykes.

Mr. Michael Moore, PGeo is the qualified person who has reviewed the technical information contained in this news release on behalf of the Company.

Further information is available on the company's website www.novauranium.com.

ON BEHALF OF THE BOARD

Donald G. Moore, CEO, President and Director

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Nova Uranium Corporation
    Donald G. Moore
    CEO, President and Director
    (604) 687-7178 or Toll Free: 1-800-398-5645
    Website: www.novauranium.com