Novastar Resources Ltd.
OTC Bulletin Board : NVAS

Novastar Resources Ltd.

September 27, 2005 10:30 ET

Novastar Resources Names General Ronald R. Fogleman to the Advisory Board

NEW YORK, NEW YORK--(CCNMatthews - Sept. 27, 2005) - Novastar Resources (OTCBB:NVAS) a commercial mining firm engaged in the exploration of Thorium and Rare Earth Metals today announced that, General Ronald R. Fogleman, Chairman and CEO of Durango Aerospace Incorporated, an international aviation consulting firm with a client list that includes Boeing, FMC, Northrop Grumman, Raytheon and RSL Electronics, among others, has been appointed to the Company's Board of Advisors.

General Fogleman will assist Novastar Resources, by providing introductions to key government officials and nuclear and defense industry executives, and by assisting with development of business strategies to raise the awareness of the benefits of Thorium as a proliferation-resistant and environmentally safe nuclear energy source.

"One of Novastar's key missions is to become the leading global supplier of Thorium to the nuclear energy industry; the addition of General Fogleman to our Board of Advisors adds a significant amount of understanding of the political, environmental and financial framework of the government and nuclear energy communities," said Paul Carter, CEO, Novastar Resources, Ltd.

General Ronald R. Fogleman retired from the USAF in September 1997 after thirty-four years of active commissioned service. On his final tour of duty General Fogleman served as the 15th Chief of Staff of the U.S. Air Force and a member of the Joint Chiefs of Staff. He currently sits on the board of directors for AAR Corp, Alliant Techsystems, First National Bank of Durango, IDC, Mesa Air Group, MITRE Corporation, Rolls-Royce North America, Thales-Raytheon Systems, and is Non-Executive Chairman of World Airways.

General Fogleman received his Bachelor's degree from the USAF Academy and a Master's degree in Military History and Political Science from Duke University.

Over the last 30 years there has been increasing interest in utilizing Thorium as a nuclear fuel because Thorium is a more efficient nuclear fuel and far less radioactive than Uranium. Also, all of the mined thorium is potentially useable in a reactor, compared with the 0.7% of natural uranium, so some 40 times the amount of energy per unit mass might be available. Therefore, the thorium fuel cycle, with its potential for breeding fuel without the need for fast-neutron reactors, holds considerable potential long-term. It is a key factor in the sustainability of proliferation-resistant and environmentally-safe nuclear energy.

About Novastar Resources

Novastar Resources, Ltd. is a publicly traded company within the commercial mining sector and is a significant commercial mining source of Thorium, a naturally occurring metal that can be used to provide nuclear energy, which is more efficient and far less radioactive than Uranium. The company's stock is traded and quoted on the OTC Bulletin Board under the symbol NVAS. Further information is available on the company's website at

Safe Harbor Statement This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives and other forward looking terminology such as "may," "expects," "believes," "anticipates," "intends," "expects," "projects," or similar terms, variations of such terms or the negative of such terms. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein.

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