Novastar Resources Names Martin Marion to Board of Advisors

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Business Editors/Mining Editors

Novastar Resources Names Martin Marion to Board of Advisors

NEW YORK, NEW YORK, Jun. 9 -/E-Wire/Business Wire/-- Novastar Resources, a significant commercial mining source of Thorium, a naturally occurring nuclear energy more efficient and far less radioactive than Uranium, today announced that, Martin Marion, chief marketing officer of Cobalis Corporation (NASDAQ:CLSC), a healthcare and pharmaceutical development company, has been appointed to the board of advisors.

Martin will act as a strategic advisor to the Novastar Resources executive team, helping to map out the marketing plan and bringing his years of expertise and experience to ensure that the company is making strides in the mining and energy industries.

"I am extremely pleased to be joining the board of such a promising and innovative company like Novastar Resources," said Martin. "Their primary vision for the company and recent projects offer much promise for a positive change in the global and domestic energy industries."

In 2003, Mr. Marion joined Cobalis Corporation, a healthcare and pharmaceutical company where he manages the strategic planning program for US and International marketing for the world's first OTC allergy-prevention medication Prehistin - now in US FDA Phase III trials. Prior to this Mr. Marion founded M. Marion Consulting which provided private marketing management and strategic planning consulting for national and international clients in healthcare, pharmaceutical marketing, online services and entertainment. Mr. Marion has previously held executive management positions at DMB&B;/Medicus, Grey Direct and Standard & Poors, and has extensive experience in the international commodities markets. Mr. Marion graduated from Columbia University Graduate School of Business Arden House Executive Business Management Program. He was a Research Fellow at New York University's Department of Anthropology Graduate School and received his Bachelor of Arts in Biology from SUNY Stony Brook.

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 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 nuclear energy 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 www.novastarresources.com.

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.

Novastar Resources, Ltd.

Harrison Wise [REDACTED-EMAIL]

http://www.novastarresources.com

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