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Novastar Resources Ltd.: Thorium Power, Inc. Featured in March 2006 Edition of Fortune Small Business Magazine, Pages 75-77.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Dateline city should read NEW YORK (sted VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
).

The corrected release reads:

Novastar Resources Ltd.: Thorium thorium (thôr`ēəm) [from Thor], radioactive chemical element; symbol Th; at. no. 90; at. wt. 232.0381; m.p. about 1,750°C;; b.p. about 4,790°C;; sp. gr. 11.7 at 20°C;; valence +4.  Power, Inc. Featured in March 2006 Edition of Fortune Small Business Magazine, Pages 75-77

Novastar Resources Ltd. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:NVAS NVAS Netview Access Services ), a commercial mining firm engaged in the exploration of Thorium, Platinum Group The platinum group (alternatively, the platinum group metals or platinum metals) is a collective name sometimes used for six metallic elements clustered together in the periodic table.  Metals, and Rare Earth Metals, wishes to inform investors that Fortune Small Business Magazine ("FSB (FrontSide Bus) See system bus.

FSB - front side bus
"), in its March 2006 edition, contains an article featuring Thorium power, Inc. On February 14, 2006, Novastar Resources Ltd. and Thorium Power, Inc. entered into a definitive merger agreement; the proposed merger is expected to close during the second or third calendar quarter of 2006.

The article of interest is Titled: Bombs Away; A small U.S. firm aims to defuse old Soviet warheads before Terrorists can get to them, Pages # 75-77

For more information please visit the website for Fortune Small Business (www.fsb.com) and a link to this article will be available shortly on the website of Thorium Power, Inc. (www.thoriumpower.com).

About Thorium Power, Inc.

Thorium Power, Inc. was founded in 1992 to develop technology invented by Dr. Alvin Radkowsky, the first chief scientist of the U.S. Naval Reactors program under Admiral H.G. Rickover from 1950-1972 and head of the design team of the first commercial nuclear power plant in Shippingport, Pennsylvania. The Company was formed to develop and deploy nuclear fuel designs developed by Dr. Radkowsky to stop the production of weapons suitable plutonium and eliminate existing plutonium stockpiles. Thorium Power, Inc. has been collaborating with nuclear scientists and engineers at Russia's prestigious Kurchatov Institute since 1994. For more information, please visit: www.thoriumpower.com.

About Novastar Resources

Novastar Resources Ltd. is a publicly traded company publicly traded company

A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market.
 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, with non-proliferation, waste, and economic advantages, in comparison to standard Uranium fuels. The company's stock is traded and quoted on the OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
 under the symbol NVAS. Further information is available on the company's website at www.novastarresources.com.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 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. (OTC Bulletin Board:NVAS)
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 3, 2006
Words:538
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