Nova Mining Corp. (OTCBB:NVMN) announced today that the Company has appointed Mr. James Dilger as President. Dr. Duncan Bain, who has been serving as President, will immediately resume his geological business focus as Senior Vice President in Charge of Exploration.
Nova Mining Corp is planning for industrial diamond sales to the vast US Military-Industrial Complex. (Photo: Business Wire)
Mr. Dilger has over 30 years’ experience in building businesses, with special expertise in international trade and private investment. Mr. Dilger studied history and economics at the Universidad de las Americas in Mexico and serves as a professor at Ibero Americana University. Mr. Dilger was also the original founder of Texas Invest Direct Oil, which represents independent oil operators seeking working interest partners. Mr. Dilger resides in Houston, Texas, USA and Merida, Yucatan, Mexico.
One of Mr. Dilger’s first priority items will be to establish Nova Mining Corp as a Registered US Federal Contractor in order to implement the Company’s business plan of selling mining product to the massive US military-industrial complex.
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 resulted in a staggering price increase of 49% in 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, but is also looking to build a mining asset portfolio that contains lithium, copper and gold resources.
More information on Nova Mining Corp can be seen at: http://www.nova-mining.com
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) August Resource Corporation (AMEX: AZC), and Northrop Grumman (NYSE: NOC).
About Nova Mining Corp. (OTCQB: NVMN)
Nova Mining Corporation is a Nevada corporation listed on the OTCBB under the trading symbol NVMN. The Company’s is a growth-focused entity that seeks to acquire an international portfolio of strategic mineral mining projects ready for further development. The Company operations philosophy includes securing local partners with strong management abilities and proven records for low production cost and high return on investment. Nova Mining is listed on the NASDAQ OTC exchange under the symbol NVMN.
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