1 meters to 21 meters beneath the surface.3 kilometers contained within a copper nickel
mineralized horizon striking for over 9 kilometers in the Caribou Lake Gabbro.8% cobalt.

recurrence obiwan

0409% by composition.62% nickel, 198 ppb platinum and 94 ppb palladium have been obtained.

anomalies obiwan

, a major
Australian Rare Earth Minerals laboratory .
The concentration of Monazite is reliably assessed. It has
been traced for more than 9 kilometres on surface and remains open to the
northeast. Cross-cutting high grade niccolite infill
fractures , which returned assays of up to 38% nickel, are closely associated
with two of the EM conductors .

khovatov recurrence

Bill Chornobay,
President of Kodiak Exploration Limited, said, "We are very pleased with
results to date. Niccolite veins cross-cutting the
mineralized layer produced grab samples containing up to 38% nickel and up to
3.62% nickel. A niccolite infill fracture that assayed 23% nickel is associated
with this anomaly.

On behalf of the Board of Directors
KODIAK EXPLORATION LIMITED
William S.

Sites that pertain to the 'Earth Lights' phenomenon, an Anomalous Light Phenomena (i.

luminous occurring

The previous drill log
results provided us with much needed geological information that we
have used to refine and improve our short and long-term business
goals," said Paul Carter, president, Novastar Resources. Also, all of the mined thorium is
potentially useable in a reactor, compared with the 0. That mineralized layer is exposed across
an outcrop width of 266 metres from which grab samples of up to 0. The qualified persons under
the definitions established by National Instrument 43-101, are Gary Vivian, P.

spook obiwan

"The next
drilling program should be quite definitive in assessing the amount of
recoverable material contained within our Thorium property and
therefore are looking forward to the upcoming drilling program with
much interest ."
Nickel-copper sulphides identified on surface, with grades of up to 19.97% copper and 0. Maps , photographs, geological details and additional information may
be reviewed on its website at http: //www.

anomaly nocturnal

"
Novastar resources recently made public, results from a previous
exploration. The mineral
Monazite contains between 3% to 9% Thorium Oxide (ThO2) along with
rare-earth minerals. Pure (.

khovatov spook

The VTEM survey has also detected a series of five large EM anomalies
indicating the presence of massive sulphides three kilometers along strike to
the northeast of the southern trend described above.
Kodiak's prospectors discovered seven mineralized showings last year by
blast pitting along strike.
Kodiak is extremely encouraged that the results received to date have
provided multiple high priority drill targets and looks forward to the results
of the remainder of the survey and the upcoming drill program.
Geo.com

--------------------------------------------- ----------------------------

This release has been prepared by management - TSX Venture Exchange has
not reviewed and does not accept responsibility for the adequacy or accuracy
of this news release.

occurring enigmatic

Business Editors/Mining Editors

NEW YORK----Novastar Resources Ltd.998) or ( . 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.

anomalies enigmatic

Kodiak will release further news as results become available. Geo.

geophysical meteors

It is a key factor in the
sustainability of nuclear energy . VANCOUVER, Jan. The Caribou Lake prospect has many of the early indicators of
a new world class discovery.

luminous closely

There is increasing interest in utilizing Thorium as a nuclear
fuel because Thorium is a more efficient nuclear fuel and far less
radioactive than Uranium. Flight line spacing of 60 metres has been achieved over this
area, resulting in higher resolution of previously reported EM anomalies (news
Release December 12, 2005).7% copper.

meteors geophysical

The samplings (Anomalous
Bands) from which the results were derived, was extensive in nature,
varying in depths and locations throughout the anomaly, the first
ranging from the surface to 10 meters beneath in depth, the second
ranging from 10.7% of natural
uranium, so some 40 times the amount of energy per unit mass might be
available .novastarresources.kodiakexp.

khovatov anomalous

novastarresources.com.

observed spook

V: KXL) is very pleased to provide an update of results from the VTEM
airborne geophysical survey currently being flown over its copper-nickel-PGE
prospect near Caribou Lake, 90 kilometres southeast of Yellowknife, Northwest
Territories. Kodiak's independent geologists are
confident that these conductors indicate copper-nickel-bearing sulphide bodies
since there is no evidence of pyrite or graphite in the intrusion.7% copper, 0.

occurring pertain

All commercial grade pure Thorium metal is
recovered from the mineral Monazite.
The final analysis concluded that there is estimated to be 13 to
14 oz of Thorium per each metric ton of recoverable material.
The VTEM survey, which is just over 50% complete, has already identified
12 large EM conductors indicating the presence of massive sulphide bodies with
a collective strike length of 3. These
bodies represent high priority drill targets for Kodiak's winter drill
program, which is scheduled to mobilize on January 25th. and Trevor Bremner, P.

type of UFO).

enigmatic explanations

The drill results were obtained by Getty Oil Development
Co.

About Novastar Resources

Novastar Resources, Ltd. 20 - Kodiak Exploration Limited
(TSX.

atop lights

Specific commencement dates will be
forthcoming. Grab samples from this pit
returned values of up to 0.

mysterious obiwan

com

These bodies average 300 metres in length.7%
copper and 38% nickel, are closely associated with the EM anomalies and lie
within a mineralized layer in the gabbro containing magmatic net-textured and
semi-massive copper-nickel sulphides.

occurring recurrence

The mean Thorium concentration
throughout the first anomaly explored is calculated as 409 parts per
million or 0. The
Company has an estimated tonnage of recoverable material of 900,000
metric tons. Therefore, the thorium fuel cycle, with its potential for
breeding fuel without the need for fast-neutron reactors, holds
considerable potential long-term. 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.

luminous geophysical

(OTCBB:NVAS), a significant commercial mining source of Thorium, a
naturally occurring nuclear energy more efficient and far less
radioactive than Uranium, has announced plans to commence drilling to
explore six additional anomalies within the Company's Australian
Thorium (Th) property.
In the southern part of the gabbro, between Great Slave Lake and Caribou
Lake , the VTEM survey has detected six large EM anomalies over a strike length
of 4 kilometres. Grab samples taken from those pits returned values
up to 19.

meteors geophysical

These are associated with
a zone of gabbro containing anomalous nickel, copper, platinum and palladium
values, including a grab sample that assayed 19 .07% cobalt, 266 ppb gold, 198 ppb platinum
and 94 ppb palladium in the gabbro layer. This document contains certain forward looking
statements which involve known and unknown risks, delays, and uncertainties
not under the Company's control which may cause actual results, performance or
achievements of the Company to be materially different from the results,
performance or expectation implied by these forward looking statements.

e.

closely lights

Novastar Resources to Explore Other Anomalies on Thorium Property; Recent Drill Log Results Found Potential for Vast Reserves of Recoverable Thorium From One A

"We now have a more appropriate geological model on which to base
our interpretation of our Thorium property.

The complete drill log tables are
accessible on the corporate website (www. It is a minimum of 70 m thick and remains open at depth. Detailed
interpretation of the data is ongoing, and will be used to optimize drill
collar locations for the much anticipated drill program. Chornobay, Director, President
For further information contact:
(604) 688-9006 or by email at info@kodiakexp.

meteors luminous

("Getty") and confirmed by a third party, Warman Ltd.com) under
the "Resources " heading.

Kodiak VTEM Survey Indicates 3.3 Kilometres of Massive Sulphide Bodies at Caribou Lake Copper -Nickel-PGE Prospect: Drilling to Commence

97% copper,
0.62% nickel, 0.

meteors hessdalen

999) Thorium metal commands a current
market price is approximately $150 per oz. One pit blasted in the southern zone near the base of the
mineralized layer exposed semi-massive sulphides, but did not reach the base
of the sulphide layer, which remains open at depth. The location of this
discovery coincides with the first anomaly, a large, thick EM anomaly
measuring 410 metres long that will support several high priority drill
targets.

Kodiak is a mineral exploration company with two properties located in
Canada.

nocturnal hessdalen

---

- - kjjkjk

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