Nova Minerals Ltd — Major Shareholding Notification 2006

May 18, 2006

Form 604

Corporations Law Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	QUANTUM RESOURCES LIMITED
ACN/ARSN	A.C.N. 006 690 348
1. Details of substantial holder (1)
Name	CHABAD HOUSE OF CAULFIELD PTY LTD
ACN (if applicable)	A.C.N. 069 275 823
There was a change in the interests of the substantial holder on	12/05/2006
The previous notice was given to the company on	09/01/2004
The previous notice was dated	09/01/2004

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary Shares	57.280,000	19.69%	57.280.000	16.31%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme since the substantial holder was last required to give a substantial holding notice to the company are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class & number of securities affected	Person's votes affected
Various	Chabad House of Caulfield P/L	Dilution of interest due to shares issued to non associated persons.	N/a	Ordinary Shares 57.280.000	Chabad House of Caulfield P/L

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant	Registered holder of	Person entitled to be	Nature of relevant	Class and number	Person's votes
interest	securities	registered as holder (8)	interest (6)	of securities
Chabad House of	Chabad House of	Chabad House of	Registered Holder	Ordinary Shares	57,280,000
Caulfield P/L	Cautfield P/L	Caulfield P/L	of Shares	57.280.000

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the
Substantial holder in relation to voting interests in the company or scheme are as fo

Name and ACN(if applicable)	Nature of association

6. Addresses

The addresses of persons named in this form are:

Name	Address
Chabad House of Caulfield Pty Ltd.	C/- Green & Sternfeld, 201 Balaclava Road, Caulfield North, Vic. 3161.

Si af

ıgnature	print name	Joseph Isaac Gutnick	Capacity: Director
		$\sqrt{\int Cut + k}$	12/5/2006 Date: