Nova Minerals Ltd — Major Shareholding Notification 2009

Jul 1, 2009

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Name/Scheme Quantum Resources Limited ACN/ARSN 006 690 348 1. Details of substantial holder (1) Name Axis Consultants Pty Ltd ACN / ARSN (if applicable) 006 804 708 The holder became a substantial holder on 30 June 2009 .

1. Details of 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 on the date the substantial holder became a substantial holder are as follows:

Class ofsecurities (4)	Numberofsecurities	Persons’ votes (5)	Voting power(6)
Ordinary	102,880,000	12.63%	12.63%

1. Details of relevant interests The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Holder of relevant interest	Nature of relevant interest (7)	Nature of relevant interest (7)	Class and number ofsecurities
Axis Consultants Pty Ltd		Direct		Ordinary shares 102,880,000
ails of present registered holders rsons registered as holders of the securities referred to in paragraph 3 above are as follows:
Holder of relevant interest	Registered holder of securities		Person entitled to be registered asholder(8)	Class and number ofsecurities
Axis Consultants Pty Ltd	Axis Consultants Pty Ltd		Axis Consultants Pty Ltd	Ordinary shares 102,880,000

1. Details of present registered holders The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

2. Consideration The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)	Consideration (9)	Class and number ofsecurities
		Cash	Non-cash	Ordinary shares
Axis Consultants Pty Ltd Axis Consultants PtyLtd	24/06/2009 30/06/2009	$32,200 $450,000		6,440,000 90,000,000

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name andACN/ARSN(ifapplicable)	Nature ofassociation
resses dresses of persons named in this form are as follows:
Name	Address
Axis Consultants Pty Ltd	Level 8, 580 St Kilda Road, Melbourne VIC 3004

7. Addresses

The addresses of persons named in this form are as follows:

Signature

PETER LEE Capacity : CFO & SECRETARY print name

sign here

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Date : 2 July 2009