NDX

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Novadx Ventures Corp, President & CEO, Neil MacDonald, reports: 

Novadx Ventures Corp. ("Novadx" or the "Company") - (TSX VENTURE:NDX) is pleased
to provide an update relating to its Rosa Mine in Alabama and Rex Mine in
Tennessee. The Development of both mines is proceeding as anticipated.  


At the Rosa Mine, construction of the wash plant was completed this past week
and the wash plant is now in the commissioning phase. As previously announced
the Company has been stock piling a portion of its coal production in
anticipation of opening the wash plant and now has approximately 30,000 tons on
hand to begin processing through the new facility. Auger mining operations are
meeting production targets and a second auger is scheduled to be delivered in
early November 2011. With the addition of this second auger, the Company
anticipates production and sales of in excess of 10,000 tons per month of clean
metallurgical coal by December, 2011. This production is fully contracted.
Contracts entered into earlier in the year are at a selling price of $150 ton.
The Company also recently entered into an additional contract at $180 per ton
and expects to renew the earlier contracts at this price upon expiry of their
term. 


At the Rex Mine, rehabilitation and development of the mine entry and mains are
well underway. Over the last week the Company started producing coal from the
mine as a result of developing additional mains to support future operations.
Coal seam thickness measurements in the mine are ranging between 36 and 42
inches, in line with nearby drill hole intercepts used in the calculation of the
Rex Mine's reserves announced January 24, 2010. The Company is stockpiling this
initial production in anticipation of a permit amendment being granted for the
construction and operation of a portable wash plant at the mine site. Review of
the permit amendment application is at an advanced stage. The site for the Rex
Mine's wash plant has been secured and readied for installation of the wash
plant pending the permit amendment being granted. The Company anticipates
completing its rehabilitation and development of the mine by the end of
December, 2011 with commercial production commencing in January 2012. The
Company intends to initially operate a single mining unit and add additional
mining units as the mine is further developed. Each mining unit has the
capability of producing in excess of 20,000 tons per month of clean coal, the
majority of which will meet the specification for a silicon metal grade coal.
Initial production currently being stock piled has been analyzed and the results
are meeting anticipated customer specifications. Samples have been provided to
customers for evaluation purposes and the Company anticipates entering into
contracts for the 2012 calendar year. The Company is also actively reviewing a
number of leasing opportunities to increase coal reserves and resources at the
Rex Mine. 


The Company remains focused on executing its plans to generate sustainable cash
flow through completion of development and expansion of operations at the Rosa
and Rex Mines. 


About Novadx: Novadx Ventures Corp. is a Vancouver based mining investment
Company. Through its wholly owned subsidiary, Novadx's primary focus is to
invest its capital to acquire and develop companies with active or near
production high quality coal reserves in the US Appalachia coal region. Novadx
intends to continue to grow the value of its coal investments through expanding
production and reserves amongst its existing investments and by investing in
additional acquisitions. Novadx is actively evaluating a number of high quality
coal acquisition opportunities. For more information please visit
www.novadx.com. 


About MCoal: MCoal Corporation is a wholly-owned subsidiary of Novadx Ventures
Corp. which operates the Rosa coal mine in Blount County, Alabama and is
developing the Rex No.1 coal mine in Campbell County, Tennessee. 


ON BEHALF OF THE BOARD 

Neil MacDonald, President and CEO and Director

The TSX Venture Exchange has in no way passed upon the merits of the proposed
transaction and has neither approved nor disapproved the contents of this press
release. This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these securities
in any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to the qualification under the securities laws of such jurisdiction.


This release contains "forward-looking information" that includes information
relating to future events and future financial and operating performance,
including management's assessment of Novadx's and MCoal's future outlook,
potential financings, potential acquisitions and production. Specifically, this
release contains forward-looking information related to increases in production
capacity as the results of additional capital expenditures and permitted mines,
additional reserves that have been leased or acquired, future development of
reserves or properties, potential financings and potential acquisitions.
Statements included in this announcement, including statements concerning our
plans, intentions and expectations, which are not historical in nature are
intended to be, and are hereby identified as, "forward-looking statements" for
purposes of the safe harbor provided by Section 21E of the Securities Exchange
Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may be identified by words including "anticipates",
"believes", "intends", "estimates", "expects" and similar expressions.
Forward-looking information should not be read as a guarantee of future
performance or results and will not necessarily be accurate indications of the
times at, or by which, that performance or those results will be achieved.
Forward-looking information is based on information available at the time it is
made and/or management's good faith belief as of that time with respect to
future events, and such information is subject to risks and uncertainties that
could cause actual performance or results to differ materially from those
expressed in or suggested by the forward-looking information. Important factors
that could cause these differences include but are not limited to: pricing and
assumptions and projections concerning reserves and/ or resources in our mining
operations; changes in contracted sales, the business of the Company may suffer
as a result of uncertainty surrounding the coal market; the Company may be
adversely affected by other economic, business, and/or competitive factors; the
worldwide demand for coal; the price of coal; the price of alternative fuel
sources; the supply of coal and other competitive factors; the costs to mine and
transport coal; 

the ability to obtain new mining permits; the costs of reclamation of previously
mined properties; the risks of expanding coal production; the ability to bring
new mines on line on schedule; industry competition; the Company's ability to
continue to execute its growth strategies; the Company's ability to secure
additional financing; the Company's ability to complete planned acquisitions;
and general economic conditions. These and other risks are more fully described
in the Company's public filings with the Canadian Securities Administrators,
available on SEDAR at www.sedar.com. You should not put undue reliance on any
forward-looking information. We assume no obligation to update forward-looking
information to reflect actual results, changes in assumptions or changes in
other factors affecting forward looking information, except to the extent
required by applicable securities laws. If we do update one or more
forward-looking information, no inference should be drawn that we will make
additional updates with respect to those or other forward-looking information.
The company cautions readers that forward-looking statements, including without
limitation those relating to the company's future operations and business
prospects, are subject to certain risks and uncertainties that could cause
actual results to differ materially from those indicated in the forward-looking
statements.

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