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 on budget. 


At the Rosa Mine, commissioning of the wash plant in now complete and the
Company is now operating at a rate which the Company anticipates will produce
approximately 10,000 tons per month of cleaned metallurgical coal. Production
from the Company's auger is being supplemented with coal from the Company's
inventory to maintain this production rate. The Company has an inventory of over
30,000 tons of mine run coal on hand. Initial production from the wash plant has
been sold and shipped this past week. The yield and quality of coal being
produced at the wash plant is meeting expectation.


This past week, a second auger was delivered and is currently being assembled at
Rosa Mine. This auger will be commissioned and put into production during the
month of November. With the addition of this second auger, the Company's
production capacity at the Rosa Mine will increase to in excess of 10,000 tons
per month of clean metallurgical coal on an ongoing basis. To support both
augers operating, the Company purchased and is now commissioning a Lima 2400
dragline which the Company anticipates will reduce overall operating costs. Coal
production at the Rosa Mine is fully contracted at prices between $150 and $180
per ton. 


At the Rex No. 1 Mine, rehabilitation of the mine entry is complete and
rehabilitation and development of the mine's mains is progressing well. The
Company started producing a high quality coal from the Rex No. 1 Mine as a
result of developing additional mains to support future large scale operations.
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 and is expected to be issued in the current quarter. The Company
anticipates commercial production at the Rex No. 1 Mine to commence in the first
calendar quarter of 2012. The Company intends to initially operate a single
mining unit and add additional mining units as the market demand dictates and
the mine is further developed. Each mining unit has the capability of producing
20,000 tons per month of clean coal, the majority of which will meet the
specification for silicon metal, coking and activated carbon grade coals. The
Company is also actively leasing additional mineral rights to increase coal
reserves and resources at the Rex No. 1 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 No. 1 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

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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