The Mining Stock Report

(Vancouver, BC, July 25, 2011) Novadx Ventures Corp. (“Novadx” or the “Company”) – (TSX-V: NDX) announces that it has filed its 43-101 report with the TSX Venture Exchange (“Exchange”) in connection with securing the Exchange’s approval to close the acquisition of the assets of Ikerd Mining LLC (“Ikerd”) as previously announced by the Company. Following review by the Exchange the report will be filed and available for review on SEDAR. In connection with this closing, the Company has agreed to further extend the loan facility previously announced on March 10, 2011 and May 28, 2011 to Ikerd Mining LLC, in order to fund current operations of Ikerd Mining and has received an extension to July 31, 2011 from Sandstorm Metals and Energy LLC (“Sandstorm”) to close the Ikerd transaction pending Exchange approval.

The Ikerd assets consist of four permitted surface coal mines and related mining equipment, a stoker plant and rail load out facilities on Norfolk Southern Rail, all located in eastern Kentucky. Of these permitted mines, only the Flatwood’s Mine has been operating. Production at the Flatwoods Mine commenced in early 2009 producing a high quality thermal coal at an average rate of 25,000 tons per month. In early May, 2011, production at the Flatwoods Mine was idled awaiting the issuance of a KPDES permit in connection with a new area of the mine being developed. On May 28th, 2011, the Company announced that it had assumed management control of Ikerd and had been designated operator under the Ikerd mine permits. On June 6, 2011 the Company announced that Ikerd had been granted the KPDES and the Novadx recommenced operations at the Flatwoods Mine.

Since reopening the Flatwoods Mine, the Company has focused operations at the mine to fully develop the new mine area which is now close to completion. Production at the mine has been increasing and is expected to reach historical production levels beginning in August.

The Company has also initiated preliminary development at a second Ikerd mine, the Elk Creek Mine, which is a surface strip mine located approximately 10 miles from the Flatwoods Mine, hosts three seams of low sulphur thermal coal. All permits, road access, and initial equipment necessary to commence operations of the Elk Creek Mine are in place. The Elk Creek Mine has not been previously operated and development of the mine site to date has consisted of an initial strip cut to determine anticipated coal qualities, optimal mining procedures, coal processing requirements and to provide samples for marketing purposes.

The Company intends to close the Ikerd asset acquisition as soon as practical after the Exchange approval is granted. Additional documentation and audited financial information on the Ikerd operation are being filed with the Exchange as part of their review and consideration of the transaction. Pursuant to a Coal Production Payment Agreement with Sandstorm previously announced on November 26, 2010, the Company’s subsidiary, MCoal Corporation, has received an aggregate US$30 million in up front deposits against future coal production from the Company’s Rosa and Rex Mines and expects to receive an additional US$8 million up front deposit upon closing of the Ikerd asset acquisition.

About Novadx: Novadx Ventures Corp. is a Vancouver based mining investment company. 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.

MCOALPROVIDESUPDATE ON IKERDASSETACQUISITION
Not for Distribution to U.S. Newswire Services or Dissemination in the United States

For Immediate Release

Trading Symbol: NDX – TSX-V

NEWSRELEASE
MCOALPROVIDESUPDATE ON IKERDASSETACQUISITION

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

(Vancouver, BC, July 25, 2011) Novadx Ventures Corp. (“Novadx” or the “Company”) – (TSX-V: NDX) announces that it has filed its 43-101 report with the TSX Venture Exchange (“Exchange”) in connection with securing the Exchange’s approval to close the acquisition of the assets of Ikerd Mining LLC (“Ikerd”) as previously announced by the Company. Following review by the Exchange the report will be filed and available for review on SEDAR. In connection with this closing, the Company has agreed to further extend the loan facility previously announced on March 10, 2011 and May 28, 2011 to Ikerd Mining LLC, in order to fund current operations of Ikerd Mining and has received an extension to July 31, 2011 from Sandstorm Metals and Energy LLC (“Sandstorm”) to close the Ikerd transaction pending Exchange approval.

The Ikerd assets consist of four permitted surface coal mines and related mining equipment, a stoker plant and rail load out facilities on Norfolk Southern Rail, all located in eastern Kentucky. Of these permitted mines, only the Flatwood’s Mine has been operating. Production at the Flatwoods Mine commenced in early 2009 producing a high quality thermal coal at an average rate of 25,000 tons per month. In early May, 2011, production at the Flatwoods Mine was idled awaiting the issuance of a KPDES permit in connection with a new area of the mine being developed. On May 28th, 2011, the Company announced that it had assumed management control of Ikerd and had been designated operator under the Ikerd mine permits. On June 6, 2011 the Company announced that Ikerd had been granted the KPDES and the Novadx recommenced operations at the Flatwoods Mine.

Since reopening the Flatwoods Mine, the Company has focused operations at the mine to fully develop the new mine area which is now close to completion. Production at the mine has been increasing and is expected to reach historical production levels beginning in August.

The Company has also initiated preliminary development at a second Ikerd mine, the Elk Creek Mine, which is a surface strip mine located approximately 10 miles from the Flatwoods Mine, hosts three seams of low sulphur thermal coal. All permits, road access, and initial equipment necessary to commence operations of the Elk Creek Mine are in place. The Elk Creek Mine has not been previously operated and development of the mine site to date has consisted of an initial strip cut to determine anticipated coal qualities, optimal mining procedures, coal processing requirements and to provide samples for marketing purposes.

The Company intends to close the Ikerd asset acquisition as soon as practical after the Exchange approval is granted. Additional documentation and audited financial information on the Ikerd operation are being filed with the Exchange as part of their review and consideration of the transaction. Pursuant to a Coal Production Payment Agreement with Sandstorm previously announced on November 26, 2010, the Company’s subsidiary, MCoal Corporation, has received an aggregate US$30 million in up front deposits against future coal production from the Company’s Rosa and Rex Mines and expects to receive an additional US$8 million up front deposit upon closing of the Ikerd asset acquisition.

About Novadx: Novadx Ventures Corp. is a Vancouver based mining investment company. 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 THEBOARD

Neil MacDonald
President and CEO and Director

For more information about Novadx Ventures Corp. please contact:

Neil MacDonald
(604) 633-2776 ext 23
nmacdonald@novadx.com

Or our investor relations contacts:

Mark van der Horst;
Mike Rowsome or
Christopher Haugen

Gale Capital Corp.
(604) 200-1480
info@galecapital.com