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Gold/Mining/Energy : Sandstorm Gold

SAND 12.12

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Oct 24 9:44 AM EST

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From: kidl	2/9/2012 4:41:09 PM
	of 1133

Sandstorm Metals & Energy Provides Update on Novadx Operations ccnm VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 9, 2012) - Sandstorm Metals & Energy Ltd. ("Sandstorm" or the "Company") (TSX VENTURE:SND) is pleased to announce progress at Novadx Ventures Corp.'s ("Novadx") (TSX VENTURE:NDX) Rosa Mine and Rex No. 1 Mine. Recently, Novadx announced commercial production at the Rosa Mine. The Rosa wash plant is producing high quality metallurgical coal with contract prices currently in excess of $170 per ton. At the Rex No. 1 mine, Novadx has commenced raw coal shipments to two customers on a trial basis while Novadx works towards the permitting and development of a coal preparation facility on site. During 2012, Novadx intends to complete mine rehabilitation and establish seven operating faces to support commercial production at the Rex No. 1 Mine.

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