Smith Mine Exploration Drill Program Returns 7.62 m of 45.94 g/t Au at Jerritt Canyon

VANCOUVER - Veris Gold Corp. reported further assay results from its 2012 underground drilling program at the Jerritt Canyon gold operation in Nevada. This drilling targeted a block of ground (approx. 1,000m X 500m) lying between the historic, as well as current, Zone 2 and Zone 4 mining blocks (Coulee and Mahala dike trends respectively). Only three historic surface drill holes had previously tested this area.

The exploration concept tested favorable mineral-hosting lithologic units of the Roberts Mountain and Hanson Creek formations that are interpreted to be intersected by NW/SE trending structures sympathetic to the main Zone 2 (Coulee Dike) and Zone 4 (Mahala Dike) ore controlling structures within the Smith mine.