Veris Gold Corp. announced additional significant gold assay results from its ongoing 2013 resource conversion drilling program at the SSX-Steer underground mine that is part of the Jerritt Canyon gold operation in Nevada, USA. SSX-SR-248 intersected 15.25 meters assaying 7.90 g/t - SSX-SR-248 intersected 15.25 meters assaying 4.05 g/t - SSX-SR-251 intersected 51.85 meters assaying 7.68 g/t. The 2013 Phase 1 SSX-Steer underground drill program at the SSX-Steer Mine targeting the West Mahala-Zone 1 and includes 21 completed diamond core holes (SSX-SR-231 through SSX-SR-251) totaling 18,087 ft.

(5,530 m). Phase 1 of the drill program commenced in early October 2012 and was completed at the end of August 2013. To date the drill program has targeted a block of ground approximately 402,800 sq ft (37,300 sq m), comprised predominately of Inferred Resources constituting the western extent of the West Mahala resource (SSX Mining Zones 1 and 9).

This drilling was conducted in a manner in which intersections of the resource blocks were planned at a distance no greater than 80 ft. (25m) to enable upgrading of the resource classification to Indicated or Measured. The year end 2013 resource/reserve update will start later this month and is expected to be finished in the second quarter of 2014.