Veris Gold Corp. reported November toll milling and production update for the company's three wholly-owned Jerritt Canyon gold mines and processing plant in Elko County, Nevada. Jerritt Canyon is operated by Veris Gold USA Inc. For the month the plant processed 110,378 tons, averaging over 3,600 tons through the roasters per operating day resulting in the production of over 8,300 ounces of gold from Jerritt Canyon ore and over 3,400 ounces of gold from third party ore.

The operations achieved an average recovery of 86% from Jerritt Canyon ore for the month, continuing to demonstrate significant improvements over recoveries achieved earlier in the year. For the month the SSX-Steer Mine produced over 23,000 tons containing an estimated 4,400 ounces of gold, averaging just over 760 tons per day. This is an increase of approximately 15% in tons produced compared to the 20,000 tons of production reported last month.

The Jerritt Canyon Mill processed a total of over 59,500 tons of Jerritt Canyon ore in November, averaging over 3,800 tons per operating day and operated at over 5,000 tons per day for several days. Recovery rates averaged 86% during the month with an average processed grade of 0.16 ounces per ton. The company toll-milled ore for Newmont USA Limited over a 14 day period during the latter part of November and on the first day of December.

A total of 50,800 tons of Newmont ore were processed at the Jerritt Canyon mill during this time, thus achieving an overall average of over 3,600 tons per day. The Company continues to target additional toll milling agreements for 2014.