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VANCOUVER, April 2, 2013 /CNW/ - Veris Gold Corp. (TSX: VG) (OTCQB: YNGFF) (Frankfurt Xetra Exchange:
NG6A) is pleased to announce it has entered into a toll milling agreement
with Klondex Gold and Silver Mining Company Ltd., a subsidiary of Klondex Mines Ltd. (TSX:KDX), to process ore from the Fire Creek Project at the Jerritt Canyon Mill
located in Elko County, Nevada. The Jerritt Canyon Mill is operated by
Veris Gold USA Inc., a wholly-owned subsidiary of Veris Gold Corp. (the
"Company" or "Veris").


Under the terms of the agreement with Klondex Mines Ltd. ("Klondex"),
Veris will accept delivery of non-refractory gold ore produced from the
Fire Creek Project, located nearby in Lander County, Nevada, to the
Jerritt Canyon Mill for processing. Klondex will pay to Veris a toll
milling fee of $148.50 (including trucking) per ton that will be
adjusted on a quarterly basis to reflect any changes to input costs
associated with processing the ore. The Klondex agreement includes an
additional upfront pre-payment, to be deducted from future toll milling
charges, to assist the Company in refurbishing the wet mill circuit at
Jerritt Canyon.


This agreement is structured in a similar manner to the Atna Resources
Inc. agreement announced on March 27, 2013 whereby all dore produced
from the ore remains the property of Klondex throughout the process and
the associated toll milling fee charged will be treated as a credit to
Jerritt Canyon operating costs. The Company intends to partially
re-open the wet milling facility at Jerritt Canyon in order to process
this ore.


Randy Reichert, Co-CEO and COO of Veris stated, "This second toll
milling agreement adds to our third party ore processing revenue stream
and provides an excellent additional source of ore as the Klondex team
ramps up their mining operations into 2014. This agreement will further
reduce our costs by making use of the excess capacity at the Jerritt
Canyon Mill when we begin processing the Fire Creek ore in the third
quarter of 2013. We look forward to working with yet another gold
producing neighbour in Nevada."


Mike Doolin, General Manager of the Fire Creek project stated, "I'm
happy to report we continue to gain momentum to initial production via
our bulk sampling program at the Fire Creek gold project. Finalizing
this milling agreement is another major step forward for us, and we are
extremely pleased to be working with the team at Veris Gold."


Paul Huet, Klondex Mines CEO commented, "The Nevada team delivers
another huge milestone for Klondex, the group has a reputation of
consistently delivering and this is great example. 2013 is a pivotal
year for us as we continue to de-risk the Fire Creek asset. The
excavation of the secondary egress, necessary to begin our bulk
sampling, is now 20% complete and is on-track to be commissioned
mid-June, 2013. Now, through this milling agreement with Veris Gold, we
have a place to process Fire Creek's mineralized material producing
dore gold and silver. The agreement is facilitating Klondex to become
Nevada's next gold producer and puts cash flows from the Fire Creek
project in 2013. I have had the opportunity to work with this group at
Veris Gold in the past and look forward to a continued relationship
with such a professional team."


Veris is continuing to evaluate other concentrates at the Jerritt Canyon
site which will add to the overall throughput in the milling facility
with minimal impact on the crushing and grinding circuit.


Veris Gold Corp. is a growing mid-tier North American gold producer in
the business of developing and operating gold mines in geo-politically
stable jurisdictions. The Company's primary assets are the permitted
and operating Jerritt Canyon mill and gold mines located 50 miles north
of Elko, Nevada, USA. The Company also holds a diverse portfolio of
precious metals properties in British Columbia and the Yukon Territory,
Canada, including the former producing Ketza River mine. The Company's
focus has been on the re-development of the Jerritt Canyon mining and
milling facility.





The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.


Forward-Looking Statements


This press release contains "forward-looking statements" and "forward
looking information" within the meaning of applicable securities laws.
All statements, other than statements of historical fact, including
without limitation, statements relating to plans for or intentions with
respect to the offering of Securities and the Company's use of proceeds
from the sale of Securities are forward-looking statements. Generally,
these forward-looking statements can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved". By their nature,
forward-looking statements and information are based on assumptions and
involve known and unknown risks, uncertainties and other factors that
may cause our actual results, performance or achievements, or industry
results, to be materially different from future results, performance or
achievements expressed or implied by such forward-looking information.
Such risks, uncertainties and other factors include among other things
the following: the Company's ability to engage underwriters, dealers or
agents on terms and conditions deemed reasonable by the Company; the
need to satisfy regulatory and legal requirements with respect to any
offerings; gold price volatility; discrepancies between actual and
estimated production and mineral reserves and resources; the
speculative nature of gold exploration; mining operational and
development risk; and regulatory risks. See our Annual Information Form
for additional information on risks, uncertainties and other related
factors. Although the Company has attempted to identify important
factors that could cause actual results to differ materially from those
contained in forward-looking statements, there may be other factors
that cause results not to be as anticipated, estimated or intended.
There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ materially
from those anticipated in such statements. Accordingly, readers should
not place undue reliance on forward-looking statements. The Company
does not undertake to update any forward-looking statements that are
incorporated by reference herein, except in accordance with applicable
securities laws.



SOURCE: Veris Gold Corp.



For further information:

Veris Gold Corp. Nicole Sanches Investor Relations Manager Tel: (604) 688-9427 ext 224 Email: nicole@verisgold.com >www.chfir.com

AXINO AG Wolfgang Seybold Chairman Tel: +49 711 25 35 92 40 Email: wolfgang.seybold@axino.de http://www.axino.de/">www.axino.de/