Veris Gold Corp. drills 51.85 m averaging 7.68 g/t Au at SSX-Steer Mine, Jerritt Canyon Nevada

About this update from Volcanic Gold Mines Inc.

[{"type":"text","content":"\n\n\nToronto Stock Exchange: VG\n\n\nVANCOUVER, Dec. 4, 2013 /CNW/ - Veris Gold Corp. (\"Veris\" or the \"Company\") (TSX: VG) (OTCQB: YNGFF)\n (Frankfurt Xetra Exchange: NG6A) is pleased to announce additional significant gold assay results from\n its ongoing 2013 resource conversion drilling program at the SSX-Steer\n underground mine that is part of the Jerritt Canyon gold operation in\n Nevada, USA.  Jerritt Canyon is operated by Veris Gold USA, Inc., a\n wholly-owned subsidiary of Veris.\n\n\nASSAY HIGHLIGHTS\n\n\n\nSSX-SR-248 intersected 15.25 meters assaying 7.90 g/t\n\n\nSSX-SR-248 intersected 15.25 meters assaying 4.05 g/t\n\n\nSSX-SR-251 intersected 51.85 meters assaying 7.68 g/t\n\n\n\nWilliam Hofer, General Manager and Chief Geologist for Jerritt Canyon,\n stated, \"These recent drilling results remain consistent with those that have\n been previously drilled, reported, and modelled which typically\n represent a resource conversion rate at or above 100 percent.\"\n\n\nTodd Johnson, VP Exploration for Veris stated, \"The Geology Team continues to identify more near-mine mineralization at\n the SSX-Steer Mine for potential development. Additionally, the\n SSX-Steer Mine is operated by our staff and is very important to the\n success of the Company.\"\n\n\nThe 2013 Phase 1 SSX-Steer underground drill program at the SSX-Steer\n Mine targeting the West Mahala-Zone 1 and includes 21 completed diamond\n core holes (SSX-SR-231 through SSX-SR-251) totaling 18,087 ft. (5,530\n m). Phase 1 of the drill program commenced in early October 2012 and\n was completed at the end of August 2013.\n\n\nTo date the drill program has targeted a block of ground approximately\n 402,800 sq ft (37,300 sq m), comprised predominately of Inferred\n Resources constituting the western extent of the West Mahala resource\n (SSX Mining Zones 1 and 9).\n\n\nThis drilling was conducted in a manner in which intersections of the\n resource blocks were planned at a distance no greater than 80 ft. (25m)\n to enable upgrading of the resource classification to Indicated or\n Measured. The Year End 2013 resource/reserve update will start later\n this month and is expected to be finished in the second quarter of\n 2014.\n\n\nSignificant assay results from this drill program to date are shown in\n Table 1 below.\n\n\n\n\n\nTable 1.  Significant 2013 D...

More updates from Volcanic Gold Mines Inc.