Veris Gold Reports Positive Test Results From Nevada Drilling Program

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Veris Gold ( VG ) said the assay results from its diamond hole drilling program in the SSX-Steer Mine, part of the Jerritt Canyon gold operation located in Nevada, USA, are likely to show a 100% conversion rate to indicated or measured resources.

"The recent exceptional drill hole assay results could likely add new resources when the area is remodeled in the near future," said William Hofer, Chief Geologist for Jerritt Canyon.

The shares spiked more than 10% on Friday to $0.63 and is trading near the bottom of a 52-week range of $0.42 - $3.38.




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This article appears in: Investing , Commodities

Referenced Stocks: VG

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