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Veris Gold Enters into Toll Milling Agreement with Atna Resources Inc.

Veris Gold Corp. (VG.TO) has entered into a toll milling agreement with Atna Resources Inc., a subsidiary of Atna Resources Ltd. (ATN.TO), to process ore from the Pinson Mine at the Jerritt Canyon Mill located in Elko County, Nevada. The Jerritt Canyon Mill is operated by Veris Gold USA Ltd., a wholly-owned subsidiary of Veris Gold Corp.

The toll milling agreement with Atna Resources is for one year. Under the terms of the agreement, ore produced from the Pinson Mine, located nearby in Humboldt County, Nevada, will be delivered to the Jerritt Canyon Mill for processing. Atna will pay to Veris a toll milling fee that will be adjusted on a quarterly basis to reflect any changes to input costs associated with processing the ore.

The toll milling agreement is structured so that all dore produced from the ore will remain the property of Atna throughout the process and the associated toll milling fee charged to each ton will be treated as a credit to Jerritt Canyon operating costs.

Atna closed at 83 cents yesterday.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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