Veris Gold Corp. announced that the company has been authorized by the Nevada Division of Environmental Protection to initiate the discharge of tailings into the brand new tailings facility (TSF2) at the company's Jerritt Canyon Mine Operations located in Elko County, Nevada. The Jerritt Canyon Mill is operated by Veris Gold USA Inc. The new tailings facility is double-lined and also features recovery of any leakage collected from the synthetic double-liner system, called Drainliner, which is manufactured by Agru America located in Fernley, Nevada.

Concurrent with the transition to the new TSF2, Veris will initiate closure of the old tailings facility ("TSF1"), a facility constructed more than 30 years ago with pollution controls consistent with the requirements at the time. The transition to TSF2 addresses concerns voiced by State and Federal environmental agencies regarding TSF1. Discharge of tailings slurry to TSF1 will cease by the end of 2013 so that reclamation, supported by the existing bonding held by the Company, can commence in the following year.