Klondex Mines Enters Toll Milling Agreement with Veris Gold
Klondex Mines Ltd. (TSX:KDX,OTCQX:KLNDF) has entered into a toll milling agreement with Veris Gold Corp. to process Klondex material from its Fire Creek project near Elko, Nevada. Veris Gold will accept for processing, delivery of the Fire Creek material to the Jerritt Canyon Mill. In exchange, Klondex will pay Veris Gold the costs to mill and transport the mineralized material and a toll-milling fee with quarterly adjustments reflecting the change in contributing costs associated with processing of mineralized material.
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