Vancouver, BC - October 26, 2009 -- Yukon-Nevada Gold Corp. (Toronto Stock Exchange: YNG; Frankfurt Xetra Exchange: NG6) is pleased to announce that Mr. John Barta, B.Sc Geo, B.Sc Eng, has joined the Management Team in the capacity of Environmental Manager. Mr. Barta's previous experiences will greatly enhance the important environmental work being carried out at the Jerritt Canyon mine site located 50 miles north of Elko, Nevada. Jerritt Canyon is operated by Queenstake Resources USA Ltd., a wholly owned subsidiary of Yukon-Nevada Gold Corp. ("YNG" or the "Company").
Mr. Barta has had a total of 25 years experience in the environmental management field and will be the head of the YNG Environmental Department. Prior to joining the Company, Mr. Barta was the Manager of Environment and Permitting for Golden Predator Mines Inc., obtaining permits to resume production at the Springer tungsten mine in Nevada. Mr. Barta was also the Environmental Manager at the Florida Canyon Mine and the Standard Mine in Nevada for Apollo Gold and Jipangu International. He spent a total of nine years as the Environmental Manager at the Getchell Mine in Nevada for FirstMiss Gold, Getchell Gold Corp, and then under Placer Dome. He began his career as a geological technician in Texas working in oil and gas exploration and served in numerous capacities as a consulting environmental engineer and geologist. Mr. Barta received his Bachelor of Science degrees in Geology and Mining Engineering from the Tex as A&M University.
Yukon-Nevada Gold Corp. is a North American gold producer in the business of discovering, developing and operating gold deposits. The Company holds a diverse portfolio of gold, silver, zinc and copper properties in the Yukon Territory and British Columbia in Canada and in Arizona and Nevada in the United States. The Company's focus has been on the acquisition and development of late stage development and operating properties with gold as the primary target. Continued growth will occur by increasing or initiating production from the Company's existing properties.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
WARNING: The Company relies upon litigation protection for "forward-looking" statements.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Yukon-Nevada is a gold development stage company based in Canada.
Yukon-Nevada holds various exploration projects in Canada.
Its main assets in production are JERRITT CANYON MINE, JERRITT CANYON, JERRITT CANYON-MURRAY, JERRITT CANYON - MURRAY ZONE 9, JERRY CANYON - SSX, JERRY CANYON - EAST SMITH, JERRY CANYON - SAVAL, JERRY CANYON - STARVATION, JERRY CANYON - WRIGHT WINDOW, JERRITT CANYON STOCKPILES, JERRY CANYON - UG RESOURCES, JERRY CANYON - SMITH and JERITT CANYON - PIT RESOURCES in USA, its main asset in development is KETZA RIVER MANTO ZONE in Canada and its main exploration properties are WOLF PROPERTY, MONEY CLAIMS, SILVER VALLEY PROPERTY, KETZA - SHAMROCK ZONE and KETZA RIVER in Canada.
Its stock quote reached its lowest recent point on December 12, 2008 at CA$ 0.02, and its highest recent level on February 12, 2013 at CA$ 2.95.
Yukon-Nevada has 930 644 000 shares outstanding.