Yukon Gold Corporation,
Inc. Appoints Stewart Fumerton Ph.D., P.Geo to Vice-President Exploration
Toronto, Canada, June 14, 2007, Yukon Gold Corporation, Inc. (“Yukon
Gold”), (TSX: YK, OTCBB: YGDC) is pleased to announce that
Stewart Fumerton Ph.D., P.Geo has joined the Company as its Vice-President,
Exploration.
Mr. Stewart Fumerton is a senior geologist with 30
years experience of international exploration and project management
experience. Stewart’s experience has specifically been in the exploration
for gold, base metals, uranium and diamonds. He also has extensive experience
in geological mapping for government surveys and research as well as managing
resource calculations and check sampling programs.
Mr. Fumerton’s management profile includes work
experience as a project manager, exploration manager and general manager for
operations in Canada, Europe, Africa and Asia.
Stewart received his Doctorate in 1979 from the
University of Saskatchewan in Saskatoon and his P. Geo was accepted in 1999 by
the Association of Professional Engineers and Geoscientists of Saskatchewan as
a Professional Geoscientist.
Mr. Fumerton will assume overall responsibility for
management, supervision and direction of Yukon Gold’s exploration
activities and geological team on a full-time basis. In addition, he will be
actively involved in identifying advanced exploration projects and evaluating
their economic potential as possible acquisition targets for Yukon Gold. As
part of his compensation package, Stewart will be granted incentive stock
options to purchase up to 100,000 shares of the Company
"Yukon Gold is extremely pleased that a geologist
of Stewart’s experience and caliber has joined our team," said the
company's Chief Executive Officer, Paul Gorman. "His confidence in the asset
value of our properties and what we are building inside this company will
assist us greatly in moving our exploration programs forward through well
managed channels.”
About Yukon Gold
Yukon Gold Corporation,
Inc. is an active and progressive public exploration and development company.
The Company’s main focus is its late stage Zinc-Copper-Silver deposit
(Marg Property) and its Mount Hinton Gold and Silver exploration project in the
Central Yukon Territory of Canada. These properties lie within the Tombstone
Gold Belt, world renowned for the discovery of major gold, silver and base
metal deposits. Currently, there are approximately 22.6 million of the
Company’s common shares outstanding.
For More Information:
Yukon Gold Corporation,
Inc. Bruce Hodgman, Investor Relations
Paul Gorman, CEO (905)
582-9744
(416) 865-9869 Toll
Free (800) 295-0671
E: pgorman@yukongoldcorp.com bhodgman@yukongoldcorp.com
Company
Website: www.yukongoldcorp.com
FORWARD-LOOKING
STATEMENTS: This news release contains certain "forward-looking
statements" within the meaning of Section 21E of the United States Securities
Exchange Act of 1934, as amended. Except for statements of historical fact
relating to the company, certain information contained herein constitutes
forward-looking statements. Forward-looking statements are frequently
characterized by words such as "plan," "expect,"
"project," "intend," "believe,"
"anticipate", "estimate" and other similar words, or
statements that certain events or conditions "may" or
"will" occur. Forward-looking statements are based on the opinions
and estimates of management at the date the statements are made, and are
subject to a variety of risks and uncertainties and other factors that could
cause actual events or results to differ materially from those projected in the
forward-looking statements. These factors include the inherent risks involved
in the exploration and development of mineral properties, the uncertainties
involved in interpreting drilling results and other ecological data,
fluctuating metal prices, the possibility of project cost overruns or
unanticipated costs and expenses, uncertainties relating to the availability
and costs of financing needed in the future and other factors. The Company
undertakes no obligation to update forward-looking statements if circumstances
or management's estimates or opinions should change. The reader is cautioned
not to place undue reliance on forward-looking statements.