November 28, 2007
Vancouver, Canada -
November 28, 2007 - Yukon-Nevada Gold Corp. (Toronto Stock Exchange: YNG;
Frankfurt Xetra Exchange: NG6) is the
proud recipient of the Robert E. Leckie award for outstanding quartz (hard
rock) reclamation practices. Chairman E. Lynn Patterson received the award
on behalf of the Company on November 26th, 2007 at the Yukon
Geoscience Forum Awards Banquet in Whitehorse, Yukon Territory, Canada.
Energy, Mines and Resources
Minster Archie Lang said, "These awards acknowledge the efforts by
exploration and mining companies, operators and others who go above and
beyond the normal call of duty for responsible mining and
Earlier this year, Chief Jack
Caesar of the Ross River Kaska Dena Council presented a painting of the
mine site to the Company in appreciation of clean up efforts that the
Company has established and will maintain.
Yukon-Nevada Gold Corp. has been
operating a year round exploration drilling program at their wholly owned
Ketza River property near Ross River, Yukon Territory since April 2005. The
award reflects the vigorous clean up program on this previously abandoned
site. Reclamation efforts include: removing waste petroleum contaminants,
and chemicals from the site, disposing of six hundred barrels of various
substances and over one hundred truck loads of trash.
Three waste dump areas
established by the previous operator and previously drilled areas have been
reclaimed, re-sloped and seeded. Several old buildings and scrap metal have
been removed, the mill has been cleaned up and secured, and a new
incinerator has replaced the landfill.
Energy, Mines and Resources says
of the Company, "This award recognizes Yukon-Nevada Gold's progressive
policies and unwavering efforts to reclaim this mine site."
President Graham Dickson says,
"We are pleased that the efforts and dedication of our employees have
been recognized in this manner. Their commitment is a reflection of the
Company's environmental policies and of its own commitment to the
philosophy of sustainable mining. This philosophy and its resultant
practices are ones we intend to implement wherever we find mining
opportunities, whether those opportunities occur in Canada, the United
States or China." In addition Mr. Patterson stated, "To all of our management and
employees who contributed to this recognition of our Company, on behalf of
the Board of Directors we thank them."
Bob Leckie, after whom the award was named, was a Mayo mining
inspector and an innovator dedicated to developing progressive land use
practices for mining.
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.