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Veris Gold Corp. on the U.S. OTC had its U.S. stock registration revoked today:
YNGFF:
https://www.sec.gov/litigation/opinions/2021/34-91968.pdf
NOTE: Veris Gold Corp. has a dual listing on the U.S. OTC Market. Today there is an SEC Admin. proceeding for the company being severely delinquent in their U.S. financials.
https://www.sec.gov/litigation/admin/2019/34-86790.pdf
If I was a betting man I would bet I could buy 300k at .006. Just speculating. Go YNGFF.
http://ndep.nv.gov/docs_15/nev0000020_pFY15.pdf
WEB POSTING 02/02/2015
DEADLINE FOR COMMENT 03/04/2015
Notice of Proposed Action
Application for renewal of a Water Pollution Contol Permit for the Jerritt Canyon Mine, NEV0000020
NOTICE OF PROPOSED ACTION
The Director received an application for a new Class I(Title V)
Air Quality Operating Permit No. AP1041-3422,FIN A0004 from the following applicant
VERIS GOLD
USA, INC.
Jerritt Canyon Mine
HC31, Box 78
Elko
, Nevada, 89
801
https://ndep.nv.gov/docs_14/ap1041-3422%20%20Veris%20Gold%20Notice%20of%20Public%20Hearing.pdf
GLTU hope your dreams come true!
VERIS GOLD had a FIRE and a DEFAULT :
http://goldinvestingnews.com/40113/veris-gold-defaults-on-deutsche-bank-contracts.html
Not good. It went down to 10 cents or so, but I was on the road that day and could not buy any (I don't use a smart phone). Tough break. It recovered to 18 cents very fast, and now is 26 cents (morning of Feb. 18)
If production (i) resumes and then, (ii) increases, this will see 50 cents, again, and I can begin to recover. And if SPROTT buys back in, this will see a buck.
Dreams are sometimes all I have.
Hey I hear you, I gave this up when it dropped below .50, luckily I only had a small speculative starter and had no idea it would turn out like it did at the end of last year. I hope the current bounce is the first leg towards you getting some of your investment back! GLTU
Is this board active? The "yngff" board is closed to further posting.
F.W.I.W., I own many shares of Veris Gold, but I use the OTC moniker YNGFF to buy and sell them.
CURRENT COMMENT: A long while ago SPROTT abandoned his Veris Gold shares, which hurt me badly. I have held on and added to my position. Of course I am underwater, and recent events have also hurt me quite badly.
I see SPROTT reacquiring some tens of millions of shares of Veris Gold in 2014. He got out ahead of the downturn, he is smart that way ( I am not ).
He will also get back in ahead of the upturn (IMO), as long as Veris Gold returns to profitable production, and increases its annual production, Y.O.Y.
Could be. I will hold some thousands of shares, for that possibility . . . . .
Bottom's now in after low volume walk down, looking good for rest of the year. JMO
Great news but I wanna see some increased volume though to go with pps increase
Very nice update on the Dec NI43-101
Decided to BM the board after doing a lil DD over the weekend after a friend suggested it, GLTUA @ Veris!
PS Nice news today
In March 2013, Atna entered into an agreement with Veris Gold Inc. ("Veris") to process Pinson's ores in 5,000 ton or greater lots, providing an outlet for mixed ore (combinations of oxide and sulfide ore) and allowing Atna to decrease expected invested working capital. Shipment of Pinson sulfide ore commenced in April to the Jerritt Canyon roaster of Veris Gold.
NYBob How you doing, been adding VG down here seems very under valued. Looking forward to the next big run up.
LojikoYNG) thank you,
will ask for it a.s.s.p.
going to upgrade YNG's ticker to Veris Gold (TSE:VG)
Great article about the reasons behind yesterday's crazy price action. Apparently Instinet Canada Limited didn't get the memo about the R/S.
http://seekingalpha.com/article/944691-veris-gold-yukon-nevada-gold-stupidity-at-its-finest
Ps.
the request been done!
Hey, NYBob. Are you going to upgrade YNG's ticker to Veris Gold (TSE:VG)?
Great article about the reasons behind yesterday's crazy price action. Apparently Instinet Canada Limited didn't get the memo about the R/S.
http://seekingalpha.com/article/944691-veris-gold-yukon-nevada-gold-stupidity-at-its-finest
10 to 1 RS on OCT 9th
.31 new price should be $3.10
and if you have 1000 shares. Then you will have 100 New shares.
WARRING : some brokers may charge you a fee to swatch the shares, the last one I had switched was $35 or $45.
if it is like most of the reverse splits your share price should fall as more shares are sold off this week to prevent loss. I expect we will drop to about .18 to .20 before the split on Oct 9 with a new price of about $2 post split and dropping to $1.50 before recovering. Good luck.
Yukon-Nevada Gold Corp. Announces New Name and Listing on the Toronto Stock Exchange
VANCOUVER , Oct. 5, 2012 /CNW/ - Yukon-Nevada Gold Corp. (YNG.TO)(YNGFF)( Frankfurt Xetra Exchange: NG6) will commence trading on the Toronto Stock Exchange under the name Veris Gold Corp. and the symbol VG at start of market on Tuesday, October 9th .
All the issued and outstanding common shares of Yukon-Nevada Gold Corp. (YNG) will be consolidated on the basis of ten (10) old common shares for one (1) new common share. Shareholders of YNG will be receiving a Letter of Transmittal setting out the procedure to be followed in order for them to exchange their certificates representing YNG Shares for certificates representing Shares of Veris Gold Corp.
more at:
http://finance.yahoo.com/news/yukon-nevada-gold-corp-announces-183000595.html
Good deal. Thus far $0.25/sh seems to be the bottom. With the RS, that would be $2/sh. I've been looking for a place to buy in. I think I'll wait until after the consolidation tho.
Yukon-Nevada Gold Corp. Targets US Exchange Listing
Vancouver, BC -- August 15, 2012 --
Yukon-Nevada Gold Corp.
(TSX: YNG) (OTCBB: YNGFF) (Frankfurt Xetra Exchange: NG6) (the "Company") is pleased to announce that the Board of Directors has authorized management to pursue a listing of the Company's shares on the NYSE MKT Exchange (the "Exchange") (formerly AMEX Exchange) to complement the current TSX listing.
In conjunction with the NYSE MKT listing the Company will implement a consolidation of its outstanding shares to comply with the listing requirements of the Exchange.
Shaun Heinrichs, Co-CEO commented, "This is a significant milestone for the Company. We have received near universal requests from investors to make the move to a US Exchange and to consolidate the outstanding shares. This action demonstrates that we are taking the steps required to provide improved market access for new and existing shareholders. The listing and share consolidation will improve trading logistics and open the door to US investors that are currently unable to invest. With our primary producing operations located in Nevada, we believe that supporting the US investor base with this move is a logical next step in increasing market interest in our Company. A consolidated share price is also likely to increase investor participation in Canada for our TSX listing."
The Exchange requires a minimum $2.00 share price to qualify for initial listing, which at the current share price would require a minimum 1-for-8 share consolidation. Subject to the Company meeting both the quantitative and qualitative criteria of the Exchange, the listing is expected to occur early in fourth quarter of this calendar year. To this end the Company has initiated a Special Meeting of Shareholders to take place on October 2, 2012 to vote on the consolidation of the shares. Details of the time and place of the Special Meeting will be forthcoming.
Yukon-Nevada Gold Corp. is a growing mid-tier North American gold producer in the business of developing and operating gold mines in geo-politically stable jurisdictions. The Company's primary asset is the permitted and operating Jerritt Canyon gold mine located 50 miles north of Elko, Nevada, USA. The Company also holds a diverse portfolio of precious metals properties in British Columbia and the Yukon Territory, Canada, including the former producing Ketza River mine. The Company's focus has been on the re-development of the Jerritt Canyon mining and milling facility.
For more information please contact:
Yukon-Nevada Gold Corp.
Richard Moritz
Senior Director, Institutional Investor Relations
Tel: (604) 688-9427
Email: rmoritz@yngc.ca
Nicole Sanches
Investor Relations Manager
Tel: (604) 688-9427 ext 224
Email: nicole@yngc.ca
www.yukon-nevadagold.com
CHF Investor Relations
Jeanny So
Director of Operations
Tel: (416) 868-1079 ext. 225
Email: jeanny@chfir.com
www.chfir.com
AXINO AG
Wolfgang Seybold
Chairman
Tel: +49 711 25 35 92 40
Email: wolfgang.seybold@axino.de
www.axino.de/
If you would like to receive press releases via email please contact nicole@yngc.ca and specify "Yukon-Nevada Gold Corp. releases" in the subject line.
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.
The Exchange requires a minimum $2.00 share price
to qualify
for initial listing, which at the current share price would
require a minimum 1-for-8 share consolidation.
Subject to the Company meeting both the quantitative and
qualitative criteria of the Exchange, the listing is expected to
occur early in fourth quarter of this calendar year.
To this end the Company has initiated a Special Meeting of
Shareholders to take place on October 2, 2012 to vote on the
consolidation of the shares. Details of the time and place of the
Special Meeting will be forthcoming.
Yukon-Nevada Gold Co (YNG)
0.265 ? 0.01 (3.92%)
Volume: 628,000 @ 3:59:16 PM ET
Bid Ask Day's Range
0.265 0.27 0.265 - 0.28
TSE:YNG Detailed Quote Wiki
Yukon-Nevada Gold Corp. Jerritt Canyon Operation Provides Production Update
VANCOUVER , Aug. 9, 2012 /CNW/ - Yukon-Nevada Gold Corp. (YNG.TO) (OTC:YNGFF) ( Frankfurt Xetra Exchange: NG6) is pleased to announce that two conveyors have been successfully installed to replace a problematic bucket elevator at its wholly-owned Jerritt Canyon gold processing facility in Elko County, Nevada. Jerritt Canyon is operated by Queenstake Resources USA Ltd. ("Queenstake"), a wholly-owned subsidiary of Yukon-Nevada Gold Corp. ("YNG" or the "Company").
In July, a bucket elevator in the fine crushing unit was replaced with two conventional belt conveyors. The bucket elevator had been installed during the January 2012 shutdown, but caused significant plant downtime and could not reach design specifications due to persistent mechanical failure. The new conveyors were sourced from equipment inventory already at the site which significantly reduced costs. The conveyor installation was completed on July 11, 2012 and they have operated without a problem since that time. The conveyors have allowed crushing to operate at substantially over 300 tons per hour ("tph"), well in excess of the current 220 tph capacity of the ore roasters.
The operation produced and shipped 10,964 ounces of gold in July. This was achieved despite lower production throughput in the first eleven days of the month while a bypass screen and crushing plant operated during the switch-out of the bucket elevator to the new conveyors. The moderate under-performance of the temporary bypass crusher was due to equipment over-heating while running a full capacity. The new conveyors are operating very well and running above required capacity as planned.
Randy Reichert , Co-CEO and COO, commented, "Completion of the conveyor installation provides a permanent solution to the bottleneck in the fine crushing unit and represents the removal of the last remaining restriction to operating the mill at capacity as allowed by the Consent Decree (currently 5,280 tons per day). Our team at Jerritt Canyon did an excellent job removing the bucket elevator and installing the new conveyors in such a short period of time. This has allowed us to remain on track to meet planned production targets for 2012."
Mining at the SSX-Steer company-operated underground mine continues to ramp up production. During July 27,300 tons were mined and the mine is on track to reach the production target of 1,200 tons per day in the third quarter of this year. Smith mining continued to produce at the planned rate of 1,200 tons per day during the month of July.
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 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.
http://finance.yahoo.com/news/yukon-nevada-gold-corp-jerritt-103000251.html
Yukon-Nevada Gold Corp. Drills 26.23 m Grading 11.45 g/t Au at Jerritt Canyon, Nevada
VANCOUVER, Aug. 2, 2012 /CNW/ - Yukon-Nevada Gold Corp. (TSX: YNG; OTC: YNGFF) (Frankfurt Xetra Exchange: NG6) is pleased to announce assay results from its ongoing 2012 underground drilling program at the Jerritt Canyon gold operation in Nevada, USA. Jerritt Canyon is operated by Queenstake Resources USA, Inc., ("Queenstake") a wholly-owned subsidiary of Yukon-Nevada Gold Corp. ("YNG" or the "Company").
HIGHLIGHTS
•SMI-LX-787 intersected 3.66 meters at 26.13 g/t
•SMI-LX-796 intersected 9.45 meters at 5.28 g/t
•SMI-LX-813 intersected 10.67 meters at 6.31 g/t
•SMI-LX-814 intersected 26.23 meters at 11.45 g/t
•SMI-LX-815 intersected 16.77 meters at 5.62 g/t
Thirty seven diamond core drill holes (SMI-LX-783 thru LX-819) totaling 31,668 ft. (9,659 m) have been completed at the Smith Mine during the period November 1, 2011 to July 31, 2012. Twenty-nine drill holes totaling 23,081 ft. (7,040 m) are categorized as exploration drilling while the remaining eight drill holes constitute resource conversion drilling.
Todd Johnson, VP Exploration for YNG, states that, "Resource conversion and exploration drilling is integral to support mine planning and development. The excellent assay results reported here continue to demonstrate the opportunities to discover and delineate additional mineralization both proximal to and within existing mine(s) infrastructure in support of short and long term mine production goals."
William Hofer, Chief Geologist for Jerritt Canyon, states, "The Zone 5 resource conversion drilling presented an excellent opportunity to quickly convert approximately 20,000 ounces of gold to a reserve classification. The initial excellent assay results give confidence that this drilling could result in reserve development exceeding that of the resource estimate. These ounces are proximal to existing underground development and are relatively near to the Smith Mine portal which will contribute to efficient production to be scheduled for the second half of 2013."
Resource Conversion
Zone 3:
SMI-LX-783 was the final resource conversion hole drilled in 2011. This drill hole intended to test for mineralization along the southeasterly strike of the Zone 3 mineralized trend. SMI-LX-783 was designed to further off-set mineralization intersected in earlier drill holes SMI-LX-750 through SMI-LX-752 whose results were reported in previous YNG news releases dated January 24, 2011 and September 7, 2010.
Significant assay results from SMI-LX-783 are highlighted by 18.0 ft. (5.49 m) assaying 0.151 opt (5.18 g/t). All significant assay results, for SMI-LX-783, are listed in Table 1.
(Click on link at bottom to view Table 1)
Zone 5:
A hiatus in resource conversion drilling occurred during the period December 2011 through April 2012 as a result of logistics related to mine production. In May a drill platform became available in Zone 5 and resource conversion drilling recommenced. A planned fourteen drill hole program was initiated targeting the conversion of inferred and indicated resources (as documented in the April 27, 2012 NI 43-101 located on the YNG website here: http://www.yukon-nevadagold.com/s/TechnicalReports.asp totaling approximately 20,000 ounces of gold
To date seven drill holes have been completed (SMI-LX-813 through SMI-LX-819) and assay results have been received from the first three drill holes. Significant assay results are listed in Table 2 and highlighted by drill hole number SMI-LX-814 that encountered 86.0 ft. (26.23 m) assaying 0.334 opt (11.45 g/t) and drill hole number SMI-LX-815 that encountered 55.0 ft. (16.77 m) assaying 0.164 opt (5.62 g/t).
(Click on link at bottom to view Table 2)
Exploration
Zone 4:
During the period December 2011 through April 2012 an exploration drill program was conducted targeting a 1,200 ft. (366 m) X 1,000 ft. (305 m) area lying between mining zones 3 & 4. This area is essentially void of historic drill holes. The program was designed to test for mineralization occurring along potential sympathetic structures parallel to those structures controlling the mineralization in Zones 3 and 4.
Twenty-nine drill holes (SMI-LX-784 through SMI-LX- 812) totaling 23,081 ft. (7,040 m) have been completed. Fourteen drill holes (SMI-LX-784 through SMI-LX-797) have been sampled and assayed. Sampling is pending for the remaining drill holes as priority has been placed upon sampling Zone 5 resource conversion drill core.
Significant assay results received to date from Zone 4 are listed in Table 3 and highlighted by drill hole numbers SMI-LX-787 that encountered 12.0 ft. (3.66 m) assaying 0.762 opt (26.13 g/t), and SMI-LX-796 31.0 ft. (9.45 m) assaying 0.154 opt (5.28 g/t).
(Click on link at bottom to view Table 3)
Cross sectional and plan view maps illustrating the drilling and significant assay results for Zones 3, 4, & 5, reported upon in this news release, can be found on the Company website here at http://www.yukon-nevadagold.com/i/pdf/Smith_Mine_2012_UG_maps.pdf
A table summarizing all of the assay results received to date, and reported upon in this news release, can be found on the Company website here at http://www.yukon-nevadagold.com/i/pdf/Smith_Mine_2012_UG_drill_assay_results.pdf
Assaying of all samples from the 2011 surface drill program reported in this news release were conducted by ALS Laboratory Group in Reno, Nevada using standard fire assay techniques. Assay intercepts are reported as drilled. True widths have not yet been calculated; given the geometry of the mineralization at Jerritt Canyon, the concept of true width is not always meaningful before delineation drilling has been completed. The company's 2010 and 2011 Quality Assurance and Quality Control protocols are available at the Company's website: http://www.yukon-nevadagold.com/i/pdf/JC_Assay_Protocols.pdf
The information in this news release was compiled and reviewed by William Hofer B.Sc., Chief Geologist, Jerritt Canyon Mine. The information contained in this news release has been reviewed and approved by the Company's Vice President of Exploration, Todd Johnson, M.Sc. (Qualified Person per the requirements of NI 43-101).
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 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.
Website: http://www.yukon-nevadagold.com
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
SOURCE: Yukon-Nevada Gold Corp.
For further information:
Yukon-Nevada Gold Corp.
Richard Moritz
Senior Director, Institutional Investor Relations
Tel: (604) 688-9427
Email: rmoritz@yngc.ca
Nicole Sanches
Investor Relations Manager
Tel: (604) 688-9427 ext 224
Email: nicole@yngc.ca
www.yukon-nevadagold.com
http://www.newswire.ca/en/story/1015673/yukon-nevada-gold-corp-drills-26-23-m-grading-11-45-g-t-au-at-jerritt-canyon-nevada
Yukon-Nevada Gold Corp. Drills 30.80 m Grading 10.53 g/t Au at Jerritt Canyon, Nev
Vancouver, BC -- July 24, 2012 -- Yukon-Nevada Gold Corp. (TSX: YNG; OTC:YNGFF) (Frankfurt Xetra Exchange: NG6) is pleased to update results from its 2011 surface drilling program at the Starvation Canyon Project ("Starvation") which is located at its wholly-owned Jerritt Canyon gold operation in Nevada, USA. Jerritt Canyon is operated by Queenstake Resources USA, Inc., ("Queenstake") a wholly-owned subsidiary of Yukon-Nevada Gold Corp. ("YNG" or the "Company").
HIGHLIGHTS
• TJ-353 intersected 30.80 meters at 10.53 g/t gold
• TJ-356 intersected 27.60 meters at 8.37 g/t gold
• TJ-357 intersected 17.99 meters at 9.81 g/t gold
This press release updates the 2011 surface drilling program specific to the Starvation project and completed as part of the pre-development due diligence process. The 2011 Starvation drill program consisted of 12 oriented diamond core drill holes totaling 5,251ft. (1,602m) and 12 reverse circulation (RC) drill holes totaling 7,490ft. (2,284m). The RC drill hole assay results were previously published in a YNG press release on January 31, 2012.
The diamond drill program had two objectives:
1. collect oriented drill core for laboratory test-work to enable an assessment of the rock mechanics of the deposit to help with mine engineering design (3 drill holes);
2. target additional ore body drill penetrations to enable conversion of inferred resources (identified in the previously published Jerritt Canyon December 31, 2011 National Instrument 43-101 Technical Report dated April 27, 2012) to the indicated and/or measured category (9 drill holes).
Three oriented diamond drill holes were targeted to assess the geotechnical characteristics of the proposed surface portal and underground decline that will provide access to the deposit resources. These drill holes (TJ-359, TJ-362, and TJ-363) were sampled and assayed and did not return any significant assay results.
Of the nine drill holes drilled within the resource boundary for resource conversion and/or geotechnical information, seven drill holes contained significant mineralization. The significant assay results received as of July 16, 2012 are listed in Table 1 below and are also listed in a complete compilation table on the YNG website at http://www.yukon-nevadagold.com/s/DrillHole_Assays.asp.
A surface plan map showing the drill hole locations and the drill hole assay highlights can be found on the Company website here http://www.yukon-nevadagold.com/i/pdf/StarvationDrillingMap_2011.pdf and here http://www.yukon-nevadagold.com/i/pdf/StarvationDrillAssayResults_2011update.pdf.
Table 1. Significant 2011 Diamond Drill Hole Assay Results from Starvation Canyon.
(Click on the link at the bottom to view Table 1)
Golder & Associates are the engineering firm that was contracted to conduct the geotechnical data collection and oversee laboratory test work for this drill program. A final report detailing their findings and recommendations is forth coming.
Assaying of all samples from the 2011 surface drill program reported in this news release were conducted by ALS Laboratory Group in Reno, Nevada using standard fire assay techniques. Assay intercepts are reported as drilled. True widths have not yet been calculated; given the geometry of the mineralization at Jerritt Canyon, the concept of true width is not always meaningful before delineation drilling has been completed. The company's 2010 and 2011 Quality Assurance and Quality Control protocols are available at the Company's website: http://www.yukon-nevadagold.com/i/pdf/JC_Assay_Protocols.pdf
The information in this news release was compiled and reviewed by William Hofer B.Sc., Chief Geologist, Jerritt Canyon Mine. The information contained in this news release has been reviewed and approved by the Company's Vice President of Exploration, Todd Johnson, M.Sc. (Qualified Person per the requirements of NI 43-101).
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 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. For more information, visit us at http://www.yukon-nevadagold.com
For more information please contact:
Yukon-Nevada Gold Corp.
Richard Moritz
Senior Director,
Institutional Investor Relations
Tel: (604) 688-9427
Email: rmoritz@yngc.ca
Nicole Sanches
Investor Relations Manager
Tel: (604) 688-9427 ext 224
Email: nicole@yngc.ca
www.yukon-nevadagold.com
http://finance.yahoo.com/news/yukon-nevada-gold-corp-drills-103000635.html
Yukon-Nevada Gold Commences Portal Earthworks at Starvation Canyon Underground Mine
VANCOUVER - July 9, 2012 /CNW/ - Yukon-Nevada Gold Corp. (YNG.TO; OTC:YNGFF) (Frankfurt Xetra Exchange: NG6) is pleased to announce the commencement of earthworks for the establishment of the Starvation Canyon portal face located in the southern portion of Jerritt Canyon in Elko County, Nevada. Jerritt Canyon is a gold producing mine site operated by Queenstake Resources USA Ltd., a wholly-owned subsidiary of Yukon-Nevada Gold Corp. (the "Company").
Permitting activities with the State of Nevada were completed in 2011 allowing the Company to begin advancing Starvation Canyon to an underground mine project. The current plan is to have 150 feet of portal development in place before winter starts.
Ore production from the Starvation Canyon mine will commence in 2013 at a targeted rate of 300 to 600 ore tons per day. The Company will use underground mining contractors for the initial phase while evaluating equipment purchase options in the interim.
The 2011 surface exploration program at Starvation Canyon produced the following highlights as reported in a news release dated January 31, 2012:
• TJ-366 intersected 28.97 meters at 18.86 g/t gold;
• TJ-364A intersected 9.15 meters at 7.68 g/t gold; and
• TJ-367 intersected 7.63 meters at 6.31 g/t gold.
The Starvation Canyon Measured and Indicated resource including reserves as of December 31, 2011 is 5.9 kt averaging 0.294 opt containing 1,700 ounces and 519.4kt averaging 0.25 opt containing 130,000 ounces, respectively. This information is referenced in the latest NI 43-101 which can be found here: http://www.yukon-nevadagold.com/i/pdf/Jerritt_43-101_Technical_Report_YE2011.pdf
Randy Reichert ; Co-CEO and President, and COO states, "This is a quite an exciting milestone that we have achieved at Jerritt Canyon. We are looking forward to adding Starvation Canyon gold production to our pipeline which includes production from our two existing mines; the Smith and SSX/Steer mines."
The last previous major underground mine development at Jerritt Canyon was the Steer Mine which started in 2004.
Additional activities in the south part of the Jerritt Canyon district will include exploration drilling at the West Starvation target later this year. The drilling will test several anomalies identified from last year's Titan-24 direct current induced-polarization magnetotelluric (DC-IP-MT) ground survey.
The information contained in this news release has been reviewed and approved by the Company's Vice President of Exploration, Todd Johnson , M.Sc. (Qualified Person per the requirements of NI 43-101).
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 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. For more information, visit us at http://www.yukon-nevadagold.com
http://finance.yahoo.com/news/yukon-nevada-gold-corp-commences-103000413.html
This is fantastic company news. I added more shares on this news.
It's baffling to me the shares haven't moved much higher on receiving it.
Yukon-Nevada Gold Corp. Jerritt Canyon Operation Achieves Steady-State Production and Positive Cash Flow
VANCOUVER , June 18, 2012 /CNW/ - Yukon-Nevada Gold Corp. (YNG.TO; OTC:YNGFF) ( Frankfurt Xetra Exchange: NG6) is pleased to announce that its wholly-owned Jerritt Canyon processing facility in Nevada has reached steady-state operation. After facing a series of challenges in reaching target gold production rates earlier this year following a planned shutdown in January, Jerritt Canyon has operated continuously over the last month processing an average of 4,112 tons per day. Jerritt Canyon is operated by Queenstake Resources USA Ltd., ("Queenstake") a wholly-owned subsidiary of Yukon-Nevada Gold Corp. ("YNG" or the "Company").
In the first half of June the plant has processed an average of 4,200 tons per day, 7% higher than planned production of 3,933 tons per day. In the past month including the first fifteen days of June, gold recoveries were over 12,000 ounces recovered to the CIL circuit, 11,218 ounces were shipped with the remainder still in plant inventory. At this level of production the Company is generating positive cash flow from operations as well as covering the maintenance capital required to continue to operate the facility effectively going forward.
A further increase in crushing circuit availability will be achieved by the replacement of an inadequately manufactured bucket elevator supplied and installed during the recent shutdown, which was the cause of serious downtime in the first four months of this year. Construction required to replace this component with two conventional belt conveyors is expected to be completed during the next four weeks. A backup mobile crushing and screening plant has been installed and tested in order to ensure continued plant performance during the replacement phase.
On April 25 the Company received an order allowing it to operate both roasters at 110 tons per hour per roaster, an increase of 22%. This was an important step in the operation ramping production up to 4,600 tons per day by the end of 2012 and 4,800 tons per day in Q1 2013. The Company will be pursuing further increases in the allowed operating rate as the year progresses and the emissions technology installed is shown to be effective.
Randy Reichert , Chief Operating Officer commented, "Our team at Jerritt Canyon has worked incredibly hard to bring the operation to commercial levels. We are now seeing the results of this effort and the operation is in excellent shape to meet our gold production target for 2012 of between 140,000 and 150,000 ounces."
This news release was reviewed and approved by the Company's Chief Operating Officer, Randy Reichert , M.Sc. P.Eng., the Qualified Person under NI 43-101 for purposes of this release.
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 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. Visit us at http://www.yukon-nevadagold.com
http://finance.yahoo.com/news/yukon-nevada-gold-corp-jerritt-103000479.html
Yukon-Nevada Gold Corp. Signs Socio-Economic Participation Agreement with Five Kaska First Nations
VANCOUVER , April 30, 2012 /CNW/ - Yukon-Nevada Gold Corp. (YNG.TO; OTC:YNGFF) (NG6) is pleased to announce that, along with its wholly owned subsidiary, Ketza River Holdings Ltd., it has signed a Socio-Economic Participation Agreement ("SEPA") with Kaska First Nations ("Kaska") located in both Northern British Columbia and the Yukon Territory.
The SEPA has been negotiated over the last five years and is designed to foster and promote social and economic opportunities for First Nations members and contractors. There are also numerous beneficial effects that accrue to Yukon-Nevada Gold Corp. ("YNG" or the "Company").
In addition to annual fixed and variable payments, YNG commits to the provision of both training and employment opportunities to the local First Nations. YNG seeks to the further development of the Kaska workforce from which the Company will hire employees and/or contractors and to that end will make annual payments into a scholarship fund for qualified Kaska citizens.
Ongoing input by Kaska Citizens to the Ketza River Project ("Project") will be facilitated by the hiring of an Aboriginal Liaison Officer ("ALO"). The ALO will act as a communication link between YNG and Kaska citizens. A Management Advisory Committee will also be created, with the responsibility to ensure the equitable enactment of the SEPA especially related to the training, employment and business opportunities provided by the Project.
"We are very pleased with this agreement," said Chief Jack Caesar . "For too long the riches from Kaska traditional lands have been taken without benefit to our communities. Yukon-Nevada Gold's commitment in this SEPA to share benefits of this project with the Kaska is the principled approach we have been seeking and expect from all resource companies working in our traditional lands."
Chief Liard McMillan said of the agreement, "Liard First Nation was pleased to work with Ross River Dena Council and all of the Kaska to reach this significant milestone with the Company. Through mutual respect for Kaska lands and the environment as our first priority, this agreement shows that Kaska Territory is open for business, when it's done the right way. We look forward to a long term positive relationship with Yukon-Nevada Gold."
The SEPA provides and indicates Kaska support for the Project and requires YNG's compliance with the spirit and intent of the SEPA and all applicable laws and regulations. This lends the Project greater certainty and stability as it undergoes permitting and assessment. YNG's proposal for the Ketza River Mine is currently undergoing assessment by the Executive Committee of the Yukon Environmental and Socio-economic Assessment Board ("YESAB"). YESAB concluded its adequacy review of the proposal on February 28 th, 2012 and YNG is currently working to address YESAB's requests for supplementary information.
Finally, the SEPA reinforces YNG's commitment to the implementation of the Traditional Knowledge Protocol, signed July 20 th, 2011. YNG continues to work hard at recognizing and protecting traditional knowledge in the area around the Project.
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 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.
website, http://www.yukon-nevadagold.com
http://finance.yahoo.com/news/yukon-nevada-gold-corp-signs-103000725.html
Yukon-Nevada Gold Co (YNG)
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Yukon-Nevada Gold Corp. Announces Highlights and Year End Results for 2011
VANCOUVER , March 30, 2012 /CNW/ - Yukon-Nevada Gold Corp. (TSX: YNG.TO; OTC:YNGFF - News) ( Frankfurt Xetra Exchange: NG6) today announced the financial and operating results for the year ended December 31, 2011 . This information should be read in conjunction with the Company's audited annual consolidated financial statements and the related notes contained therein, which have been prepared in accordance with International Financial Reporting Standards ("GAAP" or "IFRS"), as issued by the International Accounting Standards Board ("IASB"); and, the corresponding Management's Discussion and Analysis (''MD&A'').
The Company previously prepared its annual consolidated financial statements in accordance with Canadian generally accepted accounting principles ("Canadian GAAP"). A reconciliation of the previously disclosed comparative periods' financial statements prepared in accordance with Canadian GAAP to IFRS is set out in Note 27 to the consolidated financial statements for the year ended December 31, 2011 .
The Company's 2010 comparatives in the MD&A have restated and presented in accordance with IFRS. As the date of transition to IFRS was January 1, 2010 , the 2009 comparative information included in the MD&A have not been restated to be in accordance with IFRS. All dollar amounts are expressed in United States Dollars unless otherwise specified.
Highlights for the period ended December 31, 2011 include:
• The Jerritt Canyon Mill shipped 13,864 ounces of gold during the quarter from purchased ore, stockpiles and mining operations, compared with 22,777 ounces of gold in 2010. Total ounces produced for the quarter declined significantly compared with the fourth quarter of 2010 primarily as a result of the Company processing higher grade (and higher cost) Newmont ore in the fourth quarter of 2010 and higher than normal down time as a result of continued delays in the annual shutdown (originally scheduled for June of 2011) as the site waited for key components required for completing the installation of the ore dryer. Jerritt Canyon shipped a total of 67,748 ounces from stockpiles, purchased ore, and mining operations for the year ended December 31, 2011 compared with 65,104 ounces for the year ended December 31, 2010 .
• The Company took delivery of sufficient mining equipment to ramp up mining of the SSX-Steer mine, as well as equipment for the mill facilities, completed significant upgrades to the lab, continued work on the structure for the new ore dryer, including installation of the bag house and scrubbers (used to reduce sulfur dioxide emissions), and completed the lining of the two new water storage reservoirs with the remaining lining of the second tailings facility to be completed in 2012. The Company also carried out extensive exploration activities in the fourth quarter in Starvation Canyon, Mahala, and existing areas of activity (Smith and SSX-Steer) as well as two of the historical pit areas.
• The Company closed a $120 million Forward Gold Purchase Agreement ("Gold Purchase Agreement") with Deutsche Bank AG ("Deutsche Bank") on August 12, 2011 for the delivery of 173,880 ounces over a four year period, commencing September 30 , 2011. The proceeds of the Gold Purchase Agreement are primarily being used for capital expenditures at the Jerritt Canyon property, including the winterization of the processing facility, construction of the second tailings storage facility and development of the existing underground and open pit mines in addition to further improvements to the gold production processes to enhance throughput at the mill. The proceeds were also used to repay the senior secured notes issued to note holders led by Sprott Asset Management LP in August 2010 (the "Notes").
• On May 24, 2011 the Company closed a non-brokered private placement for a total of 33.5 million units with Deutsche Bank AG at a price of C$0.43 per unit for proceeds of C$14.4 million. Each unit contains one common share and one warrant with a twenty-four month term at an exercise price of C$0.55. The Company also closed a non-brokered private placement for a total of 8.3 million common shares at a price of C$0.85 per share for proceeds of $7.2 million .
• The gross margin from mining operations at the Jerritt Canyon Mine was a loss of $2.8 million in the three months ended December 31, 2011 , compared with $8.0 million for the same period in 2010, a significant improvement as Jerritt Canyon reduced the processing of third party ore and focused on processing stockpiles and ore from the Smith and SSX-Steer mines. The benefit of processing lower cost ore was offset by the significant down time during the quarter as the operations carried out critical maintenance work while waiting for the arrival of equipment required for a complete shutdown maintenance and upgrade program. For the year-ended December 31, 2011 the operations lost $25.9 million compared with $11.6 million in the year-ended December 31, 2010 , primarily resulting from the processing of higher cost third party ores and significant downtime during the year.
• The Company had a loss of $7.5 million in the fourth quarter of 2011 compared to a loss of $49.3 million in the fourth quarter of 2010. This lower loss in 2011 is largely due to the improvement in the gross margin from operations and the significantly lower loss on revaluation of warrants largely arose from the loss from mining operations noted above as well as the interest costs on the $25 million Notes and derivative losses of $7.2 million .
Jerritt Canyon Overview
During the fourth quarter of 2011, Small Mine Development delivered 81,843 dry tons to the mill containing 13,172 ounces from the Smith mine, lower than previous quarter deliveries of 87,330 tons containing 14,893 ounces as they focused on capital development during the quarter.
During the fourth quarter, the Company purchased 31,953 dry tons of ore from Newmont, containing 1,643 ounces, at an average cost per wet ton of $93 . The ounces purchased and the cost per ton, which is a function of grade and gold price, was lower than the previous quarter as Newmont delivered lower grade stockpiles throughout the fourth quarter and deliveries ceased by mutual agreement after November, with the existing contract expiring at the end of December 2011 .
With the commencement of mining at the SSX-Steer mine in the fourth quarter of 2011, the Company also took delivery of 9,051 tons to the mill containing 1,117 ounces. The rate of mining increased throughout the quarter as the Company continued recruiting mining personnel and took delivery of additional equipment.
Equipment failures during the year led to significant downtime for the mill operations. Most of the problems were the result of aging equipment and have largely been rectified following the outages. With the resulting low tonnages during the year, the largely fixed costs (82%) of operating the mill contributed to an overall higher cost of production. The combination of low tonnages and the high relative proportion of purchased ore processed resulted in a negative margin during the year. With the completion of the shutdown in January 2012 the Company expects to be able to increase the daily production amounts and, with a phase out of purchased ore occurring at the end of 2011, will be processing a larger portion of higher grade ore from the Smith, SSX-Steer mine and also from lower cost stockpiles, a significant improvement in margins will be realized.
The surface exploration program in 2011 has identified a number of areas of interest and proven the viability of the East and West Mahala resources which lie between the Smith and the SSX-Steer mine. Additional survey work in the Starvation area has identified further areas of interest that will need to be explored in the 2012 drill program as well. These results have largely been incorporated into a new reserve up date that the Company expects to release in the second quarter of 2012.
The Company will also continue building the necessary infrastructure and making equipment purchases in order to open a third mine on the property, Starvation Canyon, located on the south end of Jerritt Canyon.
Ketza River Overview
For the entire 2011 year, a total of 26 drill holes totaling 9,529 feet were completed at the Ketza River Project. All 2011 Ketza River drill hole assays were in progress as of December 31, 2011.
Questions are being addressed to the Yukon Environmental and Socio-economic Assessment Board ("YESAB") regarding the Yukon Environmental and Socio-economic Assessment Application ("YESAA") that was submitted in late September of 2011. This report assesses the environmental and socio-economic effects of activities and will integrate scientific information, traditional knowledge and other local knowledge. The time schedule for the YESAA review will be a minimum of one year from the submission date.
Various other YESAB work have been completed during the quarter including several meetings with local communities ( Ross River , Faro, and Teslin) and local First Nations ( Ross River Dena and Teslin) were held to update everyone on the Company's proposed Ketza River Mine Project. Numerous meetings were also held with the Water Board, YESAA, Water Resources, and Energy, Mines and Resources to help address project needs and the water license application for the existing tailings pond. Bids for a new large capacity arsenic treatment plant have been acquired in order to help treat all tailings water prior to discharging into Cache Creek.
Chief Executive Officer Robert Baldock stated, "While the results for the period are an improvement, they do not yet reflect the improvement and progress achieved on the ground at Jerritt Canyon. The replacement equipment, new ore dryer, winterization and other improvements around the installation and commissioning of this equipment has taken priority over the last two months - and the company expects to see an improvement in tonnage through the plant once this commissioning stage is completed. Late deliveries of capital equipment and issues with commissioning this equipment have disappointingly extended this process and the company is working hard to finalize this last stage and achieve steady state operations."
Details of the Company's financial results are described in the audited annual consolidated financial statements and management's discussion and analysis, which will be available on the Company's website, http://www.yukon-nevadagold.com/s/FinancialStatements.asp and SEDAR, http://www.sedar.com
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 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.
http://finance.yahoo.com/news/yukon-nevada-gold-corp-announces-103000615.html
Yukon-Nevada Gold Co (YNG)
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Yukon-Nevada Gold Corp. Announces Significant Surface Drilling Results from Open Pit Targets
March 21, 2012 6:30 AM ET.
VANCOUVER, March 21, 2012 /PRNewswire/ - Yukon-Nevada Gold Corp. (TSX: YNG; OTC:YNGFF) (Frankfurt Xetra Exchange: NG6) is pleased to report results from its 2011 surface drilling program which evaluated targets for open pit mining located at its wholly-owned Jerritt Canyon gold operation in Nevada, USA. Jerritt Canyon is operated by Queenstake Resources USA Ltd., ("Queenstake") a wholly owned subsidiary of Yukon-Nevada Gold Corp. ("YNG" or the "Company").
HIGHLIGHTS
•BB-1457 (Burns Basin): 21.35m at 4.05 g/t;
•BB-1471 (Burns Basin): 22.87m at 3.40 g/t;
•SC-1385 (Saval): 36.60m at 2.47 g/t;
•SC-1394 (Saval): 16.77m at 7.85 g/t;
•PC-144 (Pie Creek): 9.15m at 4.15 g/t;
•NG-1056 (W. Generator): 15.25m at 1.82 g/t
This 2011 surface drill program included 141 drill holes totaling 49,080 ft, (14,968 m) and "in-filled" on and expanded upon historic drill data from three previously mined open pits and one area never previously mined including:
•Burns Basin (open pit); 61 drill holes totaling 23,740 ft. drilled (7,240.7m);
•Saval (open pit); 23 drill holes totaling 12,520 ft. drilled (3,818.6m); and
•Pie Creek (resource area); 17 drill holes totaling 5,600 ft. drilled (1,708.0m); and
•W. Generator/MCE (open pit); 40 drill holes totaling 7,220 ft. drilled (2,201.1m).
Significant assay results from this drill program are shown in Tables 1 to 4. Surface plan maps illustrating drill hole locations and an assay summary table can be found on the Company website here: http://www.yukon-nevadagold.com/i/pdf/OpenPitSurExplMaps_2011.pdf and here: http://www.yukon-nevadagold.com/i/pdf/OpenPitSurExplDrillAssayResults_2011.pdf
Table 1. Significant 2011 Drill Hole Assay Results from Burns Basin.
Table 2. Significant 2011 Drill Hole Assay Results from West Generator (NG +3.74%, news) & MCE (MC)
Table 3. Significant 2011 Drill Hole Assay Results from Saval.
Table 4. Significant 2011 Drill Hole Assay Results from Pie Creek.
Open pit mining at Jerritt Canyon took place from 1981 to 1999 from 13 open pits with total mining production of approximately 5.2 million contained ounces from 29,801,300 tons averaging 0.175 opt (6.00 g/t) Au. The previous open pit mining at Jerritt Canyon ceased when the gold prices were at significantly lower levels (less than $280 per troy ounce).
Previous 2011 surface drill hole assay results have been reported from Mahala, West Mahala, and Starvation Canyon in separate press releases. Geologic and mine engineering modeling are in progress to quantify the resources and reserves amenable to open pit and any potential underground mining and will be reported upon in an NI 43-101 Technical Report scheduled to be published in April, 2012.
Assaying of all samples from the 2011 surface drill program reported in this news release were conducted by ALS Laboratory Group in Reno, Nevada using standard fire assay techniques. Assay intercepts are reported as drilled. True widths have not yet been calculated; given the geometry of the mineralization at Jerritt Canyon, the concept of true width is not always meaningful before delineation drilling has been completed. The company's 2010 and 2011 Quality Assurance and Quality Control protocols are available at the Company's website: http://www.yukon-nevadagold.com/i/pdf/JC_Assay_Protocols.pdf
The information in this news release was compiled and reviewed by William Hofer B.Sc., Chief Geologist, Jerritt Canyon Mine. The information contained in this news release has been reviewed and approved by the Company's Vice President of Exploration, Todd Johnson, M.Sc. (Qualified Person per the requirements of NI 43-101).
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 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.
Contacts:
Yukon-Nevada Gold Corp.
Richard Moritz
Senior Director
Institutional Investor Relations
Tel: (604) 688-9427
Email: rmoritz@yngc.ca
Nicole Sanches
Investor Relations Manager
Tel: (604) 688-9427 ext 224
Email: nicole@yngc.ca
www.yukon-nevadagold.com
http://money.msn.com/business-news/article.aspx?feed=PR&Date=20120321&ID=14910501
Yukon-Nevada Gold Co (YNG)
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Yukon-Nevada Gold Corp. Drills 52.30 m Grading 6.17 g/t from West Mahala, Jerritt Canyon, Nevada
VANCOUVER, Feb. 13, 2012 /CNW/ - Yukon-Nevada Gold Corp. (TSX: YNG.TO; OTC: YNGFF - News) (Frankfurt Xetra Exchange: NG6) is pleased to update results from its 2011 Surface drilling program at the Mahala Project which is located at its wholly-owned Jerritt Canyon gold operation in Nevada, USA. Jerritt Canyon is operated by Queenstake Resources USA Ltd., ("Queenstake") a wholly owned subsidiary of Yukon-Nevada Gold Corp. ("YNG" or the "Company").
HIGHLIGHTS
• MAH-456 (West Mahala) intersected 52.30 meters at 6.17 g/t;
• MAH-459 (West Mahala) intersected 29.28 meters at 5.56 g/t;
• MAH-475 (West Mahala) intersected 15.10 meters at 14.92 g/t; and
•SH-1205 (East Mahala) intersected 34.16 meters at 9.98 g/t.
The Company continues to deliver exciting results from the 2011 Mahala surface drill hole assays located proximal to the SSX-Steer and Smith underground mines. These results provide further support to the Company position that the area between the Smith and SSX-Steer mines is strongly mineralized. The Mahala project consists of East Mahala, Mahala, and West Mahala that continue to exhibit outstanding exploration potential for the delineation of additional resources and reserves. West Mahala is growing into a significantly sized mineralized zone.
The additional results of the drill program received as of January 31, 2012 are shown in Tables 1 to 3. Surface plan maps illustrating drill hole locations and an assay summary table can be found on the Company website here:
http://www.yukon-nevadagold.com/i/pdf/WMahalaSurExplUpdateMaps_2011.pdf
and here:
http://www.yukon-nevadagold.com/i/pdf/WMahalaSurExplDrillAssayResults_2011.pdf
Geologic and Engineering modeling are in progress to update the resources and reserves in the Mahala Project area and will be included in an NI 43-101 Technical Report scheduled to be completed in April 2012.
In mid-January substantial snowfall occurred at higher elevations throughout the Jerritt Canyon property. This prompted suspension of surface drilling operations until the upcoming spring/summer 2012 field season. Underground diamond drilling continues at the Smith mine. The Mahala surface drill hole assay results listed in this press release are those that were not included in the previous press release dated January 11, 2012. Details of the geology and mining zones for the present drill hole assay results are included in the previous press release.
Assaying of all samples from the 2011 surface drill program reported in this news release were conducted by ALS Laboratory Group in Reno, Nevada using standard fire assay techniques. Assay intercepts are reported as drilled. True widths have not yet been calculated; given the geometry of the mineralization at Jerritt Canyon, the concept of true width is not always meaningful before delineation drilling has been completed. The company's 2010 and 2011 Quality Assurance and Quality Control protocols are available at the Company's website: http://www.yukon-nevadagold.com/i/pdf/JC_Assay_Protocols.pdf
The information in this news release was compiled and reviewed by William Hofer B.Sc., Chief Geologist, Jerritt Canyon Mine. The information contained in this news release has been reviewed and approved by the Company's Vice President of Exploration, Todd Johnson, M.Sc. (Qualified Person per the requirements of NI 43-101).
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 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.
Contacts
Yukon-Nevada Gold Corp.
Richard Moritz
Senior Director
Institutional Investor Relations
Tel: (604) 688-9427
Email: rmoritz@yngc.ca
Nicole Sanches
Investor Relations Manager
Tel: (604) 688-9427 ext 224
Email: nicole@yngc.ca
www.yukon-nevadagold.com
Click on link below to view the drilling tables:
http://finance.yahoo.com/news/Yukon-Nevada-Gold-Corp-Drills-cnw-3252168346.html?x=0
Yukon-Nevada Gold Corp. Re-starts Production at Jerritt Canyon, Nevada
VANCOUVER, Feb. 6, 2012 /CNW/ - Yukon-Nevada Gold Corp. (TSX:YNG.TO; OTC:YNGFF - News) (Frankfurt Xetra Exchange: NG6) is pleased to announce that it has restarted production following commissioning of a new ore dryer, fine-crushing conveying system and Distributed Control System ("DCS") at its wholly-owned Jerritt Canyon gold operation in Nevada, USA. Jerritt Canyon is operated by Queenstake Resources USA Ltd., ("Queenstake") a wholly-owned subsidiary of Yukon-Nevada Gold Corp. ("YNG" or the "Company").
A shutdown of production was initiated on January 6, 2012 in order to complete a winterization and refurbishment program which included constructing a new drying facility and reconfiguring the conveying system in fine crushing. During the shutdown, the old ore dryer was replaced with a new ore dryer closer to the front end of the circuit. In addition, a new DCS was installed for the entire plant. Commissioning of the new ore dryer, fine-crushing conveying and the DCS commenced on January 23, 2012.
Testing of the new crushing and drying installations continued from January 23, 2012 through February 1, 2012 with the first day of production with both roasters operating on February 3, 2012.
Gold production resumed January 25, 2012 and the first shipment was on January 31, 2012.
The forecast for February 2012 plant production is an average of 3,300 tons per day and production of 9,000 ounces of gold. March 2012 production is forecasted to average 3,900 tons per day with gold production of approximately 12,500 ounces (annualized run rate of 150,000 gold ounces). The milling facility is currently permitted to run at 90 tons per hour per roaster (4,320 tons per day for 24 hours operation) and recent testing has shown that air emissions are within limits at 110 tons per hour, so permission has been sought to increase roaster throughput to this level. If permission is obtained, the plan is to gradually ramp the daily production up to 4,600 tons per day by Q4 2012. As more high grade ore becomes available from continued ramp-up of the underground mines through 2012, gold production is expected to increase
Randy Reichert, Chief Operating Officer commented, "After much hard work to achieve steady state production this represents the end of a significant capital expenditure phase and a major milestone for the Company, and with the new installations running well, will lead to more consistent operations and sustained production growth at Jerritt Canyon."
Please visit our website to view photos of the upgrades at Jerritt Canyon: http://www.yukon-nevadagold.com/s/JerrittCanyon.asp?ReportID=484780
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 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.
http://www.yukon-nevadagold.com
Contacts:
Yukon-Nevada Gold Corp.
Richard Moritz
Senior Director
Institutional Investor Relations
Tel: (604) 688-9427
Email: rmoritz@yngc.ca
Nicole Sanches
Investor Relations Manager
Tel: (604) 688-9427 ext 224
Email: nicole@yngc.ca
http://finance.yahoo.com/news/Yukon-Nevada-Gold-Corp-Re-cnw-2933478042.html?x=0
Yukon-Nevada Gold Corp. Drills 28.97 m grading 18.86 g/t from Starvation, Jerritt Canyon, Nevada
VANCOUVER, Jan. 31, 2012 /CNW/ - Yukon-Nevada Gold Corp. (TSX: YNG; OTC:YNGFF) (Frankfurt Xetra Exchange: NG6) is pleased to announce results from its 2011 surface drilling program at the Starvation Canyon Project ("Starvation") which is located at its wholly-owned Jerritt Canyon gold operation in Nevada, USA. Jerritt Canyon is operated by Queenstake Resources USA Ltd., ("Queenstake") a wholly owned subsidiary of Yukon-Nevada Gold Corp. ("YNG" or the "Company").
HIGHLIGHTS
• TJ-366 intersected 28.97 meters at 18.86 g/t gold;
• TJ-364A intersected 9.15 meters at 7.68 g/t gold; and
•TJ-367 intersected 7.63 meters at 6.31 g/t gold.
The Company initiated a 130,000 foot surface drilling program at Jerritt Canyon in 2011 that tested multiple projects throughout the Company's 119 square mile land position. The program was designed to either explore for and/or to convert resources to reserves that are amenable to either open pit or underground mining methods.
This press release updates the 2011 surface program at the Starvation project. The program consisted of a ground geophysical survey, surface diamond drilling geotechnical drilling, and surface reverse circulation drilling that targeted conversion and expansion of resources within and proximal to the current underground resource. In addition two water monitor wells were established to enable regulatory permit compliance in advance of initiating the planned underground mine development in April, 2012 (see YNG news release dated September 14, 2011).
The results of the 2011 Starvation program are discussed below. Resource conversion assay results received as of December 31, 2011 are shown in Table 1. Surface plan maps illustrating the geophysical grid, drill hole locations, as well as a drill hole assay summary table can be found on the Company website here http://www.yukon-nevadagold.com/i/pdf/StarvationDrillingMaps_2011.pdf and here http://www.yukon-nevadagold.com/i/pdf/StarvationDrillAssayResults_2011.pdf
Resource Conversion Drilling
As part of the pre-development due diligence process, a total of twelve reverse circulation (RC) drill holes, totaling 6,790 ft. (2,071m) were completed in 2011. These resource conversion drill holes were designed to target inferred resources as reported in the most recently published (January 6, 2012) NI 43-101. Ten drill holes comprised the original drill plan. Two additional monitor wells (STV-U & STV-D) were drilled for the purpose of water sampling (regulatory required) up and down gradient of the water table proximal to the deposit. Drill footage for these two holes totaled 1,220 ft. (372m). Each of these monitor well drill holes were sampled during their initial drilling prior to subsequent reaming and pipe installation.
As of December 31, 2011 assay results have been received for eleven of the resource conversion holes as well as both of the monitor wells. The significant assay results received to date are listed in Table 1 and are highlighted by drill hole TJ-366 which intersected 95 feet (29m) grading 0.550 opt (18.86 g/t) from a hole depth of 415.0-510.0 ft. (126.57-155.55m), and drill hole TJ-370 which returned assays covering 55 feet (16.77m) grading 0.370 opt (12.69 g/t) at a hole depth of 600.0-655.0 ft. (183.00-199.77m).
Table 1. Significant 2011 RC Drill Hole Assay Results from Starvation Canyon.
(Please click on link at bottom of page to view this table)
Geotechnical Drilling
Geotechnical diamond core drilling has been conducted in advance of the planned development of the Starvation deposit. The lithology and structure at Starvation are interpreted to be consistent with that of the SSX-Steer and Smith Mines.
Twelve drill holes totaling 5,251 ft. (1,602m) were completed for this program (TJ-352 thru TJ-363) and was supervised by Golder & Associates, Inc. (Reno, Nevada, USA). The drilling accomplished the dual purpose of providing drill core for engineering analysis and laboratory testing, as well as drill penetrations for subsequent assay analysis for the purpose of resource conversion. This drill program was designed to provide drill core throughout the limits of the resource as well as along the proposed decline that will access the resource.
As of December 31, 2011 laboratory test-work was still in progress. Subsequent sampling and assaying of drill core is pending completion of this work. A final report, from Golder & Associates is anticipated prior to the end of the March, 2012.
Geophysical Survey
During June, 2011 a Titan 24 Magnetotellurics (MT) and Induced Polarization/Resistivity (DCIP) geophysical survey was conducted at the Starvation deposit and adjacent areas by Quantec Geoscience ("Quantec"). The Titan 24 instrumentation has the capability for ground penetration in excess of 2,300 ft. (700m) beneath the surface. The survey was designed to: (1) determine if the Starvation Canyon deposit is associated with a distinct IP and/or MT geophysical signature since it is a known undisturbed deposit, and (2) to test prospective undrilled adjacent ground. The Starvation mineralization occurs along a major northwest-trending structure (oriented at 290/110°) which projects to the northwest onto prospective undrilled ground of the West Starvation target that is located at the intersection with a major northeast/southwest trending fault zone. The northeast/southwest trending fault zone crosses the length of the Jerritt Canyon property and is spatially related with several historically mined Au deposits and current resources.
The results of the survey have successfully identified a discrete signature (anomaly) associated with the Starvation deposit. In addition the geophysical interpretations identify several other anomalies within the West Starvation target area that are both similar, as well as different, to the determined Starvation signature. In addition to defining several anomalies, the geophysical results possess a resolution that is potentially showing an excellent correlation with projected stratigraphy.
The Company is extremely excited with the results of the recent geophysical survey and the potential significant implications for future district-wide exploration. Drill holes planned for 2012 in the West Starvation target area will test these geophysical anomalies and structural intersections. This future drilling will prove the viability of the Titan 24 geophysics to help explore for deep buried gold deposits beneath exposed upper plate rocks at Jerritt Canyon.
Assaying of all samples from the 2011 surface drill program reported in this news release were conducted by ALS Laboratory Group in Reno, Nevada using standard fire assay techniques. Assay intercepts are reported as drilled. True widths have not yet been calculated; given the geometry of the mineralization at Jerritt Canyon, the concept of true width is not always meaningful before delineation drilling has been completed. The company's 2010 and 2011 Quality Assurance and Quality Control protocols are available at the Company's website: http://www.yukon-nevadagold.com/i/pdf/JC_Assay_Protocols.pdf
The information in this news release was compiled and written by William Hofer B.Sc., Chief Geologist, Jerritt Canyon Mine. The information contained in this news release has been reviewed and approved by the Company's Vice President of Exploration, Todd Johnson, M.Sc. (Qualified Person per the requirements of NI 43-101).
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 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.
Website: http://www.yukon-nevadagold.com
Contact:
Yukon-Nevada Gold Corp.
Richard Moritz
Senior Director, Institutional Investor Relations
Tel: (604) 688-9427
Email: rmoritz@yngc.ca
Nicole Sanches
Investor Relations Manager
Tel: (604) 688-9427 ext 224
Email: nicole@yngc.ca
http://www.yukon-nevadagold.com
CHF Investor Relations
Jeanny So
Director of Operations
Tel: (416) 868-1079 ext. 225
Email: jeanny@chfir.com
www.chfir.com
AXINO AG
Wolfgang Seybold
Chairman Tel: +49 711 25 35 92 40
Email: wolfgang.seybold@axino.de
www.axino.de/
http://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n=8411799
Yukon-Nevada Gold Corp. Begins Commissioning Refurbished Milling Facility at Jerritt Canyon, Nevada
VANCOUVER, Jan. 27, 2012 /CNW/ - Yukon-Nevada Gold Corp. (TSX: YNG.TO; OTC: YNGFF - News) (Frankfurt Xetra Exchange: NG6) is pleased to announce that it has completed construction work on a new ore dryer and fine-crushing conveying system as well as maintenance upgrades to the roasting facility at its wholly-owned Jerritt Canyon gold operation in Nevada, USA. Commissioning of the milling facility is currently underway, which includes trial operation of new and refurbished equipment, as well as testing, calibration and optimization of new monitoring systems. Jerritt Canyon is operated by Queenstake Resources USA Ltd., ("Queenstake") a wholly-owned subsidiary of Yukon-Nevada Gold Corp. ("YNG" or the "Company").
The shutdown was initiated on January 6, 2012 in order to complete a winterization and refurbishment program which included constructing a new drying facility and reconfiguring the conveying system in fine crushing. During the shutdown, the old dryer was replaced with a new ore dryer closer to the front end of the circuit. In addition, a new Distributed Control System ("DCS") was installed for the entire plant. Commissioning of the new ore dryer, fine-crushing conveying, and the DCS commenced on January 23, 2012.
During the shutdown significant maintenance was completed on the rest of the roasting facility. A new quench tank was installed for the East Roaster which is one of the final requirements for compliance with the Consent Decree. Other maintenance items completed include:
• realignment of the crushing conveyors;
• rebuild of the thickener rakes;
• rebuild of the OSEPA particle-sizing system;
• replacement of the pinion on the ball mill;
• replacement of the feed-end of the ball mill;
• replacement of portions of the dust-control ventilation system;
• replacement of airslides feeding the roasters;
• clean-out of the roasters and some refractory repair;
• replacement and repair of the fine ore bin conveyor and belt;
• rebuild of the CIL carbon screens;
• replacement of the retort and furnace in the refinery; and
• replacement of some key components in the oxygen plant.
Randy Reichert, Chief Operating Officer commented, "We are currently in the commissioning stage of the milling facility refurbishment. The construction and maintenance work plan went well with only slight delays arising from high winds during the latter part of the shutdown. We were able to take advantage of the shutdown to complete substantial maintenance in all areas of the mill that had previously been giving us problems and causing significant downtime. When we are finished commissioning we are confident that we will have a plant that can run at capacity and can meet our production targets."
Please visit our website to view photos of the upgrades at Jerritt Canyon: http://www.yukon-nevadagold.com/s/JerrittCanyon.asp?ReportID=484780
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 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.
Website: http://www.yukon-nevadagold.com
Contacts:
Yukon-Nevada Gold Corp.
Richard Moritz
Senior Director
Institutional Investor Relations
Tel: (604) 688-9427
Email: rmoritz@yngc.ca
Nicole Sanches
Investor Relations Manager
Tel: (604) 688-9427 ext 224
Email: nicole@yngc.ca
http://www.yukon-nevadagold.com
http://finance.yahoo.com/news/Yukon-Nevada-Gold-Corp-Begins-cnw-2298108687.html?x=0
Yukon-Nevada Gold Corp. Announces 22.87 m grading 8.37 g/t Au from West Mahala, Jerritt Canyon, Nevada
VANCOUVER, Jan. 11, 2012 /CNW/ - Yukon-Nevada Gold Corp. (TSX:YNG.TO; OTC:YNGFF - News) (Frankfurt Xetra Exchange: NG6) is pleased to announce results from its 2011 Surface drilling program at the Mahala Project which is located in its wholly-owned Jerritt Canyon gold operation in Nevada, USA. Jerritt Canyon is operated by Queenstake Resources USA Ltd., ("Queenstake") a wholly owned subsidiary of Yukon-Nevada Gold Corp. ("YNG" or the "Company").
HIGHLIGHTS
* MAH-457 intersected, in the West Mahala Zone, 64.05 meters at 6.38 g/t gold, including 24.4 meters at 3.43 g/t gold, and 22.87 meters at 8.37 g/t gold, and 13.42 meters at 12.28 g/t gold;
* EM-121 intersected, in the East Mahala Zone, 15.25 meters at 4.77 g/t gold, including 3.05m at 8.88 g/t gold, and 4.88 meters 8.64 g/t gold; and
* MAH-454 intersected, in the Mahala Zone, 32.02 meters at 4.63 g/t gold, including 15.24 meters at 6.24 g/t gold, and 3.05 meters at 8.37 g/t gold.
The company initiated a 130,000 foot surface drilling program at Jerritt Canyon on July 17, 2011 that tests multiple projects throughout the Company's 119 square mile land position. The program was designed to either explore for and/or to convert resources to reserves that are amenable to either open pit or underground mining methods.
This press release updates the 2011 surface drill hole results in the Mahala Project that targeted converting and expanding resources proximal to the current underground operations at the Smith and SSX-Steer underground mines in the following three areas:
* East Mahala (Smith Mine: Zones 1, 3, and 4: including Zone 9 which is East Dash);
* Mahala (Smith Mine: Zone 8); and
* West Mahala (located east of the SSX-Steer Mine).
The entire Mahala drilling program includes 71,211 ft. (21,711m) of drilling in 54 drill holes as shown in Table 1. All fifty-four of these drill holes were conducted using reverse circulation (RC) with 16 of them finished, or planned to be finished, with diamond drilling. The total RC footage is 61,760 ft. (18,829m) whereas the total diamond drilling footage (completed and not completed) is 9,451 ft. (2,882m). Eighteen of these drill holes were targeted for exploration in the East Mahala and Mahala areas whereas the other 36 drill holes were for resource conversion.
Table 1. 2011 Surface Drilling Summary for East Mahala, Mahala, and West Mahala projects.
PR continued at:
http://finance.yahoo.com/news/Yukon-Nevada-Gold-Corp-cnw-2313695845.html?x=0
Yukon-Nevada Gold Corp. Announces 11.59 m Averaging 20.19 g/t Au at Jerritt Canyon, Nevada
VANCOUVER, Jan. 9, 2012 /CNW/ - Yukon-Nevada Gold Corp. (TSX: YNG.TO; OTC:YNGFF - News) (Frankfurt Xetra Exchange: NG6) is pleased to announce results from its 2011 Smith Mine underground diamond drilling program at its wholly-owned Jerritt Canyon gold operation in Nevada, USA. Jerritt Canyon is located approximately 50 miles north of Elko, Nevada and is operated by Queenstake Resources USA Ltd., ("Queenstake") a wholly owned subsidiary of Yukon-Nevada Gold Corp. ("YNG" or the "Company").
Significant assay results from 23 diamond drill holes totaling 13,370 feet (4,078 meters) in 2011 have been received as of November 30, 2011. Plan and cross-section maps as well as a table summarizing all of the assay results for all Zone 1, 2 (Phase II), and 9 drill holes can be found on the website here: http://tiny.cc/xwk11 and here: http://tiny.cc/xkkvr
Zones 1, 2, and 9 at the Smith Mine were the targeted mining blocks for this drilling. Twenty of the drill holes are categorized as resource conversion drilling while the remaining 3 drill holes are exploration or resource expansion drilling.
Zone 1
Zone 1 resource conversion drilling consisted of seven drill holes (SMI-LX-776 through SMI-LX-782) totaling 5,499 feet (1,679 meters). Five of the seven drill holes intersected significant mineralization (four of which had multiple intersections). Drill holes SMI-LX-777 and SMI-LX-778 highlighted the Zone 1 assay results as they returned 213.0 feet (64.96 meters) grading 0.208 opt (7.13 g/t) and 140 feet (42.70 meters) grading 0.145 opt (4.97 g/t) respectively. Zone 1 mineralization lies sub-parallel to and in the foot wall of the northeast-trending Coulee fault zone. All of the reported Zone 1 mineralization occurs within 750 linear feet (229 linear meters) of the existing underground infrastructure. Significant drill hole assay results from Zone 1 are listed below in Table 1.
Table 1. Significant 2011 Drill Hole Assay Results from Zone 1.
Continued at:
http://finance.yahoo.com/news/Yukon-Nevada-Gold-Corp-cnw-2430562144.html?x=0
Yukon-Nevada Gold Corp. Reports Revised Resources at Jerritt Canyon, Nevada
VANCOUVER, Jan. 6, 2012 /CNW/ - Yukon-Nevada Gold Corp. (TSX: YNG.TO; OTC:YNGFF - News) (Frankfurt Xetra Exchange: NG6) announces a revised mineral resource estimate for its wholly-owned Jerritt Canyon operating gold mine in Elko County, Nevada, USA. Jerritt Canyon is operated by Queenstake Resources USA Ltd., a wholly owned subsidiary of Yukon-Nevada Gold Corp. ("YNG" or the "Company").
Jerritt Canyon's measured and indicated mineral resource has increased by 428.8k oz of gold, representing a 21% increase over year-end 2007 levels. The updated mineral resource estimate incorporates a new 3-D geological model which includes additional drill hole results from January 1, 2008, to January 1, 2011.
The new mineral resource now comprises a measured resource of 1.07 million ounces, an indicated resource of 1.32 million ounces, and an inferred resource of 0.75 million ounces. This new model significantly increases the potential of the property and gives the Jerritt Canyon Geology team additional areas to explore and develop. The updated mineral resources completed to date include the primary work areas: Smith, SSX-Steer, Saval, West Mahala and Starvation Canyon.
The tables below summarize the updated mineral resources and are separated by open pit and underground, and by measured, indicated and inferred categories.
Continued at:
http://finance.yahoo.com/news/Yukon-Nevada-Gold-Corp-cnw-3269485357.html?x=0
Yukon-Nevada Gold Co (YNG) fiat$0.27 UP $0.005 +1.89% )
Volume: 2,401,500 @ 1:17:05 PM ET Strong Demand
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TSE:YNG Detailed Quote Wiki
Yukon-Nevada Gold Corp. Reviews Progress at Jerritt Canyon, Nevada -
http://finance.yahoo.com/news/Yukon-Nevada-Gold-Corp-cnw-2809992465.html?x=0
http://www.yukon-nevadagold.com
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Yukon-Nevada Gold Corp.
http://www.yukon-nevadagold.com/s/Management.asp
At the Annual General Meeting and Special Shareholders' Meetings
Of YGC Resources Ltd. and Queenstake Resources Ltd. on Friday,
May 18th, 2007 both sets of shareholders approved the plan of
arrangement leading to the merger of the two companies to form
Yukon-Nevada Gold Corp.
Yukon-Nevada Gold Corp. is a North American gold producer in
the business of discovering, developing and operating gold
ore deposits.
Continued growth will occur by increasing or initiating
production from its existing properties and by further acquisitions.
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 aims to achieve production from
the Ketza River Mine -
manto deposits and to further explore the highly potential
Shamrock Zone and Silver Valley, both in the Yukon.
The short term goals are to have a pre-feasibility study
completed; to make a positive mill decision;
and to have a mine and mill in operation producing up
to 140,000 ounces of gold per year.
A 43-101 report on the Ketza property was completed in
October 2005 with 756,700 ounces of gold in the measured
and indicated categories and 1,054,400 ounces of gold in
the inferred category.
An updated 43-101 is in preparation at the moment.
Since operations began in 1981, Jerritt Canyon in Nevada
has produced over 8 million ounces of gold.
Open pit mining occurred between 1981 and 1999.
Portal-accessed, underground mining commenced in 1993
and continues today with
the SSX-Steer Complex and the Smith mine.
The Mahala deposit, located within
the Smith mine -
began commercial production in mid 2005.
Production at the Murray Mine -
is expected to be completed during 2006.
http://www.yukon-nevadagold.com/s/Home.asp
Yukon-Nevada Gold Corp.
540 - 688 W. Hastings St.
Vancouver, B.C.,
Canada V6B 1P1
Tel: 604.688.9427
Fax: 604.688.9426
Email: graham@ygcr.ca
http://www.yukon-nevadagold.com/s/StockInfo.asp
-
http://www.yukon-nevadagold.com/s/Projects.asp
http://www.yukon-nevadagold.com/s/JerrittCanyon.asp
www.ivarkreuger.com/metalcharts.htm
www.silverbearcafe.com/
Second wave LT trend started - of the 5-wave Elliott pattern.
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Ted Butler silver commentary archive:
http://www.investmentrarities.com/
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