Queenstake Resources Ltd (qee)

[enlightened1]

AN E-MAIL FROM QEE

I asked if they would continue to be traded on the US market after the merger. This was their reply

YGC Resources Ltd. (TSX: YGC; F: ZH6) and Queenstake Resources Ltd. (TSX: QRL; AMEX: QEE) are pleased to invite shareholders and interested parties to a webcast to be hosted by YGC's President and CEO Graham C. Dickson to discuss the proposed merger of YGC and Queenstake.

The webcast will be held on Thursday, February 15, 2007 at 11:30 a.m. Eastern time, 9:30 a.m. Mountain time, or 8:30 a.m. Pacific time.

To access the webcast, please visit:
English Event URL: <http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID>=1738880
French Event URL: <http://www.cnw.ca/fr/webcast/viewEvent.cgi?eventID>=1738880

If you have a question you would like to ask Mr. Dickson, please send an email prior to the webcast to: [e-mail].
YGC Resources Ltd. is focused on the discovery and development of gold ore deposits in North America.

The management of YGC aims to achieve added shareholder value by leveraging its proven ability to take quality projects forward to production. YGC holds a diverse portfolio of gold, silver, zinc and copper properties in the Yukon Territory and British Columbia in Canada and in Arizona in the United States.

Please visit www.ygcr.ca <http://www.ygcr.ca/>.
Queenstake Resources Ltd. is a gold mining and exploration company based in Denver, Colorado.

Its principal asset is the wholly owned Jerritt Canyon gold operations in Nevada, which has produced over 7.5 million ounces of gold from open pit and underground mines since 1981. Current production at the property is from three underground mines.

The Jerritt Canyon District, which comprises 119 square miles (308 square kilometers) of geologically prospective ground controlled by Queenstake, represents one of the largest contiguous exploration properties in Nevada.

In addition, Jerritt Canyon also has one of only three permitted roasting facilities in Nevada. Please visit www.queenstake.com <http://www.queenstake.com/>.