Queenstake Resources Ltd (qee)

[NYBob]

Newly acquired Jerritt Canyon in Nevada, United States is to be substantially restructured with the goal to capitalize on identified opportunities to increase revenues and reduce costs. Jerritt Canyon concessions cover 350 sq. km ( 135 sq. miles) with numerous exploration targets at various stages of exploration. Jerritt Canyon possesses an abundance of experienced employees. Investment will be made which to improve the operating efficiency of the drying circuit and to improve the capacity of the dry grinding circuit.

The Company recognizes responsible environmental stewardship as an integral part of our business practices and has recognized environmental management as a corporate priority. We integrate environmental factors into the decision-making process throughout the company. Sufficient resources have and will be devoted to environmental protection and remediation to ensure that environmental risks are minimized and that the environment and public welfare are protected during the Company's activities.

Recently the Company has embarked on a targeted and aggressive media and investor relations program, which we are confident will help fulfill the Company's obligation to improve investor returns by reporting accurate and up-to-date information in a timely manner.

Its a well experienced mining team added -

http://www.yukon-nevadagold.com/s/Management.asp

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