VANCOUVER, June 27, 2011 /CNW/ - Yukon-Nevada Gold Corp. (TSX: YNG) (Frankfurt Xetra Exchange: NG6) (the "Company") is pleased to announce the appointment of Randy Reichert
as Chief Operating Officer ("COO"). Mr. Reichert brings 23 years'
experience to the Company from his international work at various
operating mines and process facilities and will be key in continuing to
improve the Company's operational effectiveness at Jerritt Canyon.
Jerritt Canyon is a gold producing property located near Elko, Nevada
operated by Queenstake Resources Ltd., a wholly owned subsidiary of
Yukon-Nevada Gold Corp.
Most recently Mr. Reichert was President and COO for Colossus Minerals
Inc responsible for the development of the Serra Pelada project in
Brazil. Prior to this he was COO of Oriel Resources plc and Orsu
Metals Corp. Mr. Reichert spent over five years in Russia with Bema
Gold, and subsquently Kinross Gold Corporation. Within those five years
he held the position of General Manager, Operations of the Kupol gold
mine in Chukotka, Russia and General Manager for the Julietta gold mine
in Magadan, Russia. He has also held positions within various mining
operations with Cominco Limited, now Teck, prior to working for Bema
Graham Dickson, previous Chief Operating Officer, has moved into the new
role of Senior Vice President Acquisitions and Corporate Development.
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
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
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.
SOURCE Yukon-Nevada Gold Corp.
For further information:
Yukon-Nevada Gold Corp.
Senior Director, Institutional Investor Relations
Tel: (604) 688-9427
Investor Relations Manager
Tel: (604) 688-9427 ext 224
CHF Investor Relations
Director of Operations
Tel: (416) 868-1079 ext. 225
Chairman Tel: +49 711 25 35 92 40
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