VANCOUVER, May 3, 2012 /CNW/ - Yukon-Nevada Gold Corp. (TSX: YNG) (Frankfurt Xetra Exchange: NG6) announces its Board of Directors has accepted the resignation of its Chairman, John Greenslade due to other business commitments.
Robert Baldock, CEO and President stated, "The Board of Directors would like to express its appreciation for Mr. Greenslade's contributions to the Company. The appointment of his successor will be announced at a later date. We continue to support our management team which remains focused on operations and cash flow growth at Jerritt Canyon, our gold producing property in Nevada."
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.
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For further information:
Yukon-Nevada Gold Corp.
Senior Director, Institutional Investor Relations
Tel: (604) 688-9427