The Company is a British Columbia company which was incorporated in 2007, and is a reporting issuer in British Columbia, Alberta and Ontario. The Company has prepared technical reports on the Company's material properties. These filings are available for review on the SEDAR website at www.sedar.com
The Company is listed on the Toronto Stock Exchange with the symbol YNG and the Frankfurt exchange with the symbol NG6.
Presently the Company is focussed on bringing its wholly owned Ketza River property back into production from the Manto Gold Zones and permitting is underway. The Ketza River Property includes the Ketza River mine, which, from 1987 to 1990, produced some 3,110 kg (100,033 troy oz) of gold from 340,000 tons of ore.
Over 50 million dollars has been invested in the property by property owners to date. Yukon-Nevada Gold Corp. has invested $15.2M in the last calendar year in an ongoing diamond drilling program at the Manto Gold deposits, Shamrock Gold Zone and Silver Valley.
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.