Yukon-Nevada Gold Produces 25,713 Gold Ounces  

VANCOUVER, BC - Yukon-Nevada Gold Corp. reported that its 100% owned Jerritt Canyon Operation has produced 25,713 ounces in Q2, comprising 7,162 ounces in April, 10,116 ounces in May and 8,435 ounces in June. Jerritt Canyon is operated by Queenstake Resources USA Ltd., a wholly owned subsidiary of the Company.

Robert Baldock, President and CEO, states, "Even factoring in several voluntary shutdown days during the month of June to facilitate the start of our final refurbishment program at the mill, we still managed a reasonable production level for the month.

We feel that July and August could provide similar production levels to the Q2 months, but in September we will implement a 30 day scheduled shutdown for the entire month to facilitate winterization refurbishments at the mill."