Yukon-Nevada Suspends Operation Of Roasters

 

VANCOUVER - Yukon-Nevada Gold Corp. reported that a delay in the fabrication of certain fiberglass ductwork has resulted in the Company being unable to meet a deadline to complete the installation of new mercury - emission - control equipment at the Jerritt Canyon Mine. Therefore, in compliance with NDEP Order 2009-4, Queenstake Resources Inc. USA (Queenstake), a wholly owned subsidiary of Yukon-Nevada Gold Corp. (YNG), has discontinued operation of its roaster circuits at the Jerritt Canyon Mine.

The ductwork will be used in the installation of a calomel-based mercury control system required by the NDEP to ensure the company complies with state-mandated mercury emission limits, and to minimize the proportion of oxidized (reactive) mercury released to the air.

Queenstake notified the NDEP that both roaster circuits at the Jerritt Canyon Mine. Queenstake has successfully complied with other requirements of operation per NDEP Order 2009-4. While the roasters are off-line to complete the required work, the processing of ore already roasted and the recovery of gold will continue.

The Company expects to take delivery of the fiberglass duct work and have the new mercury emission control equipment installed before the end of June.

The company’s address is 490-688 West Hastings Street, Vancouver, BC V6B 1P1, 604.688.9427, fax: 604.688.9426, email: [email protected] .