Yukon Nevada Gold Corp. Updates Exploration Drilling Results for the Ketza River Project
Vancouver, BC — April 15, 2009 – Yukon-Nevada Gold Corp. (Toronto Stock Exchange: YNG; Frankfurt Xetra Exchange: NG6) is pleased to announce additional assay results from the 2008 drilling program the Ketza River project. The Ketza River property is wholly-owned by Yukon-Nevada Gold Corp., and is a past gold producer located near the town of Ross River in the Yukon Territory, Canada.All drill holes referenced in this release are diamond drill holes completed between May 4th and August 5th, 2008, and for which assay reports were received by February 28, 2009. All holes were targeted to expand the margins of known mineralization as part of the company’s continuing program to expand areas amenable to open-pit mining.
As presented in Table 1 below, significant new intercepts were reported from the Break, Hoodoo, and Peel targets within the Manto Zone, and from the QB target in the Shamrock Zone. The mineralization zones and targets are shown in Figure 1.
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