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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: loantech9/25/2007 1:11:07 PM
   of 78419
 
QUEENSTAKE REVISITED: September 24, 2007
YUKON-NEVADA GOLD CORP. REPORTS ON ENCOURAGING RESULTS AT MAHALA CREEK, JERRITT CANYON

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Vancouver, Canada -- September 24, 2007 -- Yukon-Nevada Gold Corp. (Toronto Stock Exchange: YNG; Frankfurt Xetra Exchange: NG6) announces results of its exploration drilling in the Mahala Creek area at its wholly owned, gold production Jerritt Canyon property in Nevada, USA.

Exploration Update -- Mahala Area

Exploration drills were mobilized in late July 2007 to the Mahala creek drainage area and results to date have been encouraging. High points of the assay results received to date are MAH-344, MAH-349, MAH-361 and MAH-362. Intervals for these holes are listed in the table:

yukon-nevadagold.com.
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