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Yukon Nevada Goldmines: bald positive News?

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neuester Beitrag: 16.05.18 08:55
eröffnet am: 05.07.07 09:11 von: DerYeti Anzahl Beiträge: 1700
neuester Beitrag: 16.05.18 08:55 von: Horst611 Leser gesamt: 182981
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5531 Postings, 7120 Tage DerYetiYukon Nevada Goldmines: bald positive News?

 
  
    
27
05.07.07 09:11
Dieser Wert ist lange vernachlässigt worden, weil Neuigkeiten gefehlt haben. Trotzdem hat er hohe Substanz und einige schöne Projekte am Start, die hier nachgelesen werden können.

http://www.yukon-nevadagold.com/s/Home.asp

Gestern ist der Wert plötzlich vom Führenden der Depotliga ins Depot aufgenommen worden, parallel, bereits vorher, sind allerortes Umsätze und Preise angezogen.

Ich habe mir mal eine kleine Posi ins Depot gelegt und bin gespannt, ob jemand mehr zu diesem Unternehmen zu sagen weiss.  

5531 Postings, 7120 Tage DerYetizumindest noch nicht lange

 
  
    
2
05.07.07 09:30
in ffm handelbar, auch wenn uns der arivachart anderes glauben machen will:

YUKON-NEVADA GOLD CORP.
ISIN  CA98849Q1019
WKN  000A0MVD1
Kürzel  NG6
Domestic Indicator  Foreign
Erster Handelstag  28.06.2007
 

5531 Postings, 7120 Tage DerYetihier die letzten news:

 
  
    
1
05.07.07 10:35
eine umfirmierung, daher die sache mit dem chart...der wert als neue company seit der letzten woche handelbar:

VANCOUVER, Jun 27, 2007 (Canada NewsWire via COMTEX News Network) --
Yukon-Nevada Gold Corp. (TSX:YNG) began trading on the Toronto Stock Exchange on Monday, June 25th 2007, replacing YGC Resources Ltd. (TSX:YGC). Queenstake Resources Ltd. (AMEX:QEE) was de-listed at the close of trading on June 20th 2007 and Queenstake Resources Ltd. (TSX:QRL) was de-listed at the close of trading on June 25th 2007.

Yukon-Nevada Gold Corp.'s CUSIP number is 98849Q 10 1.

The Company is committed to being listed on the American Stock Exchange at the earliest appropriate time.

If you would like to receive press releases via email please contact nicole@ygcr.ca and specify "YNG releases" in the subject line.

Please visit our website at www.yukon-nevadagold.com.

The TSX Exchange has not reviewed and does not accept responsibility for

the adequacy or accuracy of this release.

WARNING: The Company relies upon litigation protection for "forward- looking" statements.

 

5531 Postings, 7120 Tage DerYetiweitere findbare infos:

 
  
    
05.07.07 13:47
neu fusionierte firma mit bestätigtem vorkommen (2005) an gold sowie diversen weiteren projekten (daher der kurs). altaktionäre sind mit neue aktien dedient worden. förderung soll kurzfristig gestartet werden. im hinblick auf analystenmeinungen ist diese in kanada und ffm gehandelte neufirmierung noch jungfräulich, was dem kurs nach ersten bewertungen beine machen könnte.

dies scheinen auch die junx von betafaktor in der depotliga ( http://www.depotliga.de ) zu meinen, die immo dort auf platz 1 liegen und die sich gestern mit dem wert eingedeckt haben.

könnte sein, das es sich um eine kommende perle handelt, schaun wir mal, ich bin mit ner kleinen posi drin, falls der rummel hier erst noch losgeht...abgesehen von 10% rückschlagpotenzial - das ist das, was die aktie gestern + gemacht hat - scheint es im hinblick auf nen explorer ne solide kiste zu sein  

5531 Postings, 7120 Tage DerYetidmit ist die aktie wieder

 
  
    
05.07.07 18:17
i bereich ihres bodens...die steigerung von gestern durch den kauf in der deoptliga ist wieder raus, warten wir mal auf meldungen :O) (scheibbe, 10% musse erstmal aufholn für mich ;O))  

5531 Postings, 7120 Tage DerYetineuer anlauf ohne

 
  
    
09.07.07 20:09
meldung, heut +4%

ich wüßte so gern mehr ;O)  

1306 Postings, 4911 Tage RöttgenWAs soll man davon halten?

 
  
    
25.07.07 22:56
Der Kurs wird nach meiner Meinung gedrückt.

15:59:34  T  1.30  -0.06  900  1  Anonymous  33  Canaccord  K  

15:59:13  T  1.30  -0.06  500  1  Anonymous  33  Canaccord  K  

15:58:45  T  1.30  -0.06  300  1  Anonymous  33  Canaccord  K  

15:58:38  T  1.30  -0.06  100  1  Anonymous  33  Canaccord  K  

15:57:11  T  1.30  -0.06  200  1  Anonymous  33  Canaccord  K  

15:56:47  T  1.30  -0.06  400  1  Anonymous  33  Canaccord  K  

15:56:10  T  1.30  -0.06  500  1  Anonymous  33  Canaccord  K  

15:55:18  T  1.30  -0.06  300  1  Anonymous  33  Canaccord  K  

15:54:50  T  1.30  -0.06  300  1  Anonymous  33  Canaccord  K  

15:54:17  T  1.30  -0.06  700  1  Anonymous  33  Canaccord  K  
 

4620 Postings, 4745 Tage Nimbus2007Drilling results

 
  
    
13.08.07 20:39
August 07, 2007
YUKON NEVADA GOLD CORP. REPORTS FAVORABLE DRILL RESULTS FROM JERRITT CANYON
View News Release in PDF Format

Vancouver, Canada - August 07, 2007 - Yukon-Nevada Gold Corp. (Toronto Stock Exchange: YNG; Frankfurt Xetra Exchange: NG6) reports favorable drill results from its wholly owned Jerritt Canyon producing gold mine north of Elko, Nevada.

The results, from a combination of underground and surface drilling, are likely to increase resources at the Smith Mine in Zone 7, Zone 9 and westerly along strike in Zone 2. The Smith Mine is one of two producing mines at the Jerritt Canyon Mining complex.

Zone 7 West Dash

Drifting in the first quarter of 2007 to create the base for a planned vent raise encountered unexpected mineralization south of the known Zone 7 resource which had not been intersected by surface exploration drilling. Production records indicate that 1,012 ounces of gold were produced from 2,520 short tons from the planned vent raise base and associated refuge bay in the first half of 2007.

Drilling to establish the limits of this mineralization and to find a more suitable location for the vent raise cut high grade gold values and will expand the resource for Zone 7 120 feet south of the model established at year end 2006. Drilling was accomplished with a Cubex underground reverse-circulation drill. Highlights of this drilling include are listed in Table 1.

Table 1Drill Hole Number From To Thickness Grade
        ft         m        ft         m        ft         m      Opt.       g/T          §
    C70023        10      3.05        35      10.7        35      10.7     0.673     23.07          §
    C70034         0         0        30      9.15        30      9.15     0.731     25.06          §
    C70035         0         0        65      19.8        65      19.8     0.680     23.31          §
    C70053         0         0        20       6.1        20       6.1     0.389 13.34
§
35 10.7 90 27.4 55 16.8 0.646 22.15


Zone 9

Mineralization that extends eastward from the bottom of the Dash open pit was the target of surface drilling using a Reverse Circulation rotary drill above the Dash Mine high-wall. It is expected that the results will expand that resource eastward. Seven of the eight exploration drill holes cut intervals above 0.150 opt Au. These intervals are shown in Table 2. below.

Table 2Drill Hole Number From To Thickness Grade
        ft         m        ft         m        ft         m      Opt.       g/T          §
  SH-1152A       475     144.8       510     155.5        35      10.7     0.276      9.46          §
  includes       485     147.8       500     152.4        15       4.6     0.386     13.23          §
  SH-1154A       475     144.8       490     149.4        15       4.6     0.404     13.85          §
  SH-1155A       470       143       485     147.8        15       4.6     0.325     11.14          §
  SH-1156A       505       154       525       161        20       6.1     0.551     18.89          §
   SH-1170       480     146.3       505     153.9        25       7.6     0.261      8.95          §
  SH-1171A       500     152.4       510     155.5        10      3.05     0.240      8.23          §
   SH-172A       560     170.7       595     181.4        35      10.7     0.170      5.83          §
  includes       560     170.7       575     175.3        15       4.6     0.31010.63

§
Underground access (including secondary access) to the mineralization in Zone 9 is being established from the base of the Dash open pit mine.

Zone 2

Seven surface Reverse Circulation drill holes have targeted mineralization extending westward from Zone 2 in the Smith Mine in 2007. The holes have been spread from 800 to 2,000 feet west of the current underground mine activity in Zone 2. These drill holes are along strike of the basaltic dikes that appear to localize higher grade mineralization within the Hanson Creek Formation. Unfortunately, four of these holes failed to reach the targeted formation due to drilling difficulties. Three holes did reach the target: two of these are mineralized as indicated below and assays are pending for the third.

Drill holes SH-1165A and SH-1169A (these holes were drilled at -79 degrees and -58 degrees respectively), intersected the favorable stratigraphic horizon and were mineralized. Mineralized intervals for these drill holes are shown in Table 3. below; SH-1169A was designed as an in-fill hole and should help in understanding controls of mineralization in this zone.

Table 3Drill Hole Number From To Thickness Grade
        ft         m        ft         m        ft         m      Opt.       g/T          §
  SH-1165A      1125     342.9      1140     347.6        15       4.6     0.399     13.68          §
  SH-1169A      8980     271.3       920     280.5        30       9.2     0.245      8.39§
940 286.6 955 291.2 15 4.6 0.226 7.75
975 297.3 995 303.4 25 7.6 0.246 8.42


From underground, the Zone 2 mineralization has also seen some growth along the strike of the N70°W striking R4 dike trend. One hole, C20434 encountered 15 feet (4.6m) of 0.160 opt (5.39 g/t) and finished in an additional 15 feet (4.6m) of 0.367 opt (12.6 g/t). Other drill holes appear to have limited the mineralization to the west.

There is a significant gap between the Zone 2 ore zone and the above mentioned Surface drilling. An underground core drilling program is scheduled to begin shortly to test this 600 foot drilling gap.

A map showing the locations of these drill holes is available on the Company's web page www.yukon-nevadagold.com.

Assays from surface exploration holes reported in this news release were by ALS Chemex, North Vancouver, B.C. and by the Company's assay laboratory at the Jerritt Canyon Mine, using standard fire assay techniques. The Company's Quality Assurance and Quality Control protocols are available in the Company's NI 43-101 Technical Report dated May 1st, 2007 and available on www.sedar.com. Intercepts are reported as drilled. True widths have not yet been calculated; given the geometry of mineralization at Jerritt Canyon, the concept of true width is not always meaningful before delineation drilling has been completed. This News Release was reviewed and approved by the Company's Executive Vice President-Exploration, Dorian L. (Dusty) Nicol, M.Sc., P.Geo., the Qualified Person for purposes of this release.

Yukon-Nevada Gold Corp.
Nicole Sanches, Manager, IR
Tel: (604) 688-9427
Email: nicole@yngc.ca
www.yngc.ca

CHF Investor Relations
Jeanny So, Broker Relations Specialist
Tel: (416) 868-1079 ext. 225
Email: jeanny@chfir.com
www.chfir.com

If you would like to receive press releases via email please contact nicole@yngc.ca and specify "Yukon-Nevada Gold Corp. releases" in the subject line.

The TSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

WARNING: The Company relies upon litigation protection for "forward-looking" statements.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.


Quellehttp://www.yukon-nevadagold.com/s/...RILL-RESULTS-FROM-JERRITT-CANYON  
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4620 Postings, 4745 Tage Nimbus2007Financial Statements

 
  
    
15.08.07 14:37
Consolidated Financial Statements
(Expressed in thousands of United States dollars)
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
For the three and six month periods ended June 30, 2007
(Unaudited)
MANAGEMENT’S RESPONSIBILITY FOR FINANCIAL REPORTING
The accompanying interim consolidated financial statements of Yukon-Nevada Gold Corp. (the
Company) have been prepared by management in accordance with generally accepted accounting
principles (GAAP) in Canada, and within the framework of the summary of significant accounting
policies disclosed in the notes to these consolidated financial statements.
Management is responsible for establishing internal controls over financial reporting for the Company.
Management has designed and implemented internal controls over financial reporting (ICFR) that
provide reasonable assurance regarding the reliability of financial reporting and the preparation of
financial statements for external purposes in accordance with GAAP.
The Audit Committee of the Board of Directors meets periodically with management and the
Company’s independent auditors to review the scope and results of their annual audit and to review
the consolidated financial statements and related financial reporting matters prior to submitting the
consolidated financial statements to the Board of Directors for approval. The Audit Committee is
appointed by the Board of Directors and all of its members are independent directors. The Audit
Committee is responsible for engaging or re-appointing the external auditors.
These interim consolidated financial statements have been approved by the Board of Directors on the
recommendation of the Audit Committee.
AUDITOR INVOLVEMENT
The auditors of Yukon-Nevada Gold Corp. have not performed a review of the unaudited financial
statements for the three and six month periods ended June 30, 2007.
1
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Consolidated Balance Sheets
(Unaudited)
(Expressed in thousands of United States dollars)
June 30, December 31,
2007 2006
(Unaudited) (Audited)
Assets
Current assets:
Cash $ 67,122 $ 4,342
Short-term investments 48 1,026
Marketable securities (note 6) 32 -
Accounts receivable and prepaid expenses 4,834 600
Inventories (note 7) 25,612 -
97,648 5,968
Restricted funds (note 8) 30,213 7,838
Property, plant and equipment (note 9) 21,574 540
Mineral properties (note 10) 117,658 17,566
Other assets (note 11) 1,105 -
$ 268,198 $ 31,912
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable and accrued liabilities (note 13) $ 37,062 $ 673
Due to related parties (note 12) - 11
37,062 684
Other long-term liabilities (note 13) 1,487 -
Future income taxes (note 14) 5,282 3,729
Asset retirement obligations (note 15) 25,358 1,903
69,189 6,316
Shareholders’ equity:
Share capital (note 16) 184,177 32,025
Warrants (note 16) 20,657 687
Contributed surplus (note 16) 4,697 1,155
Accumulated other comprehensive income (loss) 2,273 (326)
Deficit (12,795) (7,945)
199,009 25,596
Subsequent events (note 19)
$ 268,198 $ 31,912
See accompanying notes to financial statements.
Approved on behalf of the Board:
“Graham C. Dickson” Director “R.J. MacDonald” Director
2
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Consolidated Statements of Operations
(Unaudited)
(Expressed in thousands of United States dollars)
Three months Six months
June 30, June 30,
2007 2006 2007 2006
Operating expenses $ 926 $ - $ 926 $ -
Accretion of asset retirement obligations 74 36 109 72
Depreciation, depletion and amortization 84 3 88 6
Exploration 536 - 536 -
General and administration 546 168 853 325
Corporate communications and
development 182 69 322 145
Stock-based compensation 119 - 2,123 130
Operating loss (2,467) (276) (4,957) (678)
Foreign exchange loss 359 - 359 -
Interest expense 43 - 43 -
Investment and other income (379) (73) (509) (117)
23 (73) (107) (117)
Net loss $ (2,490) $ (203) $ (4,850) $ (561)
Loss per share – basic and diluted (0.032) (0.004) (0.069) (0.011)
Weighted average number of shares
outstanding (basic and diluted) 78,893,333 50,874,682 69,792,460 48,920,212
Consolidated Statements of Deficit
(Unaudited)
(Expressed in thousands of United States dollars)
Three months ended Six months ended
June 30, June 30,
2007 2006 2007 2006
Deficit, beginning of period $ (10,305) $ (7,114) $ (7,945) $ (6,756)
Loss for the period (2,490) (203) (4,850) (561)
Deficit, end of period $ (12,795) $ (7,317) $ (12,795) $ (7,317)
See accompanying notes to financial statements.
3
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Consolidated Statements of Comprehensive Income (Loss)
(Unaudited)
(Expressed in thousands of United States dollars)
Three months Six months
ended ended
June 30, June 30,
2007 2007
Loss for the period $ (2,490) $ (4,850)
Foreign exchange adjustment (note 5(a)) 2,314 2,599
Comprehensive loss for the period $ (176) $ (2,251)
See accompanying notes to financial statements.
4
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Consolidated Statements of Cash Flows
(Unaudited)
(Expressed in thousands of United States dollars)
Three months Six months
June 30, June 30,
2007 2006 2007 2006
Cash provided by (used in):
Operations:
Loss for the period $ (2,490) $ (203) $ (4,850) $ (561)
Items not involving cash:
Depreciation 149 25 185 51
Accretion expense 73 36 109 72
Stock-based compensation 119 - 2,123 130
Change in non-cash working capital (3,615) (400) (3,247) (394)
(5,764) (542) (5,680) (702)
Financing:
Increase in due to related parties - - (11) (9)
Decrease in note payable (8,112) - (8,112) -
Common shares issued for cash,
June 2007 private placement 69,388 9,187 69,388 9,187
Share issue costs (3,816) (459) (3,821) (459)
Common shares issued upon exercise
of shareholder warrants 3,720 1,336 6,726 1,336
Common shares issued upon exercise
of agents’ options and warrants 183 317 479 723
Common shares issued upon exercise
of stock options 255 53 518 61
61,618 10,434 65,167 10,839
Investments:
Acquisition of Queenstake, net of
cash acquired of $2,450 (note 3) (233) - (233) -
Restricted cash 3,026 (7,677) 5,597 (5,830)
Short-term investments 1,070 (26) 1,044 (153)
Mineral property (4,117) (1,778) (6,427) (3,527)
Deferred acquisition costs (23) (111) (23)
Purchase of property, plant and
equipment (541) (102) (614) (206)
(795) (9,606) (744) (9,739)
Effect of exchange rate changes on cash 3,943 11 4,037 9
Increase in cash 59,002 297 62,780 407
Cash, beginning of period 8,120 151 4,342 41
Cash, end of period $ 67,122 $ 448 $ 67,122 $ 448
See accompanying notes to financial statements.
5
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Notes to Consolidated Financial Statements
(Unaudited)
(Expressed in thousands of United States dollars)
Three and six month periods ended June 30, 2007
1. Nature of operations:
Yukon-Nevada Gold Corp.’s (the Company) business is gold mining and related activities,
including exploration, development, extraction, processing and reclamation. Gold is currently
being produced in Nevada, USA (Jerritt Canyon), acquired on June 20, 2007. There are gold
exploration activities being carried out in Nevada, USA (Jerritt Canyon) and the Yukon Territory,
Canada (Ketza River and Silver Valley).
The Company is in the process of mineral exploration on its properties in the Yukon Territory and
has yet to determine whether these properties contain reserves that are economically
recoverable. The recoverability of the amount shown for mineral properties is dependent upon
the existence of economically recoverable reserves, confirmation of the Company's ownership
interest in the mining claims, the ability of the Company to obtain necessary financing to complete
the development, and upon future profitable production or proceeds from the disposition of the
mineral properties.
2. Change in functional and reporting currency:
Prior to April 1, 2007, the Company’s operations were measured in Canadian dollars and the
consolidated financial statements were expressed in Canadian dollars. Due to circumstances
arising from the acquisition of Queenstake Resources Ltd. (Queenstake) on June 20, 2007, it has
been determined that the Company’s functional currency is the US dollar. Concurrent with this
change in functional currency, the Company has adopted the US dollar as its reporting currency,
effective June 30, 2007.
In accordance with Canadian generally accepted accounting principles (GAAP), the Company is
required to restate all amounts presented for comparative purposes into US dollars using the
current rate method as follows: all assets and liabilities are translated into US dollars at the
exchange rate prevailing at the balance sheet date; all revenue and expense items, shareholders’
equity items and cash flows are translated at the average rates that were in effect during these
periods, with the exception of shares issued on June 20, 2007 associated with the Plan of
Arrangement with Queenstake and the private-placement financing – these transactions were
translated into US dollars using the Bank of Canada closing $US/$CAD exchange rate on the
date of these transactions; and the resulting translation adjustment is recorded as a separate
component of shareholders’ equity in accumulated other comprehensive income.
Going forward, the Company will translate Canadian denominated accounts using the temporal
method. Monetary assets will be translated at the balance sheet date into US dollars and nonmonetary
assets and liabilities and shareholder equity accounts will be translated at the historical
rate.
The effect on the consolidated financial statements was an accumulated other comprehensive
loss of $326,000 in shareholders’ equity at December 31, 2006.
6
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Notes to Consolidated Financial Statements
(Unaudited)
(Expressed in thousands of United States dollars)
Three and six month periods ended June 30, 2007
3. Business combination:
Effective June 20, 2007 the Company acquired 100% of the outstanding common shares of
Queenstake pursuant to a Plan of Arrangement (POA) that was approved by the shareholders of
both the Company and Queenstake on May 18, 2007. Under the Plan of Arrangement, the
Company issued 58,436,531 shares to the shareholders of Queenstake for all of the outstanding
common shares of Queenstake. In addition, the Company issued 3,851,200 share purchase
warrants and 402,000 stock options to existing Queenstake share purchase and stock option
holders as of June 20, 2007.
This business combination has been accounted for as a purchase transaction, with the Company
being identified as the acquirer and Queenstake as the acquiree in accordance with CICA
Handbook 1581 Business Combinations. These consolidated financial statements include 100%
of Queenstake’s operating results for the period from June 20 to June 30, 2007.
The preliminary allocation of the purchase price of 100% of the outstanding common shares of
Queenstake is summarized in the following table, based on the information currently available to
management. The Company will engage independent professionals to perform an appraisal of
certain Queenstake assets, including the valuation of income tax assets and liabilities associated
with the transaction. Based on the results of these appraisals, the allocation of the purchase price
to the net assets acquired by the Company may change and this change may be material:
Purchase price:
Share consideration (58,436,531 shares at CDN$1.76 per share) $ 96,744
Fair value of share purchase warrants and stock options 1,944
Acquisition costs 2,683
$ 101,371
Net assets acquired:
Cash $ 2,450
Accounts receivable and prepaid expenses 3,764
Marketable securities 32
Inventories 22,904
Restricted cash 27,588
Property, plant and equipment 20,636
Mineral properties 91,913
Other assets 1,110
Accounts payable and accruals (44,319)
Long-term liabilities (24,707)
$ 101,371
7
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Notes to Consolidated Financial Statements
(Unaudited)
(Expressed in thousands of United States dollars)
Three and six month periods ended June 30, 2007
4. Basis of presentation:
These unaudited interim consolidated financial statements include the accounts of Yukon-Nevada
Gold Corp. and its wholly owned subsidiaries (the Company). These interim consolidated
financial statements do not include all disclosures required by Canadian generally accepted
accounting principles for annual financial statements, and accordingly, these interim consolidated
financial statements should be read in conjunction with the Company’s most recent annual
consolidated financial statements. These interim consolidated financial statements follow the
same accounting policies and methods of application used in the Company’s audited
consolidated financial statements as at and for the year ended December 31, 2006, except for the
new accounting policies adopted subsequent to that date, as discussed in note 5.
Basis of consolidation
These consolidated financial statements include the accounts of Yukon-Nevada Gold Corp. and
its subsidiaries. All material intercompany transactions and balances have been eliminated. The
subsidiaries and percentage of ownership at June 30, 2007 are as follows:
Ketza River Holdings Ltd. (Yukon) – 100%
YGC Resources Arizona Inc. (Arizona) – 100%
Queenstake Resources Ltd. (British Columbia) – 100%
Queenstake Resources U.S.A. Inc. (Delaware) – 100%
Castle Exploration Inc. (Colorado) – 100%
Certain of the comparative figures have been reclassified to conform with the presentation
adopted in the current year.
5. Adoption of new accounting policies:
(a) Financial instruments:
The Canadian Institute of Chartered Accountants (CICA) issued Section 3855, Financial
Instruments - Recognition and Measurement, Section 3861, Financial Instruments -
Disclosure and Presentation, Section 3865, Hedges and Section 1530, Comprehensive
Income, all applicable for annual or interim periods beginning on or after October 1, 2006.
Sections 3855 and 3861 require all financial assets, financial liabilities and non-financial
derivatives to be recognized on the balance sheet at the appropriate measurement and
properly disclosed in the notes to the consolidated financial statements. Section 3865 sets
out hedge accounting prerequisites and rules and builds on existing Canadian GAAP
guidance by specifying how hedge accounting is applied and disclosed. Section 1530
introduces new standards for the presentation and disclosure of components of
comprehensive income. Comprehensive income is defined as the change in net assets of an
enterprise during a reporting period from transactions and other events and circumstances
from non-owner sources.
8
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Notes to Consolidated Financial Statements
(Unaudited)
(Expressed in thousands of United States dollars)
Three and six month periods ended June 30, 2007
5. Adoption of new accounting policies (continued):
(a) Financial instruments (continued):
The Company has reported a foreign currency exchange gain of $2,314 in the statement of
comprehensive income for the three months ending June 30, 2007, as a result of its change
in reporting currency (note 2).
(b) Accounting changes:
The CICA issued Section 1506, Accounting Changes, applicable for annual or interim periods
beginning on or after January 1, 2007.
Section 1506 revised the standards on changes in accounting policy, estimates or errors to
require a change in accounting policy to be applied retrospectively, unless doing so is
impracticable, changes in estimates to be recorded prospectively, and prior period errors to
be corrected retrospectively. Voluntary changes in accounting policy are allowed only when
they result in financial statements that provide reliable and more relevant information. In
addition, these revised standards call for enhanced disclosures about the effect of changes in
accounting policies, estimates and errors on the financial statements. The impact of this
standard cannot be determined until such time as the Company makes a change in
accounting policy other than one resulting from implementation of new CICA Handbook
standards.
(c) Mineral properties:
Gold production property - Jerritt Canyon – Nevada, USA
Mineral properties are carried at cost less accumulated depletion. Cost includes acquisition
and related costs, capitalized asset retirement costs, long-term development costs incurred
on existing ore bodies, and development costs incurred to further define reserves deemed
capable of subsequent commercial production. Depletion of mineral properties including
deferred development costs is charged on a units-of-production basis over proven and
probable reserves.
(d) Revenue recognition:
Revenue is recognized when there is pervasive evidence that a metal sale contract exists,
delivery to the customer has occurred, legal title has passed and the sales price and timing of
payment has been fixed and timing of payment has been determined.
9
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Notes to Consolidated Financial Statements
(Unaudited)
(Expressed in thousands of United States dollars)
Three and six month periods ended June 30, 2007
5. Adoption of new accounting policies (continued):
(e) Inventories:
Work-in-process inventories are valued at the lower of average production cost and net
realizable value, after a reasonable allowance for further processing and sales costs.
Purchased ore is recorded at cost based upon the contracted purchase price.
Finished goods inventories are valued at the lower of cost and net realizable value. Cost
valuations are based on the related three-month period’s average costs. Net realizable value
is after a reasonable allowance for sales costs.
Materials and supplies inventories are valued at the lower of average cost and replacement
cost, net of a provision for obsolescence with respect to identified inventory items.
Stockpiles represent ore that has been mined or purchased and is available for future
processing. Stockpiles are measured by estimating the number of tons added and removed
from the stockpile, the number of contained ounces (based on assay data) and the estimated
metallurgical recovery rates (based on expected processing method). Stockpile ore tonnages
are verified by periodic surveys. Costs are allocated to stockpiles based on relative values of
material stockpiled and processed using current mining costs incurred up to the point of
stockpiling the ore, including applicable overhead, depreciation, depletion and amortization
related to mining operations, and removed at each stockpile’s average cost per recoverable
ounce.
(f) Marketable securities:
Short-term investments in publicly traded marketable securities are valued at the lower of
cost and quoted market value.
6. Marketable securities:
Shares Amount
Balance acquired on June 20, 2007 and as at June 30, 2007 5,750 $ 32
Marketable securities, consisting of 5,750 Shares of U.S. Gold Corporation, a TSX and AMEX
listed company, are carried at market value.
10
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Notes to Consolidated Financial Statements
(Unaudited)
(Expressed in thousands of United States dollars)
Three and six month periods ended June 30, 2007
7. Inventories:
June 30, December 31,
2007 2006
Finished goods $ 1,982 $ -
Stockpiled ore 3,660 -
Purchased ore 16,290 -
Work-in-process 352 -
Materials and supplies 3,328 -
$ 25,612 $ -
All of the Company’s inventories on hand as of June 30, 2007 are located at the Jerritt Canyon
mine in Nevada, USA.
8. Restricted funds:
June 30, December 31,
2007 2006
AIG commutation account $ 26,722 $ -
Cash restricted for future exploration in Canada 2,428 7,709
Cash pledged as security for letters of credit 1,063 129
$ 30,213 $ 7,838
On June 30, 2003, Queenstake purchased from American Insurance Group (AIG) an
environmental risk transfer program (the ERTP) (see note 11). As part of the ERTP, $25.8 million
was deposited in an interest-bearing account with AIG (the Commutation Account). The
Commutation Account principal plus interest earned on the principal is used to fund Jerritt
Canyon mine’s ongoing reclamation and mine closure obligations identified as at June 30, 2003.
In 2006, the Company raised funds by way of private placements of flow-through shares. Under
the conditions of these private placements, the funds must be spent in 2006 and 2007 on
Canadian Exploration Expenditures (CEE) on properties located in Canada. As at June 30, 2007,
the Company has an obligation remaining of $2.428 million (CDN$2.586 million).
11
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Notes to Consolidated Financial Statements
(Unaudited)
(Expressed in thousands of United States dollars)
Three and six month periods ended June 30, 2007
9. Property, plant and equipment:
Accumulated Net book
June 30, 2007 Cost amortization value
Jerritt Canyon mine, USA $ 20,598 $ 151 $ 20,447
Ketza River project, Canada 1,355 292 1,063
Corporate and other, USA 24 - 24
Corporate and other, Canada 98 58 40
$ 22,075 $ 501 $ 21,574
Accumulated Net book
December 31, 2006 Cost amortization value
Ketza River project, Canada $ 672 $ 173 $ 499
Corporate and other, Canada 83 42 41
$ 755 $ 215 $ 540
10. Mineral properties:
Accumulated Net book
June 30, 2007 Cost amortization value
Jerritt Canyon mine, USA $ 92,068 $ 248 $ 91,820
Ketza River project, Canada 24,030 - 24,030
Silver Valley project, Canada 1,284 - 1,284
Arizona project, USA 502 - 502
Other Yukon and BC projects, Canada 22 - 22
$ 117,906 $ 248 $ 117,658
Accumulated Net book
December 31, 2006 Cost amortization value
Ketza River project, Canada $ 16,957 $ - $ 16,957
Silver Valley project, Canada 159 - 159
Arizona project, USA 433 - 433
Other Yukon and BC projects, Canada 16 - 16
$ 17,565 $ - $ 17,565
12
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Notes to Consolidated Financial Statements
(Unaudited)
(Expressed in thousands of United States dollars)
Three and six month periods ended June 30, 2007
11. Other assets:
June 30, December 31,
2007 2006
Environmental Risk Transfer Program $ 1,105 $ -
Environmental Risk Transfer Program / Reclamation cost cap insurance
The ERTP that Queenstake purchased from AIG (see note 15) also includes a reclamation and
mine closure cost cap insurance policy. The insurance policy provides coverage for future
reclamation and mine closure costs in existence at June 30, 2003, if they exceed those funded by
the Commutation Account (Note 8). If these reclamation costs are less than the amount in the
Commutation Account, the Company would be refunded the excess cash. In the event that these
reclamation costs are more than the Commutation Account balance, the cost cap insurance
policy will pay the excess costs up to a defined maximum.
The insurance premium paid for the ERTP in June 2003 is being amortized over the estimated
proven and probable reserves at the inception of the policy. Amortization of the insurance
premium is calculated based on each respective period’s production ounces with respect to the
estimated proven and probable reserves.
Pollution legal liability
The ERTP also includes a pollution legal liability insurance coverage for third-party damage
claims against the Company for both pre-existing pollution conditions and new pollution
conditions, for a period of five years commencing June 30, 2003.
13
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Notes to Consolidated Financial Statements
(Unaudited)
(Expressed in thousands of United States dollars)
Three and six month periods ended June 30, 2007
12. Related party transactions:
(a) Due to related parties:
June 30, December 31,
2007 2006
Loan from shareholders $ - $ 11
The amount showing as due to shareholders at December 31, 2006 was non-interest
bearing, unsecured and due on demand.
(b) Other related party transactions:
During the period, the Company was charged a total of $41 (2006 - $35) in management fees
by a company owned by a director of the Company.
During the period, the Company was charged a total of $151 (2006 - $16) in legal fees by a
law firm in which the corporate secretary of the Company is a partner in the firm. A portion of
these fees are included in both the transaction costs associated with the Queenstake
business combination and share issue costs for the June 2007 private placement, with the
remainder included under general and administrative expenses.
13. Other long-term liabilities:
June 30, December 31,
2007 2006
Capital leases $ 2,362 $ -
Current portion (875) -
$ 1,487 $ -
14
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Notes to Consolidated Financial Statements
(Unaudited)
(Expressed in thousands of United States dollars)
Three and six month periods ended June 30, 2007
14. Future income taxes:
Future income tax liability – mineral property, balance as of
December 31, 2006 $ 3,729
Renunciation of qualifying eligible expenditures under Canadian
flow-through share program 1,167
Impact of foreign exchange on Canadian dollar future income tax
liability 386
$ 5,282
The Company renounced CDN$3.661 million of qualifying exploration expenditures under the
Canadian flow-through share program in April of 2007. The result of this renunciation was that the
Cumulative Canadian Exploration Expenses pool of the Company was reduced per CICA EIC-
146 and a liability for future income taxes was recorded on the date the renunciation was made.
The Company is in the process of obtaining independent valuations of assets acquired and
liabilities assumed in the business combination with Queenstake described in note 3, including
the valuation of income tax assets and liabilities. Upon completion of the valuation exercise, the
Company will adjust tax accounts as required.
15. Asset retirement obligation:
June 30, December 31,
2007 2006
Jerritt Canyon mine, USA $ 23,200 $ -
Ketza River project, Canada 2,158 1,903
$ 25,358 $ 1,903
Federal, state and local laws and regulations concerning environmental protection affect the
Company’s operations. Under current regulations, the Company is required to meet performance
standards to minimize environmental impact from operations and to perform site restoration and
other closure activities. The Company’s provisions for future site closure and reclamation costs
are based on known requirements. It is not currently possible to estimate the impact on operating
results, if any, of future legislative or regulatory developments. The Company’s estimate of the
present value of the obligation to reclaim the Jerritt Canyon property is based upon existing
reclamation standards at June 30, 2007.
15
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Notes to Consolidated Financial Statements
(Unaudited)
(Expressed in thousands of United States dollars)
Three and six month periods ended June 30, 2007
15. Asset retirement obligation (continued):
As part of the consideration for the Jerritt Canyon mine acquisition, the Company assumed the
liability for final reclamation and closure of the mine. On June 30, 2003, the Company purchased
from AIG an ERTP (Note 8). The ERTP includes several components: a Commutation Account
(Note 6), reclamation cost cap insurance, pollution liability insurance, and surety bonds.
16. Share capital:
(a) Authorized share capital consists of an unlimited number of common shares
(b) Common shares issued and outstanding:
Number
of shares Amount
Balance, December 31, 2006 58,950,169 $ 32,025
Shares issued for cash, June 2007 private placement (i) 42,351,864 71,709
Shares issued to Queenstake shareholders, June 2007
business combination (ii) 58,436,531 96,744
Shares issued upon exercise of shareholder warrants 7,609,081 6,726
Shares issued upon exercise of agents’ options and warrants 494,138 479
Shares issued upon exercise of stock options 973,000 518
Shares issued to optionor pursuant to Silver Valley option
agreement 5,000 -
Fair value of shareholder warrants exercised - 606
Fair value of stock options and agents’ options exercised - 293
Flow through share renunciation - (1,167)
Fair value assigned to shareholder warrants, June 2007
private placement (iii) - (18,809)
Fair value assigned to agents’ options, June 2007 private
placement (iv) - (1,127)
Share issue costs - (3,820)
168,819,783 $ 184,177
16
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Notes to Consolidated Financial Statements
(Unaudited)
(Expressed in thousands of United States dollars)
Three and six month periods ended June 30, 2007
16. Share capital (continued):
(b) Common shares issued and outstanding (continued):
(i) On June 20, 2007 the Company closed a private-placement of 42,351,864 common
share units at a price of CDN$1.80 per unit. Each unit contains one common share of the
Company and one-half of one share purchase warrant that entitles the holder to purchase
one common share of the Company for CDN$3.00. The share purchase warrants expire
on June 20, 2012.
(ii) On June 20, 2007 the Plan of Arrangement to combine the operations of the Company
and Queenstake was executed. Pursuant to the Plan of Arrangement, the Company
issued one common share for 10 shares of Queenstake for 100% of the outstanding
shares of Queenstake. The consideration for each 10 Queenstake shares was valued at
CDN$1.76, the closing price of the Company’s shares on the TSX on June 19, 2007. The
value of the shares of the Company issued to Queenstake shareholders has been
included in the purchase price consideration (see note 3).
(iii) The Company issued 21,175,932 share purchase warrants to investors that participated
in the private-placement referred to in (i). The fair value of these share purchase
warrants, using the Black-Scholes pricing model, was $18.809 million. The following
assumptions have been used to assign a fair value to the share purchase warrants:
Risk-free interest rate 4.25%
Dividend yield 0%
Weighted average expected life of warrants 5
Volatility 79%
(iv) The Company issued 1,798,725 agents’ options to brokers in connection with the
brokered portion of the June 20, 2007 private placement. Each agents’ option entitles the
holder to purchase one common share of the Company for CDN$2.10. The agents’
options expire on June 20, 2009. The following assumptions have been used to assign a
fair value of $1.127 million to the agents’ options, using the Black-Sholes pricing model:
Risk-free interest rate 4.25%
Dividend yield 0%
Weighted average expected life of warrants 2
Volatility 79%
17
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Notes to Consolidated Financial Statements
(Unaudited)
(Expressed in thousands of United States dollars)
Three and six month periods ended June 30, 2007
16. Share capital (continued):
(c) Warrants:
Number
of warrants Amount
Balance, December 31, 2006 8,840,327 $ 687
Warrants exercised by shareholders (7,609,084) (606)
Warrants expired (20,000)
Warrants issued upon exercise of agents’ options 52,688
Warrants exercised by brokers (246,408)
Warrants issued to Queenstake shareholders, June 2007
business combination (i) 3,851,200 1,767
Warrants issued to shareholders, June 2007 private
placement 21,175,932 18,809
26,044,655 $ 20,657
(i) Pursuant to the terms of the Plan of Arrangement, the Company issued one share
purchase warrant for every 10 Queenstake share purchase warrants outstanding as of
the date of the business combination, June 20, 2007. The strike price of the Queenstake
warrants was multiplied by 10 to calculate the exercise price of the warrants issued by
the Company for the Queenstake warrants. The fair value of these warrants issued by the
Company was assigned a fair value using the Black-Scholes pricing model with the
following assumptions:
January 16, April 10,
2009 2012
expiring expiring
Risk-free interest rate 4.25% 4.25%
Dividend yield 0% 0%
Weighted average expected life of warrants 1.58 2.81
Volatility 79% 79%
The fair value of the warrants of $1.767 million issued to Queenstake warrant holders has
been included as part of the purchase price consideration (see note 3).
18
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Notes to Consolidated Financial Statements
(Unaudited)
(Expressed in thousands of United States dollars)
Three and six month periods ended June 30, 2007
16. Share capital (continued):
(c) Warrants (continued):
(i) (continued):
The following is a summation of the warrants outstanding as of June 30, 2007:
December 31, June 30,
2006 2007
Expiry Exercise Number Warrants Warrants Warrants Number
date price outstanding exercised expired issued outstanding
Shareholder warrants January 31, 2007 2.40 20,000 - (20,000) -
Shareholder warrants April 13, 2007 1.00 5,724,084 (5,724,084) - -
Shareholder warrants July 29, 2007 1.00 2,405,001 (1,875,000) - 530,001
Shareholder warrants August 26, 2007 1.00 466,000 (10,000) - 456,000
Shareholder warrants January 16, 2009 1.80 - - - 1,000,000 1,000,000
Shareholder warrants April 12, 2010 5.50 - - - 2,851,200 2,851,200
Shareholder warrants June 20, 2012 3.00 - - - 21,175,932 21,175,932
Broker warrants April 13, 2007 1.05 193,720 (246,408) - 52,688 -
Broker warrants July 29, 2007 1.05 31,522 - - - 31,522
8,840,327 (7,855,492) 25,079,820 26,044,655
(d) Contributed surplus:
Contributed surplus as of June 30, 2007 is comprised as follows:
As at December 31, 2006 $ 1,155
Stock-based compensation (i) 2,594
Transfer to share capital for exercise of stock and agents’ options (293)
Fair value of stock options issued to Queenstake option holders 113
Fair value of agents’ options issued with June 2007 private placement 1,128
$ 4,697
(i) The Company issued the following stock options to employees and contractors during the
period ending June 30, 2007:
(a) 65,000 options on April 3, 2007 with an exercise price of $1.61, expiring on April 3, 2012
(b) 500,000 options on June 25, 2007 with an exercise price of $1.74, expiring on June 25,
2012.
19
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Notes to Consolidated Financial Statements
(Unaudited)
(Expressed in thousands of United States dollars)
Three and six month periods ended June 30, 2007
16. Share capital (continued):
(d) Contributed surplus (continued):
The fair value of these options has been assigned a fair value using the Black-Scholes
pricing model as follows:
April, June 25,
2012 2012
expiring expiring
Risk-free interest rate 4.24% 4.25%
Dividend yield 0% 0%
Weighted average expected life of warrants 5 5
Volatility 81% 79%
The fair value of the stock options granted is included in the stock based compensation
expenses in the statement of operations or included in the cost of mineral properties (cost
allocated to fair value of options granted to Ketza River project contractors) and credited to
contributed surplus.
Continuity of stock options outstanding for the year to date ending June 30, 2007:
December 31, June 30,
2006 2007
Number of Stock Stock Number of
Exercise stock options options options stock options
Expiry date price outstanding granted exercised outstanding
April 13, 2010 0.60 1,390,000 - (510,000) 880,000
May 17, 2010 0.60 450,000 - (450,000) -
October 1, 2010 0.60 1,115,000 - (3,000) 1,112,000
January 25, 2011 0.82 370,000 - - 370,000
March 28, 2011 1.06 85,000 - (10,000) 75,000
November 10, 2011 1.71 10,000 - - 10,000
December 12, 2011 2.25 105,000 - - 105,000
January 5, 2012 2.77 - 1,275,000 - 1,275,000
April 3, 2012 1.61 - 65,000 - 65,000
June 25, 2012 1.74 - 500,000 - 500,000
August 17, 2007 3.70 - 15,000 - 15,000
November 3, 2007 2.15 - 5,000 - 5,000
July 27, 2008 3.85 - 145,000 - 145,000
July 5, 2009 5.70 - 90,500 - 90,500
October 25, 2009 5.70 - 96,500 - 96,500
May 3, 2010 2.25 - 50,000 - 50,000
3,525,000 2,242,000 (973,000) 4,794,000
20
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Notes to Consolidated Financial Statements
(Unaudited)
(Expressed in thousands of United States dollars)
Three and six month periods ended June 30, 2007
16. Share capital (continued):
(d) Contributed surplus (continued):
Continuity of agents’ options outstanding for the year to date ending June 30, 2007:
December 31, June 30,
2006 2007
Number of Agents’ Agents’ Agents’ Number of
Exercise agents’ options options options options agents’ options
Expiry date price outstanding issued exercised expired outstanding
April 13, 2007 0.65 105,380 - (105,380) - -
July 28, 2007 0.75 191,085 - - - 191,085
May 30, 2007 1.55 273,017 - (142,350) (130,667) -
June 20, 2009 2.10 - 1,798,725 - - 1,798,725
569,482 1,798,725 (247,730) (130,667) 1,989,810
17. Segmented information:
All of the Company’s operations are related to the gold mining industry. As of the end of June 30,
2007 the Company had one gold producing property (Jerritt Canyon) located in Nevada, USA.
The Company has exploration properties in Canada and the USA.
Assets and liabilities held by geographic location are follows:
June 30, December 31,
2007 2006
Assets:
Canada $ 94,401 $ 31,479
USA 173,797 433
$ 268,198 $ 31,912
Liabilities:
Canada $ 10,851 $ 6,316
USA 58,338 -
$ 69,189 $ 6,316
21
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Notes to Consolidated Financial Statements
(Unaudited)
(Expressed in thousands of United States dollars)
Three and six month periods ended June 30, 2007
18. Commitments and contingencies:
(a) Commitments:
The Company has certain contracted commitments and obligations under capital leases and
operating leases. Future payments for these contracted commitments and obligations with
initial or remaining terms in excess of one year at June 30, 2007 are as follows:
Less than More than
Total 1 year 1 – 3 years 4 – 5 years 5 years
Capital lease obligations 2,700 1,000 1,700 - -
Operating leases 300 200 100 - -
Total material contractual obligations 3,000 1,200 1,800 - -
Effective July 1, 2007 Queenstake Resources USA, Inc. signed an amended and restated
agreement for the purchase and sale of ore and concentrate with Newmont USA Limited
(Newmont). This agreement supercedes the original agreement dated March 29, 2006 and
amended December 22, 2006.
Per the terms of this agreement, the Company shall exercise its best efforts to process
1,000,000 tons of ore delivered by Newmont by December 31, 2008
(b) Legal:
The Company may be involved in various claims, legal proceedings and complaints arising in
the ordinary course of business. The Company does not believe that adverse decisions in
any pending or threatened proceedings related to any matter, or any amount which the
Company may be required to pay by reason thereof, will have a material effect on the future
conditions or future results of operations for the Company.
The Company filed suit on January 19, 2007 against American International Specialty Lines
Insurance Company, a subsidiary of AIG, (the Insurance Company) in United States District
Court for the District of Colorado. The suit seeks $8.4 million for construction of the
evaporation pond at the Company’s Jerritt Canyon operations in Nevada plus an unspecified
amount for additional damages as a result of the Insurance Company’s failure to reimburse
Queenstake under its reclamation costs insurance policy. The matter has been referred to
arbitration. Queenstake is being represented in this matter by Anderson Kill & Olick, P.C. of
New York.
22
YUKON-NEVADA GOLD CORP.
(Formerly YGC Resources Ltd.)
Notes to Consolidated Financial Statements
(Unaudited)
(Expressed in thousands of United States dollars)
Three and six month periods ended June 30, 2007
19. Subsequent events:
Subsequent to June 30, 2007, the Company:
(a) on July 5, 2007, granted 500,000 stock options to employees of the Jerritt Canyon mine in
Nevada, USA;
(b) issued 530,000 common shares for proceeds of $497 pursuant to the exercise of shareholder
warrants;
(c) issued 318,147 common shares for proceeds of $260 pursuant to the exercise of agents’
options and warrants; and
(d) on August 10, 2007, granted 3,200,000 stock options to directors and officers of the
Company.  

4620 Postings, 4745 Tage Nimbus2007Sooooo...

 
  
    
24.09.07 18:04
nun scheint es so, als ob endlich auch andere erkannt haben, welches Potential in Yukon steckt.
Nach der Übernahme von Queenstake sollte für die nächsten Jahre der Weg nun klar sein, wenn Gold weiter steigt. (Wovon ich persönlich stark ausgehe)

Lg  

4620 Postings, 4745 Tage Nimbus2007Ach ja...

 
  
    
1
26.09.07 13:24
ich vergaß....wir sind hier bei Ariva....da spekuliert man nicht mit "soliden" Werten, sondern lieber mit Pommesbuden. *gg*  

4620 Postings, 4745 Tage Nimbus2007Letzte News

 
  
    
12.10.07 14:26
News release via Canada NewsWire, Toronto 416-863-9350
Attention Business Editors:
Yukon-Nevada Gold - Strategy for Successful Exploration
VANCOUVER, Oct. 11 /CNW/ - Yukon-Nevada Gold Corp. (Toronto Stock
Exchange: YNG; Frankfurt Xetra Exchange: NG6). Further to the news release of
October 9, 2007, Mr. Graham C. Dickson, the President of Yukon-Nevada Gold
Corp. ("YNG" or the "Company") is pleased to provide further details of the
Company's strategy for successful exploration in the Yukon.
Yukon-Nevada Gold Corp. is a North American gold producer in the business
of discovering, developing and operating gold deposits. Our primary focus has
been on the acquisition and development of late stage development and
operating properties with gold as our primary target. Continued growth will
occur by increasing or initiating production from the Company's existing
properties and by further acquisitions.
This growth strategy has now been augmented by the formation of a joint
venture to carry out early stage exploration on new acquisitions. To date,
Yukon-Nevada Gold Corp. has not had the ability to engage in early stage
exploration projects in the Yukon or in other areas of North America. YNG will
continue to develop and produce from its existing 100%-owned properties in the
Yukon and Nevada.
The completion of an agreement between YNG and Northwest Non-Ferrous
International Investment Company Limited ("NWI"), a Chinese investment company
100% owned by NWME, to form a new Canadian company, which will explore for and
develop mineral resources in the Yukon Territory, Canada, provides a valued
addition to our abilities. It means that the Company will now have the
opportunity to access the experience and skills that will allow for the
exploration for molybdenum, titanium, rare earth metals, aluminum, lead, zinc,
gold, silver, uranium, copper and vanadium.
The new company will, subject to governmental approvals, be named
"Yukon-Shaanxi Gold Company Inc." ("Yukon-Shaanxi"), and will initially be
owned by YNG and NWI, each as to a 50% shareholding. The initial Board of
Directors of Yukon-Shaanxi will comprise six Directors, with equal
representation from each of YNG and NWI.
The President and Chief Executive Officer of Yukon-Shaanxi will be
Mr. Graham C. Dickson. The business alliance between YNG and NWME has been
facilitated by the Government of the Yukon, Economic Development.
If you would like to receive press releases via email please contact
nicole(at)yngc.ca and specify "Yukon-Nevada Gold Corp. releases" in the subject
line.
Please visit our website at www.yukon-nevadagold.com. You can visit
NWME's website at www.nwme.com.cn.
The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.
WARNING: The Company relies upon litigation protection for
"forward-looking" statements.
This news release does not constitute an offer to sell or a solicitation
of an offer to sell any of the securities in the United States. The securities
have not been and will not be registered under the United States Securities
Act of 1933, as amended (the "U.S. Securities Act") or any state securities
laws and may not be offered or sold within the United States or to
"U.S. Persons" as such term is defined by regulations under the U.S.
Securities Act, unless registered under the U.S. Securities Act and applicable
state securities laws or an exemption from such registration is available.
%SEDAR: 00004098E
/For further information: Yukon-Nevada Gold Corp., Nicole Sanches,
Manager, Investor Relations, Tel: (604) 688-9427, Email: nicole(at)yngc.ca,
www.yukon-nevadagold.com; CHF Investor Relations, Jeanny So, Broker Relations
Specialist, Tel: (416) 868-1079 ext. 225, Email: jeanny(at)chfir.com,
www.chfir.com/
(YNG.)
CO: Yukon-Nevada Gold Corp.
CNW 08:30e 11-OCT-07  

4620 Postings, 4745 Tage Nimbus2007Private placement...von vorgestern..

 
  
    
12.10.07 14:27
News release via Canada NewsWire, Toronto 416-863-9350
Attention Business Editors:
Yukon-Nevada Gold Corp. announces closing of flow-through private
placement
VANCOUVER, Oct. 10 /CNW/ - Yukon-Nevada Gold Corp. (Toronto Stock
Exchange: YNG; Frankfurt Xetra Exchange: NG6) Graham Dickson, the President of
Yukon-Nevada Gold Corp. (the "Company"), announces that the closing of the
Company's non-brokered private placement for a total of 5,000,000 flow-through
shares (the "Shares") to net the treasury an aggregate of $10,000,000 took
place effective October 5, 2007.
In accordance with securities legislation currently in effect, the Shares
will be subject to "hold period" of four months plus one day expiring on
February 6, 2008.
If you would like to receive press releases via email please contact
nicole(at)yngc.ca and specify "Yukon-Nevada Gold Corp. releases" in the subject
line.
Please visit our website at www.yukon-nevadagold.com
The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.
WARNING: The Company relies upon litigation protection for
"forward-looking" statements.
This news release does not constitute an offer to sell or a solicitation
of an offer to sell any of the securities in the United States. The securities
have not been and will not be registered under the United States Securities
Act of 1933, as amended (the "U.S. Securities Act") or any state securities
laws and may not be offered or sold within the United States or to "U.S.
Persons" as such term is defined by regulations under the U.S. Securities Act,
unless registered under the U.S. Securities Act and applicable state
securities laws or an exemption from such registration is available.
%SEDAR: 00004098E
/For further information: Yukon-Nevada Gold Corp., Nicole Sanches,
Manager, IR, Tel: (604) 688-9427, Email: nicole(at)yngc.ca,
www.yukon-nevadagold.com; CHF Investor Relations, Jeanny So, Broker Relations
Specialist, Tel: (416) 868-1079 ext. 225, Email: jeanny(at)chfir.com,
www.chfir.com/
(YNG.)
CO: Yukon-Nevada Gold Corp.
CNW 15:08e 10-OCT-07  

4620 Postings, 4745 Tage Nimbus2007Noch viel interessantere news...

 
  
    
28.10.07 20:12
Nur wie stellen die sich das vor mit den 20 %. Soll das ausgelost werden, oder wie haben die sich das vorgestellt...bin ja mal gespannt.


BC FORM 51-102F3
MATERIAL CHANGE REPORT
NOTE: If this report is filed on a confidential basis, state in block capitals “CONFIDENTIAL” at the beginning of the Report.
1. Name and Address of Company
The full name and address of the principal office in Canada of the Company is:
Yukon-Nevada Gold Corp. (formerly YGC Resources Ltd.)
490 – 688 West Hastings Street Vancouver, B.C. V6B 1P1
2. Date of Material Change
The date of the material change is October 9, 2007.
3. News Release:
The date and method(s) of dissemination of the News Release issued under section 7.1 of National Instrument 51-102 is/are as follows:
Date of Issuance: October 9, 2007
The news release was disseminated via SEDAR to the securities commissions in British Columbia, Alberta and Ontario, to the TSX and via wire by CCN Matthews.
4. Summary of Material Change
Yukon-Nevada Gold Corp. announces joint venture.
5. Full Description of Material Change
Graham Dickson, the President of Yukon-Nevada Gold Corp. (the "Company" or “YNG” and Mr. Sun Feng, the Director General of Northwest Geological Exploration and Mining Bureau for Non-Ferrous Metals of the People’s Republic of China (“NWME”) are pleased to announce the completion of an agreement between YNG and Northwest Nonferrous International Investment Company Limited (“NNIIC”), a Chinese investment company owned by NWME, to form a new company which will explore for and develop mineral resources in the Yukon Territory, Canada.
The new company will, subject to governmental approvals, be named “Yukon-Shaanxi Gold Company Inc.” (“Yukon-Shaanxi”), and will initially be owned by YNG and NNIIC, each as to a 50% shareholding. The initial Board of Directors of Yukon-Shaanxi will comprise six Directors, with equal representation from each of YNG and NNIIC.
p:\clients\1-sedar\yukon-nevada\nr\mcr\07oct10_china.doc
2
Yukon-Shaanxi proposes to acquire, explore and develop mineral resources in the Yukon, and to conduct a public offering of its securities in Canada and to seek a listing of its shares on a Canadian stock exchange. YNG proposes to distribute some of its shares in Yukon-Shaanxi to the shareholders of YNG, but will retain at least a 20% shareholding in Yukon-Shaanxi. The Agreement between YNG and NNIIC will permit NNIIC to hold a 50% shareholding in Yukon-Shaanxi.
The business alliance between YNG and NWME has been facilitated by Yukon Economic Development.
NWME is wholly owned by Shaanxi Non-ferrous Metals Holding Group Co., Ltd. (“SNG”).
SNG is a fully integrated industrial holding group owned by the Shaanxi Province established in year 2000. SNG is involved in all aspect of the production of minerals and metals from exploration to mining and manufacturing to world exportation and sales. With 23 billion RMB in assets, 27,000 employees and sales in excess of 15.7 billion RMB in 2006, the SNG Group ranked 239 amongst the 500 largest Chinese Companies. SNG is actively looking to cooperate with local and national companies to expand its production capacity overseas. SNG is an important producer of Molybdenum Concentrates and Metals Products, Titanium, Titanium Alloy, Rare Metals Materials and Aluminum, Lead, Zinc, Gold, Silver, Vanadium Oxide and poly-Silicon.
NWME was founded in 1957 as a subordinate to the Ministry of Metallurgy, Peoples Republic of China. Now wholly owned by the SNG Group, its main business is to prospect and develop nonferrous mineral resources in the Shaanxi province and overseas. In China NWME is one of the top five exploration and mining Bureaus (amongst over 100 provincial Bureaus) in terms of revenue and technical capacity. Employing more than 6000 employees including 800 geologists, technologists and engineers, NWME was the first Bureau in China to conduct exploration projects in partnership with companies from Western countries (including the Canadian companies Teck Cominco and Placer Dome). In recent years, NWME has been actively involved in overseas investment; it has exploration projects in a number of countries including Mongolia, Argentina, Indonesia and Guinea
Yukon-Nevada Gold Corp. is a North American gold producer in the business of discovering, developing and operating gold ore deposits. Continued growth will occur by increasing or initiating production from its existing properties and by further acquisitions. The Company holds a diverse portfolio of gold, silver, zinc and copper properties in the Yukon Territory and British Columbia in Canada and in Arizona and Nevada in the United States.
6. Reliance on subsection 7.1(2) or (3) of National Instrument 51-102
Not applicable.
7. Omitted Information
No significant facts remain confidential and no information has been omitted in this report.
p:\clients\1-sedar\yukon-nevada\nr\mcr\07oct10_china.doc
3
8. Executive Officer
The name and business telephone number of an executive officer of the Company who is knowledgeable about the material change and the Report or an officer through whom such executive officer may be contacted is as follows:
Name: Graham Dickson, President and CEO
Bus. Tel: (604) 688-9427
9. Date of Report
Dated at _Vancouver, British Columbia , this 16th day of October, 2007.
“Graham Dickson”
Graham Dickson, President and CEO
p:\clients\1-sedar\yukon-nevada\nr\mcr\07oct10_china.doc  

8451 Postings, 5660 Tage KnappschaftskassenDa steht was über Yukon Nevada Goldmines drin!

 
  
    
01.03.08 03:18

462 Postings, 3960 Tage sonnenkindwieso steigt yukon nevada???

 
  
    
04.02.09 17:43
weiß wer was neues von dieser aktie oder steigt die momentan per zufall

mfg  

256 Postings, 4242 Tage DH 50Sie liegt immer noch 95% unter meinem Ausstiegskurs.

 
  
    
05.02.09 19:44
Habe damals zum Glück nur knapp 10% verloren. Wahrer Wohlstand wollte uns damals glauben machen, dass man mit Yukon zum Wohlstand kommt. Heute halte ich solche Papiere für lotterie spielen. Am letzten Wochenende konnte man im Lotto auch Millionen gewinnen.
 

462 Postings, 3960 Tage sonnenkindklar realismus ist hier angesagt

 
  
    
2
07.02.09 20:36
klar ist diese aktie reines lotteriespiel, aber in ein gemischtes aktienpaket gehört nun mal auch ein lotteriespiel mit hinein, so meine einstellung, aber mit dem vollen bewußtsein zum risiko mit totalverlust : )

habe mir einfach zum kurs 0,025 ein kleines paket gekauft stellt somit etwa 5% meines depotwerts dar und versteht sich als reiner zock, wos meiner meinung und hoffnung nur ein wenn oder aber gibt, gehts gut aus, dann gut so wenn nicht...keine träne

spekuliere rein, dass sich mit stark steigendem goldpreis ein größerer investor finden könnte, der das ruder noch mal rum reißt, aber ich habe keine illusionen.. : )

luck  

4620 Postings, 4745 Tage Nimbus2007So...Mühle läuft wieder...

 
  
    
26.03.09 16:49
March 25, 2009
YUKON-NEVADA GOLD CORP. TO RESTART MILLING AT JERRITT CANYON

--------------------------------------------------

 Vancouver, BC -- March 25, 2009 -- Yukon-Nevada Gold Corp. (Toronto Stock Exchange: YNG; Frankfurt Xetra Exchange: NG6) is pleased to announce that the Queenstake Resources', a wholly owned subsidiary of Yukon-Nevada Gold Corp., Jerritt Canyon Mine has completed a series of environmental-compliance requirements and that Nevada Division of Environmental Protection (NDEP) has made a determination authorizing the restart of the Mine's milling operations. Queenstake is a major producer of gold in northern Elko County.

"Queenstake Resources has met all requirements for start up, but there are requirements to continue operation and we'll be working with them to meet those in the near future," said NDEP Administrator Leo Drozdoff.

Queenstake's personnel have worked with the NDEP continuously during the past six months to resolve air and water issues to a level that will allow Queenstake Resources to begin milling. The restart will allow Queenstake Resources to rehire workers, generate revenue and continue required environmental work at the site.

"Having the mill back within the environmental requirements and its subsequent re-opening demonstrates how well Queenstake, the NDEP and the Attorney General's office can work together to insure that the environment is protected, a viable mill is permitted to operate, and getting motivated millers and miners back to work," said Deputy Attorney General Robert Kilroy.

HISTORY

Jerritt Canyon Mine, located about 50 miles north of Elko, shut down in August 2008, leaving a few staff and contractors on site to manage the facility.

The NDEP worked closely with the United States Department of Agriculture Forest Service during the shutdown period to ensure the protection of human health and the environment.

Queenstake Resources holds environmental permits for air, water, waste and surface reclamation activities issued by the NDEP for the Jerritt Canyon Mine. The NDEP has been working closely with Queenstake in a cooperative effort to address compliance issues at the site with potential impacts to the environment.

Staff from Queenstake Resources and the NDEP worked together to resolve air emission controls related to the roasting operation. Staffs also worked diligently to ensure all water management systems were maintained and operated properly during the shut down.

PROGRESS

Queenstake Resources has conducted a top to bottom evaluation of the Mill operation with NDEP and made numerous changes to address or eliminate air emissions. As part of this effort and in conjunction with other interim operational changes, Queenstake has committed to implement state-of-the-art mercury-emission control technology by May 30, 2009.

NDEP staff will remain on-site to monitor progress and ensure compliance with all environmental requirements.

"We have been and will continue to work together with the NDEP to ensure that we meet or exceed their performance guidelines," said Queenstake Resources CEO Graham Dickson.

Yukon-Nevada Gold Corp. is a North American gold company in the business of discovering, developing and operating gold deposits. The Company holds a diverse portfolio of gold, silver, zinc and copper properties in the Yukon Territory and British Columbia in Canada and in Arizona and Nevada in the United States. The Company's focus has been on the acquisition and development of late stage development and operating properties with gold as the primary target. Continued growth will occur by increasing or initiating production from the Company's existing properties.


Yukon-Nevada Gold Corp.
Nicole Sanches
Investor Relations Manager
Tel: (604) 688-9427
Email: nicole@yngc.ca
www.yukon-nevadagold.com

CHF Investor Relations
Jacqueline Wagenaar
Account Manager
Tel: (416) 868-1079 ext. 289
Email: jacqueline@chfir.com
www.chfir.com


If you would like to receive press releases via email please contact nicole@yngc.ca and specify "Yukon-Nevada Gold Corp. releases" in the subject line.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

WARNING: The Company relies upon litigation protection for "forward-looking" statements.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
 
 You can view the Previous News Releases item: Tue Mar 17, 2009, YUKON-NEVADA GOLD CORP. ANNOUNCES PRIVATE PLACEMENT  

4620 Postings, 4745 Tage Nimbus2007Kanada plus 75 % mit 6 Mio stk.

 
  
    
26.03.09 20:11
Bei einem Rücksetzer könnte man mal einsteigen. Da ist jetzt wieder Phantasie drin. Steigender Goldpreis wirkt sich jetzt direkt positiv für das Unternehmen aus.  

462 Postings, 3960 Tage sonnenkindweiß wer

 
  
    
16.04.09 13:29
wann da zahlen veröffentlicht werden

oder wies sonst wie ausschaut, möchte mein dickes plus nicht verlieren, aber weiter diese aktie halten
-----------
eine aktie, die es dir nicht wert ist 8 jahre zu halten, solltest du nicht kaufen..
luck

462 Postings, 3960 Tage sonnenkindlange gewartet

 
  
    
08.05.09 16:22
aber scheint sich zu lohnen:))
-----------
eine aktie, die es dir nicht wert ist 8 jahre zu halten, solltest du nicht kaufen..
luck

462 Postings, 3960 Tage sonnenkindkann mir jemand sagen

 
  
    
1
09.07.09 20:13
was das http://www.finanznachrichten.de/ext/goto.asp?id=14385133 im klartext heißt

danke
-----------
politik ist die kunst über probleme zu reden, die eigentlich keine (mehr) sind, um die wahren probleme im hintergrund zu lösen
zu österreichisch: unterhalte den stammtisch

462 Postings, 3960 Tage sonnenkindsolange gold

 
  
    
1
18.09.09 12:02
steigt, bleibe ich in dieser mühle drinnen
-----------
politik ist die kunst über probleme zu reden, die eigentlich keine (mehr) sind, um die wahren probleme im hintergrund zu lösen
zu österreichisch: unterhalte den stammtisch

462 Postings, 3960 Tage sonnenkindguckst du mal

 
  
    
1
14.10.09 19:54
stehen wir am beginn einer angenehmen reise, so hat sich meine geduld gelohnt:))
-----------
politik ist die kunst über probleme zu reden, die eigentlich keine (mehr) sind, um die wahren probleme im hintergrund zu lösen
zu österreichisch: unterhalte den stammtisch

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