09:58 AM EST - Yukon-Nevada Gold Corp. : announced that proven and probable reserves at its 100%-owned Jerritt Canyon operating gold mine in Elko County, Nevada, estimated at year-end 2011, have increased to 1,060,800 ounces of gold at a grade of 0.175 ounces of gold per ton (opt) or 6.00 grams of gold per tonne (gpt). These reserves are within a newly estimated measured and indicated resource of 2,319,200 ounces of gold at a grade of 0.189 opt (6.48 gpt). The inferred resource at Jerritt Canyon is an additional 748,400 ounces of Au at a grade of 0.182 opt (6.24 gpt). Yukon-Nevada Gold Corp.
shares T.YNG are trading unchanged at $0.33.
