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Yukon-Nevada Gold Corp.

11:42 AM EST - Yukon-Nevada Gold Corp. : announced an updated resource estimate for its wholly-owned Ketza River Property in the Yukon Territory. The estimate is based on a $1,150 (U.S.) per troy ounce gold price and consists of a measured resource of 29,000 ounces at a grade of 5.38 g/t and an indicated resource of 388,700 ounces at a grade of 5.46 g/t. There is an additional inferred resource of 67,300 ounces at a grade of 4.62 g/t. Yukon-Nevada Gold Corp. shares T.YNG are trading $0.015 at $0.39.