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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Bullboard Posts
Comment by aristoenigmaon Apr 21, 2008 1:17pm
127 Views
Post# 14992432

Thanks for posting Nevada 43-101 Artie

Thanks for posting Nevada 43-101 Artie

19 Recommendations (Item 22)

Queenstake has been conducting aggressive resource and reserve development programs throughout its

ownership of Jerritt Canyon. The mill has not been operating at capacity, even with an agreement with

Newmont to purchase ore over the past two years, but with an option to extend the agreement for an

additional three years, the mill should be able to operate near full capacity. The operation now has a mine

life of five years, with the addition of the purchased ore.

SRK has the following recommendations:

Continue exploration drilling with the target of locating new areas of resource and reserve;

Try to maximize stockpile haulage to the mill during the non-winter seasons;

Continue to work on the mine to mill reconciliation in respect to tons and grade. The staff at

Jerritt Canyon has indicated that this will be one of its objectives in 2008; and

Continue to develop ways to minimize the amount of moisture in the ore that enters the plant.

The moisture typically comes from internal mine water, and seasonally from water that enters

the stockpiles at the mines and mill.

Bullboard Posts