Yukon Nevada Gold Corp T.YNG

Steady-state

[Combo9]

It's official. VANCOUVER, June 18, 2012 /PRNewswire via COMTEX/ -- Yukon-Nevada Gold Corp. CA:YNG+3.33% (frankfurt xetra exchange:NG6) is pleased to announce that its wholly-owned Jerritt Canyon processing facility in Nevada has reached steady-state operation. After facing a series of challenges in reaching target gold production rates earlier this year following a planned shutdown in January, Jerritt Canyon has operated continuously over the last month processing an average of 4,112 tons per day. Jerritt Canyon is operated by Queenstake Resources USA Ltd., ("Queenstake") a wholly-owned subsidiary of Yukon-Nevada Gold Corp. ("YNG" or the "Company").

[goldpet]

Well, I would think this morning's PR is what the Street, we shareholders, and any prospective suitors for YNG are wanting to hear. They did 12K oz. of production for the last month, not quite the number to reach 150K per year, but they're still tweeking the plant, so maybe before the end of the Summer they're hitting their projections. This is fantastic news IMO, now maybe we start