NEVADA — Yukon-Nevada Gold Corp. of Vancouver poured its first gold since restarting the mill at the Jerritt Canyon mine near Elko. This was the first pour since permission was received from the state to restart the plant which includes a roaster for the sulphide ore.
The Jerritt Canyon mine is an underground operation, with some notably high grades. In the summer of 2008 drilling cut 40.1 g/t Au over 6.4 metres and 15.0 g/t over 6.1 metres. At the end of 2007, Yukon-Nevada reported total proven and probable reserves of 2.86 million tonnes grading 7.88 g/t Au or 717,300 contained ounces at Jerritt Canyon. Measured and indicated resources were 7.44 million tonnes grading 8.23 g/t or 1.9 million contained ounces.
President and CEO Graham Dickson said at the pour, "We can now concentrate on our plans to restart mining at Jerritt Canyon and to make further advances towards profitable production at Ketza River in the Yukon."
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