Last updated on April 24, 2014 at 12:48 EDT

Yukon-Nevada Gold Corp. Announces New Board Members

July 26, 2012

VANCOUVER, July 26, 2012 /PRNewswire/ - Yukon-Nevada Gold Corp. (TSX: YNG) (Frankfurt Xetra Exchange: NG6) is pleased to announce the appointment of Randy Reichert, Co-CEO and
COO and Dr. Barry A. Goodfield to the Board of Directors.

Mr. Reichert has 23 years’ experience from his international work at
various operating mines and process facilities. Most recently Mr.
Reichert was President and COO for Colossus Minerals Inc responsible
for the development of the Serra Pelada project in Brazil. Prior to
this he was COO of Oriel Resources plc and Orsu Metals Corp. Mr.
Reichert spent over five years in Russia with Bema Gold, and
subsequently Kinross Gold Corporation. Within those five years he held
the position of General Manager, Operations of the Kupol gold mine in
Chukotka, Russia and General Manager for the Julietta gold mine in
Magadan, Russia. He has also held positions within various mining
operations with Cominco Limited, now Teck, prior to working for Bema
Gold. Mr. Reichert is a professional engineer with a Mining Engineering
degree from the University of British Columbia, a Masters in Rock
Mechanics from Queens University and a GDBA from Simon Fraser
University. Mr. Reichert’s contributions to the extensive renewal of
the Company’s mining operations over the past year have been

Dr. Goodfield is a recognized expert in negotiations, mediation,
conflict resolution and communications. For more than three decades he
has advised heads of state, cabinet ministers, senior corporate
executives, ranking international civil servants, and military
commanders internationally. Dr. Goodfield has also served as a senior
consultant to NATO and in The Hague. He is a Senior Professor at
Henley-Putnam University, instructing doctoral candidates specializing
in intelligence counterterrorism and has lectured at Oxford and the
University of California at Berkeley. He founded the Goodfield
Institute in Glendale, Arizona, and The Netherlands.

In addition, Francois Marland has been appointed as Executive Chairman
of the Board of Directors. Mr. Marland has over twenty years of global
business experience and has been on the Board of Directors since 2010.

Yukon-Nevada Gold Corp. is a North American gold producer in the
business of discovering, developing and operating gold deposits. The
Company holds a diverse portfolio of gold, silver, zinc and copper
properties in the Yukon Territory and British Columbia in Canada and in
Nevada in the United States. The Company’s focus has been on the
acquisition and development of late stage development and operating
properties with gold as the primary target. Continued growth will occur
by increasing or initiating production from the Company’s existing

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The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.

WARNING: The Company relies upon litigation protection for
“forward-looking” statements.

This news release does not constitute an offer to sell or a solicitation
of an offer to buy any of the securities in the United States.  The
securities have not been and will not be registered under the United
States Securities Act of 1933, as amended (the “U.S. Securities Act”)
or any state securities laws and may not be offered or sold within the
United States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption
from such registration is available.

SOURCE Yukon-Nevada Gold Corp.

Source: PR Newswire