Yukon-Nevada Gold Corp. announces its Board of Directors has accepted the resignation of its Chairman, John Greenslade due to other business commitments.

Robert Baldock, CEO and President stated, "The Board of Directors would like to express its appreciation for Mr. Greenslade's contributions to the Company. The appointment of his successor will be announced at a later date. We continue to support our management team which remains focused on operations and cash flow growth at Jerritt Canyon, our gold producing property in Nevada."