Yukon-Nevada Gold Corp. (TSX:YNG & Frankfurt:NG6) is a North American gold company in the business of discovering and developing 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 Arizona and 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 properties and by further acquisitions.

This growth strategy has now been augmented by the formation of a joint venture to carry out early stage exploration on new acquisitions. The completion of an agreement between YNG and Northwest Non-Ferrous International Investment Company Limited (“NWI“), a Chinese investment company 100% owned by NWME, to form a new Canadian company, Yukon-Shaanxi Mining Company Inc., which will explore for and develop mineral resources in the Yukon Territory, Canada, provides a valued addition to our abilities. It means that the Company will now have the opportunity to access the experience and skills that will allow for the exploration for molybdenum, titanium, rare earth metals, aluminum, lead, zinc, gold, silver, uranium, copper and vanadium.

Gossan Resources Limited is engaged in the exploration and development of a broadly diversified portfolio of properties hosting gold, platinum group and base metals, as well as the specialty and minor metals – tantalum, lithium, chromium, titanium and vanadium. Gossan also holds a large deposit of magnesium-rich dolomite, the world-wide rights to the Zuliani magnesium production process, and a high-purity silica sand deposit. All of the properties are located in Manitoba and north-western Ontario.

Gossan trades on the TSX Venture Exchange under the symbol GSS and on the Frankfurt-Freiverkehr & the Xetra Exchanges under the symbol GSR. As at November 1, 2010, there were 29,1M common shares and 31,2M shares fully diluted.