August 19, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Yukon-Nevada Gold Corp. (TSX: YNG) (OTC: YNGFF) said it has seen favorable results from its restarted and on-going 2010 drilling program at Ketza River. The Ketza River property, which is wholly-owned by Yukon-Nevada Gold, is a past gold producer located near the town of Ross River in the Yukon Territory, Canada.

According to Yukon-Nevada, the recently received assay results are from the Bluff Zone at the Ketza River Project. The Bluff Zone is an individual mineralized zone located west of the proposed Peel open-pit resource area and east of the proposed Lab-Calcite open-pit resource area.

The company said that all drill holes referenced in this news release are diamond drill holes completed from one drill rig between November 2009 and February 2010 and for which assays were recently received.

Canada-based Yukon-Nevada Gold is a gold producer in the business of discovering, developing and operating gold deposits. The company holds a portfolio of gold, silver, zinc and copper properties in the Yukon Territory and British Columbia in Canada and in Nevada in the United States.

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