Yukon-Nevada Gold Corp. has restarted at the SSX-Steer mine complex which is part of the Jerritt Canyon Operations located 50 miles north of Elko, Nevada. SSX is a complex of two underground mines and was placed on care and maintenance in August 2008. SSX has proven and probable reserves totaling 1,215,400 metric tons averaging 0.189 oz/mt gold containing 229,200 oz of gold. SSX will restart at an average of 300 tpd and will ramp up to 800 tpd by the end of 2011 as additional equipment is delivered to site. Ramp up to the ultimate production target of 1,200 tpd will be complete by the end of the first quarter 2012, according to Yukon Nevada.

“SSX is the second mine at Jerritt Canyon to be put back into production on schedule and on budget,” said Robert Baldock, president and CEO, Yukon Nevada. “Our next goals will be to develop Starvation Canyon underground mine and restart open-pit mining at Burns Basin.”

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