Business
Yukon-Nevada Gold Corp. announces new board member and resignation of Chairman
Yukon-Nevada Gold Corp. announces new board member and resignation of Chairman
About this update from Monument Mining Limited
[{"type":"text","content":"\nYukon-Nevada Gold Corp. announces new board member and resignation of Chairman\n\n\n Apr. 17, 2009 (Baystreet.ca) -- VANCOUVER -- Yukon-Nevada Gold Corp. (Toronto Stock Exchange: YNG; Frankfurt Xetra Exchange: NG6) announces the appointment of Robert F. Baldock, CA(M), FCPA, FCMC to the Board of Directors and the resignation of E. Lynn Patterson as Chairman to the Board of Directors and as a Director of the Company.\n\nMr. Patterson has resigned due to health reasons and the Company would like to thank Mr. Patterson for his hard work and for his contribution to the growth of the Company. We wish him speedy recovery to full health and every success in his future endeavors. The Company is actively seeking a new Chairman and in the interim period Mr. Graham Dickson will act as Chairman as well as President and CEO. \nMr. Baldock is an experienced mining executive as well as being a qualified and experienced accountant with over 30 years of hands-on management of public and private corporations across a wide range of industries, focused on the mining industry. \nMr. Baldock is the former co-founder and Managing Director and subsequently Executive Chairman of Golconda Minerals N.L. Group of Mining Companies listed on the ASX, NASDAQ and Stuttgart Stock Exchanges. He was also President of a controlled subsidiary, Nevada Goldfields Corporation, listed on the TSX, Toronto, NASDAQ, USA and Stuttgart Stock Exchanges. Mr. Baldock's role with the Golconda Group also included the role of Managing Director of Duketon Exploration Limited, listed on the ASX. During Mr. Baldock's period of tenure he had the overall responsibility of raising the initial capital and using the raised capital and cash flow from the newly established gold operations to oversee the design, construction, commission and operation of six mineral processing plants and gold producing projects. \nHe was the founder of Monument Mining Limited a TSX-V listed near term gold producer presently building a new gold project in Malaysia expected to commence production in Q3 2009 and is a Director, President and CEO of that Company. \nYukon-Nevada Gold Corp. is a North American gold company 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 Colu...