Business
Yukon-Nevada Gold Corp. Reviews Progress at Jerritt Canyon, Nevada
VANCOUVER, Dec. 30, 2011 /CNW/ - Yukon-Nevada Gold Corp. (TSX: YNG) (Frankfurt Xetra Excha...
About this update from Volcanic Gold Mines Inc.
[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, Dec. 30, 2011 /CNW/ - Yukon-Nevada Gold Corp. (TSX: YNG) (Frankfurt Xetra Exchange: NG6) (the \"Company\") presents an overview of the work completed at Jerritt\n Canyon since the facility reopened in 2009. Jerritt Canyon is located\n 50 miles north of Elko, Nevada and is operated by Queenstake Resources\n USA Ltd., (\"Queenstake\") a wholly owned subsidiary of the Company. This\n review covers the areas of:\n\n\nEnvironmental Compliance\n\n\nNew Tailings Facility Construction\n\n\nPlant Upgrades\n\n\nPlant Winterization\n\n\nFleet Renewal\n\n\nUnderground Mine Re-start\n\n\nOpen Pit Re-start\n\n\nExploration\n\n\nSafety\n\n\nEnvironmental compliance was achieved by the issuance of a Consent\n Decree in the fall of 2009 allowing the Company to restart its milling\n operation. Since re-starting the plant in October 2009 the roasters\n have successfully been subject to independent engineer stack testing\n for emission compliance for mercury, particulates, sulfur dioxide and\n other emissions. The results of these tests have allowed the frequency\n of the testing to be reduced by a factor of three. Other items in the\n Consent Decree are also substantially complete, with two key projects,\n the replacement of the second quench tank and the installation of the\n new ore dryer circuit, set to be finished in the shutdown commencing\n early January.  The remaining project to complete is the clean-up of\n the rock drainage areas on the property, which will be performed over\n the coming year in compliance with the requirements of the Consent\n Decree.\n\n\nA new tailings storage facility (\"TSF\") was approved for construction in\n July 2011. This facility, which is double lined, is mostly completed\n and waits commissioning in 2012. The old TSF, which has more than\n sufficient life to last until the new facility is operating, will be\n closed and reclaimed using the bonded monies already in place.\n\n\nPlant upgrades including a new digital control system will and are\n allowing for better and more continuous operation of the plant. This\n has been enhanced by restocking of the parts warehouse. As stated in\n our October 31st news release, plant winterization has been delayed by fabrication\n difficulties, but is now on track for completion before the end of\n January.\n\n\nIn parallel, the Company re-start...