Yukon-Nevada Gold Corp. - South Hill Target Delivers at Ketza River Project, Yukon Territory

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[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, July 25, 2012 /CNW/ - Yukon-Nevada Gold Corp. (TSX: YNG) (Frankfurt Xetra Exchange: NG6) reports significant drill hole assay results from the 2011 Ketza River\n diamond drilling program.  The Company's 100% owned Ketza River Project\n is a past gold producer and is located 80km south of Ross River in the\n Yukon Territory, Canada.\n\n\nSOUTH HILL HIGHLIGHTS\n\n\nKR-11-1571 intersected 0.42 meters assaying 9.39 g/t gold\n\nKR-11-1577 intersected 2.16 meters assaying 4.41 g/t gold\n\nKR-11-1579 intersected 2.31 meters assaying 2.05 g/t gold\n\n\nThe 2011 exploration program consisted of 26 diamond drill holes\n totaling 4,402 meters targeting the four following areas: South Hill\n target (11 drill holes), the NW Target (4 drill holes), the Hoodoo Zone\n (2 drill holes), and the Penguin Zone (9 drill holes).  Only two of the\n areas at South Hill and the Penguin Zone were properly tested; the\n other two areas at the NW target and the Hoodoo Zone encountered\n difficult drilling conditions and will require additional work in the\n future to fully test.   The drilling program has been successful in\n intersecting gold mineralization from both manto-type replacement\n sulfide/oxide deposits and quartz-sulfide fissure vein and stockwork\n and/or breccia systems. Both gold deposit types contain mineralization\n that is dominated by pyrrhotite, pyrite, arsenopyrite, and trace\n chalcopyrite.\n\n\nSouth Hill Target\n\n\nThe South Hill target is located approximately 1.0 to 1.8 km southwest\n of the existing camp and 0.6 to 1.4 km southwest of the existing Tarn\n resource as seen on the drill hole map that can be viewed on the\n Company website at http://www.yukon-nevadagold.com/i/pdf/South_Hill_Penguin_Map.pdf. Drilling at the South Hill Target tested several gold-in-soil\n anomalies, areas containing sulfide-rich outcrop exposures, and\n magnetic high anomalies. Diamond drilling in 2011 on the South Hill\n Target identified two styles of mineralization including a sulphide\n bearing breccia + vein stockwork zone up to 15m in thickness and\n replacement zones up to 2.3m in thickness.  Mineralization is hosted in\n massive to silty carbonate rocks and fine grained clastic sedimentary\n rocks.  A drill hole map of the South Hill area can be viewed on the\n company website at http://www....

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