Yukon-Nevada Gold Corp. (TSX: YNG) (Frankfurt Xetra Exchange: NG6) (the Company) is pleased to announce that the Company will host a webcast to discuss its third quarter results and plans for the remainder of the 2011 calendar year. The webcast will be broadcast on Wednesday, November 16, 2011 at 9:00am PST / 12:00pm EST. Hosting the webcast will be Shaun Heinrichs, CFO and Richard Moritz, Senior Director, Institutional Investor Relations.

To access the webcast, please visit:

Event URL: http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=3741540

French Event URL: http://www.cnw.ca/fr/webcast/viewEvent.cgi?eventID=3741540

Questions will be taken effective immediately. The Company will make every effort to answer questions received in advance of the webcast and questions received after the webcast will be addressed by the Investor Relations team in a timely fashion. Please email in questions to the following address: yngir@yngc.ca

Yukon-Nevada Gold Corp. is a North American gold producer 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 Columbia in Canada and in Nevada in the United States.

The Company's focus has been on the acquisition and development of late stage development and operating properties with gold as the primary target. Continued growth will occur by increasing or initiating production from the Company's existing properties.