TORONTO, Nov. 22, 2005 (PRIMEZONE) -- Yukon Gold Corporation, Inc. ("Yukon Gold") (OTCBB:YGDC) is pleased to announce the appointment of Mr. Chet Idziszek, B.Sc., M.Sc., FGS, to the Board of Directors.
Mr. Idziszek brings over 30 years of diverse experience in the mining industry, including his vital role in the discovery and development of the Eskay Creek deposit for which he received the "Mining Man of the Year Award" and "Prospector of the Year Award" for 1994. He also gained valuable experience serving on several Boards, including being the C.E.O., President & Director of Prime Equities International Corporation and his involvement as a Director of Arequipa Resources Ltd. which discovered the Pierina gold deposit that was subsequently acquired by Barrick Gold Corp. in mid-1996 for more than $1 billion.
Yukon Gold's Management and Directorship welcome Mr. Idziszek's appointment and are looking forward to including his many professional attributes including the utilization of his technical experience for the development of Yukon Gold's properties.
About Yukon Gold
Yukon Gold Corporation, Inc. is an active and progressive public exploration and development company trading on the NASDAQ OTCBB under the symbol "YGDC". The Company's main focus is its newly acquired VMS deposit (Marg Property) and its Mount Hinton gold and silver exploration project in the Central Yukon Territory of Canada. These properties lie within the Tombstone Gold Belt, world renowned for the discovery of major gold and base metal deposits. Within immediate proximity to the Company's Projects are a number of idle, former producing mines and drill indicated resources which Yukon Gold plans to target for acquisition. Currently, there are approximately 10.5 million of the Company's common shares outstanding.
FORWARD-LOOKING STATEMENTS: This news release contains certain "forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Except for statements of historical fact relating to the company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "plan," "expect," "project," "intend," "believe," "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other ecological data, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.