USA OTCBB NEWS, November 5, 2009: Again another buoyant session
showing increasing volume of shares traded for MYNG up 22% yesterday.
Golden Eagle has good chances of winning the lawsuit for up to $40
million placed against the current owners of the Jerritt Canyon gold
mill, Yukon Nevada Gold (TSX:YNG) and Queenstake Resources USA.

The lawsuit is in effect in the State of Nevada for misappropriation
of gold sales from toll refining for Newmont, deceit and deceptive
business with multiple vendors, and the omission to disclose their
true financial situation that results in owing more than $12 million
in vendor debt, and has resulted in the termination of 435 employees
during August 2008.

The claim concludes that Queenstake USA and Yukon no longer have any
credit or respectability among the vendors, suppliers, consultants,
former employees or contractors in Nevada and would therefore have to
rely on Golden Eagle’s clean slate in northern Nevada to incur
additional debt and commitments on which they would default.
Queenstake USA that had so damaged the reputation of Jerritt Canyon by
not paying suppliers and vendors that Golden Eagle had to repair
relationships and make extraordinary arrangements for coal, soda ash,
propane and other critical supplies that were fundamental to the
mill’s functioning.