Columbia Yukon Explorations Inc.
TSX VENTURE : CYU
FRANKFURT : VOR

Columbia Yukon Explorations Inc.

June 25, 2008 11:43 ET

Columbia Yukon Explorations Inc.: Company Continues to Drill Long Intersections of Moly Mineralization at Storie Property

WEST VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 25, 2008) - Columbia Yukon Explorations Inc. (the "Company" or "Columbia Yukon") (TSX VENTURE:CYU)(FRANKFURT:VOR) is pleased to announce that it is continuing to get long intersections of excellent molybdenum mineralization outside the known resource area on the Company's "Storie" molybdenum property deposit located in northern British Columbia.

In 2007, Columbia Yukon completed 76 drill holes (23,000 metres of core drilling). The 2007 drilling program was designed to reclassify the NI 43-101 inferred resource of 101.6 million tonnes grading 0.067% Mo to an indicated and/or measured resource. The objective of the 2008 drilling program is to test the areas to the north, south and west of the known resource area in an effort to significantly increase the size of the resource.

Thus far in 2008, Columbia Yukon has completed 4 core drill holes totaling 1888 metres. Drill holes ST08-97 and ST08-98 are located 50 metres south of the resource area. In this area the newly excavated drill pads exposed an outcrop of extensive molybdenite mineralization. ST08-97 showed molybdenite mineralization from surface to 375 metres. Drill hole ST08-98 showed good mineralization from surface to 337 metres. Drill holes ST08-99 and ST08-100 are located 50 metres north and west of the known resource area. Drill hole ST08-99 intersected molybdenite mineralization from 70 to 565 metres with very intense mineralization from 120 to 526 metres. Drill hole ST08-100 intersected molybdenite mineralization from 160 to 551 metres with intense mineralization from 200 to 500 metres. Assays are pending.

This news release has been reviewed and approved by John Kowalchuk, P. Geo., who is acting as Qualified Person for the Storie Property Project in accordance with regulations under NI 43-101.

About Columbia Yukon Explorations Inc.:

Columbia Yukon is a Canadian mineral exploration company focused on the development of its Storie Molybdenum Property deposit located in northern British Columbia, 5km south of the Hwy from the former Cassiar Mine townsite.

Columbia Yukon Explorations Inc.

Ronald A. Coombes, President & CEO

The TSX Venture Exchange has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Columbia Yukon Explorations Inc.
    Mr. Clive Shallow
    (604) 922-2030
    (604) 922-2037 (FAX)
    Website: www.columbiayukon.com