Columbia Yukon Explorations, Inc.

Published : October 01st, 2007

Additional Storie Property Moly Assays Received

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Columbia Yukon Explorations Inc.

Additional Storie Property Moly Assays Received

West Vancouver, British Columbia - Columbia Yukon Explorations Inc. (the "Company") is pleased to announce that it has received additional assay results for a further seven holes in its ongoing 2007 drill program on the Company's "Storie" Molybdenum Property located in northern British Columbia. The Storie Property lies south of the former Cassiar Mine townsite.  The property is accessible by paved highway to Cassiar and then 5 kilometres of all weather gravel road.

As part of its 2007 drilling program, the Company has thus far completed 50 drill holes (17,000 metres of core drilling). The Company reported assay results for its first group of nine drill holes in its news release dated September 11, 2007 and will continue to report assay results as they are received. At this time the Company is pleased to report assay results for the second group of seven drill holes, which results are summarized as follows:

HOLE Number

FROM
(metres)

TO
(metres)

INTERVAL
(metres)

INTERVAL
(feet)*

MoS2
(%)

ST07-30

57

126

69

226.3

0.088

ST07-31

36

  90

54

177.1

0.180

ST07-32

  0

  71

71

232.9

0.067

ST07-33

51

  60

  9

  29.5

0.238

and

     219

240

21

  68.9

0.067

ST07-34

       15

 54

39

127.9

0.070

ST07-35

       21

 57

36

118.1

0.055

ST07-41

       23

       101

78

255.8

0.125

and

     21.5

     224.5

  6

  19.7

0.143

and

     241

     257.5

        16.5

  54.1

0.090


*conversion factor: 1 metre = 3.28 feet

Except for drill hole ST07-41, all of the drill holes are east and south of the initial resources area, and therefore, were not used in the calculation of the NI 43-101 Mineral Resource estimate prepared by Watts, Griffis & McOuat Ltd., Consulting Geologists and Engineers of Toronto, Ontario (see the Company's news release dated July 5, 2007).

Also, in an attempt to evaluate the loss of molybdenite in the core splitting process, the Company twinned hole ST06-20 with hole ST07-41. Hole ST07-41 was not split and the whole core was sent to the laboratory; whereas, hole ST06-20 was cut in half with a saw and half of the core was sent to the laboratory for assay analysis. The following comparison of the assay results of the two holes shows significantly higher MoS2 contained in the core that was not split (Hole ST07-41):

HOLE Number

FROM
(metres)

TO
(metres)

INTERVAL
(metres)

INTERVAL
(feet)*

MoS2
(%)

ST06-20

27

114

87

285.4

0.093

ST07-41

23

101

78

255.8

0.125



Previously reported 2007 drill hole results are as follows:

HOLE
Number

FROM
(metres)

TO
(metres)

INTERVAL
(metres)

INTERVAL
(feet)

MoS2 (%)

ST07-21

  17

  92

75

246.0

0.080

ST07-22

139

214

75

246.0

0.080

ST07-23

231

273

42

137.8

0.085

ST07-24

267

300

33

108.2

0.052

ST07-25

134

167

33

108.2

0.020

ST07-26

187

265

78

255.8

0.072

ST07-27

110

190

80

262.4

0.082

ST07-28

171

228

57

187.0

0.058

ST07-29

  66

123

57

187.0

0.100

The Company currently has four drills operating on the Property which are drilling infill holes within the initial resource area for the purpose of upgrading the current inferred resource to an indicated and measured resource. When the infill drilling is completed, the drills will continue testing the east and west extensions to the initial resource area.

The Company currently has a geophysical crew on the Property completing an Induced Polarization ("IP") Survey.  The IP survey is intended to locate the position of other mineralizing structures similar to the Crone Fault. The primary structure to be tested will be the X-Fault, which is to the south of the Crone Fault.

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.
For further information, contact Mr. Clive Shallow, investor communications at 604-922-2030 or visit the Company's website at www.columbiayukon.com ..

Columbia Yukon Explorations Inc.

"Ronald A. Coombes"
_________________________________
Ronald A. Coombes, President

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

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Columbia Yukon Explorations, Inc.

DEVELOPMENT STAGE
CODE : CYU.V
ISIN : CA1986583047
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Columbia Yukon is a gold and cobalt development stage company based in Canada.

Columbia Yukon develops gold, cobalt and molybdenum in Canada, and holds various exploration projects in Canada.

Its main asset in development is STORIE in Canada and its main exploration properties are BARR / 1506 CLAIMS, VBE 2 CLAIMS, VBE 1 CLAIMS and BARNES CREEK in Canada.

Columbia Yukon is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 8.0 millions as of today (US$ 7.2 millions, € 5.6 millions).

Its stock quote reached its highest recent level on January 15, 2010 at CA$ 3.20, and its lowest recent point on December 20, 2013 at CA$ 0.01.

Columbia Yukon has 72 800 000 shares outstanding.

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Annual reports of Columbia Yukon Explorations, Inc.
2008 Annual report
2007 Annual report
2006 Annual report
Option Grants of Columbia Yukon Explorations, Inc.
9/24/2007Announces Annual General Meeting Results and the Granting of...
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5/6/2011Announces Advisory Board Appointment
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Project news of Columbia Yukon Explorations, Inc.
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1/21/2009(Storie)Infill Drilling At Storie Deposit Intersects 210 Metres Grad...
4/16/2008(Storie) Reports Verification of High Grade Moly Assays for Storie P...
4/8/2008(Storie)Documents Significantly Elevated Moly Grades Within 30 Previ...
3/17/2008(Storie)Releases Results from 6 Drill Holes from the 2007 Drill Prog...
3/10/2008(Storie)Higher Grade Moly Mineralized Zone is Expanding at Storie Pr...
3/3/2008(Storie)Continues to Intersect Higher Grade Moly Mineralization at S...
2/20/2008(Storie) Contracts for Four Drill Rigs for its Storie Property
2/13/2008(Storie)Corrects Previous News Release
2/12/2008(Storie)Continues to Intersect Higher Moly Mineralization at Storie ...
1/30/2008(Storie)Continues to Intersect High Grade Moly Mineralization at Sto...
1/23/2008(Storie)Leases Entire Camp Facility in Cassiar for its Storie Proper...
1/17/2008Discovers New High Grade Moly Zone in Multiple Drill Holes I...
1/7/2008(Storie)Intersects 777 feet averaging 0.177% Moly at Storie Property
11/17/2007(Storie)Company Intersects 482 Feet Averaging 0.153 MoS2 At Storie P...
10/1/2007(Storie)Additional Storie Property Moly Assays Received
9/7/2007(Storie)Additional Significant Moly Assays Received
8/22/2007(Storie)Announces Fourth Drill for Storie Property
7/31/2007(Storie) Announces Drill Program Update for Storie Property
7/5/2007(Storie)NI 43-101 Report Validates Historical Resource
6/11/2007(Storie)Commences Core Drilling Program and Increases 2007 Drill Pro...
Corporate news of Columbia Yukon Explorations, Inc.
7/19/2011(Storie)AMEC Starts Preliminary Economic Assessment of Columbia Yuko...
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2/3/2009Provides Company Update
1/14/2009150 Metre Step Out At Storie Deposit Hits 144 metres Grading...
4/23/2008 Retains Com-Advice AG to Provide Investor Relations Service...
4/18/2008 Provides Share Purchase Warrant Update
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2/21/2008BTV-Business Television
2/7/2008Explorations' Perspectives
1/28/2008Perspectives
1/22/2008 Initiates Factual Stock Report Coverage on Columbia Yukon
11/23/2007 Perspectives
11/14/2007Signs Memorandum of Understanding with the Dease River India...
11/7/2007 Retains Kaplan Associates to Provide Investor Relations Ser...
9/12/2007 Corrects Previous News Release
9/4/2007’s Investments are Not Exposed to Subprime Market Risk
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6/19/2007Closes $3.0 Million Financing
6/15/2007Announces Additional $3 Million Financing
5/15/2007Closes Additional $2.75 Million Financing
4/13/2007Commences Drilling on Holmes Lake Target
3/13/2007Storie Molybdenum Deposit
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