Columbia Yukon Explorations, Inc.

Published : April 08th, 2008

Documents Significantly Elevated Moly Grades Within 30 Previously Reported “High Grad

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Keywords :   Diamond | Molybdenum |
Columbia Yukon Explorations Inc.

Columbia Yukon Documents Significantly Elevated Moly Grades Within 30 Previously Reported "High Grade Zone" Drill Cores at the "Storie" Project

West Vancouver, British Columbia - April 8, 2008 - Columbia Yukon Explorations Inc. (the "Company") is very pleased to present a summary table of drill hole results from the "higher grade mineralized zone" for the Company's "Storie" Molybdenum Property, as reported in the Company's recent news releases.

This higher grade zone is approximately 200 metres by 400 metres and 150 metres thick (identified by core drilling, as the western area outlining the NI 43-101 inferred resource). Of particular note, is that the higher grade zone is currently open to the west. The Company believes that the recently discovered higher grade zone will significantly increase the grade and quality of the NI 43-101 resource.� The discovery of the higher grade zone resulted from the Company's 2007 infill drilling program which was completed on a drill hole spacing of 50 metre centres. The purpose of the infill drilling was to upgrade the resource from inferred to indicated and/or measured.� As a result, the Company is very optimistic that its upcoming 2008 drilling program (scheduled to begin in May) will further expand this higher grade zone. As well, any additional mineralization discovered to the west of the known higher grade zone may have a positive impact on further reducing the current estimated strip ratio of 1.5:1 (as reported in the current NI 43-101 resource), as �the drill target zone� is currently identified as waste rock.

A list of the holes included in the higher grade zone with assay results are as follows:

HOLE Number

FROM
(metres)

TO
(metres)

INTERVAL
(metres)

INTERVAL
(feet)*

Mo
(%)

MoS2
(%)**

DDH 79-1

189

314

125

410

0.112

0.187

Including

216

314

98

321

0.101

0.168

DDH 79-2

159

277

118

387

0.067

0.112

Including

192

277

85

279

0.074

0.123

DDH 80-14

250

449

199

653

0.094

0.157

Including

145

203

58

190

0.081

0.135

ST06 - 01

122

287

165

541

0.080

0.133

ST06 - 02

192

336

144

472

0.084

0.140

ST06 - 03

162

297

135

443

0.087

0.145

STO6 - 04

201

330

130

426

0.092

0.153

ST06 - 07

87

171

84

276

0.080

0.133

ST06 - 08

33

219

186

610

0.098

0.163

ST06 - 10

24

165

141

462

0.081

0.135

ST07 - 36

168

318

150

482

0.094

0.157

ST07 - 38

87

195

108

354

0.094

0.157

ST07 -� 40

260

446

186

610

0.075

0.125

Including

260

362

102

335

0.090

0.150

and

389

446

57

187

0.076

0.127


HOLE Number

FROM
(metres)

TO
(metres)

INTERVAL
(metres)

INTERVAL
(feet)*

Mo
(%)

MoS2
(%)**

ST07 - 45

82

319

237

777

0.106

0.177

ST07 - 50

17

288

271

889

0.070

0.117

including

83

206

123

403

0.114

0.189

ST07 - 51

35

251

216

708

0.107

0.178

including

77

251

174

571

0.112

0.187

including

146

251

105

344

0.147

0.245

ST07-54

83

302

220

722

0.133

0.222

ST07-56

34

331

297

974

0.073

0.122

including

82

331

249

817

0.081

0.135

including

151

331

150

492

0.097

0.162

ST07-60

198

388

190

623

0.084

0.140

ST07-63

207

312

105

344

0.069

0.115

and

375

398

23

75

0.086

0.143

ST07-65

202

365

163

535

0.090

0.150

ST07-69

12

270

258

846

0.083

0.138

including

12

228

216

708

0.091

0.152

and

12

201

189

620

0.098

0.163

ST07-71

5

181

176

577

0.102

0.170

ST07072

59

198

139

456

0.110

0.183

ST07-73

89

278

189

620

0.083

0.138

ST07-74

39

339

300

984

0.063

0.105

including

114

339

225

738

0.073

0.122

ST07-75

12

165

153

502

0.100

0.167

including

12

117

105

344

0.130

0.217

and

39

117

78

256

0.162

0.270

ST07-80

59

326

267

876

0.070

0.117

including

131

326

195

640

0.081

0.135

ST07-87

31

327

296

969

0.071

0.118

including

139

326

187

615

0.089

0.148

ST07-88

22

163

141

462

0.072

0.120

*conversion factor: 1 metre = 3.28 feet
** conversion factor 1% MoS2 = 0.5999 %Mo

A map of the Company's 2006 and 2007 drill hole locations for the Storie Property can be found on the Company's website (www.columbiayukon.com).

The assay results from the Company's 2007 drill program continues to increase the Company's confidence of the NI 43-101 inferred resource of 101.6 million tonnes grading 0.067%Mo (0.112 % MoS2). All of the above holes were drilled using hydraulic drills producing NQ sized core.� The core was sawn in half by a Diamond bit rock saw and half of the core was retained and stored in the core box for permanent record or later reference. The other half of the core was bagged and sent to Acme Analytical Laboratories of Vancouver, B.C. where it was crushed and pulverized.� A one-gram sample was dissolved in aqua regia and the solution was analysed for 30 elements using an inductively coupled plasma emission spectrometer.� Samples that ran greater than 300 ppm Mo were assayed using a larger sample size and greater dilution in order to be able to read the higher grade values.

The Company's planned 2008 drill program is being designed in an effort to even further expand the currently known and sizeable resource. As well, the 2008 exploration program will focus on further resource definition of the new higher grade zone.

This news release has been reviewed and approved by John Kowalchuk, P. Geo., who is acting as Qualified Person for the Company's Storie Property Molybdenum deposit 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.

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.

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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...
Nominations of Columbia Yukon Explorations, Inc.
5/6/2011Announces Advisory Board Appointment
7/17/2007Company Appoints Senior Advisors
Project news of Columbia Yukon Explorations, Inc.
3/10/2011(Storie)Acquires Additional Properties Near Its "Storie" Property Mo...
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...
3/1/2011Provides Update On Northwest Transmission Line Project
11/2/2009Signs Traditional Knowledge Protocol with First Nations
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
3/14/2008Columbia Yukon Grants Option to BHR Buffalo Head Resources o...
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
6/29/2007Closes Additional $3.0 Million Financing
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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