Columbia Yukon Explorations, Inc.

Published : March 13th, 2007

Storie Molybdenum Deposit

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Canada | Molybdenum |
Columbia Yukon Explorations Inc.

"Storie Molybdenum Deposit"
Two Drills for 20,000 Metre Expansion Program 

March 13, 2007

West Vancouver, British Columbia - March 13, 2007 - Columbia Yukon Explorations Inc. (the "Company") is pleased to announce that a contract has been awarded to DJ Drilling located at Watson Lake, British Columbia. DJ Drilling has agreed to supply two drill rigs to drill a minimum 10,000 to 20,000 metres as previously budgeted and reported. The Storie property lies south of the former Cassiar Mine townsite and is accessible by paved highway to Cassiar and then five kilometers of all weather gravel road.

For 2007, core drilling is intended to provide additional confirmation of the resource with infill drilling, and to test the potential increase of the size of the resource with exploration along strike and in parallel targets which is scheduled to start in late spring. Also, prior to completing a pre-feasibility study, the Company plans to take a bulk sample for preliminary metallurgical testing. An IP geophysical is planned to identify drill targets in other potential new zones.

The historical resource estimate for the Storie Property molybdenum deposit is 100,500,000 tonnes @ 0.077% Mo or 0.129% MoS2. The resource calculated by Shell Canada Resources Ltd. ("Shell") in 1981 is a historical resource and does not meet National Instrument 43-101 standards and as such can not be relied upon. The Company's Qualified Person, John Kowalchuk, P. Geo., has not reviewed the calculation for the historical resource; however, believes that it has been calculated by competent engineers to the standards of the period. The historical resource estimate was based on 86 drill holes, covering an approximate 1000-metre (3,280 feet) strike length, over a 300-400 metre (980-1,310 feet) width and to a vertical depth of 150 metres (492 feet).

As recently announced, the Company has retained Watts, Griffis and McOuat, Geological Engineering Consultants, to construct a deposit model and to calculate an NI 43-101 compatible resource for the Storie property. Following the resource calculation, Watts, Griffis and McOuat have also been engaged to complete a scoping study for the Storie project. The scoping study will help guide the Company's exploration of the Storie project towards full feasibility. The scoping study is scheduled to be completed by April/May 2007.

John Kowalchuk, P. Geo., has reviewed this release and is the Qualified Person for the Storie molybdenum property project.

For further information, contact Mr. Clive Shallow, investor communication, at 604-922-2030.

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.

 

- Click here to be removed from the list -
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Columbia Yukon Explorations, Inc.

DEVELOPMENT STAGE
CODE : CYU.V
ISIN : CA1986583047
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

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.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
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
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (CYU.V)FRANKFURT (VOR.F)
0.110+0.00%0.009-10.00%
TSX-V
CA$ 0.110
09/23 15:50 -
0%
Prev close Open
0.110 0.110
Low High
0.110 0.110
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.110 -%
Volume 1 month var.
43,350 -%
24hGold TrendPower© : -15
Produces
Develops Molybdenum
Explores for Cobalt - Copper - Nickel - Silver
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 3/11/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.75+0.52%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 10.92-1.71%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.55+0.00%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06-8.33%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.38-3.64%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.32+0.46%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24-2.08%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.77-1.12%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.10-0.89%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :