West Vancouver, British Columbia - April 16, 2008 - Columbia Yukon Explorations Inc. (the
"Company" or "Columbia Yukon) is pleased to report
"recheck" assay results verifying intersections greater than 0.35%
Mo for the Company's "Storie" Molybdenum Property, located 5km
south of Cassiar in Northern British Columbia.
To further confirm the accuracy of the initial high grade Molybdenum
assays, the Company requested that its independent assay lab recheck certain
assay samples again for verification. The original and the
recheck assays compare favourably to one another, the results of which are
shown on the following table:
|
Hole
Number
|
From
(metres)
|
To
(metres)
|
Mo %
(original assay)
|
Mo%
(recheck assay)
|
MoS2%
(original assay)
|
MoS2%
(recheck assay)
|
|
ST07-38
|
192
|
195
|
1.15%
|
1.18%
|
1.92%
|
1.96%
|
|
ST07-38
|
99
|
102
|
0.47%
|
0.45%
|
0.79%
|
0.74%
|
|
ST07-39
|
53
|
56
|
0.41%
|
0.39%
|
0.69%
|
0.65%
|
|
ST07-39
|
59
|
62
|
0.87%
|
0.77%
|
1.44%
|
1.28%
|
|
ST07-42
|
195
|
198
|
0.48%
|
0.46%
|
0.80%
|
0.77%
|
|
ST07-45
|
214
|
217
|
0.46%
|
0.42%
|
0.76%
|
0.69%
|
|
ST07-45
|
187
|
190
|
1.04%
|
0.96%
|
1.73%
|
1.61%
|
|
ST07-51
|
47
|
50
|
0.76%
|
0.83%
|
1.27%
|
1.38%
|
|
ST07-51
|
149
|
152
|
0.41%
|
0.42%
|
0.69%
|
0.70%
|
|
ST07-51
|
200
|
203
|
0.56%
|
0.58%
|
0.94%
|
0.96%
|
|
ST07-54
|
113
|
116
|
1.63%
|
1.56%
|
2.72%
|
2.60%
|
|
ST07-54
|
231
|
234
|
0.90%
|
0.86%
|
1.49%
|
1.44%
|
|
ST07-56
|
151
|
154
|
0.54%
|
0.54%
|
0.90%
|
0.90%
|
|
ST07-62
|
121
|
124
|
0.48%
|
0.49%
|
0.79%
|
0.81%
|
|
ST07-64
|
69
|
72
|
0.46%
|
0.48%
|
0.77%
|
0.79%
|
|
ST07-65
|
326
|
329
|
0.60%
|
0.62%
|
1.00%
|
1.03%
|
|
5T07-69
|
78
|
81
|
0.61%
|
0.62%
|
1.02%
|
1.04%
|
|
ST07-69
|
138
|
141
|
0.40%
|
0.39%
|
0.67%
|
0.66%
|
|
ST07-71
|
135
|
138
|
0.50%
|
0.52%
|
0.84%
|
0.87%
|
|
ST07-71
|
168
|
171
|
0.49%
|
0.53%
|
0.81%
|
0.88%
|
|
ST07-72
|
107
|
110
|
0.43%
|
0.42%
|
0.72%
|
0.71%
|
|
ST07-72
|
116
|
119
|
0.79%
|
0.76%
|
1.31%
|
1.27%
|
|
ST07-72
|
189
|
192
|
0.52%
|
0.56%
|
0.86%
|
0.93%
|
|
ST07-74
|
120
|
123
|
0.46%
|
0.46%
|
0.76%
|
0.76%
|
|
ST07-75
|
72
|
75
|
0.93%
|
0.93%
|
1.55%
|
1.56%
|
|
ST07-75
|
108
|
111
|
0.50%
|
0.46%
|
0.84%
|
0.77%
|
|
ST07-88
|
256
|
259
|
0.45%
|
0.46%
|
0.75%
|
0.76%
|
|
ST07-89
|
86
|
89
|
0.63%
|
0.59%
|
1.05%
|
0.98%
|
Conversion factor: 1metre = 3.28 feet
Conversion factor: 1% MoS2 = 0.5999% Mo
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.
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).
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
& CEO
The TSX Venture
Exchange has not reviewed this news release and does not accept
responsibility for the adequacy or accuracy of this release.