West Vancouver, British Columbia – October 15, 2007 – Columbia Yukon Explorations Inc. (the “Company” or “Columbia Yukon”) is pleased to announce the engagement and appointment of Mr. Paul Matysek, M.Sc., P. Geo., as a consultant and as a member of the Company’s Advisory Board.
“We are extremely pleased that Paul has agreed to join Columbia Yukon’s Advisory Board and to also provide his services to the Company as a consultant. We believe that Paul’s extensive corporate and mineral exploration and development background will be very beneficial to Columbia Yukon and the rapid development of its Storie Property Molybdenum Project”, said Douglas Mason, Chairman of Columbia Yukon.
“I am very pleased to be part of a company that is so strongly committed to its molybdenum project, as evidenced by the fact that Columbia Yukon currently has four drills operating on its Storie Property”, said Paul Matysek.
About Paul Matysek: Mr. Matysek is the President, CEO and co-founder of Energy Metals Corporation (NYSE Arca: EMU, TSX: EMC) and an experienced geochemist/geologist with a Bachelor of Science degree and a Masters of Science degree in Geology. Energy Metals Corporation has recently been acquired by Uranium One, a deal valued at over one billion dollars. With over 25 years of domestic and international experience, Mr. Matysek is a recognized entrepreneur specializing in developing resource-based companies from conception to production. Mr. Matysek has held senior management and/or director positions with several natural resource exploration and development companies. These have included, First Quantum Minerals, First Majestic Resources and Dundarave Resources Ltd. Mr. Matysek has been instrumental in the acquisition and development of a number of significant precious metal and base-metal properties and has been involved in raising over $200 million dollars for various exploration and development projects since 1999. He is also a member of the Association of Professional Engineers and Geoscientists of British Columbia.
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.
“Douglas L. Mason”
Douglas L. Mason, Chairman
The TSX Venture Exchange has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this release.