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.