West Vancouver, British Columbia – June 2, 2008 – Columbia Yukon Explorations Inc. (the “Company” or “Columbia Yukon”) wishes to report that, in accordance with the terms of the Company’s stock option plan, Columbia Yukon has granted 470,000 stock options to certain directors, officers, employees and consultants at an exercise price of $0.50 per share for a term of 5 years.
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.