West Vancouver, British Columbia – June 4, 2008 – Columbia Yukon Explorations Inc. (the “Company” or “Columbia Yukon”) is pleased to report that core drilling is proceeding on schedule at the Company’s Storie molybdenum deposit. As previously reported, the Company plans to core drill up to 40,000 metres as part of its 2008 drilling program.
To date, core drill hole ST08-97 has been completed and drill hole ST08-98 is now underway. Drilling and assay results will be announced as soon as they are received. Also, during drill pad construction, an outcrop containing significant molybdenite mineralization was discovered. Pictures of the outcrop discovery can be viewed on the Company’s website photo gallery at 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 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.