Columbia Yukon Explorations Inc.: 450 Metre Step Out at Storie Deposit Hits 264 Metres of Moly!

WEST VANCOUVER, BRITISH COLUMBIA--(Marketwire - October 10, 2008) - Columbia Yukon Explorations Inc. (the "Company" or "Columbia Yukon") (TSX VENTURE:CYU)(FRANKFURT: VOR) is extremely pleased to announce a major expansion of the known mineralized zone at the Company's "Storie" property molybdenum deposit located near Cassiar in northern British Columbia. Drilling of the potential extensions to the resource (identified in the 3-D modeling completed earlier this year by Mintec, Inc.) has been successful in intersecting molybdenum mineralization up to 450 metres west of the indicated resource area with one of three additional drill holes. Drill hole ST08-110 (located 250 metres west of the known Indicated resource) intersected 342 metres grading 0.064% Mo, including 153 metres grading 0.098% Mo. Drill hole ST08-111 (located 350... [read full story]