CYU

Columbia Yukon Explorations Inc. (the "Company" or "Columbia Yukon") (TSX
VENTURE:CYU)(FRANKFURT:VOR) is pleased to announce that it has, subject to
regulatory approval, acquired twelve mineral claims (the "Additional Property"),
comprising 2,329 hectares adjacent to the Company's Storie Property molybdenum
deposit located near Cassiar, British Columbia.


The Additional Property has been acquired by Columbia Yukon as a potential
alternate tailings and mill site for the future development of the Company's
molybdenum project. The Additional Property is being acquired from Eveready
Resources Corporation ("Eveready") of Calgary, Alberta. The Company previously
acquired its original "Storie Property" claims from Eveready under an agreement
dated March 20, 2006. In consideration for the Additional Property, the Company
has agreed to issue 650,000 shares to Eveready, and as well, Eveready has
retained a 5% NSR on the Additional Property. Additionally, as part of the
Agreement for the acquisition of the Additional Property, the buyout of
Eveready's 2.5% NSR on the original Storie Property claims has been increased by
$1,200,000 from $4,062,000 to $5,262,000.


About Columbia Yukon Explorations Inc. 

Columbia Yukon is a Canadian mineral exploration company focused on the
development of its Storie Property molybdenum deposit situated about 6 km
southwest of Cassiar, British Columbia. The Storie Property molybdenum deposit
has an April 2009 updated NI 43-101 compliant Measured and Indicated Resource of
139.82 million tonnes grading 0.064% Mo (at a cut-off of 0.030% Mo) and 58.39
million tonnes of Inferred Resource grading 0.059% Mo (at a cut-off of 0.030%
Mo). Cassiar, British Columbia is located 15 km by road west of Highway 37 which
connects to Watson Lake, Yukon, to the north and Dease Lake and Stewart, British
Columbia, to the south. 


Columbia Yukon Explorations Inc.

Douglas L. Mason, Director (Chairman)

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