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Market: TSX
Sector: General Mining
EPIC: CYU
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Columbia Yukon Explorations
www.columbiayukon.com

Columbia Yukon Explorations is a mineral exploration company. Its most advanced property is the Storie molybdenum deposit located near the historic mining camp of Cassiar, B.C. The Storie deposit has a February 2009 NI 43-101 compliant Indicated and Measured Resource of 139.82 M/tonnes grading 0.064% and 58.39 M/tonnes of Inferred Resource grading 0.059% Mo at a 0.030% cut off.

Full Columbia Yukon Explorations profile here
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Columbia Yukon plans further drilling at Storie molybdenum deposit

18th Jun 2009, 3:30 pm
Columbia Yukon plans further drilling at Storie molybdenum deposit

Columbia Yukon Explorations Inc (TSX: CYU) said it plans further drilling at the Storie property molybdenum deposit in British Columbia this summer and has commissioned an engineering study to identify areas of interest for tailings and mill construction.

It also plans to formally enter into the Environmental Assessment (EA) process with the British Columbia Environmental Assessment Office, which will then result in the Storie property becoming a “reviewable project” under the EA regulations.

The company said it is very encouraged with the province government’s recent decision to move forward with an EA for the proposed Highway 37 power transmission line which would provide a positive impact on the development of BC’s Northwest region.

Columbia Yukon is a member in the Northwest Powerline Coalition, which was formed by a number of interest groups, to encourage the economic development of Northern British Columbia.

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