Description
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 July 2008 NI 43-101 compliant Indicated resource of 98.3 M/tonnes grading 0.064% and 30.9 M/tonnes of Inferred resource grading 0.059% Mo at a 0.030% cut off.
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Company Statement:
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 July 2008 NI 43-101 compliant Indicated resource of 98.3 M/tonnes grading 0.064% and 30.9 M/tonnes of Inferred resource grading 0.059% Mo at a 0.030% cut off.
With a Senior Management team well versed in financing and exploration, a superior technical Advisory Board and a well funded treasury, CYU is positioned to maximize the value of the Storie and other projects to create value for its shareholders.
Current Operations:
Storie Molybdenum Deposit
Columbia Yukon Explorations Inc. (CYU) acquired the rights to explore the Storie Molybdenum Deposit from Eveready Resources Corporations, a private Calgary-based exploration company by agreement dated March 20, 2006. In October 2007, CYU announced it had accelerated the payments, expenditures and share issuances under this agreement and now owns a 100% interest in the property subject to a 2.5% net smelter return. CYU’s obligations under the five year agreement were completed in less than two years. (Read More)
1506-Barr Claims, Labrador
The Company holds a 100% interest in certain mineral claim properties, which it previously staked in Labrador.
The geological and geophysical research study has determined that the mineralized horizon reflected by the resistivity on the 1506 strikes north-south. This mineralized horizon is interpreted to be the top of a large pool of layered sulphides, the bottom of which is near the western border of the property. (Read More)
Management
Chairman: Mr. Douglas L. Mason
President: Mr. Ronald A. Coombes
Chief Financial Officer - Director: Mr. Sead Hamzagic, CGA
Director: Mr. Bruce E. Morley, LLB, BComm
Director: Benjamin Ainsworth, MA, PEng
Mr. Edward Yurkowski, P. Eng. Independent Director – Audit Commitee
For more information on Columbia Yukon's management clicK HERE
Major Shareholders
Share Structure
Shares Authorized: 100,000,000
Issued & Outstanding: 40,837,368
Escrow: 11,278
Market Capitalization: $15,518,199 as of September 2nd, 2008
For more investor information click HERE
Contact Information
Corporate Offices:
2489 Bellevue Avenue
West Vancouver, British Columbia
Canada V7V 1E1
Tel: (604) 922-2030
Fax: (604) 922-2037
Email: info@waterfrontgroup.com
Corporate Information
Investor Relations
Waterfront Group
Toll free 1-888-888-9122 (Canada)
Toll free 1-888-888-9123 (USA)
Email: investor@waterfrontgroup.com
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