Columbia Yukon Explorations Inc.: Company Continues to Drill Long Intersections of Moly Mineralization at Storie Property
Columbia Yukon Explorations Inc. (the \\\"Company\\\" or \\\"Columbia Yukon\\\") (TSX VENTURE:CYU)(FRANKFURT:VOR) is pleased to announce that it is continuing to get long intersections of excellent molybdenum mineralization outside the known resource area on the Company\\\'s \\\"Storie\\\" molybdenum property deposit located in northern British Columbia.
In 2007, Columbia Yukon completed 76 drill holes (23,000 metres of core drilling). The 2007 drilling program was designed to reclassify the NI 43-101 inferred resource of 101.6 million tonnes grading 0.067% Mo to an indicated and/or measured resource. The objective of the 2008 drilling program is to test the areas to the north, south and west of the known resource area in an effort to significantly increase the size of the resource.
- Published: 25 June 2008
- Written by Editor