Columbia Yukon Releases 2009 Updated NI 43-101 Mineral Resource Estimate Report

Columbia Yukon Explorations Inc. (the "Company" or "Columbia Yukon") (TSX
VENTURE:CYU)(FRANKFURT:VOR) is pleased to announce that it has now received the
finalized version of the Company's 2009 updated NI 43-101 Mineral Resource
Estimate Report dated April 15, 2009 for the Company's "Storie" Property
molybdenum deposit (the "2009 Updated NI 43-101 Report"). The 2009 Updated NI
43-101 Report has been prepared for the Company by Watts, Griffis & McOuat
Limited ("WGM"), Consulting Geologists and Engineers of Toronto, Ontario and
Mintec, Inc. of Tucson, Arizona ("Mintec").


A summary of the 2009 Updated NI 43-101 Report was provided by the Company in
its news release dated March 4, 2009, and as reported at that time, the current
estimated total of both Measured and Indicated Resource categories is 139.82
million tonnes grading 0.064% Mo at a cutoff of 0.030% (which represents an
increase of 42 million tonnes in these categories) and an Inferred Resource of
58.39 million tonnes grading 0.059% Mo at a cutoff of 0.030% (which represents
an increase of 27 million tonnes in this category). Further infill drilling is
required in order to potentially reclassify the Inferred Resource into a NI
43-101 Measured or Indicated Resource category.


Ronald A. Coombes, President and CEO of Columbia Yukon, stated; "the Company's
positive exploration efforts during the past three years have resulted in the
Storie Property molybdenum project becoming one of the largest primary
molybdenum deposits in Canada. Further, the Company is also pleased to point out
that the deposit remains open in three directions."


The 2009 Updated NI 43-101 Report will be filed on www.sedar.com and on the
Company's website on www.columbiayukon.com.


About Columbia Yukon Explorations Inc.:

Columbia Yukon is a Canadian mineral exploration company focused on the
development of its Storie Property molybdenum deposit. The Storie Property is
situated about 6 km southwest of Cassiar, British Columbia. Cassiar is located
15 km (by road) west of Highway 37 which provides access to Watson Lake, Yukon,
to the north and Dease Lake and Stewart, British Columbia, to the south.


Columbia Yukon Explorations Inc.

Ronald A. Coombes, President & CEO

This news release includes certain statements that may be deemed
"forward-looking statements". All statements, other than statements of
historical facts, that address such matters as future exploration, drilling,
exploration activities, potential mineralization and resources and events or
developments that the Company expects, are forward looking statements and, as
such, are subject to risks, uncertainties and other factors of which are beyond
the reasonable control of the Company. Although the Company believes the
expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance
and actual results or developments may differ materially from those in
forward-looking statements. Factors that could cause actual results to differ
materially from those in forward-looking statements include such matters as
market prices, exploitation and exploration results, continued availability of
capital and financing, and general economic, market or business conditions. Any
forward-looking statements are expressly qualified in their entirety by this
cautionary statement. The information contained herein is stated as of the
current date and subject to change after that date.

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