Standard & Poor's Initiates Factual Stock Report Coverage on Columbia Yukon Explorations...

Standard & Poor's Initiates Factual Stock Report Coverage on Columbia Yukon Explorations Inc.

NEW YORK--(Business Wire)--Standard & Poor's announced today that it has commenced Factual
Stock Report coverage on Columbia Yukon Explorations Inc.

Columbia Yukon Explorations Inc. (TXV: CYU; OTCPK: CYUXF), in the
exploration stage as of July 31, 2007, engages in the acquisition and
exploration of mineral properties in Canada. The company's main focus
is exploration of polymetallic properties, and it is pursuing an
active program of acquisition and exploration in the province of
British Columbia. In particular, Columbia Yukon is focused on the
exploration and development of its Storie Molybdenum property in
northern British Columbia. The company also holds interests in
properties in the province of Newfoundland and Labrador.

The Storie property is located near the historical mining camp of
Cassiar and is approximately five kilometers away from a paved road.
Under the terms of an option agreement, the company was granted the
right to earn a 100% interest in the Storie property, which is located
in the Liard Mining Division in British Columbia, by spending a total
of Canadian Dollar (C$) 4,000,000 in exploration expenditures over
five years, issuing a total of 600,000 common shares over five years,
and making cash payments in the amount of C$1,150,000 over five years.
In October 2007, Columbia Yukon announced that it had accelerated the
option payments and share issuances under the option agreement and as
a result had earned a 100% interest in the Storie property (subject to
a 2.5% NSR).

This report will also be accessible on an ongoing basis to the
investment community ---- scores of buy-side institutions and
sell-side firms that utilize S&P research and information platforms
daily. Millions of self-directed investors also have access to the
report via their e-brokerage accounts.

About Standard & Poor's Factual Stock Reports

This Standard & Poor's service provides factual research coverage
enabling information about Columbia Yukon Explorations Inc. and other
securities to reach a wide investor audience of Buy and Sell-side
investors, helping them understand a company's fundamentals and
business prospects. Currently profiling over 1,000 issuers, S&P
Factual Stock Reports increase market awareness for issuers in the
investment community with insightful commentary and key
statistics/information. Updated weekly with the latest pricing,
trading volume, and other data, the reports include recent
developments, a financial review, key operating information, Industry
and peer comparisons, institutional holdings analysis, Street
Consensus and opinions, performance charts, business summary,
fundamental data, and news. Because coverage of these reports is
sponsored by the issuer, S&P does not offer investment opinions
concerning the advisability of investing in these stocks.

Standard & Poor's Factual Stock Reports are produced separately
from any other analytic activity of Standard & Poor's. Standard &
Poor's Factual Report research has no access to non-public information
received by other units of Standard & Poor's. Standard & Poor's does
not trade on its own account.

Note: All U.S. and Canadian Companies listed on a National
Exchange (not covered by S&P's STARS research) are eligible to obtain
this coverage.

About Standard & Poor's

Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:
MHP), is the world's foremost provider of financial market
intelligence, including independent credit ratings, indices, risk
evaluation, investment research and data. With approximately 7,500
employees, including wholly owned affiliates, located in 21 countries,
Standard & Poor's is an essential part of the world's financial
infrastructure and has played a leading role for more than 140 years
in providing investors with the independent benchmarks they need to
feel more confident about their investment and financial decisions.
For more information, visit http://www.standardandpoors.com.

Columbia Yukon Explorations Inc.
Clive Shallow, 604-922-2030
cshallow@waterfrontgroup.com
or
Standard & Poor's
Customer:
Richard Albanese, 212-438-3647
richard_albanese@standardandpoors.com
or
Media Relations:
Michael Privitera, 212-438-6679
michael_privitera@standardandpoors.com

Copyright Business Wire 2008