Day 1- Session 2: Speciality Metals Outlook for Molybdenum Objective Capital Global Mining Investment Conference 2010 Stationers' Hall, City of London 28-29 September 2010 Speaker: Ron Coombes - Columbia Yukon Explorations Inc

1. day 1 - session 2: SPECIALITY METALS Outlook for Molybdenum Ron Coombes – President, Columbia Yukon Explorations Inc.

2. GLOBAL MININGINVESTMENT CONFERENCE 2010 Lead sponsors: Media partners: Other sponsors & participating organisations:

3. OUTLOOK FOR MOLYBDENUM Presented by Ronald A. Coombes, President Columbia Yukon Explorations Inc.

4. Forward-looking statement THESE PRESENTATION MATERIALS INCLUDE CERTAIN STATEMENTS WHICH MAY BE DEEMED TO BE “FORWARD LOOKING STATEMENTS” WITHIN THE MEANING OF SECTION 21E OF THE UNITED STATES SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED. ALL STATEMENTS OTHER THAN STATEMENTS OF HISTORICAL FACT, INCLUDED HEREIN ARE FORWARD-LOOKING STATEMENTS THAT INVOLVE VARIOUS RISKS AND UNCERTAINTIES. THERE CAN BE NO ASSURANCE THAT SUCH STATEMENTS WILL PROVE TO BE ACCURATE AND ACTUAL RESULTS AND FUTURE EVENTS MAY DIFFER MATERIALLY FROM THOSE FORWARD-LOOKING STATEMENTS. IMPORTANT FACTORS THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE COMPANY’S EXPECTATIONS INCLUDE (BUT ARE NOT LIMITED TO) MARKET PRICES, EXPLOITATION AND EXPLORATION SUCCESSES, CONTINUED AVAILABILITY OF CAPITAL AND FINANCING, AND GENERAL ECONOMIC, MARKET OR BUSINESS CONDITIONS. ADDITIONAL INFORMATION ON FACTORS THAT MAY AFFECT THE COMPANY’S RESULTS ARE DISCLOSED IN THE COMPANY’S DOCUMENTS FILED FROM TIME TO TIME WITH THE BRITISH COLUMBIA SECURITIES COMMISSION. THIS IS NOT TO BE CONSTRUED AS AN OFFER TO BUY OR SELL SECURITIES OF COLUMBIA YUKON EXPLORATIONS INC.

5. Overview What exactly is Molybdenum (“Moly”)? What is “Moly” used for? And why is this important in today’s economy? Supply/Demand and price projections The China factor Pure Moly Mines vs. By-product Mines The Storie Molybdenum Project

6. What exactly is Molybdenum? Molybdenum is a naturally occurring element Molybdenum has one of the highest melting points of all the elements yet its density is only 25% greater than that of iron. Molybdenum is contained in various ores, but only Molybdenite (MoS2) is used in the production of marketable molybdenum products. Molybdenum’s coefficient of thermal expansion is the lowest of the engineering materials.

7. “Moly”- A Metal For the Future Molybdenum increases the strength of alloy steels Molybdenum increases the corrosion resistance of stainless steels Alloying in iron, steel and super-alloys accounts for 80% of all Mo use A wide range of high-technology products, including catalysts, jet engines, medical equipment and semi-conductors, rely on molybdenum metal and chemicals

8. Molybdenum Supply and Demand The principal molybdenum mines are found in Canada, USA, Mexico, Peru and Chile - with the largest mines capable of moving over 50,000 tonnes of ore per day. About 20% of new molybdenum produced from mined ore is used to make molybdenum grade stainless steel. Engineering steels, tool and high speed steel, cast iron and superalloys taken together, account for an additional 60%. The remaining 20% is used in upgraded products like lubricant grade molybdenum disulfide MoS2), molybdenum chemical compounds and molybdenum metal. Ore reserves: In 2008 the ore reserve base totaled 19,000,000 tonnes (source: US Geological Survey). China has the largest reserves followed by USA and Chile.

9. Production Molybdenite can occur as the sole mineralization in an ore body, but is often associated with the sulfide minerals of other metals, notably copper. There are two classes of molybdenum mines: Primary mines – molybdenum recovery is sole objective By-product mines – recovery of copper bearing ores is prime objective and recovery of molybdenite adds value

10. Moly Supply

11. Chinese Molybdenum Trade

12. London Metal Exchange

13. Columbia Yukon Explorations Inc. The Storie Molybdenum Project

14. Company Data As at September 22, 2010

15. Reasons to Invest

16. ResearchObjective Capital - December 7, 2009 Current fair value of equity Expected value C$14.6 m Value per share C$0.38 Derisked upside potential* Our core scenario C$0.91 Our optimistic scenario C$2.54 Maximum potential C$3.26 *potential assuming projects reach permitting Company details TSX CYU.V Pinksheets CYUXF.PK Hi-Lo last 12 mos. (p) 0.48 - 0.10 Shares issued 38.8 m Fully diluted 42.5 m Market capitalization C$8.8 m Our lowered valuation is entirely the result of the dramatic and sudden drop in the price of molybdenum since our initiation note and the weakening US dollar, rather than some inherent negative change in the underlying geology of the Storie deposit. Our base-case core valuation for Columbia Yukon is lowered to C$0.38 per share from our August 2008 estimate of C$0.92 per share, but it remains substantially above the company’s recent share price of C$0.20 per share, which appears to be a reflection of the markets lingering pessimism for the resource sector in the wake of the recession, which we believe is an over-reaction. Source: Will Purcell, Research Director, Objective Capital will@objectivecapital.co.uk T +44 (0) 870-080-2965

19. July 6, 2010: Columbia Yukon announces non brokered private placement

20. June 30, 2010: Columbia Yukon acquires additional properties near its Storie Molybdenum property

21. June 3, 2010: Columbia Yukon submits draft project description to Federal &

22. Dec 2, 2009: Columbia Yukon significantly increases the exploration potential for its Storie Property moly deposit

23. Nov 27, 2009: Columbia Yukon reports on exploration work completed on its Storie Property in 2009

24. Nov 2, 2009: Columbia Yukon signs Traditional Knowledge Protocol with First Nations

25. Mar 4, 2009: Columbia Yukon releases 2009 updated NI 43-101 mineral resource estimate

26. Nov 18, 2008: SGS reports that “10 KG sample flotation tests on variability composites produced very good moly grades and recoveries in the batch testing”Charting for S&P/TSX Venture Composite Index

29. Reclassified NI 43-101 Report in Q2

30. Traditional Knowledge Protocol signed

31. SEPA negotiations begin with First Nations in Q4

32. Exploration program

33. EA Permitting Applications – Provincial and Federal

34. Completion of Traditional Knowledge Study

35. Preliminary Economic Assessment by AMEC

36. Q4 complete SEPA agreement

37. Development of an end user agreement

38. Assay reports commence and continue to Q4 2008 at the rate of approximately ten to fifteen holes a month

39. Initial Metallurgical Scoping Study from SGS (Lakefield)

40. Begin 21,000 metre drilling program

41. Reclassified NI 43-101 Report

44. Indicated Resource of 89.7 million tonnes grading 0.068% Mo at 0.035% cutoff grade

47. Reasons to Invest

48. Contact Ronald A. Coombes President Columbia Yukon Explorations Inc. Vancouver, BC Canada Tel 604 922 2030 www.columbiayukon.com

49. GLOBAL MININGINVESTMENT CONFERENCE 2010 Lead sponsors: Media partners: Other sponsors & participating organisations: