News Stories
Press Releases

June 21, 2006

TRIBUTE RECOMMENCES DRILLING OF THE ARROW ZONE AND GRANTS STOCK OPTIONS

Tribute Minerals Inc. (the “Company” or “Tribute”) (TSXV: TBM) is pleased to announce it is recommencing drilling today on its Garnet Lake Property, Confederation Lake Belt, Northwestern Ontario. As previously mentioned, drilling will test targets throughout the property, but will focus on continuing to extend and expand the open Arrow Zone down-plunge to the west using drier set-ups on the north side of Garnet Lake. Borehole geophysical surveys have recently been completed on four holes on the property and the results are being analyzed to aid in drill targeting during the summer.

The Company also wishes to announce that it has granted 1,050,000 director stock options, 1,250,000 officer stock options and 300,000 consultant stock options all exercisable at $0.20 per share for a period of five years. These options are to vest over eighteen months.

The Company currently has 54,581,910 common shares issued and outstanding.

FOR FURTHER INFORMATION PLEASE CONTACT:
Tribute Minerals Inc.
Ian Brodie-Brown
President and C.E.O.
(416) 368-2929
(416) 601-1450 (FAX)
info@tributeminerals.com
www.tributeminerals.com

The TSX Venture Exchange has neither approved nor disapproved of the contents of this
release.

<< back

icon
International Web Development