March 14, 2006
Tribute Intersects the Arrow Zone - 8.8 metres (true width) Grading 4.4% Zinc, 36.7 g/t Silver
Tribute is pleased to announce a wide polymetalic intersection from the third drill-hole (GL-2006-20) of its winter 2006 drilling program on the Garnet Lake Property, Confederation Lake Belt. The hole intersected the Arrow Zone 85 metres east along strike from the pierce point of Hole GL-2006-18 (Feb 23 News Release) and 90 metres west from what was previously believed to be the most westerly high grade intersection of the zone (GL-97-07).
Assays returned an intersection of 11.2 metres from a downhole depth of 523.2 to 534.4 metres grading 4.4% Zn, 0.34% Cu, 0.39 g/t Au. 36.7 g/t Ag and 15 g/t In, with a true width of 8.8 metres. This intercept included two sub-sections grading 1.1 metres of 8.37% Zn, 1.43% Cu, 3.12% Pb, 1.65 g/t Au, 183 g/t Ag and 9.8 g/t In, and a second section of 2.85 metres of 7.9% Zn, 0.34% Cu, 0.15 g/t Au, 28 g/t Ag and 41 g/t In. The intercept lies within a wider section of 115 metres of highly altered volcanic rocks and chloritite sediment hosting Fe, Zn and Cu sulphides.
Tribute believes this to be significant, because it confirms the extension of the mineralized body 175 metres to the west, joining the mineralized intercept in Hole GL-2006-18 to the rest of the Arrow Zone. In addition, the scale and intensity of VMS style alteration and thickness of mineralization being hosted is greater than that identified in GL-2006-18. Further infill drilling is necessary to determine the significance of width and grade variations, and will be conducted during the upcoming spring/summer 06 program.
The second hole (GL-2006-19) drilled to test the up-dip extension of GL-97-07, intersected 0.6 metres of massive pyrrhotite containing less than 1% Zn at a down hole depth of 387 metres. The Arrow Zone remains open to the west and down-plunge. Drilling continues on the Arrow Zone, Garnet Lake Property, Confederation Lake Belt.
All core samples are split in half using a diamond saw and sealed in secure packages, shipped by bonded air carrier from Red Lake to ALS Chemex in Thunder Bay for preparation, and to ALS Chemex in North Vancouver for AU-AA62 assay (gold by fire assay with AA finish) and ME-MS61 47 element analysis (4 acid dissolution and ICP-MS). High analyses (>10,000ppm, 1%) for copper and zinc were submitted for ore grade AA62 analysis (4 acid dissolution with AA finish). A duplicate unknown to the laboratory is submitted for analyses per batch of ten samples. Standard QA/QC protocols were fulfilled by ALS Chemex; Tribute will submit pulp samples of the high grade samples to a second commercial laboratory for assay and analytical checks. The Confederation Lake exploration programs are under the direction of Trevor Boyd, P.Geo., Geological Consultant, Tribute Minerals, and a qualified person (QP) for the purposes of NI 43-101.
The Company currently has 54,556,910 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.
