June 7 , 2007
Tribute Minerals Inc. (the ‘Company’ or ‘Tribute’) is pleased to announce the completion of initial assays from its spring drilling program on its Confederation Lake Belt, Garnet Lake Property located in Northwestern Ontario.
Results have returned for the first Hole GL-2007-47, which tested the Arrow Zone 50 metres down-dip from previous Hole GL-2004-08. Hole GL-2007-47 intersected a 31 metre wide mixed chloritite-sulphide rich mineralized zone containing disseminated, stringer and semi-massive to massive, base metal sulphides. Partial analysis of the zone have returned values to date of 3.41% Zn, 0.61% Cu, 0.66 g/t Au, 11.9 g/t Ag and 40.9 g/t In over 10.6 metres (8.7 metres true width), including a high grade core of 8.63% Zn, 0.70% Cu, 1.04 g/t Au, 21.6 g/t Ag and 71.6 g/t In over 3 metres (2.5 metres true width). An additional 22 samples have been submitted for analysis from the hole, contiguous to these results. The results extend the width of the Arrow zone along strike 35 metres to the east-southeast.
Second hole GL-2007-48, testing the Arrow Zone 50 metres down dip from Hole GL-2006-39, has been completed, and an additional two batches of samples have been submitted for analysis. Drilling continues on the Garnet Property, and preparations are underway to re-start exploration with the second drill on the adjacent Copperlode Property.
Core samples were split in half using a diamond saw and sealed in secure packages, shipped by bonded carrier from Ear Falls 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 (>10,000 ppm, 1%) for copper, zinc and (>100 ppm) silver were submitted for ore grade AA62 analysis (4 acid dissolution with AA finish). A duplicate unknown to the laboratory is submitted per batch of ten samples. A polymetallic standard, unknown to the laboratories, is included with each submission of samples. ALS Chemex fulfilled standard QA/QC protocols. The Confederation Lake exploration program is under the direction of Trevor Boyd, P.Geo, Geological Consultant, Tribute, and a qualified person (QP) for the purposes of NI 43-101.
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
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