Tribute Minerals Inc.

Tribute Minerals Inc.

May 27, 2009 09:53 ET

Tribute Minerals Begins Airborne Z-TEM Survey on James Bay Lowlands Land Holdings- Geotech Airborne Magneto Telluric at the Forefront in Airborne Technology

TORONTO, ONTARIO--(Marketwire - May 27, 2009) - Tribute Minerals Inc. (the "Company" or "Tribute") (TSX VENTURE:TBM) is pleased to report that it has retained Geotech Airborne services to fly 70,000 acres of land in the prolific James Bay Lowlands with the new Z-TEM system developed by Geotech Ltd. Work commenced May 25 and is anticipated to take up to 10 days.

Interpretation and refinement of data collected should take a further 15 days and the company hopes to begin drilling targets in the summer season, pending the completion of the outstanding flow-through offering announced on May 20th, 2009.

Tribute has generated several priority targets with the help of the Geotech V-TEM Airborne system, some of which will be re-flown with the new Z-TEM system to assist in the further development of target definition and understanding for both the company and for the industry. Tribute's mission statement has always read: "To employ the most advanced exploration technologies available to find the next world-class ore deposit in Ontario"

Tribute holds the right to purchase 100% ownership of the James Bay properties from Goldeye Explorations Ltd. as announced in a press release dated April 2, 2009 and both companies continue to work closely together to find value in the landholdings in this new and exciting area of Ontario's mineral development future.

Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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