Tribute Minerals Inc.

Tribute Minerals Inc.

January 30, 2008 07:59 ET

Goldeye Explorations & Tribute Minerals Increase Land Holdings in the James Bay Lowlands 'Ring of Fire'

TORONTO, ONTARIO--(Marketwire - Jan. 30, 2008) - Tribute Minerals Inc. ("Tribute" or the "Company") (TSX VENTURE:TBM) is pleased to announced that the Tribute and Goldeye Explorations Limited ("Goldeye") Joint Venture has increased its land holdings in the James Bay Lowlands 'Ring of Fire' region, where Noront Resources has made a significant Nickel, Copper, Gold, & Platinum Group Mineral discovery. The JV land interests have now reached 24,000 Acres.

Goldeye and Tribute are pleased to announce that they continue to expand their already significant land package in the 'Ring of Fire', most recently adding a further 16,000 acres to the previously announced 8,000 acres for a total of 24,000 acres. Staking in the area continues as the JV focuses its efforts on an area with a significant structure exhibiting a 90 degree flexure on the western end of the "Ring of Fire". Magnetic anomalies similar to that associated with the Double Eagle Ni/Cu/PGM discovery have been targeted within this flexure. The properties acquired are in the vicinity of, or contiguous with, MacDonald Mines original MacNugget property.

Further information will be forthcoming in a timely manner as the Company follows the established protocol in the region.

Blaine R. Webster, P. Geo., President and CEO of Goldeye, and William S. Hamilton, P. Geo., geological consultant, are the qualified persons as defined by National Instrument 43-101 who supervised the preparation of the technical information contained in this press release.

For further information please contact Goldeye at 905-886-2538 or Tribute at 416-368-2929.

The Company currently has 75,654,397 common shares issued and outstanding.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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