Tribune Uranium Corp.

Tribune Uranium Corp.

November 13, 2007 19:35 ET

Tribune Uranium Plans Reed Lake Exploration Program

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 13, 2007) - Tribune Uranium Corp. (TSX VENTURE:TCB)(FRANKFURT:S8QA) (the "Company") ("Tribune") has began preliminary work to initiate the Company's 2008 exploration and drill program on its 100-per-cent held Quartz Claims, in the Reed Lake Mining District of Manitoba. The Quartz Claims are located near the recent VMS Ventures Inc. discovery hole grading 11.19% Cu over 10.50 meters.

Director, Edward Kruchkowski, P. Geo, will oversee the development and implementation of a comprehensive exploration program, to verify historical drilling and to test previously un-drilled EM conductor bodies within the Quartz Claims.

In preparation for the 2008 exploration program, scheduled to begin in January 2008, Tribune's exploration team has met to review historical data on the Quartz Claims and have determined multiple high priority targets to be tested. A drill company has been contacted and a drill has been reserved for the duration of the 2008 program. Applications for drill permits have been completed and submitted to the Manitoba, Ministry of Mines.

Quartz Claims

The Quartz Claims are located northeast of Snow Lake Manitoba and cover a 4800 foot long electromagnetic conductor which is interpreted to lie in a fold axis. Previous drilling in the 1980's by Hudbay Minerals intersected significant gold mineralization and alternation mineralization that is commonly associated with volcanogenic massive sulphides. Highlights from historical drilling along the eastern end of the conductor included 0.64 oz/t Au over 4.2 feet and 0.43 oz/t Au over 4.5 feet. The western end of the conductor contains two EM conductor bodies which have not been previously drilled. Management believes that these two conductor bodies have the potential to host significant gold mineralization and are currently developing a drill program to test these targets in the 1st quarter of 2008.

North Shore Property - Athabasca Basin

Tribune Uranium and Fission Energy have initiated their 2007 Joint Venture exploration program at the North Shore Property, located immediately north of Lake Athabasca, in northeastern Alberta. The program will include additional geological mapping, geochemical sampling and geophysical surveys. A targeted airborne radiometric survey and a drill program designed to test priority targets are also planned for this program. Results for this program will be release as they are received.

Botham Lake Claims - Athabasca Basin

Exploration on the Botham Lake prospect is currently in progress. The program consists of an aggregate of 4000 meters of drilling over four anomalies. The drill program is expected to be completed by year end 2007, with associated mobilization and demobilization cost estimated to be $1.3 million. The costs of the program will be paid by Tribune Uranium Corp. as part of our 2007 and 2008 $3 million expenditure obligation under the Option Agreement. Results from this program will be release as they are received.

Corporate Update

Tribune is also pleased to announce the appointment of Andrew W. Bowering, to the board of Directors. Mr. Bowering is a corporate administrator with 17 years experience in the financing and management of exploration, development and start-up companies. Has held senior executive positions and directorships in numerous public companies involved in mineral exploration in Canada, the United States, Mexico and China. Currently, Mr. Bowering is the CFO and Director of ATW Venture Corp and Director of Pinnacle Mines. Mr. Bowering has an in-depth knowledge of securities markets, regulatory affairs and investor/public relations. He obtained his BA in Economics and Political Science from the University of British Columbia, Canada in 1986.

Brock Smeaton has resigned as Director. The Company would like to thank him for his contributions and wish him all the best in future endeavors.

The Company also announces that it has granted a total of 350,000 incentive stock options (the "Options") to certain directors, officers, employees and consultants. The Options have a term of five (5) years and are exercisable at a price of $0.83.

"Tribune is excited to begin planning the company's 2008 exploration program for the Quartz Claims in the Reed Lake Mining District of Manitoba. Management believes that two conductor bodies found on the Quartz Claims have the potential to host significant gold mineralization," states Graham Harris, chief executive officer and chairman of Tribune Uranium Corp.

Tribune Uranium Corp. is a Canadian exploration company committed to the strategic acquisition of drill ready projects. Led by an experienced management team, the Company plans to aggressively explore its current portfolio of highly prospective properties. The Company headquarters are in Vancouver, BC and shares are traded on the TSX Venture Exchange (TCB) and the Frankfurt Exchange (S8QA).


Graham Harris, Chairman and CEO

Forward-looking statements:

"This news release may contain forward -looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements."

The TSX Venture has not reviewed and does not accept responsibility for the adequacy or accuracy of this News Release.

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