Tribute Minerals Inc.
TSX VENTURE : TBM

Tribute Minerals Inc.

November 06, 2006 13:46 ET

Tribute Announces Garnet Lake, Arrow Zone Update

TORONTO, ONTARIO--(CCNMatthews - Nov. 6, 2006) - Tribute Minerals Inc. (the 'Company' or 'Tribute') (TSX VENTURE:TBM) announces the return of the final analyses for the last two holes of its summer 2006 drill program on the Garnet Lake Property, Confederation Lake Belt, Northwestern Ontario. Results from the sampling of the previously announced three sulphide-rich mineralized zones in hole GL-2006-34 indicate values of 5.2 metres (4.8 metres true width) of 0.56% Zn, 0.15% Cu, 0.16g/t Au, 12.1g/t Ag and 2.79g/t Indium, 2.35 metres (2.2 metres true width) of 2.20% Zn, 0.39% Cu, 0.25g/t Au, 10.4g/t Ag, and 8.14g/t Indium and 2.3 metres (2.1 metres true width) of 2.11% Zn, 0.18% Cu, 0.04g/t Au, 11.7g/t Ag and 10.0g/t Indium. Analytical results from hole GL-2006-33 returned best values of 4.28% Zn, 0.10% Cu, 0.03g/t Au, 9.63g/t Ag and 5.21g/t Indium over one metre (0.86 metres true width).

The results of recently completed borehole geophysical surveys of holes GL-2006-32, 33 and 34 plus four more holes in the vicinity indicate the presence of at least two significant conductors located downdip to the west and updip from the western end of the Arrow Zone defined to-date. Assays are pending for two holes which have been drilled in the area since the commencement of the fall exploration program. Drilling is continuing on the property and is expected to last throughout November and into the winter of 2007.

Core samples were split in half using a diamond saw and sealed in secure packages, shipped by bonded 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 (greater than 10,000 ppm, 1%) for copper, zinc and (greater than 100 ppm) silver 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. 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.

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

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