Tribute Minerals Inc.

Tribute Minerals Inc.

April 12, 2006 09:00 ET

Tribute Intersection Indicates Westward Continuation of Arrow Zone 3.12 Metres 'True Width' 6.2% Zinc, 1.17% Copper, 1.59 g/t Gold

TORONTO, ONTARIO--(CCNMatthews - April 12, 2006) - Tribute Minerals Inc. (the "Company' or "Tribute") (TSX VENTURE:TBM) is pleased to announce another significant polymetallic drill-hole intersection from its winter 2006 drilling program on the Garnet Lake Property, Confederation Lake Belt, Northwestern Ontario. Drill-hole GL-2006-21 intersected a zone of banded and stringer sphalerite with clots of chalcopyrite hosted in massive pyrrhotite which graded 4.0 metres of 6.20% Zn, 1.17% Cu, 1.59 g/t Au, 26.6 g/t Ag and 14.2 g/t In from 474.5 - 478.5 metres down-hole (3.1 metres true width). The results from GL-2006-21 extend the length of the Arrow Zone a further 125 metres west of drill-hole GL-2006-18 (previously announced intersection of 4.4 metres of 18.5 % Zn, 0.66 % Cu, 0.46 g/t Au, 25.7 /t Ag and 81.2 g/t In).

Drill-hole GL-2006-22 collared 150 metres further west of GL-2006-21 and situated as close to the shore of Garnet Lake as allowable within environmental regulations, pierced the favorable horizon hosting the Arrow Zone at too shallow a depth to properly test the extension of its projected plunge. The hole intersected the believed edge of the Arrow Zone in the form of two narrow mineralized sections of stringer and disseminated base metal sulphides grading 0.7 metres of 3.21 % Zn, 0.06% Cu, 0.05 g/t Au, 13.2 g/t Ag and 10.3 g/t In and 1.0 metre of 1.34% Zn, 0.05% Cu, 0.06 g/t Au, 15.9 g/t Ag and 5.9 g/t In.

These results indicate that the Arrow Zone remains open along its plunge to the west and continues under Garnet Lake. Assays are still pending for two holes GL-2006-23 and -24, collared 75 metres north-west and 50 metres south-west of hole GL-2006-18, respectively.

Due to the warming weather and marshy terrain in the vicinity of Garnet Lake, diamond drilling has temporarily been paused on the property to be re-started in the late spring. Re-commenced drilling in the spring will be testing targets throughout the Arrow Zone, but will focus on continuing to extend and expand the Arrow Zone down-plunge to the west using drier set-ups on the north side of Garnet Lake. The pause in drilling will also be used to conduct borehole geophysical and gyroscopic surveys on selected holes from the winter program with the purpose of better defining targets to be tested this spring and summer particularly in the vicinity of down dip and west from hole GL-2006-22.

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 10,000ppm, 1%) for copper and zinc 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. Standard QA/QC protocols were fulfilled by ALS Chemex. 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 Company currently has 54,556,910 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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