Tribute Minerals Inc.

Tribute Minerals Inc.

June 07, 2007 01:00 ET

Tribute Intersects 3 Metres of 8.63% Zinc 71.6 Grams Indium

TORONTO, ONTARIO--(Marketwire - June 7, 2007) - Tribute Minerals Inc. (the 'Company' or 'Tribute')(TSX VENTURE:TBM) is pleased to announce the completion of initial assays from its spring drilling program on its Confederation Lake Belt, Garnet Lake Property located in Northwestern Ontario.

Results have returned for the first Hole GL-2007-47, which tested the Arrow Zone 50 metres down-dip from previous Hole GL-2004-08. Hole GL-2007-47 intersected a 31 metre wide mixed chloritite-sulphide rich mineralized zone containing disseminated, stringer and semi-massive to massive, base metal sulphides. Partial analysis of the zone have returned values to date of 3.41% Zn, 0.61% Cu, 0.66 g/t Au, 11.9 g/t Ag and 40.9 g/t In over 10.6 metres (8.7 metres true width), including a high grade core of 8.63% Zn, 0.70% Cu, 1.04 g/t Au, 21.6 g/t Ag and 71.6 g/t In over 3 metres (2.5 metres true width). An additional 22 samples have been submitted for analysis from the hole, contiguous to these results. The results extend the width of the Arrow zone along strike 35 metres to the east-southeast.

Second hole GL-2007-48, testing the Arrow Zone 50 metres down dip from Hole GL-2006-39, has been completed, and an additional two batches of samples have been submitted for analysis. Drilling continues on the Garnet Property, and preparations are underway to re-start exploration with the second drill on the adjacent Copperlode Property.

Core samples were split in half using a diamond saw and sealed in secure packages, shipped by bonded carrier from Ear Falls 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 per batch of ten samples. A polymetallic standard, unknown to the laboratories, is included with each submission of 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.

Forward Looking Statements:

Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Tribute undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.

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

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