FYI Galena Capital Corp

Galena Capital Corp. (TSX VENTURE:FYI) (the "Company" or "Galena"), a Vancouver
based company listed on the TSX Venture Exchange (the "Exchange") is pleased to
announce its phase one drill program has been completed on the Maureen Project.
As previously announced the phase one program was expanded and the Company
drilled a total of approximately 4,000 meters over 8 drill holes.  The work
program went smoothly and management was encouraged with how the work program
proceeded. Initial assay results will be available within the next two weeks.


The company would further like to announce the relocation of the Maureen drill
rig and crew to the Melissa Project. Melissa is a priority one target comprising
4,900 hectares in size located in the state of Sonora, Mexico. Melissa is one of
the properties included in the portfolio of properties held by Norma Mines
Limited ("Norma Mines"), which acquisition was recently completed.


The Melissa property has historical workings on the property including a 40 foot
shaft. As part of the historical works completed by Norma Mines samples were
taken from the shaft, crushed and tested for gold content. Norma Mines
implemented a geochemical program and the results identified two anomalies which
merit follow up. The first anomaly is approximately 2,500 ft wide by 6,000 ft
long. The second anomaly is approximately 3,000 ft wide by 5,000 ft. long. The
structure can be traced for more than 8 km long. The initial 2 anomalies cover
an area of about 740 hectares of the 4,900 hectares which make up the Melissa
property. A Phase one drill program of 5,000 meters has commenced to drill test
these targets.


"The developments in today's news reflect the initiatives of our dedicated
management team in Mexico and the execution of our stated business plan; which
is to be aggressive and active on our properties. We've been able to secure
equipment and crews to meet these objectives and to provide consistent
information to the market place", states Arni Johannson, Chairman and CEO.


Galena's unique three stage business plan will help maximize shareholder value
from the portfolio of multiple projects the team has access to. In Galena's
project portfolio, properties beginning with the letter "M" are located in
Mexico and properties beginning with the letter "P" are located in Peru. For
further information please visit www.GalenaCorp.com or contact the company
directly at the contact information provided below.


ON BEHALF OF GALENA CAPITAL CORP.

ARNI JOHNANNSON, CHAIRMAN, CEO

Galena Capital Corp (TSXV:FYI)
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