Galena Provides Maria Property Update

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
provide an update on the Maria Project.


The Maria property is located in Mexico in San Juan Nepomuceno, in the state of
Queretaro and comprised of 354 hectares. It was operational until the beginning
of the revolution in 1910. The property is held through the Company's wholly
owned Mexican subsidiary Norma Mines SA de CV ("Norma").


The Company's work crews have mobilized to the site and the initial phase of
work involves rehabilitation of underground workings to establish work stations
from which to conduct an underground drill program. The Company will have
installed a ventilation system within the next 10 days which will provide access
to all of the old workings and also to the old shaft.


We expect this initial phase of work to be completed within the next three
weeks. The Company called for tenders from various drill contractors and after
reviewing all quotations has awarded the contract to complete the first phase
3,600 meter drill program to World Wide Exploration S.A. DE C.V. to provide
their services. The project manager on the Maria Project is Mr. Danson Tolman,
President of Norma Mines. The drill program is anticipated to commence within
the next two weeks.


At this time, all of the tunnel geology is completed and the permit to use a
bulldozer on the superficial structure is in process. The contractors have given
us access to the lower part of the mine, which has approximately a 200 meter
incline. We are currently updating the mine plans and sampling. The
infrastructure of the property includes access to water. By the end of April, we
expect the surveying will be completed and the review of the surface area by the
biologist to obtain the environmental permits for exploration will be in place.


Initial exploration work conducted by Norma Mines' geologists included the
collection of 66 grab samples under the supervision of Danson Tolman. The
complete assay results were previously released on February 29, 2008. The
NI43-101 Property Report is now available and can be viewed on our website
www.galenacorp.com.


Galena is pleased to announce that Luc Rioux, P. Geo, of Luc Rioux Geoservices
has joined the Galena team as our corporate Qualified Person under National
Instrument 43-101. Mr. Rioux's curriculum vitae will be made available on our
website shortly.


Galena's mission statement is to aggressively build a well-financed, premiere
public company run by dedicated, experienced senior management, with projects
whereby production can withstand commodity fluctuations and therefore create a
legacy in Mexico and South America. Galena's unique three stage business plan
will help extract maximum value from the over 70 projects our team has access
to.


For further information please visit www.GalenaCorp.com or contact Galena
directly on the number below.


ON BEHALF OF THE BOARD OF DIRECTORS OF

GALENA CAPITAL CORP.,

ARNI JOHNANNSON, CHAIRMAN, CEO

Galena Capital Corp (TSXV:FYI)
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