Galena Commences Internal Drilling on Past Producing Maria Project

Galena Capital Corp. (TSX VENTURE:FYI) (the "Company" or "Galena") is pleased to
announce the commencement of the internal drill program on its Maria project.
The Maria property is comprised of over 544 hectares and is located in the state
of Queretaro, Mexico close to the town of El Doctor. The property is held
through the Company's wholly owned Mexican subsidiary, Norma Mines SA de CV
("Norma").


The Maria property is a past producer of high grade silver and lead from the
early 1900's. As previously released in our news release dated February 29th,
2008, significant samples ranged as follows:


0.5m's length of 4.0g/t Au; 9924g/t Ag and 5.2% Pb and 3.8% Zn

1.0m's length of 1.5g/t Au; 3299g/t Ag and 0.7% Pb

0.6m's length of 7.9g/t Au; 2262g/t Ag and 1.6% Pb

1.4m's length of 2.4g/t Au; 1756g/t Ag and 1.0% Pb

1.0m's length of 1.6g/t Au; 7432g/t Ag and 2.2% Pb

A copy of the NI 43-101 on Maria, as prepared by Owen Miller, Qualified Person,
can be reviewed on the Galena website.


The drill program will take advantage of existing mine workings. Galena's
technical team has established underground drill stations to test the
significant, never tested at depth, "manto" unit from within the Socavon
crosscut. A total of 3,600 meters of drilling, comprising 30 holes has been
initiated and extension of the crosscut is planned. Also, surface drilling may
be undertaken to test the lateral extension of the "manto" unit. All
environmental permitting has been completed on the property. The program at
Maria is designed to better define the limits of the high grade silver and lead
deposit.


President of Galena Mexico, Danson Tolman, comments, "We are very pleased with
the assays reported to date at the Maria property and have started underground
diamond core drilling with contractor, World Wide Drilling. All internal pads
have been established and prepared for this exciting drill program."


Galena's exploration team is looking to delineate resources of high grade silver
and also to clearly define the source of the ore manto and/or vertical veins.
Structural analysis of the area suggests vertical structures throughout the
region. Definition of these structures and the sub-horizontal dimension of the
manto are the principal objectives.


The most current information available concerning the historical estimation of
the resources on the Maria project are taken from a report issued by the Mexican
Ministry of Economics (which can be viewed on their website at
http://www.economia.gob.mx/pics/p/p1683/Nepomuceno_Project.pdf).


In 1989, COREMI (Consejo de Recursos Minerales) estimated a total of 55,220 tons
grading 0.73 g/t Au and 592 g/t Ag within the oxidized manto. Contained within
the property workings is also 2,000 tons of stockpile grading 362 g/t Ag.
(Excerpt taken from 43-101 report by Owen D. W. Miller, March 2008).


Current exploration work is being supervised by Luc Rioux, P. Geo., designated
Qualified Person for Galena Capital Corporation, who has reviewed this press
release. The resource estimates from this report are not to be relied upon since
these reports are not compliant with NI 43-101 standards.


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.


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


ON BEHALF OF GALENA CAPITAL CORP.,

Arni Johannson, Chairman & CEO

No stock exchange, securities commission or other regulatory authority has
approved or disapproved the information contained herein. This News Release
includes certain "forward-looking statements". All statements other than
statements of historical fact, included in this release, including, without
limitation, statements regarding potential mineralization and reserves,
exploration results, and future plans and objectives of Galena Capital Corp.,
are forward-looking statements that involve various risks and uncertainties.
There can be no assurance that such statements will prove to be accurate and
actual results and future events could differ materially from those anticipated
in such statements. Important factors that could cause actual results to differ
materially from Galena Capital Corp.'s expectations are exploration risks
detailed herein and from time to time in the filings made by Galena Capital
Corp. with securities regulators.
Galena Capital Corp (TSXV:FYI)
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