FYI Galena Capital Corp

Galena Capital Corp. (TSX VENTURE:FYI) - 

- MELISSA PROJECT GEOCHEM UPDATE

- GALENA ANNOUNCES NEW CORPORATE SECRETARY

Galena Capital Corp. (the "Company" or "Galena") is pleased to announce the
Melissa project has received a favourable GeoChem Report. The Melissa property
is located 50 kilometres northwest of Hermosillo, in the state of Sonora,
Mexico. It covers an area of 4,900 hectares. Melissa is one of the properties
included in the portfolio of properties held by Norma Mines Limited ("Norma
Mines"), acquired recently.


The initial work completed on this project is the GeoChem study of three
outcropping zones identified in the area. The area is desert terrain, mostly
covered with Quaternary alluvium in sedimentary material. The three outcrops
have been mapped and sampled and our initial assays show very high arsenic
values throughout which may also correlate very well with gold anomalies. The
anomalies have been delineated and exploration work is in progress. We are
trenching areas around the outcrops to generate bulk samples to test for free
gold and do some metallurgical studies.


We have commenced diamond drilling on the northern outcrop. The initial hole
MEL-08-01 was collared in strongly hematized and locally silicified sandstones
to a depth of 88 metres after which it intercepted altered limestones to a depth
of 219 metres where it then bore through relatively fresh limestones but with
high pyrite content, locally up to 15%. Unfortunately, the hole was stopped in
that horizon. We are planning to return in that drill hole to deepen it. The
above reference to Galena work programs and all of Galena's exploration programs
are carried out under the supervision of Luc Rioux, P. Geo., the Company's
"Qualified Person" for the purposes of NI 43-101.


The company also announces that it has appointed Brenda Dayton as Corporate
Secretary.


Ms. Dayton has a Bachelor of Arts from the University of Calgary and has worked
extensively with public companies, with an emphasis on the resource sector. Ms.
Dayton has been involved with resource companies from grass roots exploration
through to feasibility stage projects. Brenda is also a Vice President of
Canadian Nexus Ventures; a Venture Capital group that focuses on public and
private equity; www.CanadianNexus.com.


"We are very pleased to have Brenda take on this role in our Company, and her
experience in the mining industry will be a significant asset for the Company,"
states Arni Johannson, Galena's CEO.


Concurrently, Darren Devine has tendered his resignation. The Company wishes to
thank Mr. Devine for his leadership and vision and wishes him well in his future
endeavors.


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.

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