Galena International Resources Ltd.: GeothermEx Report Filed-Chaves Geothermal Prospect, Portugal

  Galena International Resources Ltd. (the "Company") (TSX VENTURE: GTO) wishes to report that it has posted, to SEDAR the independent technical report, resource evaluation of the Chaves Geothermal prospect. The report was prepared by GeothermEx, Inc. of Richmond, California.

GeothermEx, Inc., specializes exclusively in providing consulting, operational, and training in the exploration, development, assessment and valuation of geothermal energy. GeothermEx is the largest and longest-established such organization in the Western Hemisphere, and as such GeothermEx has been associated with more than 750 projects in 44 countries acting for both government agencies and private companies.

Galena is the holder of a geothermal exploration concession at and surrounding the town of Chaves, Portugal, where historic hot springs indicate the presence of geothermal resource that potentially may be exploited to generate electricity. The concession covers an approximate 200km2 area, which includes a protected zone at the historic hot springs and a few adjacent shallow wells. The area is easily accessed by major and minor roads, population density is moderate, and water is abundant and should be available for the Company's future drilling programs.

The Chaves geothermal region was extensively studied by academic/scientific interests in the early 1990's, with funding from the EU, directed towards exploration of the geothermal resource. Only a few shallow wells are present in the area and no deep drilling was done, but the studies indicate that further exploration is warranted.

The Company has a proposed exploration work program, which includes more comprehensive collection and evaluation of existing data, geophysical studies, and drilling to shallow and intermediate depths to define the subsurface temperature distribution. If warranted, further drilling of deep production diameter wells will be needed to confirm the resource.

Qualified Person

The data contained in this News Release has been reviewed and verified by, Christopher Klein a senior geochemist and geologist of GeothermEx, and is a "qualified person" for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian securities administrators.

This news release may contain forward looking statements regarding the ongoing and upcoming exploration work and expected geometry of geological formations and structures. Actual results may differ materially from those currently anticipated in such statements.

"Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release."

Contacts: Galena International Resources Ltd. Randy Turner 604.687.6644 604.687.1448 (FAX)