Troymet Exploration Corp.
TSX VENTURE : TYE

Troymet Exploration Corp.

January 24, 2011 08:30 ET

Troymet Announces Mobilization of Drills & Geophysical Crews

COMOX, BRITISH COLUMBIA--(Marketwire - Jan. 24, 2011) - Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the "Company") reports that drills are mobilizing to its 100%-owned Key and McClarty lake projects to commence the winter drilling programs. It is anticipated that HudBay Minerals Inc. will commence its diamond drilling program on the option claims (Troymet 60%) of the McClarty Lake project, in February.

The induced polarization ("IP") survey on the Crag grid (Key project) identified large anomalies associated with gold and silver in outcrop samples (News Release of January 17, 2011). As a result of these successes, Troymet is expanding the IP survey. Geophysical crews will mobilize to site in early February to commence the expanded survey, which is expected to generate new drill targets in addition to those already recognized.

Troymet is also planning specialized geochemical surveys in summer 2011, in areas of the property where glacial deposits impede surface prospecting and mapping. Drill targets in these areas will be drilled in summer 2011.

Troymet is well financed and holds an exciting portfolio of precious metals and base metals exploration properties, all of which it plans to drill in 2011.

Tracy Hurley, P.Geo., Vice President, Exploration and qualified person as defined by National Instrument 43-101 is responsible for the technical information provided in this release.

TROYMET EXPLORATION CORP.

Kieran Downes, Ph.D., P.Geo., President, CEO & Director

This press release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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