Troymet Exploration Corp.
TSX VENTURE : TYE

Troymet Exploration Corp.

September 16, 2010 08:30 ET

Troymet Identifies Possible Gold-Related Diatremes on Key Project

COMOX, BRITISH COLUMBIA--(Marketwire - Sept. 16, 2010) - Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the "Company") is pleased to update progress on its 100% owned, 7,882-hectare Key property, which is located 125 km southwest of Vanderhoof, British Columbia.

Three possible diatremes (breccia pipes?) have been identified which may be related to several of the structurally controlled, precious metal target areas the Company has identified (see News Release of September 8, 2010). Four areas of elevated to anomalous gold ± silver ± zinc values occur in this area, along with significant alteration (garnet alteration, magnetite veining and silicification) in the volcanics that cap the interpreted intrusive. The diatremes (?) are overburden covered and are located within an area of low magnetic signature, measuring approximately 130 hectares (320 acres; see map at www.troymet.com/i/maps/Key_diatremes.jpg).

Diatremes and breccia pipes are a common host for gold-silver mineralization, and have been mentioned in connection with the Blackwater bulk gold target (see Richfield Ventures Corp.'s web site). These may be an important target on the Key project.

The Company is planning further exploration, which will include diamond drilling once permits are received. Future work will likely include induced polarization (IP) geophysical surveying and till sampling. The property is readily accessible along a well developed network of established forestry roads.

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.

Contact Information

  • Troymet Exploration Corp.
    Rob Birmingham
    Investor Relations
    1-888-456-4952
    www.troymet.com