Troymet Exploration Corp.

Published : October 21st, 2009

Completes Drilling

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Keywords :   Diamond | Fort Knox | Gold | Knox | Silver |
=======================================================================
Re:   News Releases - Wednesday, October 21, 2009
      Troymet Completes Drilling at Golden Eagle Project
=======================================================================

October 21, 2009 - Troymet Exploration Corp. (TSXV:TYE) ("Troymet" or
the "Company") is pleased to announce the completion of its fall
exploration program on the North prospect of its Golden Eagle project
in northern British Columbia. The program consisted of stream sediment
sampling, prospecting and a reconnaissance Diamond drilling program.
The Company is very pleased to have completed this program before the
onset of winter.

The five-hole (506-metre) program successfully tested four previously
un-drilled targets in the West Gully, LQ, Stibnite and Cowboy zones.
These targets were not amenable to stripping or trenching and are
widely spaced (http://www.troymet.com/s/GoldenEagle-Images.asp). A
preliminary examination of the core is highly encouraging.

LQ zone
Holes N0902 and N0903 targeted the LQ vein and intersected a wide
structural zone (+20 metres) comprising sulphide-bearing quartz veining
and breccias to a vertical depth of ~120 metres. Trace to 15% stringer
and disseminated pyrite, arsenopyrite, sphalerite, chalcopyrite,
pyrrhotite as well as semi-massive bands of pyrrhotite + chalcopyrite
are hosted in, and also cross-cut,  more than one stage of quartz
veining, suggesting multiple or episodic mineralizing events. 

Stibnite zone
Hole N0904 tested the north part of the Stibnite zone. The hole
intersected strongly tectonized feldspar porphyry and shales. The
porphyry carries 1-5% disseminated, fracture and stringer controlled
pyrite. The shales carry 1-10% disseminated and veinlet controlled
pyrite-pyrrhotite, as well as clasts of semi-massive pyrite with
reaction rims possibly representing an early volcanogenic massive
sulphide style of mineralization.

Stibnite-Cowboy zones
Hole N0905, drilled between the Stibnite and Cowboy zones, intersected
a structural zone with trace to 10% disseminated and stringer
controlled pyrite, arsenopyrite, pyrrhotite and galena, that is similar
to the structural zone at the bottom of hole N0903. These holes are
approximately 1,300 metres apart and appear to have intersected the
same structure.

West Gully zone
Hole N0901 intersected a +40 metre wide altered and sheared zone
carrying trace to 10% disseminated and veinlet controlled sulphides
with moderate to strong sericite alteration and silicification. The
sulphides comprise pyrite, arsenopyrite, stibnite, galena, sphalerite
and chalcopyrite. The zone starts at a depth of approximately 124.0
metres and continues to the end of the hole.

The 100% owned Golden Eagle project is situated at the southern end of
the Tintina Gold Belt, which contains many intrusion-related gold
deposits such as Pogo (Alaska), Fort Knox (Alaska), Dublin Gulch
(Yukon) and the recent discovery at Underworld Resources' White Gold
property near Dawson City (Yukon). The property has the potential to
host several deposit types, including bulk tonnage intrusion related
deposits with associated skarn deposits, high-grade gold-silver
vein-hosted deposits and volcanogenic massive sulphide (VMS) deposits.
Thirteen separate mineralized zones have been identified to date over
the property's 25-kilometre long extent.

Numerous zones of structurally controlled gold-silver-arsenic-antimony
mineralization and gold-in-soil anomalies occur over the ~5 x 5
kilometre area known as the North prospect. The mineralization and the
anomalies are related to two major NNW-trending structures -- the Ben
Fault and the Paddy Fault -- and to an underlying granite-related gold
system. Both structures are possible splays of the Llewellyn fault, a
major mineralizing structure in northwestern BC. The Company believes
the North prospect may host one or more bulk-tonnage gold deposits.

The 2008 drilling program is managed by Scott Casselman Geological of
Whitehorse, YK. Logging and sampling of the drill core is progress. All
samples will be analysed at the ALS Chemex laboratory in Vancouver, BC
and assay results will be released once received and compiled.

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

For further information, contact:
Shiro Rae
Investor Relations
Tel:  1-888-456-4952 or srae@troymet.com

Website: www.troymet.com

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. 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.

=======================================================================
Copyright (c) 2009 TROYMET EXPLORATION CORP. (TYE)  All rights
reserved.  For more information visit our website at
http://www.troymet.com/ or send mailto:info@troymet.com
Message sent on Tue Oct 20, 2009 at 5:45:51 PM Pacific Time
=======================================================================
.

Troymet Exploration Corp.

EXPLORATION STAGE
CODE : TYE.V
ISIN : CA8977731071
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Troymet is a silver and gold exploration company based in Canada.

Its main exploration properties are MCCLARTY LAKE, KEY, WHEATCROFT and GOLDEN EAGLE in Canada.

Troymet is listed in Canada. Its market capitalisation is CA$ 609 281 as of today (US$ 452 325, € 397 720).

Its stock quote reached its highest recent level on November 26, 2010 at CA$ 0.41, and its lowest recent point on June 28, 2019 at CA$ 0.01.

Troymet has 121 856 225 shares outstanding.

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Financings of Troymet Exploration Corp.
9/18/2013Cancels Private Placement
9/26/2011s Exploration Programs
8/19/2011Closes $1,844,850 Private Placement
7/29/2011Increases Private Placement to $1,500,000
12/8/2009Announces $500,000 Private Placement
7/9/2008Completes $1,300,000 Unit Private Placement
Project news of Troymet Exploration Corp.
3/25/2015(Key)Reports: New Gold Completes Expenditure Commitment on the Ke...
3/19/2015(Mcclarty Lake)Announces That McClarty Lake JV Identifies New VMS Targets
12/11/2013(Key)Completes Sale of Key Property
11/19/2013(Key)Signs Agreement to Sell Key Property
4/15/2013(Mcclarty Lake)Reports on the 2013 Drill Program at McClarty Lake Project
1/14/2013(Key)Reports Assays From Key Project
1/14/2013(Key)Reports Assays From Key Project
11/8/2012(Key)Completes Drilling on Key Project
10/4/2012(Key)Mobilizes Drill to the Key Project
9/18/2012(Key)Resumes Exploration & Schedules Drilling on Key Project
8/14/2012(Mcclarty Lake)& Hudbay Sign Joint Venture Agreement on McClarty Lake Proje...
7/24/2012(Key)s Progress and Expands Program at Key Gold Project
5/29/2012(Key)Initiates Exploration Program on Key Project
3/1/2012(Key)Focuses on Key Project
2/16/2012(Golden Eagle)Intersects 1.27 g/t Gold over 36.45 metres at Golden Eagle
1/12/2012(Mcclarty Lake)s Exploration Progress at McClarty Lake
11/30/2011(Golden Eagle)Completes Drilling at Golden Eagle
10/12/2011(Golden Eagle)Mobilizes Drill to Golden Eagle Project
6/13/2011(Key)Completes Phase I Exploration on Key Project
6/6/2011(Mcclarty Lake)Reports HudBay Earnback Complete on McClarty Lake Project
4/5/2011(Key)s Drill Program on Key Project
3/30/2011(Mcclarty Lake)Optionee HudBay Drilling at McClarty Lake
3/3/2011(Key)s Drill Programs at Key & McClarty Lake Projects
2/15/2011(Mcclarty Lake)Drilling at McClarty Lake
2/10/2011(Key)Drilling on Key Property
6/21/2010(Key)Confirms Regional Structures on Key Project
6/10/2010(Key)Identifies Structures on Key Project
5/20/2010(Key)Mobilizes Crews to Key Project
4/28/2010(Key)Reports Anomalous Gold at Key - Plans Summer Drill Program
4/13/2010(Key)to Drill on Key Project
3/8/2010(Mcclarty Lake)Confirms VMS Target on 100% Owned McClarty Claims
2/17/2010(Golden Eagle)Confirms New Gold Targets
1/28/2010(Mcclarty Lake)Commences Winter Program
1/14/2010(Mcclarty Lake)Winter Program
12/21/2009(Golden Eagle)Identifies 9 New Target Areas
10/2/2009(Golden Eagle)Mobilizes Drill
10/21/2009(Golden Eagle)Completes Drilling
11/6/2009(Mcclarty Lake)Plans to Drill the Mac Target
9/10/2009(Golden Eagle)Commences Exploration Program at Golden Eagle Project
6/25/2009(Golden Eagle)Updates Skarn Zone, Golden Eagle Project
6/16/2009(Golden Eagle)Targets Bulk-Tonnage Gold at Golden Eagle
2/24/2009(Golden Eagle)Confirms Intrusion Related Gold System on Golden Eagle Proje...
8/13/2008(Key)Completes Airborne VTEM Survey at the Key Project
6/13/2008(Mcclarty Lake) Hudson Bay to Earn Back Interest in Troymet's McClarty Lake...
5/15/2008(Mcclarty Lake)Reports Final Drill Results from McClarty Lake
4/25/2008(Mcclarty Lake) Preliminary Geological and Geophysical Observations at McCl...
4/9/2008(Mcclarty Lake) First McClarty Lake Holes Intersect Zinc, Copper and Gold
3/17/2008(Mcclarty Lake)Intersects Massive Sulphide Mineralization at McClarty Lake ...
3/5/2008(Mcclarty Lake) Completes VTEM Survey on McClarty Lake VMS Property
2/28/2008(Mcclarty Lake)Drilling Underway at McClarty Lake VMS Project
2/11/2008(Mcclarty Lake)Drill to McClarty Lake VMS Project
1/9/2008(Mcclarty Lake) Commence Winter Exploration Program at McClarty Lake VMS Pr...
Corporate news of Troymet Exploration Corp.
7/25/2016Troymet Identifies New Drill Targets & Expands Prospective A...
7/11/2016Troymet Starts Detailed Sampling of Gold and 3DIP Anomalies ...
6/20/2016Troymet Reports Significant 3DIP Results at Redhill
6/2/2016Troymet Completes Wildcat Drill Program
5/10/2016Troymet Commences RC Drill Program at Wildcat Project - Utah
5/10/2016Renaissance Gold Obtains Drill Permit for Wildcat Project
4/26/2016Troymet Commences Induced Polarization Survey at Redhill
4/4/2016Troymet Starts Field Program at Redhill
1/20/2016Renaissance Gold Exploration Update
1/19/2016Troymet Targets the Core Area at Wildcat
12/15/2015Troymet’s Joint Venture Partner Plans Ground Geophysics at M...
12/15/2015Troymet's Joint Venture Partner Plans Ground Geophysics at M...
11/24/2015Troymet Targets the Rattler Breccia at Wildcat
10/29/2015Troymet Identifies New Copper and Gold Soil Anomalies at Red...
10/20/2015Troymet Identifies Significant Copper and Gold Soil Anomalie...
10/7/2015Troymet Reviews Initial Drill Targets on Alpha Zone
9/16/2015Troymet Completes Redhill Field Program
8/20/2015Troymet Shareholders Approve All Matters at AGM
7/27/2015Troymet Updates Wildcat SE Target Area Progress
7/14/2015Troymet Appoints New Auditor
7/9/2015Troymet Options Redhill Project From Homegold
3/19/2015Troymet Announces That McClarty Lake JV Identifies New VMS T...
2/23/2015Troymet Options Wildcat Project from Renaissance Gold
1/16/2015Troymet Grants 1.35 Million Stock Options
1/16/2015Grants 1.35 Million Stock Options
12/8/2014Troymet Terminates Thelon Option & Provides Corporate Update
10/20/2014Troymet Reports Significant Skarn Zone Prospecting Results
8/20/2014Troymet Announces Corporate Update
7/18/2014Troymet Shareholders Approve All Matters at AGM
6/2/2014Troymet Announces Appointment of CFO
5/13/2014Troymet Announces the Resignation of Brian Cebryk as CFO of ...
4/28/2014Troymet Announces Adoption of Advance Notice By-Law
2/19/2014Provides Corporate Strategy Update
6/14/2013(Mcclarty Lake)Receives Assays from Hudbay for McClarty Lake
4/19/2013Shareholders Approve All Matters at AGM
3/25/2013Files AGM Materials and Announces AGM Matters
1/23/2013(Mcclarty Lake)s McClarty Lake Planning
7/10/2012(Golden Eagle)Files NI 43-101 Technical Report for Golden Eagle Gold Proje...
6/12/2012(Key)Files NI 43-101 Technical Report for Key Gold Project
1/19/2012(Key)Identifies Large Geochemical Soil Anomalies and Additional D...
5/9/2011(Key)Intersects Porphyry Style Mineralization on Key Project
4/11/2011(Mcclarty Lake)Identifies Extension of Discovery Horizon at McClarty Lake P...
1/25/2010Update on Status
2/23/2010Expands Geophysical Survey at McClarty
1/23/2010Completes $500,000 Financing
8/11/2009s Activities
9/4/2008Extends Tannis Zone at Golden Eagle Project
8/7/2008Commences Drilling at Golden Eagle Project
8/1/2008Provides Operational Update
1/16/2008Tax Rollover Election Reminder to Former Signet Shareholders
9/26/2007Announces Base Metal Discovery at McClarty Lake VMS Project
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