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Re: News Releases - Monday, February 11, 2008
Troymet Mobilizes Drill to McClarty Lake VMS Project
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February 11, 2008 -- Troymet Exploration Corp. (TSXV:TYE) (the
"Company") is pleased to announce the mobilization of a
Diamond drill
to its McClarty Lake project, located 47 kilometres southwest of Snow
Lake, Manitoba. Field preparation is underway for a 3000-metre drilling
campaign scheduled to commence on February 15, 2008.
The Company has contracted Dr. Alan Bailes, formerly Chief Geologist of
the Precambrian Mapping Division, Manitoba Geological Survey, to assist
with the drilling program. Dr. Bailes is an expert on the geology and
volcanogenic massive sulphide (VMS) deposits of the Flin Flon -- Snow
Lake Belt and will be invaluable in gaining an understanding of the
geological setting and controls to mineralization on the McClarty Lake
project.
This program follows up on the 2007 discovery of zinc + copper
mineralization within a semi- to massive sulphide horizon that has been
intersected over a 425-metre strike at vertical depths of 100 to 250
metres (Reference: Sept. 26, 2007 news release). Up to 8.3% zinc over
0.5 metres was returned from the second hole of the program, within a
7.45-metre intersection that returned 2.94% zinc and 0.17% copper.
Approximately 225 metres to the north, previous drilling intersected
precious metal mineralization and anomalous base metal values,
returning up to 4.17 g/t gold and 8.48 g/t silver over 4.0 metres. The
225-metre strike length between these holes remains untested and the
massive sulphide horizon remains open along strike and to depth.
The 2008 program will focus on stepping out along the strike and depth
extension on the known zinc-copper mineralization, testing along
225-metre gap and further testing of the gold-rich portion of the
mineralized horizon.
The discovery of zinc + copper VMS mineralization at McClarty Lake
represents a new discovery in a significantly under-explored area. The
property is located approximately 24 kilometres southeast of the VMS
Ventures' Reed Lake discovery and approximately 45 kilometres
south-southeast of HudBay Minerals' Lalor Lake discovery.
The VMS horizon at McClarty is associated with a minimum 600-metre
long, north-trending electromagnetic (EM) conductor. A detailed
airborne VTEM survey is being flown over the entire property to fully
define the extent of the conductor system and to test for the presence
of other conductors which may also have associated VMS mineralization.
The McClarty Lake property comprises five contiguous mineral claims
totalling 596 hectares. Troymet owns 100% of three of the claims staked
in 2000 and holds an option to obtain a 60% interest in two claims (252
hectares) from Hudson Bay Exploration and Development (HBED).
Tracy Hurley, PGeo, Vice President, Exploration and qualified person as
defined by National Instrument 43-101 is responsible for the technical
information provided in this release.
For further information, contact:
Tracy Hurley (250) 468-5557; th@troymet.com
Kieran Downes (250) 729-0453; kd@troymet.com
Website: www.troymet.com
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release. Statements in this press release
may contain forward-looking statements. Except for statements of
historical fact, all statements in this press release - including,
without limitation, statements regarding future plans and objectives of
the Company - 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.
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Copyright (c) 2008 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 Thu Feb 7, 2008 at 9:52:11 AM Pacific Time
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