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Re: News Releases - Friday, April 25, 2008
Troymet's Preliminary Geological and Geophysical Observations at
McClarty Indicate Potential for Multiple Mineralized Horizons
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April 25, 2008 - Troymet Exploration Corp. (TSXV:TYE) (the "Company")
reports that preliminary geological and geophysical observations from
the 2008 exploration program at McClarty Lake project, located near
Snow Lake, Manitoba, indicate the presence of at least two mineralized
VMS horizons.
Drilling to date has intersected two laterally continuous zones of
massive sulphides hosted within felsic metavolcanic rocks. The "lower"
massive sulphide zone is base metal-rich and locally gold enriched, and
has been intersected in two fences of holes spaced 50 metres apart. The
northern fence of holes (MC08-08 and 10) intersected the zone over core
lengths of 43 to 47 metres (estimated true width of 37 to 41 metres).
Narrower widths of mineralization were encountered 50 metres to the
south in holes MC07-04 and 06; however, re-logging by Troymet's
consultant on the project, Dr. Alan Bailes, has revealed that the
mineralization in these holes is truncated by late intrusive rocks.
This "lower" sulphide zone has been intersected to a vertical depth of
250 metres and remains open at depth. An "upper" massive sulphide zone,
approximately 150 metres stratigraphically above the "lower" sulphide
unit, is base metal poor (where tested to date) but locally gold
enriched. The "upper" zone has been intersected over 0.3 to 5 metre
down hole lengths. It can be traced along strike for 300 metres and to
a vertical depth of 250 metres and is open in all directions.
The presence of at least two sulphide horizons is supported by
preliminary interpretations of the ground TEM survey, the airborne VTEM
survey and borehole pulse electromagnetic surveys conducted on several
of the 2008 drill holes. With the new knowledge that at least two
horizons are present, it is evident that several holes in the test area
were not drilled deep enough to test the westernmost zone. In addition,
the interpretation of significant off-hole anomalies from borehole
results for three of the 2008 drill holes suggests the possibility of a
separate conductive lens at depth that has not been intersected by
drilling.
Geologically, the Precambrian "basement" rocks in the McClarty Lake
area belong to the southward (Ordovician-covered) extension of the
Fourmile Island juvenile oceanic arc assemblage, which is host to two
former base metal mines (Dickstone and Spruce Point) and several
significant VMS deposits, including the newly discovered VMS Ventures
Reed Lake base metal deposit.
The McClarty Lake property displays a number of the favourable
parameters considered to be prospective for VMS exploration in the Snow
Lake district, including a large domain of felsic volcanic rocks and a
large area of hydrothermal alteration. The metamorphic mineralogy is
comparable to altered rocks associated with the VMS deposits at Snow
Lake and, in particular, those associated with the Zn-rich Chisel Lake
and Lalor Lake VMS mineralizing systems.
The presence of stringer-style sulphide mineralization and base metal
rich massive sulphide mineralization gives considerable merit to the
McClarty Lake property as an exceptional VMS exploration target. The
local presence of gold mineralization associated with sulphide zones
indicates the property also has potential as a gold exploration target.
The 2008 drill program consisted of eight holes totalling 2,390 metres.
Further results will be reported once analytical results are received
and evaluated.
The winter 2008
Diamond drilling program was managed by Equity
Engineering Ltd. of Vancouver, BC. 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 Apr 24, 2008 at 6:14:22 PM Pacific Time
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