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Re: News Releases - Monday, September 20, 2010
Troymet's Key Area III Contains Gold-Silver-Zinc Soil Anomalies
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September 20, 2010 - Troymet Exploration Corp. (TSXV: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.
Soil sampling west of Good News Lake identified strong multi-element,
multi-station soil geochemical anomalies for gold, lead, arsenic,
silver and zinc, in the vicinity of a quartz eye rhyolite (see News
Release of April 28, 2010). The anomalies are restricted in extent and
are thought to be due to nearby, undiscovered sulphide mineralization.
The anomalies overlap the GN Fault and an area of possible diatremes
(breccia pipes?) where Troymet's 2010 prospecting program has
identified an area of coincident gold-silver-zinc mineralization (Area
III). The soil anomalies further corroborate the anomalous character of
this area and its potential to host gold-silver mineralization.
The Company is planning further exploration which will include diamond
drilling once permits are received, and is currently integrating
available information for all recognized target areas. Future work will
likely include induced polarization 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
For further information, contact:
Rob Birmingham
Investor Relations
Tel: 1-888-456-4952
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.
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Copyright (c) 2010 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 Sun Sep 19, 2010 at 5:58:23 PM Pacific Time
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Troymet Exploration Corp.
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EXPLORATION STAGE |
CODE : TYE.V |
ISIN : CA8977731071 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
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, € 404 152). 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. |