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Re: News Releases - Monday, September 27, 2010
Troymet Receives Drill Permit for Key Project
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September 27, 2010 - Troymet Exploration Corp. (TSXV:TYE) ("Troymet" or
the "Company") is pleased to announce that it has received a permit
from the British Columbia Ministry of Energy, Mines and Petroleum
Resources to conduct
Diamond drilling on its 100% owned, 7,882-hectare
Key property, located 125 km southwest of Vanderhoof, British Columbia.
The Company has identified five areas with coincident gold-silver-zinc
mineralization and locally tungsten in prospecting samples. The
mineralization is structurally controlled and associated with pyrite
and sphalerite +/- arsenopyrite mineralization. The Company is
currently integrating available information for all recognized target
areas, and planning induced polarization (IP) surveys with follow-up
drilling. The IP surveys are designed to identify sulphide
concentrations in the target structures that may be carrying gold and
silver mineralization. The property is readily accessible along a well
developed network of established forestry roads.
Troymet believes there is a strong probability the mineralization will
continue northwards along the GN and East faults towards the adjoining
Blackwater project of Richfield Ventures Corp., where a bulk gold
deposit has been discovered (September 25, 2009 news release). As well,
there are four volcanogenic massive sulphide (VMS) targets identified
by an airborne geophysical survey. To date, there has been no
Diamonddrilling on the Key project.
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:
Robert 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 26, 2010 at 1:04:09 PM Pacific Time
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