Troymet Exploration Corp.

Published : August 11th, 2009

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Keywords :   Antimony | Canada | Diamond | Fort Knox | Gold | Knox | Silver |
=======================================================================
Re:   News Releases - Monday, August 10, 2009
      Troymet Updates Activities
=======================================================================

August 10, 2009 - Troymet Exploration Corp. (TSXV:TYE) ("Troymet" or
the "Company"), at the request of Investment Industry Regulatory
Organization  of Canada (IIROC), reports that it is unaware of any
material changes that would cause the current level of trading activity
in the Company's stock.

The Company is continuing its reinterpretation of the geological,
geochemical and geophysical data for the north block of its Golden
Eagle project located in northern British Columbia. The Company
believes a significant gold target is present in this area and plans a
field program later in the year. The style and areal extent of
mineralization at Golden Eagle strongly suggest an intrusion-related
gold system similar to the Pogo (Alaska), Fort Knox (Alaska) and Dublin
Gulch (Yukon) deposits of the Tintina Gold Belt. The 2008 exploration
program indicated the presence of a large intrusion-related gold system
(exposed at the Tannis zone) spanning the ~12-kilometre strike length
of the northern half of the Golden Eagle property. In the north block
the intrusive system is capped by sediments and mafic volcanics of
variable thickness that host multiple zones of
gold-silver-arsenic-antimony mineralization (e.g. Plateau, Skarn, West
Gully, Cowboy, and West Draw zones) over a  ~5 x 5 kilometre area. The
various gold zones in this area were previously investigated in
isolation but are now considered as underlying vectors toward a related
bulk-tonnage gold deposit(s). A series of compilation and
interpretative maps have recently been uploaded to the Company's
website (www.troymet.com/s/GoldenEagle.asp).

The Company anticipates that Hudson Bay Exploration and Development
Company Limited ("HBED") will conduct a Diamond drilling program on the
McClarty Lake project, Manitoba, after freeze-up. HBED is earning back
a 20% interest in the project from Troymet. After completion of the
earn-in by HBED the project will be held in a joint venture between
HBED (60%) and Troymet (40%). HBED's decision to earn back in to the
property lends strong support to management's belief that McClarty Lake
is a property of substantial merit with excellent potential to host a
precious metal rich VMS deposit(s). The sulphide mineralization and
associated alteration system at McClarty Lake is very similar to that
associated with the Chisel Lake and the newly discovered Lalor Lake
volcanogenic massive sulphide deposits of the Snow Lake area.

The Company plans a limited field program on its 100% owned Key project
in north-central British Columbia, where a VTEM survey flown in 2008
identified a number of conductors. This is a greenfield project with
little history of exploration. Given the location of the project and
the newly identified VMS targets, the Company is very optimistic for
its discovery potential.

Troymet is a junior exploration company with precious and base metal
projects located in British Columbia and Manitoba, Canada. The Company
is actively seeking partners to advance its highly prospective
properties and continues to seek new projects with high-value and
large-tonnage potential to add to its portfolio.

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
Troymet Exploration Corp.
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 "forward-looking information"
within the meaning of applicable Canadian securities legislation. All
statements, other than statements of historical fact,  included herein
may be forward-looking information.  Generally, forward-looking
information may be identified by the use of forward-looking terminology
such as "plans", "expects" or "does not expect", "proposed", "is
expected", "budgets", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate", or "believes", or variations of
such words and phrases, or by the use of words or phrases which state
that certain actions, events or results may, could, would, or might
occur or be achieved. This forward-looking information reflects the
Company's current beliefs and is based on information currently
available to the Company and on assumptions the Company believes are
reasonable. These assumptions include, but are not limited to, the
actual results of exploration projects being equivalent to or better
than estimated results in technical reports or prior exploration
results, and future costs and expenses being based on historical costs
and expenses, adjusted for inflation. Forward-looking information is
subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance or
achievements of the Company to be materially different from those
expressed or implied by such forward-looking information. Such risks
and other factors may include, but are not limited to: the early stage
development of the Company and its projects; general business,
economic, competitive, political and social uncertainties; commodity
prices; the actual results of current exploration and development or
operational activities; competition; changes in project parameters as
plans continue to be refined; accidents and other risks inherent in the
mining industry; lack of insurance; delay or failure to receive board
or regulatory approvals; changes in legislation, including
environmental legislation, affecting the Company; timing and
availability of external financing on acceptable terms; conclusions of
economic evaluations; and lack of qualified,  skilled labour or loss of
key individuals. Although the Company has attempted to identify
important factors that could cause actual results to differ materially
from those contained in forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or
intended. Accordingly, readers should not place undue reliance on
forward-looking information. 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 Mon Aug 10, 2009 at 3:12:25 PM Pacific Time
=======================================================================
.
<
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

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, € 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.

Your feedback is appreciated, please leave a comment or rate this article.
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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
1/16/2015Grants 1.35 Million Stock Options
1/16/2015Troymet Grants 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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