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Re: News Releases - Wednesday, March 05, 2008
Troymet Completes VTEM Survey on McClarty Lake VMS Property
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March 5, 2008 - Troymet Exploration Corp. (TSXV:TYE) (the "Company") is
pleased to announce the completion of the detailed helicopter-borne
VTEM survey over its McClarty Lake property, located 47 kilometres
southwest of Snow Lake, Manitoba. The VTEM survey, completed by GEOTECH
Ltd., was flown to better define the extent of the +600-metre long
conductor system associated with the VMS mineralization discovered in
2007 (Reference: Sept. 26, 2007 news release), and to test for the
presence of other conductors which may also have associated VMS
mineralization.
The 3,000-metre program drilling program currently underway to
delineate the McClarty VMS discovery will also test any new targets
identified by the VTEM survey.
The McClarty volcanogenic massive sulphide (VMS) mineralization is a
new discovery in a significantly under-explored area, and the Company
believes the potential for further discovery is excellent. 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 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).
The exploration program is being 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 Tue Mar 4, 2008 at 11:15:44 PM Pacific Time
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