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Monday, 01/17/2011 3:27:07 PM

Monday, January 17, 2011 3:27:07 PM

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January 17, 2011 - Troymet Exploration Corp. (TSXV:TYE) ("Troymet" or the "Company") reports that it has signed diamond drill contracts for its 100% owned Key and McClarty Lake projects. In addition, the Company is pleased to report that HudBay Minerals Inc. has confirmed that it will conduct a diamond drilling program on the option claims in the McClarty Lake project. Drilling will commence on the Key and McClarty Lake projects following the mobilization to site of the drills and the establishment of exploration camps.

The Company has posted initial geophysical maps for the Crag grid (Key project) on its web site (www.troymet.com/s/Key-Images.asp), showing the excellent coincidence between gold and silver in surface samples and large induced polarization/resistivity anomalies. Elevated to anomalous gold-in-soils values are also present. These drill targets have significant dimensions.

Troymet is well financed and holds an exciting portfolio of precious metals and base metals exploration properties, all of which it plans to drill in 2011.

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 or rbirmingham@troymet.com

Website: www.troymet.com

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