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Monday, January 24, 2011 10:34:08 AM
Monday, January 24, 2011
Troymet Announces Mobilization of Drills & Geophysical Crews
January 24, 2011 - Troymet Exploration Corp. (TSXV:TYE) ("Troymet" or the "Company") reports that drills are mobilizing to its 100%-owned Key and McClarty lake projects to commence the winter drilling programs. It is anticipated that HudBay Minerals Inc. will commence its diamond drilling program on the option claims (Troymet 60%) of the McClarty Lake project, in February.
The induced polarization ("IP") survey on the Crag grid (Key project) identified large anomalies associated with gold and silver in outcrop samples (News Release of January 17, 2011). As a result of these successes, Troymet is expanding the IP survey. Geophysical crews will mobilize to site in early February to commence the expanded survey, which is expected to generate new drill targets in addition to those already recognized.
Troymet is also planning specialized geochemical surveys in summer 2011, in areas of the property where glacial deposits impede surface prospecting and mapping. Drill targets in these areas will be drilled in summer 2011.
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
It's all happened before and it will all happen again. Might as well profit from it.
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