Troymet Exploration Corp. (TYE)
Explorer's project adjacent to a developing gold mine
Sector: Metals & Mining | Sub-Sector: Gold
Troymet Exploration Corporation is a mineral exploration and production company explores and evaluates mineral properties in Canada. It mainly explores for gold, silver, and base metal properties.
Can you describe your company and say what it does?
Troymet Exploration is a junior mineral exploration company with three high-potential properties. The flagship “Key” property is located immediately adjacent to New Gold’s Blackwater property, which hosts the Blackwater gold deposit and is projected to be in production by 2017. Troymet plans to conduct a major exploration drilling program on the Key in summer 2012.
What distinguishes your company from others in your space?
Troymet’s properties have a high-discovery potential. The Key project in particular is significantly under-explored, while being adjacent to and having similar geology with a developing gold mine.
Can you explain why you have chosen to work in Western Canada?
Troymet is headquartered in British Columbia so the costs of exploring our B.C. properties, which are road accessible, are greatly reduced. The specific geological setting of each property also increases the potential for the discovery of large mineral deposits.