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TYE Troymet Exploration Corp.

0.005
0.00 (0.00%)
23 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Troymet Exploration Corp. TSXV:TYE TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.005 0.005 0.01 0 01:00:00

Troymet Announces Drill Program Underway at McClarty Lake Project

04/03/2013 12:00pm

Marketwired Canada


Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the "Company") is
pleased to announce that drilling has commenced on the McClarty Lake joint
venture property where Hudbay Minerals Inc. ("Hudbay") is the operator (Hudbay
60%; Troymet 40%). The drill program will test for plunge extensions of the
Discovery zone volcanic massive sulphide (VMS) mineralization to the southeast,
and be conducted by Hudbay in conjunction with its regional drill program.


The McClarty Lake project is located approx. 45 kilometres south of Hudbay
Chisel North and Lalor VMS deposits. The project comprises two claims (DYC3606 &
DOL78; 252 hectares) held in a Joint Venture between Hudbay (60%) and Troymet
(40%), and three claims (MAC-1, MAC-2 & MAC-3; 344 hectares) owned 100% by
Troymet. Under the terms of the Joint Venture Agreement, Hudbay must fund
$1,076,051 in exploration costs before Troymet is required to fund its
participating interest. Thereafter, Hudbay and Troymet will share all future
exploration and development expenditures pro-rata based on their participating
interests. 


Kieran Downes, P. Geo., a Qualified Person as defined by National Instrument
43-101, has reviewed and verified the technical information provided in this
release.


TROYMET EXPLORATION CORP.

Kieran Downes, Ph.D., P.Geo., President, CEO & Director

This press release may contain certain forward-looking information. All
statements included herein, other than statements of historical fact, is
forward-looking information and such information involves various risks and
uncertainties. There can be no assurance that such information will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such information. A description of assumptions used to
develop such forward-looking information and a description of risk factors that
may cause actual results to differ materially from forward-looking information
can be found in the company's disclosure documents on the SEDAR website at
www.sedar.com. The company does not undertake to update any forward-looking
information except in accordance with applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Troymet Exploration Corp.
Anthony Zelen
Investor Relations
1-888-456-4952
anthony@senergyir.com
www.troymet.com

1 Year Troymet Exploration Corp. Chart

1 Year Troymet Exploration Corp. Chart

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1 Month Troymet Exploration Corp. Chart