Troymet Announces Three Diamond Drill Programs

Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the "Company") is
pleased to announce that three diamond drill programs will commence in
January/February 2011 on its Canadian projects. Troymet will conduct drill
programs on its Key project (gold-silver) and on its 100% owned claims in the
McClarty Lake project (zinc-copper-gold). Separately, HudBay Minerals Inc.
(HudBay) will complete a drill program on the option claims in the McClarty Lake
project (zinc-copper-gold). The upcoming drilling season promises to be a very
exciting one for Troymet. The Company is well financed and holds an exciting
portfolio of exploration properties that it has developed and brought to
drill-ready stage. The impact of a major precious metals or base metals
discovery would be significant for the Company.


Key Project, British Columbia

The 100% owned Key project is located 125 km southwest of Vanderhoof, British
Columbia. The property immediately adjoins the Blackwater project of Richfield
Ventures Corp. A diamond drilling program is scheduled to start in January 2011.
The Company has received all of the soil sample geochemical analyses together
with induced polarization (IP) data for the western (Crag) grid. The initial
interpretation indicates drill targets comprising coincident gold-silver in rock
samples, gold in soils, and chargeability/resistivity anomalies. Further
information will be released at a future date. The soil analyses also indicate
elevated to anomalous gold and silver values over the eastern (Scarp and Butte)
grids. The elevated to anomalous values coincide well with the gold and silver
in rock samples, and structures believed to control the mineralization. A number
of drill targets have been identified. The Company plans to extend IP surveys
into these areas early in 2011 to expand and better define the drill targets.


McClarty Lake Project, Manitoba

The McClarty Lake property is located near Snow Lake, Manitoba and lies
approx.45 km south of HudBay's Chisel Lake and Lalor Lake volcanogenic massive
sulphide (VMS) deposits. The property comprises three claims (MAC-1, MAC-2 &
MAC-3; 344 hectares) owned 100% by Troymet and two claims (DYC3606 & DOL78; 252
hectares) owned 60% by Troymet and 40% by HudBay ("option claims"). HudBay is
currently earning an additional 20% interest in the option claims by spending
$750,000 on exploration by June 5, 2011. 


MAC Claims (100% Owned)

A diamond drilling program is scheduled to start in January 2011 to test the MAC
conductor for VMS mineralization. The MAC conductor, identified in 2010 with
deep penetrating electromagnetic surveys, comprises a strong, multi-line
conductor at depths of between 250 and 400 metres. The conductor appears to be
on trend with the conductor system that hosts the Discovery zone to the
southwest (see under Option Claims) and it lies at depths beyond the detection
depth of past airborne surveys. The conductor has never been drilled.


Option Claims (60% Owned)

HudBay has advised Troymet that it will complete a drilling program on the
option claims, starting in February 2011. Troymet identified a gold-bearing VMS
system (Discovery zone) on the option claims, in 2007. 


Cambridge House International Inc.

Troymet will be presenting at the Vancouver Resources Investment Conference on
January 23-24, 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

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.