Troymet Announces Winter Program at McClarty Lake

Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the "Company") is
pleased to update progress on its McClarty Lake project in Manitoba. The project
is located near Snow Lake, Manitoba and approximately 45 km south of the Chisel
Lake and Lalor Lake volcanic massive sulphide (VMS) deposits at Snow Lake
(HudBay Minerals Inc.). 


The McClarty Lake property comprises three claims owned 100% by Troymet and two
claims owned 60% by Troymet and 40% by Hudson Bay Exploration and Development
(HudBay) ("option claims"). HudBay is currently earning an additional 20%
interest in the option claims where Troymet identified a gold-bearing VMS
system, the Discovery zone, in 2007. The zone is sub-vertical and extends to
near surface, starting at the base of the Palaeozoic cover rock at a depth of
approximately 50 metres. The sulphide mineralization and associated alteration
system at the Discovery zone is very similar to that associated with the Chisel
Lake and Lalor VMS deposits and a number of mineral lenses have been identified.
The Company anticipates that HudBay will conduct a 2010 winter diamond drilling
program on the zone. 


Troymet plans a 2010 winter diamond drilling program (approx. 1,500 metres) on
its 100% owned properties. A ground PEM geophysical survey is scheduled for late
January and diamond drilling is planned for February-March. The drill program
will test the Mac EM conductor, which is on trend with the Discovery zone. The
Mac conductor was identified by the Company's 2008 deep penetrating VTEM
helicopter-borne survey and is a high priority target with the potential to host
significant VMS mineralization.


Troymet's 100% owned claims are strategically placed and the Company believes
this green field area has the potential to deliver additional VMS discoveries.
The Mac conductor offers the potential for immediate and significant new
discoveries on 100% owned Troymet ground.


HudBay continues to drill on the multi-lens Lalor deposit, which lies at a depth
of approx. 750 metres and dips north for over 500 metres, and has started
development of an $85 million production ramp from its Chisel North mine to the
Lalor deposit (HudBay website PowerPoint). The Lalor deposit contains
significant zinc resources and HudBay estimates the deposit could contain 3
million ounces of gold (HudBay news release - October 8, 2009). 


Elsewhere, VMS Ventures Inc. continues to make discoveries on its Reed Lake and
Tower zones which lie approx. 25 km northwest of McClarty Lake (VMS news release
- January 13, 2010).


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.