Troymet Completes Soil Sampling at Key Project

Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the "Company") reports
the Phase II soil sampling program on its 100% owned (8,854 ha) Key project in
British Columbia, has been successfully completed. The Key property is
strategically located between and adjacent to New Gold Inc.'s Blackwater gold
deposit and the 3Ts gold-silver deposit of Silver Quest Resources Ltd. The
Capoose silver deposit (New Gold Inc.) is located approximately 12 km to the
northwest.


New Gold acquired the Blackwater property through its purchase of Richfield
Ventures Corp. for $550 million (News Release of April 4, 2011). More recently,
New Gold consolidated its position in the district through its acquisition of
Silver Quest's 25% interest in part of the Blackwater project as well as Silver
Quest's 100% interest in the Capoose property for $132 million (News Release of
October 17, 2011). As part of its consolidation of interests New Gold also
acquired Geo Minerals Ltd.'s West Blackwater properties for $16 million (News
Release of October 17, 2011).


Troymet reports it has now completed soil sampling over the principal target
areas adjacent to the Blackwater property, along the principal structures
trending from the Key property onto the Blackwater property, and along the east
side of the Key property. The Phase II soil sampling program completed and
expanded the Phase I program. Phase II was confined to the northeast parts of
the property adjacent to the Blackwater gold deposit.


"We are pleased the soil sampling program was completed in a timely manner and
ahead of schedule, and we look forward to an aggressive drilling program in the
New Year. Troymet is very encouraged by New Gold's consolidation of its
interests in the district and has increased confidence in the value of the Key
property and its discovery potential." stated Kieran Downes, President and CEO.


The Company has moved sampling of the southwest corner of the Key property to a
Phase III program to be completed in 2012 as Troymet has been advised the area
will be logged in 2012. This will result in a more comprehensive and cost
effective exploration program. The Company had planned to conduct soil sampling,
in 2011, in this difficult to access part of the property which is adjacent to
the 3Ts gold-silver deposit. Silver Quest has reported an NI 43-101 compliant
resource estimate of 942,600 tonnes @ 4.89 g/t gold and 77 g/t silver for the
3Ts deposit (Silver Quest Fact Sheet of August 31, 2011). As well, Silver Quest
completed 1,645 meter drill program (10 holes) on the 3Ts deposit in 2011 from
which results are pending. Earlier, Silver Quest had reported the discovery of
at least four new quartz-carbonate veins in outcrop (News Release of July 26,
2011).


As part of the Phase II program, access routes were identified to a number of
drill targets in the area of Tsacha Mt. which were inaccessible during the
winter 2011 drill program due to terrain and weather. These, and newly
identified targets, will be tested when drilling resumes. 


All soil samples have been submitted to ALS Chemex Labs Ltd. for analysis.
Results will be reported once received, interpreted and validated.


Troymet is well financed and holds an exciting portfolio of precious metals and
base metals exploration properties. 


President & CEO, Kieran Downes, P. Geo., a qualified person as defined by
National Instrument 43-101, is responsible for and has 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.