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TYE Troymet Exploration Corp.

0.005
0.00 (0.00%)
Last Updated: 01:00:00
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 Identifies Structures on Key Project

10/06/2010 1:31pm

Marketwired Canada


Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the "Company") is
pleased to update exploration progress on its 100% owned, 7,882-hectare Key
property, which is located 125 km southwest of Vanderhoof, British Columbia. 


Exploration crews mobilized to the property in mid-May to commence
reconnaissance prospecting and sampling of gold targets identified by a VTEM
survey, including four electromagnetic (EM) targets, which potentially represent
structurally-controlled sulphide-alteration zones. As well, two large intrusions
were identified by the VTEM survey and these are being explored for gold and/or
copper mineralization. 


Previous exploration of the project area did not explore for gold. The objective
of the current phase of the exploration program is to assess the prospectivness
of the major structures on the property and to help identify additional drill
targets.


Initial results from the field program are encouraging. Prospecting has
confirmed the validity of the VTEM targets, and major structural features
outlined by the VTEM survey have been located and sampled where exposed.
Historic showings on the property have also been located and appear to be
structurally controlled. As well, preliminary investigation of a broad
geochemical trend of anomalous zinc, copper, lead, arsenic and silver values
through the central part of the property also points toward a relation to major
northerly-trending structures.


The Company believes a number of major structures continue from the Key project
onto the adjoining Blackwater project of Richfield Ventures Corp. where a bulk
gold deposit has been discovered (September 25, 2009 news release). 


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.


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