Troymet Identifies VMS Targets at the Key Project

Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the "Company") is
pleased to report on the results of a helicopter-borne VTEM survey on the
Company's 100% owned Key property (7,882 ha) located 125 km southwest of
Vanderhoof, British Columbia. The survey was flown over the central claims of
the property by Geotech Ltd. in August 2008. An interpretation of the results
was subsequently undertaken by Balch Exploration Consulting Inc. (BECI).


The exploration targets on the Key project are: (1) precious metals-rich
volcanic massive sulphide (VMS) deposits, possibly preserved within a graben
structure; and (2) epithermal gold-silver deposits. The VTEM survey identified
four priority targets for follow up.


BECI identified four geophysical targets in the form of discrete higher
conductance electromagnetic (EM) anomalies for follow-up investigation. Three of
the anomalies are considered targets for VMS mineralization. The fourth anomaly
is selected as a lower priority target but chosen due to its unusual EM
behaviour.


Anomaly P1A is a near surface and perhaps exposed target with a strong EM
signature and interpreted to strike northerly for 600-800 metres. It's proximity
to both major and subtle structural features place it as a high priority target.
Anomaly P1B is another high priority and relatively shallow target with a strike
length estimated at less than 200 metres. Anomaly P2 is considered a medium
priority, discrete, shallow target situated within an intrusive body. The shape
of the EM anomaly suggests a thick geometry or horizontal body with less than
200 metres strike length. Anomaly P3 is another near surface target but
considered lower priority in that it does not exhibit similar characteristics to
the other selected targets. Its close proximity to a regional fault zone,
however, warrants a ground follow up.


The Key project lies within the Nechako Plateau, an area described by the BC
Geological Survey as under-explored and having the potential to host various
styles of mineral deposits based on favourable geology, coeval intrusive
activity and locally intensive extensional faulting (BCGS Paper 1997-2). The
property covers an area with anomalous lake sediment geochemistry and locally
anomalous gold-lead-arsenic-silver-zinc in soils. The anomalous metal suite and
geological setting is characteristic of the gold- and silver-rich Eskay Creek
deposit in northwest British Columbia.


The Key property is contiguous with Silver Quest Resources' Blackwater-Davidson
project to the north and 3T's project to the southwest. At Blackwater-Davidson,
disseminated gold-silver mineralization and high-grade gold in shear-hosted
veins is hosted in Jurassic aged Hazelton Group rhyolites. The 3T's is described
as a bonanza-style, epithermal gold-silver camp also hosted by Hazelton Group
rhyolites. Silver Quest's Capoose silver-gold-lead-zinc deposit, located 27
kilometres to the northwest, is associated with younger Cretaceous-aged
rhyolitic sills that have intruded the Hazelton rocks. Current and historical
resources are reported for the three properties. Along the regional strike
approximately 130 km to the northwest, Amarc Resources Ltd. is actively
exploring the Sitlika Copper-Zinc Belt for copper-zinc rich VMS deposits.


The Company is very pleased with the positive results of the airborne survey and
a field program is under consideration for the 2009 field season. This is a
greenfield project with little history of exploration. Given the location of the
project and the newly identified VMS targets, the Company is very optimistic for
its discovery potential.


Troymet is a junior exploration company with precious and base metal projects
located in British Columbia and Manitoba, Canada. The Company is actively
seeking partners to advance its highly prospective properties and continues to
seek new projects with high-value and large-tonnage potential to add to its
portfolio.


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

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