| ||September 04, 2008|
Troymet Extends Tannis Zone at Golden Eagle Project
| ||September 4, 2008 - Troymet Exploration Corp. (TSXV:TYE) ("Troymet" or the "Company") is pleased to announce the completion of diamond drilling on its 100% owned Golden Eagle project in northwest British Columbia. Twelve holes (2,406 metres) were drilled on the intrusive-hosted Tannis zone over a 250-metre strike length to follow up high-grade gold-silver mineralization previously intersected in four holes drilled in 2005-2006 (Reference: Sept. 24, 2007 news release). One hole was abandoned prior to reaching target depth due to broken and faulted ground conditions. Assay results are pending and will be released once received and compiled.|
Arsenopyrite (+ pyrite) as disseminated, replacement-type and stringer mineralization within quartz veins was encountered in all eleven of the holes that reached target depth. The mineralized vein system was intersected in rhyolitic intrusive as well as in mafic volcanics of the Boundary Range Metamorphic Suite, and in granitic intrusive rocks at depth beneath the rhyolite. The presence of granitic intrusive at depth indicates a composite, volatile-rich intrusive system in this locale, which to-date has only been tested by shallow drilling. The aerial extent of the rock types in which the mineralized vein system occurs has greatly increased the potential for further discoveries.
A mapping/prospecting program is currently underway on the Tannis zone and over the Jurassic volcanic/sediments that flank the Tannis zone to the west. Reconnaissance soil geochemical sampling suggests the mineralized veins continue into or beneath the volcanics/sediments.
The 2008 drilling and prospecting program has been managed by Equity Exploration Consultants Ltd. of Vancouver BC. All samples have been sent to the ALS Chemex sample preparation facility in Terrace, BC and will be analysed at the ALS Chemex laboratory in Vancouver BC.
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
For further information, contact:
Troymet Exploration Corp.
Tel: 1-888-456-4952 or firstname.lastname@example.org
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. This press release may contain "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein may be forward-looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "proposed", "is expected", "budgets", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. This forward-looking information reflects the Company's current beliefs and is based on information currently available to the Company and on assumptions the Company believes are reasonable. These assumptions include, but are not limited to, the actual results of exploration projects being equivalent to or better than estimated results in technical reports or prior exploration results, and future costs and expenses being based on historical costs and expenses, adjusted for inflation. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: the early stage development of the Company and its projects; general business, economic, competitive, political and social uncertainties; commodity prices; the actual results of current exploration and development or operational activities; competition; changes in project parameters as plans continue to be refined; accidents and other risks inherent in the mining industry; lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation, affecting the Company; timing and availability of external financing on acceptable terms; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key individuals. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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