| ||June 06, 2011|
Troymet Reports HudBay Earnback Complete on McClarty Lake Project
| ||June 6, 2011 - Troymet Exploration Corp. (TSXV:TYE) ("Troymet" or the "Company") reports that Hudson Bay Exploration & Development Ltd. ("HudBay") has notified the Company that it has incurred the necessary expenditures on the two McClarty Lake option claims (DYC3606 & DOL78; 252 hectares) to earn back a 20% interest and, that as a result, a Joint Venture is now established with HudBay holding a 60% interest and Troymet holding a 40% interest.|
Troymet is awaiting delivery of the technical data and confirmation of expenditures by HudBay.
Troymet is pleased with this development as it believes HudBay is the best partner to explore and develop the McClarty Lake project. HudBay's participation in the project lends strong support to management's belief that McClarty Lake is a property of substantial merit with excellent discovery potential for a precious metal rich VMS deposit(s).
TROYMET EXPLORATION CORP.
Kieran Downes, Ph.D., P.Geo.
President, CEO & Director
For further information, contact:
Tel: 1-888-456-4952 or email@example.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. 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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