October 6, 2010
October 6, 2010 - Troymet Exploration Corp. (TSXV:TYE) (“Troymet” or the
“Company”) is pleased to update progress on its 100% owned,
7,882-hectare Key property, which is located 125 km southwest of
Vanderhoof, British Columbia.
The Company is pleased to report that it has completed a preliminary
integration of historical soil sampling data from surveys completed by
Prism Resources Inc., Placer Development Ltd. and BP Minerals Ltd. on
the project. The three generations of overlapping soil geochemical
surveys identified a broad trend of anomalous zinc, copper, lead,
arsenic and silver values (see Key - GN Soil Anomaly Map
The GN soil anomaly, which measures approximately 500 hectares (1,235
acres), overlaps target areas II and III, the GN fault and potential
breccia pipes/diatremes. It further confirms the discovery potential of
this area for precious metal mineralization.
The Company is planning induced polarization (IP) geophysical surveying
to identify the sulphide concentrations in the target structures prior
to diamond drilling. The property is readily accessible along a well
developed network of established forestry roads.
The Key project adjoins the Blackwater project of Richfield Ventures
Corp., where a bulk gold deposit has been discovered (September 25, 2009
news release). The Company believes there is a strong probability the
mineralization will continue northwards along the GN and East faults
towards the Blackwater project.
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:
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
You can view the Next News item:October 18th, 2010, Troymet Announces $2,000,000 Private Placement
You can view the Previous News item:September 27th, 2010, Troymet Receives Drill Permit for Key Project
Back to the main News page, or press the Back button on your browser.