May 20, 2010
May 20, 2010 - Troymet Exploration Corp. (TSXV:TYE) (“Troymet” or the
“Company”) reports that exploration crews have mobilized to the
Company’s 100% owned Key property, located 125 km southwest of
Vanderhoof, British Columbia. The strategically located 7,882-hectare
project is prospective for both precious metals and volcanogenic massive
sulphide (VMS) discoveries.
The exploration program, which will include diamond drilling, will
initially focus on three target areas where anomalous gold values are
currently recognized (News Release - April 28, 2010):
- Approximately 800 metres west of Good News Lake, soil sampling
identified strong multi-element, multi-station soil geochemical
anomalies for gold, lead, arsenic, silver and zinc in the vicinity of a
quartz eye rhyolite.
- The Company has identified four priority VTEM targets for
follow up. These potentially represent structurally-controlled
sulphide-alteration zones. Two of the targets lie at the projected head
of a 400-600 metre wide band of copper-zinc-lead-arsenic soil anomalies
trending southwesterly from Tsacha Mountain where samples of
sphalerite-bearing mineralization have returned high zinc values.
- South of Good News Lake, five rock samples from a 200x300 metre
area of alteration returned anomalous gold values possibly associated
with porphyry style mineralization.
The Company believes the gold mineralization on the adjoining Blackwater
project (Richfield Ventures Corp.) may extend onto the Key project.
Richfield has identified a bulk gold deposit (September 25, 2009 news
release) on the Blackwater project and plans a major drilling program in
2010 to define a NI 43-101 compliant gold resource (March 30, 2010 news
release). In addition, the Key property is prospective for
bonanza-style, epithermal gold-silver mineralization similar to the
adjoining 3T’s deposits, and the geology and geochemical signatures also
have strong parallels to that of the gold- and silver-rich Eskay Creek
deposit in northwestern British Columbia
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:June 10th, 2010, Troymet Identifies Structures on Key Project
You can view the Previous News item:April 28th, 2010, Troymet Reports Anomalous Gold at Key - Plans Summer Drill Program
Back to the main News page, or press the Back button on your browser.