March 17, 2008
Troymet Intersects Massive Sulphide Mineralization at McClarty Lake Project
March 17, 2008 - Troymet Exploration Corp. (TSXV:TYE) (the “Company”) is pleased to report new mineralized intersections on its McClarty Lake project in northern Manitoba. Four holes were drilled on 50-metre step outs to the 2007 VMS discovery. Three holes intersected massive pyrite, sphalerite and chalcopyrite bearing VMS mineralization over down hole core lengths ranging from 10 to 35 metres (true width is estimated to be 85% of core length). The fourth, and northernmost hole, intersected zones of pyrite and chalcopyrite bearing stringer type mineralization. The VMS mineralization has now been intersected over a strike length of ~100 metres and to a vertical depth of ~175 metres. Drilling is continuing.The mineralized core has been split and sent for assay. Results will be reported once analytical results are received and evaluated. Photographs of mineralized core from the recent drilling have been posted on the Company’s website at www.troymet.com/s/McClartyLake-Images.asp.
The alteration system associated with the mineralized system has been intersected in drilling over a strike length of approximately 500 metres (open). Troymet’s consultant on the project, Dr. Alan Bailes, comments: “The sulphide mineralization and associated alteration system at McClarty Lake is very similar to that associated with the Chisel Lake and newly discovered Lalor Lake volcanogenic massive sulphide deposits of the Snow Lake area. The amount of altered rocks encountered at McClarty Lake is significant and indicates that the property has considerable discovery potential.”
The McClarty Lake project is located 47 kilometres southwest of Snow Lake, Manitoba. The current 3,000-metre drilling program is designed to follow up the 2007 base metal discovery (Reference: Sept. 26, 2007 news release), and to further test the +600-metre EM conductor system with which the base metal and gold-silver mineralization is associated.
The exploration program is being managed by Equity Engineering Ltd. of Vancouver, BC. Tracy Hurley, PGeo, Vice President, Exploration and qualified person as defined by National Instrument 43-101 is responsible for the technical information provided in this release.
For further information, contact:
Tracy Hurley th@troymet.com
Kieran Downes (250) 729-0453; kd@troymet.com
Website: www.troymet.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release may contain forward-looking statements. Except for statements of historical fact, all statements in this press release - including, without limitation, statements regarding future plans and objectives of the Company - are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
You can view the Next News item:April 9th, 2008, Troymet's First McClarty Lake Holes Intersect Zinc, Copper and Gold
You can view the Previous News item:March 5th, 2008, Troymet Completes VTEM Survey on McClarty Lake VMS Property
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