September 18, 2012

Troymet Resumes Exploration & Schedules Drilling on Key Project

September 18, 2012 - Troymet Exploration Corp. (TSXV:TYE) (“Troymet” or the “Company”) reports it has resumed exploration on its flagship 100% owned Key gold project in British Columbia, where a fully funded $1 million exploration program including drilling is underway. On August 2, 2012, Troymet announced a temporary delay for safety reasons of a planned line cutting and induced polarization (“IP”) survey, given that Canfor Corporation had started active logging in the proposed survey area. Following a recent site visit and assessment by senior management, Troymet is now satisfied that the exploration program can safely proceed without conflict with Canfor’s ongoing logging program. Drilling is scheduled to start in early October.

Troymet anticipates significant exploration and financial benefits from Canfor’s logging program in the form of new bedrock exposures including possible new mineralized zones, reduced need to cut survey grids, and multiple new access routes to the various target zones that will facilitate easy access for drilling.

Kieran Downes, President and CEO, stated: “We look forward to drill testing the high potential gold targets identified by Troymet’s 2011 and 2012 exploration programs over the eastern half of the property. The number and scale of the as yet undrilled targets indicate the Key project has significant discovery potential.”

The 8,854 hectare Key project is strategically located between New Gold Inc.’s Blackwater gold deposit and the 3Ts gold project of Independence Gold Corp. On July 18, 2012, New Gold announced an updated National Instrument 43-101 compliant mineral resource estimate for the Blackwater gold deposit:

• Indicated mineral resource: 230 million tonnes at an average grade of 0.96 grams gold per tonne containing 7.1 million ounces of gold at a 0.40 gold-equivalent gram per tonne cut-off grade
• Inferred mineral resource: 98 million tonnes at an average grade of 0.77 grams gold per tonne containing 2.5 million ounces of gold at a 0.40 gold-equivalent gram per tonne cut-off grade

Kieran Downes, P. Geo., a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the contents of this release.

TROYMET EXPLORATION CORP.

Kieran Downes, Ph.D., P.Geo.
President, CEO & Director

For further information, contact:
Anthony Zelen
Investor Relations
Tel: 1-888-456-4952 or anthony@senergyir.com

Website: www.troymet.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.

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.

You can view the Next News item:October 4th, 2012, Troymet Mobilizes Drill to the Key Project

You can view the Previous News item:August 14th, 2012, Troymet & Hudbay Sign Joint Venture Agreement on McClarty Lake Project

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