November 16, 2010
Troymet's Key Field Program Well Advanced
November 16, 2010 - Troymet Exploration Corp. (TSXV:TYE) (“Troymet” or the “Company”) reports the fall field program on its 100% owned (7,882-hectare) Key property is well advanced. The Key project is located 125 km southwest of Vanderhoof, British Columbia. The property immediately adjoins the Blackwater project of Richfield Ventures Corp., where a bulk gold deposit has been discovered (September 25, 2009 news release).The current program of line cutting, induced polarization (IP) and soil sampling is targeting five areas with coincident gold-silver-zinc mineralization and locally tungsten in prospecting samples (see Key - Target Areas). The mineralization is structurally controlled and associated with pyrite and sphalerite +/- arsenopyrite mineralization (News Release September 27, 2010).
Assays from the soil sampling program and results from the IP geophysical surveys, will be released once received and evaluated. The Company currently has four VTEM targets identified for drilling and anticipates the current exploration program will identify additional gold-silver drill targets.
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:
Robert Birmingham
Investor Relations
Tel: 1-888-456-4952 or rbirmingham@troymet.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. 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:November 22nd, 2010, Troymet Exploration Corp. Grants 1.45 Million Stock Options
You can view the Previous News item:November 10th, 2010, Troymet Closes Second Tranche of Private Placement
Back to the main News page, or press the Back button on your browser.