April 25, 2008
Troymet's Preliminary Geological and Geophysical Observations at McClarty Indicate Potential for Multiple Mineralized Horizons
April 25, 2008 - Troymet Exploration Corp. (TSXV:TYE) (the “Company”) reports that preliminary geological and geophysical observations from the 2008 exploration program at McClarty Lake project, located near Snow Lake, Manitoba, indicate the presence of at least two mineralized VMS horizons.Drilling to date has intersected two laterally continuous zones of massive sulphides hosted within felsic metavolcanic rocks. The “lower” massive sulphide zone is base metal-rich and locally gold enriched, and has been intersected in two fences of holes spaced 50 metres apart. The northern fence of holes (MC08-08 and 10) intersected the zone over core lengths of 43 to 47 metres (estimated true width of 37 to 41 metres). Narrower widths of mineralization were encountered 50 metres to the south in holes MC07-04 and 06; however, re-logging by Troymet’s consultant on the project, Dr. Alan Bailes, has revealed that the mineralization in these holes is truncated by late intrusive rocks. This “lower” sulphide zone has been intersected to a vertical depth of 250 metres and remains open at depth. An “upper” massive sulphide zone, approximately 150 metres stratigraphically above the “lower” sulphide unit, is base metal poor (where tested to date) but locally gold enriched. The “upper” zone has been intersected over 0.3 to 5 metre down hole lengths. It can be traced along strike for 300 metres and to a vertical depth of 250 metres and is open in all directions.
The presence of at least two sulphide horizons is supported by preliminary interpretations of the ground TEM survey, the airborne VTEM survey and borehole pulse electromagnetic surveys conducted on several of the 2008 drill holes. With the new knowledge that at least two horizons are present, it is evident that several holes in the test area were not drilled deep enough to test the westernmost zone. In addition, the interpretation of significant off-hole anomalies from borehole results for three of the 2008 drill holes suggests the possibility of a separate conductive lens at depth that has not been intersected by drilling.
Geologically, the Precambrian “basement” rocks in the McClarty Lake area belong to the southward (Ordovician-covered) extension of the Fourmile Island juvenile oceanic arc assemblage, which is host to two former base metal mines (Dickstone and Spruce Point) and several significant VMS deposits, including the newly discovered VMS Ventures Reed Lake base metal deposit.
The McClarty Lake property displays a number of the favourable parameters considered to be prospective for VMS exploration in the Snow Lake district, including a large domain of felsic volcanic rocks and a large area of hydrothermal alteration. The metamorphic mineralogy is comparable to altered rocks associated with the VMS deposits at Snow Lake and, in particular, those associated with the Zn-rich Chisel Lake and Lalor Lake VMS mineralizing systems.
The presence of stringer-style sulphide mineralization and base metal rich massive sulphide mineralization gives considerable merit to the McClarty Lake property as an exceptional VMS exploration target. The local presence of gold mineralization associated with sulphide zones indicates the property also has potential as a gold exploration target.
The 2008 drill program consisted of eight holes totalling 2,390 metres. Further results will be reported once analytical results are received and evaluated.
The winter 2008 diamond drilling program was 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.
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