March 17, 2008
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
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 firstname.lastname@example.org
Kieran Downes (250) 729-0453; email@example.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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