June 6, 2011
June 6, 2011 - Troymet Exploration Corp. (TSXV:TYE) (“Troymet” or the
“Company”) reports that Hudson Bay Exploration & Development Ltd.
(“HudBay”) has notified the Company that it has incurred the necessary
expenditures on the two McClarty Lake option claims (DYC3606 &
DOL78; 252 hectares) to earn back a 20% interest and, that as a result, a
Joint Venture is now established with HudBay holding a 60% interest and
Troymet holding a 40% interest.
Troymet is awaiting delivery of the technical data and confirmation of expenditures by HudBay.
Troymet is pleased with this development as it believes HudBay is the
best partner to explore and develop the McClarty Lake project. HudBay’s
participation in the project lends strong support to management’s belief
that McClarty Lake is a property of substantial merit with excellent
discovery potential for a precious metal rich VMS deposit(s).
TROYMET EXPLORATION CORP.
Kieran Downes, Ph.D., P.Geo.
President, CEO & Director
For further information, contact:
Tel: 1-888-456-4952 or email@example.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
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