Troymet Exploration (TYE-V) is pleased to report that, preparatory to drilling, a field crew has mobilized to the Alpha zone of the Redhill project to:
Complete detailed soil sampling of the ~900 m x 250 m gold-in-soil anomaly
Prospect the significant chargeability anomalies identified by the recently completed Voltera-3DIP survey
Prospect the VMS prospect which is now recognized as occurring in a prospective volcanic sequence that tracks the contact of the high/low chargeability domains
The gold-in-soil anomaly was first identified by sampling at 50 m stations along 200 m spaced lines. The anomaly will be detailed by sampling at 25 m stations along 100 m spaced infill lines.
The 3DIP survey mapped previously unrecognized and fundamental geologic patterns in the Alpha zone and identified two significant chargeability anomalies. One chargeability anomaly (>20 milliseconds; ~280 m x 260 m) lies just west of the VMS prospect. The second (16-18 milliseconds; ~210 m x 100 m) lies in the southeast part of the grid. Maps of the 3DIP chargeability and resistivity as well as the gold-in-soil anomaly can be viewed at www.troymet.com/projects/redhill/maps-and-photos.
The VMS prospect occurs in a prospective volcanic sequence that tracks the contact of the high/low chargeability domains. The VMS prospect is associated with a 200 m long Fixed Loop Transient EM conductor as well as Borehole Transient EM conductors. Hole RH06-25, re-logged, quartered and re-assayed by Troymet, returned: 8.75% copper, 4.75% zinc, 1.22 g/t gold & 61.19 g/t silver over 2.04 m. The mineralization is open along strike and to depth.
President and CEO, Kieran Downes, P. Geo., a Qualified Person as defined by National Instrument 43-101, has reviewed and verified the technical information provided in this release.
About Troymet Exploration Corp.
Troymet Exploration Corp. is a junior exploration company with a solid treasury and with projects in British Columbia (Redhill and Golden Eagle), Manitoba (McClarty Lake) and Utah (Wildcat). Troymet operates the Wildcat, Redhill and Golden Eagle projects. Hudbay Minerals Inc. is the operator of the McClarty Lake joint venture and must contribute $1,151,052 in joint venture expenditures before Troymet is required to fund its participating interest. Troymet retains a 2% net smelter returns royalty (NSR) on the Key property, British Columbia, which was sold to New Gold Inc. in 2013.
TROYMET EXPLORATION CORP.
Kieran Downes, Ph.D., P.Geo.
President, CEO & Director
Investor Relations
250-729-0453
info@troymet.com
www.troymet.com |
