🕐21.06.10 - 15:25 Uhr
Troymet Confirms Regional Structures on Key Project
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Re: News Releases - Monday, June 21, 2010
Troymet Confirms Regional Structures on Key Project
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June 21, 2010 - Troymet Exploration Corp.
(TSXV:TYE) ("Troymet" or the
"Company") is pleased to update exploration progress on its 100% owned,
7,882-hectare Key property, located 125 km southwest of Vanderhoof,
British Columbia.
Exploration to date has focused on certain geological structural
targets that have acted as feeders and conduits for sulphide
mineralization.
These targets lie within the area covered by a VTEM
survey (www.troymet.com/i/maps/Key_VTEM.jpg) and are clearly evident in
the airborne geophysics (www.troymet.com/i/maps/Key_VTEM-1stVD.jpg).
Multiple N- and NNW- trending faults have been mapped in the area by
the British Columbia Geological Survey (BCGS), together with a similar
sequence of rock types to that occurring on the immediately adjoining
Blackwater project of Richfield Ventures Corp.
where a bulk gold
deposit has been discovered (September 25, 2009 news release).
The
structural interpretation of the geophysical data generally supports
the mapping of the BCGS.
The Company believes a number of major
structures continue from the Key project onto the Blackwater project.
Four electromagnetic (EM) targets, which potentially represent
structurally-controlled sulphide-alteration zones, have been prospected
(www.troymet.com/i/maps/Key_VTEM-EM.jpg).
Alteration and sulphides were
found in the area of anomaly P1A.
The other three EM targets are not
exposed.
Magnetite veins, garnet and potassic feldspar and epidote alteration
occur in the area of a buried intrusive, interpreted from geophysics,
in the southeast corner of the VTEM survey area
(www.troymet.com/i/maps/Key_VTEM-TMI.jpg).
The alteration may be
indicative of alkali porphyry-style gold-copper mineralization.
A
second intrusion identified by the VTEM survey will also be explored
for gold and/or copper mineralization.
The regional scale of the structures that acted as plumbing systems for
the introduction of alteration and sulphide mineralization is
impressive.
Outcrop exposure on the property is limited; however,
ground geophysical surveys such as induced polarization can be used to
map sulphides along the structures.
As well, many areas are amenable to
geochemical sampling.
A large area of this greenfield property remains to be explored.
The
early discovery of structurally-controlled sulphide mineralization
associated with regional structures, however, is a significant
development, as is the recognition of two intrusives which may have
associated gold and/or copper mineralization.
Samples from the current field program have been sent to the ALS Chemex
prep facility in Whitehorse, Yukon.
Pulps will be sent to the ALS
Chemex laboratory in Vancouver, BC for analysis.
Results will be
reported following receipt and compilation.
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:
Shiro Rae
Investor Relations
Tel: 1-888--456-4952 or
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 companys 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.
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Copyright (c) 2010 TROYMET EXPLORATION CORP.
(TYE) All rights
reserved.
For more information visit our website at
http://www.troymet.com/ or send mailto:
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