Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the "Company") updates
exploration progress on the McClarty Lake project located near Snow Lake,
Manitoba. The project lies approx. 45 kilometres south of HudBay Minerals Inc.'s
Chisel North and Lalor volcanogenic massive sulphide (VMS) deposits. The
property comprises three claims (MAC-1, MAC-2 & MAC-3; 344 hectares) owned 100%
by Troymet and two claims (DYC3606 & DOL78; 252 hectares) held in a Joint
Venture between HudBay (60%) and Troymet (40%). The Joint Venture was formed
after HudBay completed its earn back of a 20% interest in the DYC3606 and DOL78
claims in June 2011 (News Release - June 6, 2011). Troymet is pleased with
HudBay's participation and believes it 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). 


Joint Venture Claims

The Company is pleased to report that it has received a draft Joint Venture
Agreement from HudBay Minerals Inc. ("HudBay") and anticipates the final
documentation will be complete in the near future. Further drilling is proposed
to test for plunge extensions of the Discovery zone mineralization to the
southeast.


In winter 2011, HudBay completed a surface pulse electromagnetic survey (approx.
20 kilometres) over the Discovery zone as well as a 1,563-metre (3 holes) drill
program. All of the drill holes were surveyed with borehole electromagnetics. A
map showing the locations of the drill holes relative to previous drilling can
be viewed at www.troymet.com/i/maps/MC_Geol-DH.jpg. 


Hole MCC001, drilled on section with 2008 holes MC08-08, 10 and 11, intersected
the mineralized zone approximately 150 metres below the intersection in hole
MC08-10 at a vertical depth of approximately 300 metres. A wide zone of
mineralization comprising a mix of massive, semi-massive and disseminated
sulphide was intersected from 293.6 to 404.0 metres. Assay highlights of the
mineralized zone are presented in Table 1.


Table 1. Significant Results from 2011 HudBay Drilling 



----------------------------------------------------------------------------
Hole            From       To   Interval    Zinc   Copper     Gold   Silver 
No.               (m)      (m)        (m)     (%)      (%)    (g/t)    (g/t)
----------------------------------------------------------------------------
MCC001        295.00   296.00       1.00    0.01     0.06     7.47    87.43 
----------------------------------------------------------------------------
              302.07   317.70      15.63    1.03     0.45     0.22     8.00 
----------------------------------------------------------------------------
including     314.65   317.70       3.05    3.58     0.16     0.25     7.98 
----------------------------------------------------------------------------
              345.00   347.93       2.93    1.98     0.09     0.41     4.26 
----------------------------------------------------------------------------



Holes MCC002 and MCC003 were drilled on section with hole MC08-09. These holes
were drilled on the north side of an interpreted fault that offsets the
mineralization, to test an off-hole geophysical anomaly. Neither hole
intersected significant mineralization, although a wide zone of mineralized
schist (1 to 7% disseminated pyrite with rare chalcopyrite) was intersected in
MCC002 from 323.85 to 493.0 metres including an intersection of massive pyrite
from 418.9 to 419.9 metres. Hole MCC003 also intersected a wide zone of
mineralized schist (trace to 25% disseminated pyrite greater than pyrrhotite)
from 365.5 to 549.6 metres, with massive to semi-massive pyrite intersected from
393.1 to 393.6 metres and 545.7 to 546.9 metres. 


The 2011 drilling program on the joint venture claims was managed and supervised
by HudBay personnel. All core holes are NQ size drilled at 285 degrees azimuth
and -58 degrees dip. Sample intervals are down hole measurements; true widths
are not provided. All samples were prepared and analyzed at HudBay's Hudson Bay
Mining and Smelting Co., Limited subsidiary's assay laboratory in Flin Flon,
Manitoba. Assaying quality is monitored internally with a quality control
program that includes the use of sample standards, blanks, duplicates and
repeats, and externally through national and international programs. External
check assays are performed at Acme Analytical Laboratories Ltd. in Vancouver,
B.C., an ISO 9001:2008 accredited facility. 


Troymet (100%) Claims

Troymet's 2011 exploration program on the MAC conductor identified the northern
extension of the horizon that hosts the Discovery zone. The results indicate the
presence of a +2,000 metre long stratigraphic horizon that carries base metal
mineralization in the two locales where tested. The Company is currently
planning a 2012 surface pulse electromagnetic survey to better define and extend
the MAC conductor prior to further drilling.


The identification of a productive, base metal mineralized horizon extending
through Troymet's 100% owned claims significantly increases the possibility of a
significant VMS discovery on the Company's 100% owned ground. 


Troymet considers that the McClarty Lake is a property of substantial merit with
excellent discovery potential for a precious metal rich VMS deposit(s). The
Company anticipates a winter 2012 diamond drilling program on the HudBay joint
venture claims as well as on its 100% owned claims.


President & CEO, Kieran Downes, P. Geo., a qualified person as defined by
National Instrument 43-101, is responsible for and has verified the technical
information provided in this release.


TROYMET EXPLORATION CORP.

Kieran Downes, Ph.D., P.Geo., President, CEO & Director

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 securities laws.


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