Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the "Company") reports
it has resumed exploration on its flagship 100% owned Key gold project in
British Columbia, where a fully funded $1 million exploration program including
drilling is underway. On August 2, 2012, Troymet announced a temporary delay for
safety reasons of a planned line cutting and induced polarization ("IP") survey,
given that Canfor Corporation had started active logging in the proposed survey
area. Following a recent site visit and assessment by senior management, Troymet
is now satisfied that the exploration program can safely proceed without
conflict with Canfor's ongoing logging program. 


Drilling is scheduled to start in early October.

Troymet anticipates significant exploration and financial benefits from Canfor's
logging program in the form of new bedrock exposures including possible new
mineralized zones, reduced need to cut survey grids, and multiple new access
routes to the various target zones that will facilitate easy access for
drilling. 


Kieran Downes, President and CEO, stated: "We look forward to drill testing the
high potential gold targets identified by Troymet's 2011 and 2012 exploration
programs over the eastern half of the property. The number and scale of the as
yet undrilled targets indicate the Key project has significant discovery
potential."


The 8,854 hectare Key project is strategically located between New Gold Inc.'s
Blackwater gold deposit and the 3Ts gold project of Independence Gold Corp. On
July 18, 2012, New Gold announced an updated National Instrument 43-101
compliant mineral resource estimate for the Blackwater gold deposit:




--  Indicated mineral resource: 230 million tonnes at an average grade of
    0.96 grams gold per tonne containing 7.1 million ounces of gold at a
    0.40 gold-equivalent gram per tonne cut-off grade 
--  Inferred mineral resource: 98 million tonnes at an average grade of 0.77
    grams gold per tonne containing 2.5 million ounces of gold at a 0.40
    gold-equivalent gram per tonne cut-off grade



Kieran Downes, P. Geo., a Qualified Person as defined by National Instrument
43-101, has reviewed and approved the contents of this release.


TROYMET EXPLORATION CORP.

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

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 securities laws.


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