Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the "Company") reports
that it has contracted Northspan Explorations Ltd.to conduct reverse circulation
(RC) drill testing of gold targets on its 100% owned Key gold project in British
Columbia. Drilling is scheduled to start on October 10, 2012. Troymet plans to
drill approximately 1,200 metres to test 12 target areas (see map at
www.troymet.com/i/maps/Key_Au-Zones.jpg). The 8,854 hectare Key project is
strategically located immediately adjacent to New Gold Inc.'s Blackwater gold
deposit where a positive Preliminary Economic Assessment was announced on
September 20, 2012. Mineralized structures (Good News Fault/East Fault) continue
from the Key property onto the Blackwater property, the geology is continuous
and Troymet's exploration has identified high quality targets that may represent
Blackwater style precious metals mineralization. The goal of the drilling is to
test if Blackwater style mineralization is present in the target areas.


Troymet's exploration programs have employed the low cost and proven exploration
techniques of soil sampling, prospecting and induced polarization (IP) surveys
to identify high quality target areas. In general, the targets have a thin soil
cover, occur in well drained areas and are well suited to drill testing by RC.
As well, active logging in the area has created multiple new access routes to
the various target zones, which facilitates easy access for drilling. This has
been a significant exploration and financial benefit for Troymet. 


In 2011, Troymet identified a large hydrothermal system with high sulphide
content and locally anomalous silver, gold, zinc and copper values at Good News
Lake, and along the Good News Lake and East Faults. This large and deeply rooted
plumbing system extends over several kilometres and is intimately associated
with the majority of the target areas selected for drill testing. Its large size
together with the large number of associated target areas indicates significant
discovery potential in this part of the Key project.


Casselman Geological Services Ltd. is providing technical management of the
field program for the Company. 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.


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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