TYE Troymet Exploration Corp.

Troymet Exploration Corp.  (TSX VENTURE:TYE) ("Troymet" or the "Company") is
pleased to update exploration plans for the McClarty Lake project, located
approx. 45 kilometres south of HudBay Minerals Inc.'s ("Hudbay") Chisel North
and Lalor volcanogenic massive sulphide (VMS) deposits. The Lalor project,
scheduled to be in production in 2015, is on a fast track to become Hudbay's
next major underground mine (see www.hudbay.com). The project is believed to
hold the second largest metal deposit in the Flin Flon Greenstone Belt and the
largest pre-development deposit discovered in the Flin Flon-Snow Lake region.
The McClarty Lake project comprises two claims (DYC3606 & DOL78; 252 hectares)
held in a Joint Venture between Hudbay (60%) and Troymet (40%), and three claims
(MAC-1, MAC-2 & MAC-3; 344 hectares) owned 100% by Troymet.


Joint Venture Claims

Troymet is pleased to report that planning is well advanced for the 2013 winter
diamond drilling on the McClarty Lake Joint Venture where Hudbay Minerals Inc.
is the operator (HudBay 60%; Troymet 40%). The drill program will test for
plunge extensions of the Discovery zone mineralization to the southeast, and be
conducted by Hudbay in conjunction with its regional drill program. An access
road is currently being prepared as are on-ice drill platforms. Under the terms
of the Joint Venture Agreement, Hudbay must fund $1,076,051 in exploration costs
before Troymet is required to fund its participating interest. Thereafter,
Hudbay and Troymet will share all future exploration and development
expenditures pro-rata based on their participating interests. 


The McClarty Lake project is a property of substantial merit with excellent
discovery potential for a precious metal-rich VMS deposit(s). Drilling in 2008
identified two laterally continuous zones of massive sulphides within a steeply
NE-dipping sequence of felsic metavolcanic rocks. The lower zone carries up to
1.47% zinc over 43.05 metres including 3.46% zinc over 15.3 metres in addition
to significant copper mineralization and is locally gold enriched. This base
metal bearing zone has been confirmed over a strike length of approx. 75 metres
and to a vertical depth of approx. 175 metres (open). The mineralization is
shallow, with the lower zone starting at the base of the Palaeozoic sequence at
a depth of approximately 50 metres. The upper zone occurs approximately 150
metres stratigraphically above the lower zone and is locally gold enriched. Both
zones are open along strike and at depth (see "2008 Technical (NI 43-101) Report
on the McClarty Lake Property" by R. Kutluoglu and A.H. Bailes, dated June 11,
2008 and filed on SEDAR July 10, 2008).


In 2011, Hudbay completed a approx. 20 line kilometre surface pulse
electromagnetic survey over the Discovery zone as well as a 1,563 metre (3 hole)
drill program (News Release - January 12, 2012). Hole MCC001 intersected the
Discovery zone mineralization at a vertical depth of approximately 300 metres
(1.03% zinc over 15.63 metres including 3.58 % zinc over 3.05 metres). 


Troymet (100%) Claims

Troymet's 2011 exploration program on the MAC conductor identified the northern
extension of the horizon that hosts the Discovery zone (News Release - April 11,
2011). The results of the first-pass reconnaissance drilling program are
significant as they indicate the presence of a +2,000 metre long stratigraphic
horizon that carries base metal mineralization in the two locales, where tested.
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.


Strategic Alternatives Review

Troymet is currently evaluating the various strategic alternatives available to
Troymet with the goal of maximizing shareholder value. These alternatives may
include, but are not limited to, a consolidation of the common shares of
Troymet, the spinout of a property or properties of Troymet, joint ventures or
other business combinations involving Troymet. No decision on any particular
alternative has been reached at this time and there can be no assurance that the
review of strategic alternatives will result in any change in Troymet's current
operations, structure, assets or properties, that Troymet will pursue any
particular transaction nor that any transaction will be concluded. Troymet does
not intend to make any further announcement regarding the strategic alternatives
review unless and until its Board of Directors has approved a specific
transaction, if any, another course of action has been approved by the Board of
Directors of Troymet or the Board of Directors otherwise deems disclosure of
strategic alternatives developments is appropriate.


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

This press release may contain certain forward-looking information. In
particular, this press release contains forward-looking information in respect
of potential expenditures and a potential discovery on the McClarty Lake
project. All statements included herein, other than statements of historical
fact, are 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. This forward-looking
information reflects the Company's current beliefs and is based on information
currently available to the Company and on assumptions the Company believes are
reasonable. These assumptions include, but are not limited to, the actual
results of exploration projects being equivalent to or better than estimated
results in technical reports or prior exploration results, that the results it
has received and the interpretation thereof are reliable and future costs and
expenses being based on historical costs and expenses, adjusted for inflation.
Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity,
performance or achievements of the Company to be materially different from those
expressed or implied by such forward-looking information. Such risks and other
factors may include, but are not limited to: the early stage development of the
Company and its projects; general business, economic, competitive, political and
social uncertainties; commodity prices; the actual results of current
exploration and development or operational activities; competition; changes in
project parameters as plans continue to be refined; accidents and other risks
inherent in the mining industry; lack of insurance; delay or failure to receive
board or regulatory approvals; changes in legislation, including environmental
legislation, affecting the Company; timing and availability of external
financing on acceptable terms; conclusions of economic evaluations; and lack of
qualified, skilled labour or loss of key individuals. A description of other
assumptions used to develop such forward-looking information and a description
of other 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Troymet Exploration Corp.
Anthony Zelen
Investor Relations
1-888-456-4952
anthony@senergyir.com
www.troymet.com

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