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Troymet Reports Exploration Progress at Redhill VMS Project in British Columbia

Troymet Exploration Corp. is pleased to update exploration progress on its Redhill volcanogenic massive sulphide (VMS) project in British Columbia. Troymet has completed the first phase of its data compilation and property examination, and has identified a number of highly prospective drill targets in the Alpha zone.

Alpha Zone

The Alpha zone, approximately 2.0 X 2.5 km, encompasses a sequence of felsic to intermediate volcanics, the historic "Redhill zone", as well as an extensive area of untested soil anomalies (copper, zinc, silver). The volcanics, associated alteration and mineralization are interpreted to represent a stringer zone in the footwall of a VMS exhalative system.

A primary target is an untested, strong, off-hole Pulse electromagnetic (EM) conductor in the vicinity of hole RH-06-25 which intersected 8.97% copper, 4.96 % zinc, 1.27 g/t gold and >30.0 g/t silver over 2.04 metres, including 10.15% copper, 5.45% zinc, 1.41 g/t gold, and >30.0 g/t silver over 1.74 metres. Troymet has re-logged and confirmed this mineralized intersection. The untested off-hole Pulse EM conductor indicates extensions to this mineralization. (Avalon Ventures Ltd. News Release, October 31, 2006).

A 2006 fixed-loop transient EM (FLTEM) survey identified 11 EM conductors in an area ~600 X 1,100 metres. The mineralization in hole RH-06-25 is associated with a medium strength, 200 metre long conductor. Conductors along strike, and other nearby stronger conductors, have not been drill tested. (British Columbia ARIS (Assessment Report Indexing System) Report #28525).

Prior to drilling, Troymet plans induced polarization (IP/R) and EM surveys to identify additional drill targets associated with the EM conductors and the soil anomalies, as well as to explore un-surveyed portions of the Alpha zone.

Beta Zone

The Beta zone, approximately 2.5 X 2.5 km, encompasses a sequence of felsic to intermediate volcanics, graphitic sediments, iron formation +/- locally laminated semi-massive to massive sulphides containing pyrrhotite +/- pyrite +/- minor chalcopyrite. Borehole S83-4 is reported to have intersected stringer zone mineralization grading 2.54% copper, 2.78% zinc, 77.0 g/t Ag, and 0.37 g/t Au over 7.75 metres. (British Columbia ARIS (Assessment Report Indexing System) Report #28371). There is no core extant from this hole for re-logging or confirmatory sampling. The Beta zone appears to stratigraphically overly the Alpha zone in the volcanic sequence. Numerous EM, IP/R and magnetic anomalies are present. Troymet is evaluating the geology, geochemistry and the EM, IP/R and magnetic anomalies to identify drill targets.

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