Troymet Makes Progress at McClarty Lake

The Big Picture:

  • Manitoba dig intersects gold and silver
  • HudBay in joint venture

Troymet Exploration Corp. 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 (344 hectares) owned 100% by Troymet and two claims (252 hectares) held in a Joint Venture between HudBay (60%) and Troymet (40%).

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.

Hole # From (m) To (m) Interval (m) Zinc (%) Copper (%) Gold (g/t) Silver (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

Posted January 12, 2012

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