CALGARY, ALBERTA--(Marketwired - May 19, 2015) - Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the "Company") is pleased to report that the initial field program on the Wildcat gold-silver project, Utah, has commenced. Management is currently enroute to the project and a field crew is mobilizing to the property. Since optioning the property in February 2015, Troymet has completed a collation and analysis of [...]
CALGARY, ALBERTA--(Marketwired - Mar 25, 2015) - Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the "Company") reports that New Gold Inc. (TSX:NGD) ("New Gold") has completed its committed expenditure of $1,500,000 on mineral exploration on the Key property in British Columbia. In December 2013, Troymet completed the sale of its 100% interest in the Key property to New Gold. As part of the transaction, New Gold [...]
CALGARY, ALBERTA--(Marketwired - Mar 19, 2015) - Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the "Company") is pleased to update progress on its McClarty Lake VMS project, in Manitoba. The McClarty Lake property is located 47 kilometres southwest of Snow Lake, MB and comprises five contiguous mineral claims totalling 596 hectares. Troymet owns 100% of three of the claims and holds a 40% interest in two [...]
Troymet is pleased to report that Troymet's wholly owned subsidiary, Troymet USA Corp. a wholly owned subsidiary of Renaissance Gold, on the Wildcat gold project. Under the terms of the Option, Troymet USA may acquire a 70% interest in the Wildcat Project by paying RenEx US$50,000 in cash, reimbursing the 2014 claim fees of US$8,219, incurring US$3 million on exploration and development over seven years in staged [...]
Troymet has granted 1.35 million options to purchase common shares of Troymet to directors and officers of Troymet in accordance with the Company's stock option plan. All of the options have an exercise price of $0.05 per share, vest immediately and expire 10 years from the date of issuance. Troymet has determined that exemptions from the various requirements of the TSX Venture Exchange Policy 5.9 and Multilateral [...]
Troymet Exploration reports it has terminated its option on the Thelon project, Nunavut. The project is no longer considered core to Troymet's business as the Company seeks to further control costs. Troymet is conducting due diligence on a number of potential business transactions. Troymet is aggressively pursuing these various opportunities and is continuing to review proposals that meet the Company's criteria for [...]
Troymet reports the results of a reconnaissance prospecting program conducted on the southern extension of the Skarn zone, on the Company's 100% owned Golden Eagle project in northern British Columbia. Prospecting has identified elevated to anomalous gold, silver, arsenic, bismuth, copper, mercury, antimony and tellurium values within an area of approximately 1,300 m x 900 m along the Paddy Fault system (map links [...]
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