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Troymet Exploration Corp.

11:49 AM EST - Troymet Exploration Corp. : Updated progress on its McClarty Lake VMS project, in Manitoba. The McClarty Lake property is located 47 kilometres southwest of Snow Lake, MB and comprises eight contiguous mineral claims totaling 936 hectares. Troymet owns 100% interest in three of the claims (344 hectares) and a 40% interest in five claims (588 hectares) in a Joint Venture with Hudbay Minerals Inc. Under the terms of the Joint Venture Agreement, Hudbay must contribute $1,151,052 in joint venture expenditures before Troymet is required to fund its participating interest. Troymet Exploration Corp. shares V.TYE are trading unchanged at $0.01.