Troymet Exploration Corp. updated exploration progress on its Wildcat gold-silver project located in the Detroit Mining District, an historic gold producing region in the northern Drum Mountains of central Utah. Troymet's exploration focus is gold and silver mineralization in veins, stockworks, breccias and bulk-tonnage deposits along the Joy Fault, and in structural/stratigraphic hosts in Cambrian carbonate rocks.

Troymet's initial exploration in the Southeast (SE) target area pointed to the likelihood of untested precious metal mineralization at shallow depths associated with anomalous soil and rock chip geochemistry (some rock chip values are again reported below in summary form for the sake of completion). Subsequently, Troymet completed detailed geological and structural mapping, soil and rock geochemical sampling, hand trenching and detailed bi-directional ground magnetic and EM surveys in order to identify specific drill targets. The Rattler Breccia is developed in a structurally complex location on the Joy Fault.

Several significant faults, either mapped in the field or interpreted from geophysics, intersect at or near the breccia. As well, the detailed geophysical survey suggests the possible existence of a step-over structure up to 200 meters wide in the hangingwall of the Joy Fault. The breccia and adjacent carbonate host rocks are strongly anomalous in gold and other trace elements associated with epithermal and carbonate-hosted gold deposits.

Three select rock chip samples of the breccia grade from 0.115 to 2.46 ppm gold (average 1.29 ppm), with tellurium (assayed in two samples) concentrations of 15 ppm and >500 ppm. Adjacent variably decalcified and silicified carbonate rocks range up to 3.94 ppm gold (Au), >500 ppm tellurium (Te), 37 ppm mercury (Hg), 283 ppm antimony (Sb), and 45 ppm thallium (Tl). The anomalous values of Au, Ag, As, Sb, Te, Hg and Tl in carbonate rocks is notable and indicates the potential for mineralization in feeders and as replacement deposits in carbonates.

The presence of Au and Te in the mineralization indicates similarities with the mineralization on High Grade hill in the Core target area approximately 2,700 metres to the northwest. The Rattler Breccia is exposed in Cambrian limestones in the footwall of the Joy Fault adjacent to a large recessive zone along the margin of the Thomas Caldera. Rounded clasts of probable Prospect Mountain Quartzite indicate significant hydrothermal transport in the breccia (>300 metres).

The immediate target area is 100 metres x 50 metres but may be larger. Drilling will target structures and prospective calcareous siltstone/sandstone beds of the Big Horse member of the Orr Formation, which hosts most gold mineralization exposed elsewhere on the Wildcat property. It is anticipated that multiple fault intersections could have provided a broad zone of structural preparation in these favorable host rocks to produce a significant zone of gold mineralization at relatively shallow depths.

There is no record of prior drilling on the Rattler Breccia. Troymet's rock and soil samples are analyzed by ALS Global in Reno, Nevada, an ISO/IEC 17025:2005 accredited facility.