IP Inca Pacific Resources

Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the "Company") updates
exploration progress on its 100% owned (8,854 ha) Key project in British
Columbia. The Key property is strategically located between and adjacent to New
Gold Inc.'s Blackwater gold deposit and the 3Ts gold-silver deposit of
Independence Gold Corp. The Capoose silver deposit (New Gold Inc.) is located
approximately 12 km to the northwest.


Troymet has currently identified eight large target areas with significant gold
+/- silver +/- other element anomalies. Several trend towards the Blackwater
property and one anomaly is on the property border. Four of the anomalies lie
north of Good News Lake where wide spaced drilling by the Company in 2011 (5
holes) intersected anomalous porphyry style mineralization and a large
hydrothermal system with high sulphide content (News Release - May 9, 2011). One
of the anomalies encompasses an area with layered sphalerite mineralization in
tuffs/sediments on Tsacha Mountain (approx. 2.5 km north of Good News Lake), as
well as two strong, undrilled VTEM anomalies.


Kieran Downes, President and CEO, stated, "Troymet is very pleased with the
results of the soil sampling program. Distinct anomalies and trends have been
identified in the eastern half of the property and several are associated with
the GN and East Faults. Multiple new drill targets have been identified."


The Company's 2011 soil sampling program completed coverage of the eastern half
of the Key project, extending anomalous trends from the Company's 2010 soil
sampling program, and covering several important mineralized structures. Outcrop
exposure on the property is limited and areas with obvious fluvio-glacial
deposits and outwash material were avoided. Approximately 5,280 hectares of the
Key project have now been reconnaissance sampled. A total of 2,349 soil samples
were collected in 2011 making a total of approx. 4,500 soil samples collected in
2010-2011. All samples were analyzed for 51 elements including gold.


The Company is evaluating the numerous and extensive soil anomalies to
prioritize the targets and determine where induced polarization ("IP") surveys
are required to better define targets prior to drilling. A drilling program is
currently planned in the second quarter to test 8 priority targets (10 holes -
1,500 metres). Additional targets will likely be added following completion of
the IP surveys. The Company also plans to complete soil sampling, prospecting
and mapping over the western half of the property in summer 2012, in conjunction
with planned logging by forestry companies in the area.


Troymet is well financed and holds an exciting portfolio of precious metals and
base metals exploration properties. The Company will be exhibiting at the
Vancouver Resource Investment Conference 2012 on January 22-23, 2012. Please
visit us at booth 1607.


President & CEO, Kieran Downes, P. Geo., a qualified person as defined by
National Instrument 43-101, is responsible for the technical information
provided in this release. All samples were analyzed at ALS Chemex, Vancouver,
BC, an ISO 9001:2000 accredited facility. Casselman Geological Services Ltd. is
providing technical management to the Company.


TROYMET EXPLORATION CORP.

Kieran Downes, Ph.D., P.Geo., President, CEO & Director

This press release may contain certain forward-looking information. All
statements included herein, other than statements of historical fact, is
forward-looking information and such information involves various risks and
uncertainties. There can be no assurance that such information will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such information. A description of assumptions used to
develop such forward-looking information and a description of risk factors that
may cause actual results to differ materially from forward-looking information
can be found in the company's disclosure documents on the SEDAR website at
www.sedar.com. The company does not undertake to update any forward-looking
information except in accordance with applicable securities laws.

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