Troymet Exploration Corp. reported earnings results for the year ended October 31, 2011. For the period, the company reported loss before interest and taxes of CAD 940,343 compared with CAD 631,717 for the same period last year. Loss before income taxes was CAD 929,626 compared with CAD 630,667 for the same period last year. Net loss and comprehensive loss was CAD 827,594 or CAD 0.01 basic and diluted per share compared with CAD 543,596 or CAD 0.01 basic and diluted per share for the same period last year. Cash used in operating activities was CAD 410,684 compared with CAD 343,918 for the same period last year. Capital expenditures was CAD 2,020,969 compared with CAD 207,040 for the same period last year. The company anticipates a winter 2012 diamond drilling program on the HudBay joint venture claims as well as on its 100% owned claims. The Key project offers the potential for VMS, epithermal gold-silver and porphyry copper-molybdenum discoveries, and is strategically located between the Blackwater gold deposit and the 3Ts gold-silver deposit Soil sampling and geophysical coverage over the eastern half of the property has identified eight large target areas for drill testing. A drilling program is currently planned for spring 2012. 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.