TYE Troymet Exploration Corp.

Troymet Exploration Corp. (the "Corporation") (TSX VENTURE:TYE) is pleased to
announce that it has reached an agreement with R.H. McMillan ("McMillan") in
relation to the amendment of the option to purchase agreement for the Golden
Eagle Property among the Corporation and McMillan dated September 21, 2001
("Option Agreement"). The Option Agreement has been amended such that the
Corporation, at the discretion of McMillan, can issue shares to McMillan instead
of paying cash for the option payments. Pursuant to the amendment, McMillan has
agreed to accept payment of the $180,000 option payment by the Corporation
issuing 3,600,000 common shares to McMillan at a deemed share price of CDN$0.05
per share. The remainder of the Option Agreement will remain the same.


This news 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 Corporation's disclosure documents on the SEDAR website at
www.sedar.com. The corporation does not undertake to update any forward-looking
information except in accordance with applicable securities laws.

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