Trelawney Announces Chester Drill Program
TORONTO, ONTARIO--(Marketwire - Oct. 28, 2009) - Trelawney Mining and Exploration Inc. (the "Company") (TSX VENTURE: TRR) is pleased to announce the commencement of a 1,700 metre drill program on the Company's Chester Property located halfway between Timmins and Sudbury in Northern Ontario. The Chester Property was the site of extensive underground exploration on the #3 vein in the 1980s. Existing infrastructure include a production-ready (3 metres x 5 metres) decline with a length of 5,550 feet (1,675 metres) to vertical depth of 500 feet (150 metres) level, and over 2,300 feet (700 metres) of lateral development on five levels. Historical resources of 159,000 tons grading 0.43 opt (144,500 tonnes at 14.7 grams) were identified from the previous exploration activities. The Company has not completed sufficient work to classify the historical resources as current resources; accordingly these historical estimates should not be relied upon.
The majority of the exploration conducted on the Chester Property during the 1980's was located above the 200 metre level. The focus of the current drill program is to test the downdip extension of known gold bearing structures to a depth of 300 metres. Mineralization identified from this drilling may be accessed by extending the current decline. Previous underground exploration in the area encountered significant gold values as shown in the adjacent table.
--------------- --------------- --------------- --------------------------- Hole Vein Grade (oz/t) Length (feet)(i) --------------- --------------- --------------- --------------------------- 88U-74 3 0.15 4.0 --------------- --------------- --------------- --------------------------- 88U-74 3A 0.55 4.4 --------------- --------------- --------------- --------------------------- 88U-59 3A 1.44 5.8 --------------- --------------- --------------- --------------------------- 88U-69 3A 0.23 4.0 --------------- --------------- --------------- --------------------------- (i) Intersection length from historical drilling not true width. ---------------------------------------------------------------------------
Trelawney is currently in the process of securing the necessary regulatory approvals required to de-water and carry out a bulk sample and advanced exploration program on the Chester Property.
This press release has been reviewed and approved by David Beilhartz, B.Sc., P.Geo., Trelawney's Exploration Manager and Qualified Person as defined by NI43-101.
Trelawney is a Canadian junior mining and exploration company with a strategic focus on "Quality Ounce" gold deposits. The Company's current focus is directed towards the development and continued exploration of its newly acquired Chester Project, located in Chester Township 20 kilometres southwest of Gogama, Ontario.
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This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Trelawney Mining and Exploration Inc.
Greg Gibson
President and CEO
416-361-2826
ggibson@trelawneymining.com
Source: Trelawney Mining And Exploration Inc.
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