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Trelawney Intersects 95.40 Metres of 1.85
g/t Gold at the Cote Lake Deposit
January 25, 2011 -
Toronto, Ontario - Trelawney Mining and Exploration Inc. (the �Company� or
�Trelawney�) (TSXV:
TRR, Frankfurt: RTW )
announces additional drill results from the Cote Lake
Deposit on the Chester Project located halfway between Timmins and Sudbury
in northern Ontario. Highlights of the drilling program include:
- Hole E10-41 � 250.20 metres
of 0.90 g/t gold
- Hole E10-42 � 95.40 metres
of 1.85 g/t gold and 184.25 metres of 0.95
g/t gold
- Hole E10-43 � 118.16 metres
of 0.58 g/t gold and 236.26 metres of 0.76
g/t gold
Expansion drilling of the Cote Lake deposit continues to intersect
wide zones of low to moderate grade gold mineralization both at depth and
along strike to the southwest. Hole E10-41 is an
overcut of hole E10-40 on section 89+00E; hole E10-40 intersected 229.40 metres of 1.32 g/t gold (see press release of January
5, 2011). Holes E10-42 and E10-43 are undercuts on sections 95+00E and
94+00E, respectively, and continue to indicate that the mineralization
remains open at depth on all sections that have been drilled.
The Cote Lake Deposit consists of low to moderate grade gold +/- copper
mineralization which is associated with brecciated intermediate to felsic,
and locally mafic intrusive rocks. Mineralization occurs in the form of
disseminated and fracture-controlled sulfides which generally correlate to
the gold values. Visible gold is commonly observed. The zones are bleached
with the prevalent alteration being feldspathic, chloritic and biotitic. The nature of the alteration
and mineralization is indicative of a porphyry-style deposit.
Greg Gibson, Trelawney's President and CEO commented, �We are very pleased
with the continuation of the mineralization to depth and to the southwest.
To date the grades and size of the mineralized intervals encountered at
relatively shallow depths in the Cote Lake Deposit continue to demonstrate
the large size and open pit potential of the mineralized system.�
The expansion and exploration drill program has resumed with four drills
currently on site and a fifth planned to commence next week. The majority
of the winter drilling will be on the wetlands southwest of the known
mineralization. Additional geophysical work has been completed to the west
and south of the deposit with results expected shortly. Work has commenced
on the initial resource estimate and will be finalized within the first
half of 2011.
Cote Lake Deposit
Drilling Results: 
Trelawney Mining and Exploration has implemented a Quality-Control, Quality
Assurance program to ensure best practice principals are being applied in
the sampling and analysis of the drill core. Samples are crushed to -8 mesh then a 1,000 gram subset of each sample is
pulverized to 90% passing -150 mesh. Assays have been completed using a
standard fire assay with a 30 gram aliquot and an AA finish. For samples
that return values of between two to five grams per tonne
gold, another pulp is taken and fire assayed with a gravimetric finish.
Samples returning values greater than five grams per tonne
are re-analyzed by pulp metallic analysis NQ size drill core is saw cut,
and half the drill core is sampled in standard intervals. The remaining
half of the core is stored in a secure location. The drill core is
transported in security-sealed bags to the Accurassay
prep lab in Sudbury, Ontario by Trelawney personnel. Accurassay
is an ISO/IEC 17025 certified Laboratory by the Standards Council of
Canada. In addition to quality assurance controls at the laboratory, blanks
and certified standards have been inserted into the sample stream at random
intervals.
David Beilhartz, Vice President, Exploration for
Trelawney Mining and Exploration, a Qualified Person under NI 43-101, has
prepared or supervised the scientific or technical information for the
property and verified the data disclosed in this press release.
Trelawney is a Canadian junior mining and exploration company with a focus
on Archean gold deposits. The Company's current
focus is directed towards the development and continued exploration of the
Chester Project, located in Chester Township 20 kilometres
southwest of Gogama, Ontario.
For further
information contact:
Greg Gibson, President and CEO
416-363-8567 or ggibson@trelawneymining.com
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.
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.
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