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Trelawney Announces Acquisition of Chester Mining Claims and Geological Data
Published : February 25, 2011

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TORONTO, ONTARIO--(Marketwire - Feb. 25, 2011) - Trelawney Mining and Exploration Inc. (News - Market indicators)(FRANKFURT:RTW) ("Trelawney") announces that it has entered into an agreement to purchase three patented mining claims located in Chester Township, Ontario in consideration of the issuance of 50,000 common shares of Trelawney and a cash payment of $344,256.

In addition, Trelawney has entered into an asset purchase agreement to purchase confidential geological data, consisting mainly of historical drill logs, with respect to the Chester Project in consideration of the issuance of an aggregate of 500,000 common shares of Trelawney.

Both transactions are subject to receipt of regulatory and corporate approvals, including approval of the TSX Venture Exchange. The securities to be issued in connection with the transactions will be subject to a four month hold period from the date of issuance.

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.

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 more information, please contact

Trelawney Mining and Exploration Inc.
Greg Gibson
President and CEO
416-363-8567
416-216-8535 (FAX)
ggibson@trelawneymining.com

Trelawney Resources Inc.

EN DÉVELOPPEMENT
CODE : TRR.V
CUSIP : 988914 10 7
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Trelawney est une société d’exploration minière d'or basée au Canada.

Son principal projet en développement est CHESTER ONE au Canada et ses principaux projets en exploration sont MASSEY, MISHI, DORSET PROJECT et COTE LAKE au Canada.

Trelawney est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 583,5 millions CA$ (568,8 millions US$, 452,6 millions €).

La valeur de son action a atteint son plus bas niveau récent le 09 avril 2009 à 0,01 CA$, et son plus haut niveau récent le 15 juillet 2011 à 5,91 CA$.

Trelawney possède 177 366 000 actions en circulation.

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Financements de Trelawney Resources Inc.
17/05/2011Announces Filing of Preliminary Prospectus
10/05/2011Announces $50.0 Million Bought Deal Public Offerin
Nominations de Trelawney Resources Inc.
07/02/2012Announces Appointment of V.P. Environmental & Sust
04/07/2011Announces Appointment of Officers and Grant of Sto
Projets de Trelawney Resources Inc.
12/06/2012Intersects 316.00 Metres of 1.38 G/T Gold and 312.
15/05/2012Intersects 155.00 Metres Of 1.31 g/t Gold And 115.
10/04/2012Files NI 43-101 Technical Report and Resource Esti
05/03/2012Intersects 212.00 Metres of 2.09 g/t Gold from Inf
25/02/2012Announces Updated Resource of 5.9 Million Ounces I
14/02/2012Intersects 165.00 Metres of 1.20 g/t Gold at C=C3=B4t=C3=A9
06/12/2011intersects 583.00 metres of 0.77 g/t gold at C=C3=B4t=C3=A9
15/10/2011Commences Compulsory Acquisition of Augen Gold Cor
19/09/2011Intersects 93.00 Metres of 1.68 g/t Gold from Cont
10/09/2011Completes Acquisition of 21.6% Interest in Claim 2
29/08/2011Intersects 356.00 Metres of 1.35 g/t Gold from Con
26/08/2011MINING AND EXPLORATION INC. AND AUGEN GOLD CORP.
27/07/2011Uncovers New Exposure of C=C3=B4t=C3=A9 Lake Mineralization
20/06/2011Intersects 337.00 Metres of 0.94 g/t Gold at C=C3=B4t=C3=A9
30/05/2011(Chester One)Intersects 170.20 Metres of 1.01 g/t Gold Extends
04/04/2011Trelawney Intersects 304.00 Metres of 1.65 g/t Gold in 200=E...
07/03/2011(Cote Lake)Announces Initial Mineral Resource Estimate of 4.2 Million O...
26/02/2011Trelawney Announces Acquisition of Chester Mining Claims and
25/02/2011(Chester One)Announces Acquisition of Chester Mining Claims and Geologica...
14/02/2011(Cote Lake)Preliminary Metallurgical Testwork Yields Excellent Results ...
08/02/2011(Chester One)Intersects 243.10 Metres of 1.31 g/t Gold at the C
25/01/2011(Dorset Project)Intersects 95.40 Metres of 1.85 g/t Gold at the Co
Communiqués de Presse de Trelawney Resources Inc.
06/06/2012ISS And Glass Lewis Recommend That Trelawney Shareholders
29/03/2012Enters into Restated Amending Agreement on the Che
01/03/2012Trelawney Enters into Option Agreement with Falcon Gold to A
10/01/2012President Greg Gibson presenting at Dahlman Rose C
28/11/2011Completes Previously Announced Offering
24/11/2011at 2011 San Francisco Hard Assets Investment Confe
23/09/2011announces expiry of bid and additional tender of A
13/09/2011Announces that 87% of Augen Gold Corp. Shares have
11/08/2011provides update on offer for Augen Gold Corp.
09/08/2011Secures Additional Lock-up Agreements; 57% of Auge
28/07/2011Mails Offer Circular and Letter to Shareholders
11/07/2011Announces Intention to Make an Offer to Acquire Augen Gold C...
01/04/2011recognized as a TSX Venture 50 company
01/12/2010Provides Chester Project Exploration Update
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