🕐21.09.10 - 04:54 Uhr

Trelawney Intersects 137.00 Metres of 5.33 g/t Gold at the Cote Lake Deposit



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Trelawney Intersects 137.00 Metres of 5.33 g/t Gold at the Cote Lake Deposit

TORONTO, ONTARIO--(Marketwire - Sept. 8, 2010) - Trelawney Mining and Exploration Inc. (the "Company") (TSX VENTURE: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 E10-26 � 292.04 metres of 0.88 g/t gold Hole E10-27 � 137.00 metres of 5.33 g/t gold within a larger envelope of 274.60 metres of 2.99 g/t gold Hole E10-04 extension � 17.90 metres of 8.06 g/t gold

The results being reported are from the recently discovered Cote Lake Deposit. The holes are located on several sections as noted in the table below. The mineralized intersections in holes E10-26 and E10-27 are located 100 metres apart on adjacent sections. Hole E10-27 is about 130 metres below previously reported hole E10-14 (1.62 g/t gold over 65.0 metres) and about 100 metres west and 50 metres below the previously reported high grade intersection in hole E10-04 (8.20 g/t gold over 107.11 metres).

To date Trelawney has drilled 34 holes totaling over 15,000 metres on the Cote Lake deposit. Of the 34 holes drilled, 27 have been reported on. Mineralization has now been intersected on five sections spaced 100 metres apart (92E to 96E) and traced to depths of up to 500 metres. On the most complete section, 93+00E, the mineralized envelope has a width of over 400 metres in section. The wide zones of low to moderate grade gold +/- copper mineralization are 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 and chloritic. The mineralization and alteration envelope associated with this system remains open to the north at depth, to the south and along strike.

The expansion and exploration drill program continues with two rigs defining the extent of the Cote Lake deposit and a third rig exploring other targets on the 1,700 hectares (4,200 acre) Chester Property. Trelawney surface crews have also commenced outcrop stripping and washing in the area of the Cote Lake discovery.

Greg Gibson, Trelawneys President and CEO commented, "We are very pleased with the success of this ongoing drill program and the exceptional results we have reported today. These large intervals of gold mineralization significantly expand the tonnage potential of this new deposit. We will continue to aggressively explore and expand Cote Lake while moving our high grade underground projects (Chester 1 and 2) forward."

Cote Lake Deposit Drilling Results: Gold (g/t) Au cut Grade Gold Oz/t Section Hole From (m) To (m) Length (m) uncut cut to 50g/t* uncut 93+00E E10-20 59.24 98.13 38.89 0.72 0.02 178.90 179.93 1.03 4.23 0.12 200.00 201.00 1.00 6.40 0.19 95+00E E10-21 90.80 127.50 36.70 0.91 0.03 255.00 256.00 1.00 36.10 1.05 94+00E E10-22 0.72 1.50 0.78 6.12 0.18 9.93 10.57 0.64 2.48 0.07 35.67 55.40 19.73 0.30 0.01 112.00 179.24 67.24 0.32 0.01 95+00E E10-23 171.00 228.94 57.94 1.49 0.04 incl 205.13 215.14 10.01 6.33 0.18 incl 205.13 207.37 2.24 22.59 0.66 96+00E E10-24 28.50 64.50 36.00 1.02 0.03 98.50 99.00 0.50 6.94 0.20 147.00 154.20 7.20 1.76 0.05 197.00 369.98 172.98 0.36 0.01 incl 197.00 214.00 17.00 0.98 0.03 96+00E E10-25 397.00 398.00 1.00 1.39 0.04 403.00 404.00 1.00 1.63 0.05 93+00E E10-26 241.56 533.60 292.04 0.88 0.03 92+00E E10-27 182.50 209.50 26.50 0.38 0.38 0.01 335.40 610.00 274.60 2.99 2.30 0.09 incl 349.90 486.90 137.00 5.33 3.94 0.16 incl 368.45 369.95 1.50 61.93 43.27 1.81 and incl 368.95 369.45 0.50 91.50 50.00 2.67 and incl 407.80 408.95 1.15 102.63 38.07 2.99 incl 457.05 458.05 1.00 87.63



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