Trelawney Intersects 93.00 Metres of 1.68 g/t Gold from Continued Expansion Drilling at Cote Lake
19 September 2011 - 11:01PM
Marketwired
Trelawney Mining and Exploration Inc. (the "Company" or
"Trelawney") (TSX VENTURE: TRR)(FRANKFURT: RTW) announces the
results from 10 additional holes drilled on the Cote Lake Deposit
on the Chester Project located halfway between Timmins and Sudbury
in northern Ontario. The results are from the ongoing expansion and
infill drilling on the Cote Lake Deposit. Drilling continues to
intersect wide zones of low to moderate grade gold mineralization.
Highlights of the current drilling include:
-- Hole E11-81 - 265.00 metres of 0.73 g/t gold
-- Hole E11-82 - 86.00 metres of 0.91 g/t gold
-- Hole E11-84 - 93.00 metres of 1.68 g/t gold
-- Hole E11-86 - 1.00 metres of 158.25 g/t gold (4.62 oz/t Au)
-- Hole E11-90 - 540.00 metres of 0.59 g/t gold
Drillhole E11-81 was collared on section 92+50E and drifted onto
section 93+50E. Drilling on section 92+50E is being conducted in
the opposite direction (330 degrees Az) from most of the previous
drilling on the deposit to aid in proving continuity of the
mineralization in different orientations within the deposit. This
hole appears to have confirmed the continuity of mineralization,
but more importantly has extended the mineralization approximately
175 metres grid north below existing drilling on the adjacent
sections. This additional mineralization occurs within a potential
pit area.
Drill hole E11-82 was collared on a 100 metre step-out from
previously released results, increasing the total known strike
length of the deposit to over 1200 metres. The mineralization
encountered in this hole does not line up with the main trend of
the deposit and will require additional drilling to determine its
relationship to the deposit.
Infill hole E11-90, drilled on section 93+50E at an inclination
of 75 degrees, intersected mineralization down to a vertical depth
of approximately 710 metres, the deepest intersection of
mineralization to date.
The inferred resource of the Cote Lake Deposit currently stands
at 131 million tonnes grading 1.0 g/t for a total of 4.2 million
ounces gold as reported in Trelawney's press release dated March 7,
2011. To date, mineralization of the Cote Lake Deposit has been
intersected over a strike-length of 1200 metres and outcrops at two
known locations 500 metres apart. The zone remains open along
strike and at depth on all sections that have been drilled. In
section, the zone attains widths of up to 300 metres. The
mineralization delineated by drilling to date coincides well with a
NE-SW-trending IP anomaly. 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. The nature of the alteration and mineralization is
indicative of a porphyry-style deposit.
The expansion and exploration drill program currently includes
six drills working on the Cote Lake Deposit. Three drills continue
with the expansion drilling and three are undertaking infill
drilling.
Greg Gibson, Trelawney's President and CEO commented, "We are
very pleased with the continued results of the step out and infill
drilling. This additional information will be incorporated into our
upcoming resource estimate planned for late this year or early in
2012. We will continue our aggressive exploration program and
initial engineering studies to enable us to fast-track the
development of this deposit."
Cote Lake Deposit Drilling Results:
----------------------------------------------------------------------------
Gold Au cut Gold
Section Hole From To Length (g/t) Grade (oz/t) Comments
--------------------------------------------------
cut to
(m) (m) (m) uncut 25g/t(i) uncut
----------------------------------------------------------------------------
92+50E E11-81 110.00 113.00 3.00 0.82 0.02 infill
----------------------------------------------------------------------------
181.00 208.00 27.00 0.76 0.02
----------------------------------------------------------------------------
285.00 329.00 44.00 0.82 0.02
----------------------------------------------------------------------------
358.00 359.00 1.00 1.33 0.04
----------------------------------------------------------------------------
399.00 400.00 1.00 2.55 0.07
----------------------------------------------------------------------------
418.00 683.00 265.00 0.73 0.72 0.02
----------------------------------------------------------------------------
----------------------------------------------------------------------------
100m step-out
from previous
84+00E E11-82 15.00 19.00 4.00 1.10 0.03 drilling
----------------------------------------------------------------------------
26.00 41.00 15.00 0.41 0.01
----------------------------------------------------------------------------
74.00 75.00 1.00 1.27 0.04
----------------------------------------------------------------------------
115.00 201.00 86.00 0.91 0.03
----------------------------------------------------------------------------
250.00 251.00 1.00 5.08 0.15
----------------------------------------------------------------------------
----------------------------------------------------------------------------
100m step-out
from previous
84+00E E11-83 4.00 5.00 1.00 1.15 0.03 drilling
----------------------------------------------------------------------------
62.00 104.00 42.00 0.55 0.02
----------------------------------------------------------------------------
----------------------------------------------------------------------------
87+00E E11-84 133.00 134.00 1.00 1.32 0.04 outside resource
----------------------------------------------------------------------------
141.00 141.70 0.70 1.82 0.05
----------------------------------------------------------------------------
166.00 167.00 1.00 2.53 0.07
----------------------------------------------------------------------------
206.00 207.00 1.00 1.71 0.05
----------------------------------------------------------------------------
240.00 241.00 1.00 1.51 0.04
----------------------------------------------------------------------------
276.00 281.00 5.00 3.69 0.11
----------------------------------------------------------------------------
380.00 381.00 1.00 28.83 0.84
----------------------------------------------------------------------------
399.00 412.00 13.00 0.49 0.01
----------------------------------------------------------------------------
429.00 435.00 6.00 8.72 6.65 0.25
----------------------------------------------------------------------------
incl 432.00 433.00 1.00 38.76 25.00 1.13
----------------------------------------------------------------------------
475.00 568.00 93.00 1.68 1.60 0.05
----------------------------------------------------------------------------
incl 483.00 485.70 2.70 11.43 0.33
----------------------------------------------------------------------------
----------------------------------------------------------------------------
87+00E E11-85 46.00 48.00 2.00 2.93 0.09 outside resource
----------------------------------------------------------------------------
197.00 198.00 1.00 1.28 0.04
----------------------------------------------------------------------------
204.00 205.00 1.00 1.30 0.04
----------------------------------------------------------------------------
222.00 224.00 2.00 1.06 0.03
----------------------------------------------------------------------------
265.00 266.00 1.00 1.74 0.05
----------------------------------------------------------------------------
331.00 336.00 5.00 0.97 0.03
----------------------------------------------------------------------------
367.50 368.00 0.50 5.25 0.15
----------------------------------------------------------------------------
390.00 391.00 1.00 1.24 0.04
----------------------------------------------------------------------------
403.00 404.00 1.00 6.21 0.18
----------------------------------------------------------------------------
478.00 479.00 1.00 1.82 0.05
----------------------------------------------------------------------------
574.00 575.00 1.00 1.40 0.04
----------------------------------------------------------------------------
581.00 615.00 34.00 0.83 0.02
----------------------------------------------------------------------------
637.00 638.60 1.60 1.83 0.05
----------------------------------------------------------------------------
----------------------------------------------------------------------------
100m step-out
from previous
84+00E E11-86 33.00 35.00 2.00 1.63 0.05 drilling
----------------------------------------------------------------------------
55.00 56.00 1.00 1.33 0.04
----------------------------------------------------------------------------
63.00 64.00 1.00 1.72 0.05
----------------------------------------------------------------------------
115.00 116.00 1.00 158.25 25.00 4.62
----------------------------------------------------------------------------
----------------------------------------------------------------------------
100m step-out
from previous
84+00E E11-87 33.00 34.00 1.00 1.04 0.03 drilling
----------------------------------------------------------------------------
48.00 49.00 1.00 1.36 0.04
----------------------------------------------------------------------------
68.00 70.00 2.00 1.97 0.06
----------------------------------------------------------------------------
98.00 99.00 1.00 5.74 0.17
----------------------------------------------------------------------------
----------------------------------------------------------------------------
84+00E E11-88 94.00 95.00 1.00 1.33 0.04
----------------------------------------------------------------------------
----------------------------------------------------------------------------
83+00E E11-89 114.00 115.00 1.00 1.22 0.04
----------------------------------------------------------------------------
252.00 253.00 1.00 1.62 0.05
----------------------------------------------------------------------------
----------------------------------------------------------------------------
93+50E E11-90 108.00 129.00 21.00 1.22 0.04 infill
----------------------------------------------------------------------------
156.00 161.00 5.00 0.51 0.01
----------------------------------------------------------------------------
175.00 176.00 1.00 7.52 0.22
----------------------------------------------------------------------------
214.00 754.00 540.00 0.59 0.58 0.02
----------------------------------------------------------------------------
incl 214.00 223.00 9.00 1.01 0.03
----------------------------------------------------------------------------
incl 223.00 242.00 19.00 0.25 0.01
----------------------------------------------------------------------------
incl 242.00 397.00 155.00 0.83 0.82 0.02
----------------------------------------------------------------------------
incl 397.00 532.00 135.00 0.33 0.01
----------------------------------------------------------------------------
incl 532.00 595.00 63.00 0.15 0.00
----------------------------------------------------------------------------
710 metre below
incl 595.00 754.00 159.00 0.76 0.02 surface
----------------------------------------------------------------------------
Notes:
-- True widths of intersections are unknown at this time.
-- (i)Only intervals with assays cut to 25 g/t gold are shown.
-- Intervals are graded with a lower cut of 0.30 g/t with internal waste
and low grade material within graded zones of up to 20 metres in length.
Trelawney 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 5 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 of Trelawney, 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 continued exploration and development of
the Cote Lake Deposit, 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.
Contacts: Trelawney Mining and Exploration Inc. Greg Gibson
President and CEO 416-363-8567 ggibson@trelawneymining.com
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