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Strategies & Market Trends : Ride the Tiger with CD

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From: Veteran987/27/2011 9:51:52 AM
   of 313069
 
TRR... Trelawney drills 153 m of 1.75 g/t Au at Cote Lake
Ticker Symbol: C:TRR Trelawney drills 153 m of 1.75 g/t Au at Cote Lake Trelawney Mining and Exploration Inc (C:TRR)
Shares Issued 141,507,044
Last Close 7/26/2011 $4.90
Wednesday July 27 2011 - News Release

Mr. Greg Gibson reports

TRELAWNEY UNCOVERS NEW EXPOSURE OF COTE LAKE MINERALIZATION

Trelawney Mining and Exploration Inc. has discovered of a new outcrop exposure of the Cote Lake mineralization and the release of additional drill results from the Cote Lake Deposit on the Chester Project located halfway between Timmins and Sudbury in northern Ontario.

The new outcrop exposure of the Cote Lake Deposit is located 500 metres to the southwest of the previous surface outcrop which occurs on line 92+00E. The new exposure is located on line 87+00E, approximately 75 metres south of previously reported hole E11-53. The mineralization is found in an irregularly shaped, 12 metre by 16 metre outcrop which has been stripped and washed. The zone is highly sodic altered and mafic breccia fragments can clearly be observed in the highly altered matrix. Assays for 22 samples taken evenly spaced in a 2 metre grid pattern from this zone averaged 1.38 g/t gold with the highest sample returning 5.57 g/t gold. Additional exploration in this area is being completed, with several other highly altered outcrops stripped and washed with more sampling planned.

The expansion and infill drilling on the Cote Lake Deposit continues to intersect wide zones of low to moderate grade gold mineralization. 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.
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