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Trelawney Mining and Exploration Inc TWNNF



GREY:TWNNF - Post by User

Post by razzsson Jul 18, 2010 9:24pm
809 Views
Post# 17277884

Article...

Article...GOLD DEVELOPMENT: Underground rehab to advance Chester 1 mine project
DAILY NEWS
Jul 18, 2010 5:00 PM

GOLD DEVELOPMENT: Underground rehab to advance Chester 1 mine project


ONTARIO - Trelawney Mining and Exploration of Toronto is taking its Chester 1 property to the advanced underground exploration stage. The property is located near the town of Gogama.

The mine was developed between 1986 and 1989 but never reached commercial production. It has a 1,525-metre-long decline to a vertical depth of 150 metres and 700 metres of lateral development on five levels. The No.3 vein has a historical resource of 144,200 tonnes at 14.7 g/t Au.

Trelawney also controls the Chester 2 and Chester 3 properties. The three together have a historical resource of 1.8 million tonnes grading 0.26 g/t Au or 467,800 contained ounces.

Trelawney had begun portal and underground rehabilitation, and the company says that work should be complete by mid-August. Thereafter, it will proceed with stope preparation and mining. Earlier this year the company purchased a surface and underground electrical system, ventilation and mine air heating system, compressors, warehouse, workshop, offices and various pieces of mobile equipment.

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