Trelawney Mining and Exploration Inc TWNNF

Hit the Ground Running...

[digger144]

With this play we are going to see something a little different, then what we are normally use to.

It is obvious to me that their game plan is going to be Drill for Structure....Drift for Ore!

In otherwords, there is not going to be an extensive drilling program to establish a resource estimate from surface, rather they have a good idea from historical data of where the high-grade ore is and based on the historical data it is most definitely high-grade that they are going after!

They will concentrate their efforts from underground, using the extensive infrastructure from past mining exploration activities.  We must remember, that this operation was never put into production, they were victims of circumstances, namely the rapid drop in the price of gold at the time.

However, things have really changed since then and I believe the opportunity for success is high.  Their initial targets will be of the high-grade nature and should excite the market once we begin getting data of actual assay results and metallury from the bulk sample that will be first mined.  The bulk sample is simply a test amount of ore from the operation, the tonnage will be sufficient to get a good picture of what they are into and it will be tested to determine the best way to extract the gold from the ore at the Chester Property. As in any play of this nature, there is a certain amount of risk involved.  Historical data must become factual and as they progress from underground they must prove up additional resources to keep the operation moving forward.

I believe that their chances of success are very high and with the price of gold where it is today if they can begin to remove ore that contains .20 to .40 ounces per tonne  the share price will react accordingly....to the upside! 

What really caught my attention is their plans to drift over to the Chester 2 Property from underground at the Chester 1 Property...they are going to drift over to it...a distance of about 2 kilometers which will create a haulage route to connect the properties and remove ore from underground and bring it to surface.  This course of action is very aggressive and will lead to additional tonnage in the near future.  If I read this correctly, they have good reason to believe that along the way there is a very high probability of finding significant additional resources and they will set up drilling riggs underground to explore just that.  In otherwords, their game plan is a very aggressive underground approach rather than from surface.  From underground they will eliminate a significant amount of ground that they would have to penetrate from surface before they reached the target areas....very nice!  As they locate mineable ore they will bring it to surface to be shipped to be Toll Milled.  I love this strategy in this particular operation. 

Things are going to move quickly here and I believe most investors are not familiar with this type of play.  It is most definitely different from other Junior Plays.  If they can execute, the share price will begin to move upwards as they get rewarded for their efforts and the market begins to get a feel of what they are attempting to do.

And....the bonus...the real kicker....Cote Lake Discovery!

Digger144