Trelawney Mining and Exploration Inc TWNNF

Comments on Section 88 and 89

[beachman]

The upcoming results from Section 88 should include holes 48 and 50 collared about 200m apart .  These two holes will provide the equivalent of 300m of thickness information from this section.  Extrapolation beyond this is OK but not recommended.  Same thing applies to section 89 with holes 49, 52 and 53.

Together the completion of these two sections could add 20 million plus tonnes to the resource and approx. three quarters of a million ounces.  Assuming the drills actually hit their target, which is a low risk bet, we should get a decent share price pop.  If grades improve relative to section 89  the pop will be bigger.   If the price of gold keeps rising the pop may be even bigger.

I would personally expect results to be released from these sections sooner rather than later.  I'm hoping for at least a partial release perhaps even this week.

By the way did you know that the Cote Lake property is only 9 km off the main highway between Sudbury and Timmins?  The location does not get much better.  Nevada would be nicer but it's way too hot there.