Trelawney Mining and Exploration Inc TWNNF

Re: Buyout

[lemooseman]

    Is there an operating mine in close proximity to Cote that such a company  would be able to process TRR. ore in their mill  . Or do you think one of the majors would move in a build a facility.

[gamblor77]

TRR is constructing their own mill later this year (as per the NR this morning). I remember seeing that they they planned to mill up 30k oz initially and ramp up to +60k oz/year following. So like I said before, that's quite the bold statement to make so  they obviously have the ounces. I would guess somewhere in the neighbourhood of 2-4 million oz to date (which the 43-101 next month

[digger144]

Hey Gamblor77...You are getting a little ahead of yourself.Yes, they are going to erect a Processing Mill on site at the Chester Complex but it will only be a Temporary Mill with only small scale operating capabilities.It will be constructed to only handle the underground ore from the Chester Complex which should amount to about 500 tonnes per day within the next 24 months.  Their short term

[gamblor77]

hahaha oops, I think I may have connected the dots in the wrong way and definitely got ahead of myself there. Thanks for the clarification, that makes much more sense and explains the situation nicely.Cheers.Gamblor.

[zip14]

This post has been removed in accordance with Community Policy