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Bullboard - Stock Discussion Forum Trelawney Mining and Exploration Inc TWNNF

GREY:TWNNF - Post Discussion

Trelawney Mining and Exploration Inc > Getting to the Source...
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Post by digger144 on Sep 22, 2011 6:57pm

Getting to the Source...

Well...there is no doubt about it...the source of the Cote Lake Deposit is to the North...North West!

We now have sufficient evidence to support this...by the way...it is in close proximity to the shared border that we once had with Augen Gold...of course that border is now history and belongs to us!

It is very clear why initial drilling on Section 93+00E was terminated in mineralization as they approached the shared border with Augen Gold...further drilling to depth would of confirmed the story!

I believe that the best way to get a broad perspective of what is happening at the Cote Lake Deposit we should use Cross Section Diagram 93+00E which includes drilling results released to-date.

Click on the following:

https://www.trelawneymining.com/August-2011-Cross-Sections/L93+00.pdf

Once there you will discover (you must take your time with this) that drill holes from adjacent sections have been included namely, hole E11-81 drilled on Section 92+50E & hole E11-90 drilled on Section 93+50E...these two holes are very, very important! The holes drilled on Section 93+00E will begin from surface, just follow the holes from surface to depth....the other two holes mentioned will be paritally displayed but illustrated on their appropriate headings and depth readings.

Hole E11-81...this hole was drilled approximately 150 metres from Section 93+00E and drilled South to North rather than North to South as in previous drilling and was collared in a heading where it could cover a very good cross-section of the Cote Lake Deposit. The most important finding from this hole is that it has extended the Cote Lake Deposit an additional 175 metres on a bearing North...this is most excellent...think of the additional tonnage and ounces. This hole was terminated in mineralization...they will pick it up once they spot a drill further North and aim it on a heading North to South....more than likely about 600 metres further North from hole E11-81.

Hole E11-90...this hole leaves the door wide open in terms of the expansion of the Cote Lake Deposit moving North towards our once shared border with Augen Gold and also which is very much significant....the mineralization opportunity at depth! Hole E11-90 has now confirmed that the mineralization in this region of the Cote Lake Deposit extends to a vertical depth of 710 metres...Fantastic!

Just think of this in terms of adding ounces...the Initial NI 43-101 involved a maximum depth of 550 metres! I have mentioned this before on a few different occassions...we are going deeper! The real exciting thing about this is that I believe the probability of extending the mineralization further to depth and to the North is excellent. We have a "dip" heading North and the findings point to further expansion!

I have mentioned that I believe that there are 1 million ounces between the last holes drilled to the North..North West and the once shared border with Augen Gold...the lastest findings support this statement and there is no doubt that with the factual information recently released they will easily achieve this as they move their drills into the area.

Expansion...Expansion...Expansion!

With the Augen Gold Deal nearing completion...I cannot wait for the drills to begin to "do the talking" and reveal what is actually there! Remember, they will follow the "dip" and there is no telling what they are going to find!

Exciting Times...Indeed!

Digger144

P.S. Greg Gibson...."we are looking to double the existing resources"...What do I think about this
statement...No Problem!...No Problem whatsoever!
Comment by dogwag on Sep 23, 2011 6:30pm
DIGGER.Why do you think I was so pissed off with TRR buying GLD for .0862,Gibson knew that they had gold to the north and needed the GLD land not only for the pit design but for expansion.I still feel that the GLD shareholder got f%cked here and you know as well as I that they did.You are posting this now as the deal is done but I still hate when the little guy gets f%cked.I am now a TRR ...more  
Comment by Rocck on Sep 24, 2011 8:49am
DogwagYou have minority shareholder rights and remedies available to you if you did not tender. Unfortunately the courts will look at the 93% that tendered and will suggest that the price paid was fare, unless of course the company did not disclose material information regarding the transaction, or the BOD did not act in the best interest of the shareholder's, well that's a totally ...more  
Comment by digger144 on Sep 24, 2011 2:43pm
Hey Dogwag..No doubt...you are a very passionate individual...a little "high strung" at times but a decent person.Having said that...you must learn to keep the emotions in check and do not lose out on an outstanding opportunity....patience my friend..patience.The discontented Augen Gold shareholders are being greeted with "open arms"...in otherwords..the savvy investors are ...more