Trelawney Mining and Exploration Inc TWNNF

From PDAC

[4u]

Talked with management today at PDAC, Results from Augen drilling before year end and threy'll be using a barge this summer to drill Cote Lake, which they'll eventually drain and divert.

[letsgetready]

from PDAC: 1. TRR have identified the start of Cote Lake, its the SW edge, and mineralization moves NW from there..with the grade getting better..so as we move N/NW, TRR expects stronger grades 2. Costs should be around $700/tonne. 3. It profitable to mine the 0.3 g/t at current gold prices. so it should be included in resource calc'n as it will add to total profits in long run..i.e better

[cookster9]

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[4u]

Also told a starter pit should be ready to go by 2014.

[godisgr81]

Greg Gibson lamented in the past that our costs should be around $500/oz. Maybe higher costs associated with going deeper perhaps? Any thoughts?

[cookster9]

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[godisgr81]

Just don't be surprised if there is another PP this year but likely will be at much high sp.

[cookster9]

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