Trelawney Mining and Exploration Inc. (TSXV: TRR, Frankfurt: RTW) – Initiating Coverage – Near Term Production, Large Exploration Upside Potential

Fundamental Research Corp. | November 3, 2010 | 7:02 am

Investment Highlights

Trelawney Mining and Exploration Inc. is a TSX Venture listed junior mining and exploration company focused on bringing the flagship Chester Complex project to production.
The Chester Complex is located in north-central Ontario between Sudbury and Timmins. It has historic underground development that the company plans to use to bring the project into production by year end.
The company is aiming to produce 30,000 ounces of gold in the first 12 months at a rate of 250 tpd of high grade (~ 0.4 opt or 12 gpt) mesothermal vein type ore.