Trelawney Mining and Exploration Inc.
TSX VENTURE : TRR

Trelawney Mining and Exploration Inc.

February 23, 2009 08:00 ET

Trelawney Intersects Gold in "B" Zone in Wawa, Ontario

TORONTO, ONTARIO--(Marketwire - Feb. 23, 2009) - Trelawney Resources Inc. (TSX VENTURE:TRR) reports that assay results have been received from all eight holes from a drilling program completed on the Dorset property in late 2008. Drilling was focused in the immediate vicinity of the recently stripped area of the Dorset "B" zone to test near surface gold mineralization. All holes returned significant gold mineralization (see press release dated November 12, 2008). Examples of gold results are 7.52 g/t gold over a core length of 2.5 metres in drill hole DB-08-02 and 2.78 g/t gold over a core length of 3.3 metres in drill hole DB-08-06.



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Hole From To Grade (g Au/ t) Core Length (m)
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DB-08-01 (-45 degrees) 13.3 21.4 1.04 8.1
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(ii) including 16.4 17.4 2.01 1.0
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(ii) including 20.5 21.4 2.72 0.9
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DB-08-02 (-85 degrees) 20.9 28.1 4.01 7.2
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(ii) including 25.6 28.1 7.52 2.5
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DB-08-03 (-45 degrees) 14.8 16.6 3.77 1.8
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DB-08-04 (-70 degrees) 17.0 20.0 1.16 3.0
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(ii) including 18.0 19.5 1.54 1.5
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DB-04-05 (-45 degrees) 4.0 7.6 1.93 3.6
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(ii) including 5.7 7.6 3.14 1.9
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(ii) including 6.2 7.2 4.57 1.0
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20.3 22.8 3.19 2.5
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DB-08-06 (-45 degrees) 22.8 28.0 1.99 5.2
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(ii) including 23.3 26.6 2.78 3.3
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35.0 36.0 1.71 1.0
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41.55 41.80 2.66 0.25
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DB-08-07 (-45 degrees) 55.2 56.8 0.42 1.6
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DB-08-08 (-70 degrees) 34.2 34.8 1.01 0.60
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(ii) previously released


This drilling program was conducted as follow up the mechanical stripping of the Dorset "B" zone completed in the fall of 2008. The stripping program revealed that the Dorset "B" zone is structurally complex and intensely folded and additional drilling will be required to determine the plunge direction of a major fold structure.

All split and/or sawn core drill and channel samples were submitted to Swastika Laboratories located in Swastika, Ontario. All gold assaying was performed using a 30 g standard fire assay with an AA and / or gravimetric finish.

Further exploration of the Dorset Property is currently being planned, and will included mechanical stripping, and additional diamond diamond drilling. This next exploration and drilling program will require the approval the joint venture committee.

For more information, including pictures of recent drill core, drill hole location plan and idealized cross sections, please visit the Company website at www.trelawneyresources.com.

Trelawney President Wayne O'Connor stated, "The current Inferred Resource for the B zone alone stands at 40,000 ounces of gold (with a grade of 1.85 g/t Au). Assay results from this drilling program, and the surface channel samples confirms that significant near surface gold mineralization exists. Additional drilling is required to not only to add to our current resources, but to outline an area of the Dorset "B" zone which may represent an open pit resource."

On the Dorset property, Trelawney initially earned a 50% interest in the project, and a joint venture has now been formed with MetalCORP Limited. Trelawney is the manager of the Joint Venture and has presented an exploration program for 2008/2009 with an estimated budget of approximately $476,000. MetalCORP has decided not to participate in this phase of the program, and their interest in the project will be diluted below 50% pursuant to the standard dilution clauses contained within the agreement. Once this phase of exploration is completed Trelawney will have earned a 54% interest in the property.

In the fall of 2008, Trelawney commissioned a National Instrument 43-101 compliant resource estimate on the Dorset Zone and the results were reported in a press release dated October 31, 2007. The initial estimate (using a 0.50 g Au/t cut off) consists of an Indicated Resource of 40,000 ounces of gold (780,000 tonnes grading 1.42 g/t Au) and an Inferred Resource of 180,000 ounces of gold (4,760,000 tonnes grading 1.19 g/t Au). The complete report can be accessed on www.sedar.com.

Trelawney also owns a 100% interest in the 13,000 acre Mishi property which is contiguous to Wesdome's producing Eagle River Gold Mine, the Dorset property and the Mishibishu Lake property. The area is traversed by an all weather road and power line.

Robert Duess, P. Geo. is a "Qualified Person" as defined in National Instrument 43-101 and is responsible for the technical information presented in this news release.

Shares Issued: 89,752,688

Statements in this press release regarding the Company's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.

This press release contains forward looking statements within the meaning of applicable Canadian and U.S. securities regulation, including statements regarding the future activities of the Company. Forward looking statements reflect the current beliefs and expectations of management and are identified by the use of words including "will", "anticipates", "expected to", "plans", "planned" and other similar words. Actual results may differ significantly. The achievement of the results expressed in forward looking statements is subject to a number of risks including those described in the Company's information form as filed with the Canadian securities regulators which are available at www.sedar.com. Investors are cautioned not to place undue reliance upon forward looking statements.

The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.

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