Trelawney Mining and Exploration Inc.
TSX VENTURE : TRR

Trelawney Mining and Exploration Inc.

May 03, 2007 14:41 ET

Trelawney Starts Deep Drilling and Expands Drilling Program

TORONTO, ONTARIO--(CCNMatthews - May 3, 2007) - Trelawney Resources Inc. (TSX VENTURE:TRR) reports continued success with the drilling program on the Dorset Zone. Significant assay results from recent drilling includes 3.0 g/t gold over a core length of 6.0 metres, including 5.12 g/t gold over a core length of 2.6m (hole MC-07-116). A detailed list of all drilling conducted on the Dorset Zone, up to and including hole MC-07-118 is attached as Appendix A to this release.

Management is extremely pleased with the results to date and based on the success of the winter drilling, exploration programs will be significantly increased. An additional 20,000 metres of diamond drilling is planned for the coming months. This next phase of drilling is scheduled to commence as soon as spring break-up conditions allow. Drilling will be conducted to test the Dorset Zone at depth and to provide sufficient information to prepare a National Instrument 43-101 compliant inferred mineral resource.

The Dorset Zone strikes in an east-west direction, and dips approximately 45 to 55 degrees to the north. It has a minimum strike length of approximately 750 metres, and is open to depth. To date, the deepest drilling on the Dorset Zone includes holes MC-07-121, and MC-07-122, which have only recently been completed. Both holes intersected the Dorset Zone - MC-07-121 approximately 300 metres below surface and MC-07-122 approximately 400 metres below surface. The current hole, MC-07-123 (a 100 metre step-out to the east of MC-07-122) is also designed to intersect the zone 400 m below surface. Assay results for these deeper holes are pending.

Previous drilling on the Dorset Zone has been relatively shallow. Only four holes have been drilled below the 200 metre level and all four of these holes returned significant results (see Appendix attached). The majority of holes (approximately 65%), have tested the Dorset Zone above the 100 meter level.

Wayne O'Connor, President and CEO of Trelawney states that:



"Trelawney Resources has been, and will continue to be one of the most
active exploration companies searching for gold in the Wawa area. Since
drilling first started in August 2006, Trelawney has completed 85 holes
totalling over 13,000 metres (41,000 feet) on the Dorset Zone and all
holes, with the exception of three, intersected the DDZ and returned
significant results. There is every indication that the Dorset Zone goes
to depth, and we anticipate more significant results in the months
ahead."


Trelawney is the largest land holder in the entire Wawa/Hemlo mining camp with approximately 21,000 acres now under its control. The Company's neighbour, gold producer Wesdome Gold Mines Ltd. holds approximately 16,000 acres. Trelawney has assembled the largest land package in this area since the Hemlo staking rush in the 1980s. The consolidated property contains over 48 known gold occurrences attesting to the potential of the Mishibishu greenstone belt.

Trelawney is earning 50% interest in the Dorset property from MetalCORP Limited by spending $2 million on exploration; making cash and stock payments totalling $220,000 and issuing 900,000 shares over five years. Trelawney can earn a further 20% interest by completing a feasibility study and paying $100,000 cash and issuing 500,000 shares. On completion of Trelawney's option, a joint venture will be formed on either a 50-50 or 70-30 basis respectively.

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.

For more information, including detailed drill hole location plan, and idealised cross sections, please visit the Company website at www.trelawneyresourecs.com.

Shares Issued: 72,250,188

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.



APPENDIX A
MISHI DRILL RESULTS

Depth of
Intercept
Estimated below
Core True surface
Hole From To Grade Length Width (metres)
Hole # Angle(Metres) (Metres) (g/t Au) (metres) (metres)(estimated)
---------------------------------------------------------------------------
MC-98-1 -45
degrees 21.8 28.8 0.66 7.00 6.8 20
Including 22.3 23.0 2.25 0.70 0.7
---------------------------------------------------------------------------
MC-98-2 -44
degrees 40.0 49.0 0.74 9.00 8.7 30
Including 42.7 44.7 2.18 2.00 1.9
---------------------------------------------------------------------------
MC-98-3 -45
degrees 32.0 44.5 1.44 12.50 12.1 30
Including 32.0 41.4 1.70 9.40 9.1
Including 33.4 35.35 2.65 1.95 1.9
---------------------------------------------------------------------------
MC-98-4 -45
degrees 26.05 32.55 2.35 6.50 6.3 25
Including 26.55 30.55 2.71 4.00 3.9
Including 29.1 30.55 3.52 1.45 1.4
---------------------------------------------------------------------------
MC-98-5 -53
degrees 52.5 68.3 0.84 15.80 14.4 50
Including 55.3 60.9 1.20 5.60 5.1
---------------------------------------------------------------------------
MC-98-6 -45
degrees 48.0 49.6 0.86 1.60 1.5 40
Including 48.5 48.9 2.51 0.40 0.4
---------------------------------------------------------------------------
MC-98-7 -45
degrees 20.75 30.65 1.27 9.90 9.6 20
Including 22.68 30.15 1.56 7.47 6.7
---------------------------------------------------------------------------
MC-98-8 -45
degrees 20.16 45.55 1.92 25.39 24.6 20
Including 23.05 26.68 4.34 3.63 3.5
---------------------------------------------------------------------------
MC-98-9 -45
degrees 52.7 75.0 3.70 22.30 21.6 40
Including 63.7 71.8 5.04 8.10 7.8
---------------------------------------------------------------------------
MC-98-13 -45
degrees 26.05 44.6 0.97 18.55 18.0 25
Including 30.75 32.2 4.38 1.45 1.4
---------------------------------------------------------------------------
MC-98-14 -45
degrees 70.81 81 1.18 10.19 9.9 55
Including 75.4 79.8 1.83 4.40 4.3
---------------------------------------------------------------------------
MC-98-15 -50
degrees 119.0 126.94 1.19 7.94 7.7 100
Including 120.0 126 1.48 6.00 5.8
---------------------------------------------------------------------------
MC-98-16 -50
degrees 167.0 170.66 1.77 3.66 3.5 120
---------------------------------------------------------------------------
MC-98-17 -50
degrees 92.0 96.0 1.09 4.00 3.9 70
Including 93.89 94.86 2.89 0.97 0.9
---------------------------------------------------------------------------
MC-98-18 -50
degrees 78.0 87.0 1.16 9.00 8.7 60
Including 85.0 86.0 2.19 1.00 1.0
---------------------------------------------------------------------------
MC-98-19 -47
degrees 8.0 10.4 1.94 1.60 1.5 5
---------------------------------------------------------------------------
MC-98-20 -74
degrees 69.05 81.25 0.90 12.20 9.5 75
Including 76.1 81.25 1.70 5.15 4.3
---------------------------------------------------------------------------
MC-98-21 -76
degrees 73.65 86.35 1.37 12.70 9.0 70
Including 82.0 86.35 2.32 4.35 3.1
---------------------------------------------------------------------------
MC-98-22 -45
degrees 127.05 142.65 2.07 15.60 15.1 95
Including 129.45 130.95 4.65 1.50 1.4
Including 135.1 142.65 2.75 7.55 7.3
---------------------------------------------------------------------------
MC-98-26 -45
degrees 103.75 106.35 1.48 2.60 2.5
---------------------------------------------------------------------------
MC-98-27 -45
degrees 126.35 127.1 2.97 0.75 0.7 85
Including 176.95 180.7 5.23 3.75 3.6
---------------------------------------------------------------------------
MC-98-28 -50
degrees 60.7 78.55 2.67 17.85 17.3 53
Including 69.85 76.55 5.46 6.70 6.5
---------------------------------------------------------------------------
MC-98-29 -45
degrees 95.65 98.1 1.02 2.45 2.2 70
---------------------------------------------------------------------------
MC-98-30 -55
degrees 130.95 131.25 8.45 0.30 0.3 210
---------------------------------------------------------------------------
MC-99-31 -60
degrees 250.15 257.45 0.94 7.30 6.9 220
Including 253.15 257.45 1.22 4.30 4.1
Including 253.15 256.1 1.50 2.95 2.8
---------------------------------------------------------------------------
MC-99-32 -45
degrees 240.75 246.15 1.98 5.40 5.2
Including 240.75 243.9 2.97 3.15 3.0
---------------------------------------------------------------------------
MC-99-34 -60
degrees 255.7 256.4 1.58 0.70 0.6 210
---------------------------------------------------------------------------
MC-06-36 -45
degrees 81.3 92.4 1.88 11.1 10.7 60
Including 83.0 89.0 2.43 6.0 5.8
Including 86.0 89.0 3.00 3.0 2.9
---------------------------------------------------------------------------
MC-06-37 -45
degrees 122.0 128.0 1.06 6.0 5.8 85
Including 125.3 128.0 1.57 2.7 2.6
---------------------------------------------------------------------------
MC-06-38 -45
degrees 29.3 40.5 1.45 11.2 10.8 25
Including 29.3 30.4 4.03 1.1 1.0
---------------------------------------------------------------------------
MC-06-40 -45
degrees 17.2 20.8 1.07 3.6 3.5 20
Including 54.0 55.0 1.88 1.0 1.0
---------------------------------------------------------------------------
MC-06-41 -45
degrees 46.9 48.4 1.43 1.5 1.5 40
Including 61.6 62.1 2.59 0.5 0.5
---------------------------------------------------------------------------
MC-06-42 -45
degrees 89.0 90.3 1.79 1.3 1.3 60
Including 105.2 105.7 1.93 .5 0.5
Including 108.5 110.1 5.35 1.6 1.6
---------------------------------------------------------------------------
MC-06-43 -45
degrees 104.6 105.3 3.44 0.7 0.7 90
Including 120.6 128.0 1.04 7.4 7.2
Including 120.6 126.0 1.27 5.4 5.2
Including 136.0 139.0 1.63 3.0 2.9
---------------------------------------------------------------------------
MC-06-44 -55
degrees 164.5 165.5 3.97 1.0 1.0 125
---------------------------------------------------------------------------
MC-06-45 -45
degrees 155.0 160.0 1.26 5.0 4.9 110
Including 157.5 159.0 2.74 1.5 1.4
---------------------------------------------------------------------------
MC-06-46 -80
degrees 150 176 No Significant Values 160
---------------------------------------------------------------------------
MC-06-47 -45
degrees 123.0 128.8 0.91 5.8 5.62 90
Including 126.0 128.8 1.42 2.8 2.7
---------------------------------------------------------------------------
MC-06-48 -66
degrees 41.0 50.0 0.89 9.0 8.0 40
Including 42.0 45.0 1.54 3.0 2.7
---------------------------------------------------------------------------
MC-06-49 -75
degrees 61.0 81.5 0.60 20.5 16.0 75
Including 70.0 81.5 0.92 11.5 9.0
Including 73.0 81.5 1.10 8.5 6.6
Including 75.0 80.7 1.28 5.7 4.5
Including 75.0 78.0 1.88 3.0 2.3
---------------------------------------------------------------------------
MC-06-50 -47
degrees 70.0 105.4 0.90 35.4 34 55
Including 70.0 74.7 2.44 4.7 4.6
Including 86.6 96.3 0.86 9.7 9.4
Including 100.0 103.0 2.01 3.0 1.9
Including 100.0 102.0 2.80 2.0 1.9
Including 104.1 105.4 2.20 1.3 1.2
---------------------------------------------------------------------------
MC-06-51 -45
degrees 126.2 138.7 3.26 12.5 12.0 100
Including 128.4 136.6 4.71 8.2 7.9
Including 131.9 134.9 9.21 3.0 2.9
---------------------------------------------------------------------------
MC-06-52 -45
degrees 100.4 100.8 2.51 0.4 .04 85
---------------------------------------------------------------------------
MC-06-53 -45
degrees 173.3 173.9 1.50 0.6 0.6 125
---------------------------------------------------------------------------
MC-06-54 -70
degrees 153.2 170.1 2.06 16.9 13.0 150
Including 154.0 160.5 3.80 6.5 5.0
Including 156.0 160.5 4.37 4.5 3.5
---------------------------------------------------------------------------
MC-06-55 -45
degrees 118.8 125.0 2.11 6.2 5.9 90
Including 119.9 123.7 3.31 3.8 3.6
Including 142.3 143.3 3.14 1.0 1.0
---------------------------------------------------------------------------
MC-06-56 -65
degrees 133.1 146.3 1.34 13.2 11.2 125
Including 133.1 139.0 1.52 5.9 5.0
Including 149.8 151.3 3.17 1.5 1.3
---------------------------------------------------------------------------
MC-06-57 -45
degrees 157.0 163.0 2.36 6.0 5.7 110
Including 157.6 162.0 3.07 4.4 4.2
---------------------------------------------------------------------------
MC-07-58 -70
degrees 145.3 151.3 2.21 6 5.1 140
---------------------------------------------------------------------------
MC-06-59 -45
degrees 159.9 163.1 2.59 3.2 3.1 120
Including 162 163.1 5.57 1.1 1.0
---------------------------------------------------------------------------
MC-07-60 -60
degrees 170.6 179.7 2.12 9.1 8.5 150
Including 175.7 178.7 4.81 3.0 2.8
---------------------------------------------------------------------------
MC-07-61 -45
degrees 163.6 167.3 1.63 3.7 3.6 120
Including 163.6 164.7 2.69 1.1 1.0
---------------------------------------------------------------------------
MC-07-62 -70
degrees 182.8 200.8 2.56 18.0 15.3 185
Including 185.5 194.5 3.77 9.0 7.7
Including 188.5 192.5 5.50 4.0 3.4
---------------------------------------------------------------------------
MC-07-63 -45
degrees 56.6 68.1 1.41 11.5 10.9 45
Including 56.6 61.0 2.47 4.4 4.2
Including 57.6 59.6 3.16 2.0 1.9
---------------------------------------------------------------------------
MC-07-64 -45
degrees 85.2 93.2 1.07 8.0 7.6 65
Including 92.2 93.2 2.45 1.0 0.9
---------------------------------------------------------------------------
MC-07-65 -70
degrees 96.4 103.3 1.58 6.9 5.9 100
Including 97.2 99.6 3.55 2.4 2.1
---------------------------------------------------------------------------
MC-07-66 -55
degrees 99.3 102.6 2.70 3.3 3.1 80
---------------------------------------------------------------------------
MC-07-67 -45
degrees 69 74.0 1.28 5 4.7 50
---------------------------------------------------------------------------
MC-07-68 -45
degrees 81 88.6 2.04 7.6 6.5 80
Including 81 84.2 2.64 3.2 2.8
---------------------------------------------------------------------------
MC-07-69 -45
degrees 97.7 108.9 2.18 11.2 10.8 70
Including 97.7 106.0 2.74 8.3 8.0
Including 103.7 106.0 6.65 2.3 2.2
---------------------------------------------------------------------------
MC-07-70 -45
degrees 71.8 82.8 2.08 11.0 10.6 55
---------------------------------------------------------------------------
MC-07-71 -45
degrees 80.1 103.1 1.29 23.0 19.5 85
Including 88.4 99.7 1.64 11.3 9.6
---------------------------------------------------------------------------
MC-06-72 -45
degrees 24.7 40.1 1.22 15.4 14.8 25
Including 30.2 33.8 2.54 3.6 3.4
---------------------------------------------------------------------------
MC-07-73 -45
degrees 93.8 97.1 2.56 3.3 3.1 70
---------------------------------------------------------------------------
MC-07-74 -45
degrees 48.4 52.4 2.61 4.0 3.8 35
---------------------------------------------------------------------------
MC-07-75 -45
degrees 102.2 104.8 1.36 2.6 2.5 75
---------------------------------------------------------------------------
MC-07-76 -68
degrees 260.3 273.1 2.02 12.8 10.8 230
Including 262.0 265.4 4.10 3.4 2.9
---------------------------------------------------------------------------
MC-07-77 -45
degrees 62.0 68.6 2.15 6.6 6.4 50
Including 62.0 66.1 2.77 4.1 4.0
---------------------------------------------------------------------------
MC-07-78 -70
degrees 71.0 79.1 0.69 8.1 7.3 70
Including 73.9 75.0 1.39 1.1 1.0
---------------------------------------------------------------------------
MC-07-79 -45
degrees 32.9 37.5 2.00 4.6 4.5 25
Including 33.6 37.5 2.23 3.9 3.8
---------------------------------------------------------------------------
MC-07-80 -45
degrees 73.5 77.0 1.32 3.5 3.4 55
---------------------------------------------------------------------------
MC-07-81 -68
degrees 84.0 87.0 2.13 3.0 2.6 80
---------------------------------------------------------------------------
MC-07-82 -70
degrees 127.6 135.5 2.29 7.9 6.8 120
Including 127.6 131.0 3.18 3.4 2.9
---------------------------------------------------------------------------
MC-07-83 -45
degrees 29.3 37.0 0.88 7.7 7.5 25
Including 34.0 35.1 2.04 1.1 1.0
---------------------------------------------------------------------------
MC-07-84 -45
degrees 49.3 56.0 1.70 6.7 6.5 40
Including 54.0 56.0 2.59 2.0 1.9
---------------------------------------------------------------------------
MC-07-85 -65
degrees 52.8 58.4 1.56 5.6 5.1 50
Including 52.8 54.5 2.33 1.7 1.5
---------------------------------------------------------------------------
MC-07-86 -45
degrees 64.9 66.0 1.13 1.1 1.1 50
---------------------------------------------------------------------------
MC-07-87 -45
degrees 104.6 110.0 1.34 5.4 5.2 80
---------------------------------------------------------------------------
MC-07-88 -70
degrees 116.0 120.4 1.75 4.4 3.5 110
Including 117.8 120.4 2.34 2.6 2.2
---------------------------------------------------------------------------
MC-07-89 -45
degrees 74.4 79.9 1.89 5.5 5.3 60
Including 76.4 78.7 3.35 2.3 2.2
---------------------------------------------------------------------------
Lower zone -45
degrees 129.6 133.4 1.82 3.8 3.7
Including 129.6 131.2 3.50 1.6 1.5
---------------------------------------------------------------------------
MC-07-90 -50
degrees 54.7 64.5 0.92 9.8 9.5 50
Including 54.7 60.4 1.23 5.7 5.5
---------------------------------------------------------------------------
MC-07-91 -45
degrees 187.2 192.6 2.96 5.4 5.2 130
Including 187.2 191.6 3.55 4.4 4.3
Including 34.0 35.1 2.0 1.1 1.1
---------------------------------------------------------------------------
MC-07-92 -45
degrees 98.9 113.1 2.36 14.2 13.7 75
Including 99.4 111.1 2.71 11.7 11.3
Including 106.0 111.1 3.67 5.1 4.9
---------------------------------------------------------------------------
MC-07-93 -45
degrees 34.1 47.6 1.81 13.5 13.1 30
Including 38.5 46.0 2.83 7.5 7.3
Including 42.3 46.3 4.44 3.7 3.6
---------------------------------------------------------------------------
MC-07-94 -65
degrees 126.0 138.5 1.62 12.5 10.8 115
Including 126.5 135.5 2.04 9.0 7.8
Including 126.5 130.1 2.85 3.6 3.1
---------------------------------------------------------------------------
MC-07-95 -75
degrees 131.0 139.4 1.18 8.4 6.6 140
Including 137.9 139.4 4.28 1.5 1.2
---------------------------------------------------------------------------
MC-07-96 -45
degrees 104.2 114.1 1.89 9.9 9.6 80
Including 108.8 113.1 2.55 4.3 4.2
---------------------------------------------------------------------------
MC-07-97 -65
degrees 112.1 124.6 1.33 12.5 11.4 105
Including 115.9 121.2 1.96 5.3 4.8
Including 115.9 119.2 2.38 3.3 3.0
---------------------------------------------------------------------------
MC-07-98 -65
degrees 161.4 170.5 2.58 9.1 8.3 150
Including 162.4 168.0 3.78 5.6 5.1
Including 164.1 168.0 4.42 3.9 3.5
---------------------------------------------------------------------------
MC-07-99 -75
degrees 184.0 190.3 0.82 6.3 4.9 180
Including 187.1 188.1 2.07 1.0 0.8
---------------------------------------------------------------------------
MC-07-100 -65
degrees 176.8 182.8 1.99 5.4 4.6 150
Including 177.5 182.2 2.15 4.7 4.0
Including 180.0 182.2 2.64 2.2 1.9
---------------------------------------------------------------------------
MC-07-101 -65
degrees 140.7 150.6 1.88 9.9 8.1 135
Including 146.6 150.6 2.80 4.0 3.3
---------------------------------------------------------------------------
MC-07-102 -45
degrees 102.8 112.2 1.12 9.4 9.1 75
Including 105.5 108.5 1.60 3 2.9
---------------------------------------------------------------------------
MC-07-103 -65
degrees 112.7 123.0 .97 10.3 9.4 110
Including 118.7 122.5 1.25 4.3 3.9
---------------------------------------------------------------------------
MC-07-104 - 45
degrees 104.6 112.6 1.60 8.0 7.8 75
Including 106.1 109.4 2.41 3.3 3.2
---------------------------------------------------------------------------
MC-07-105 -65
degrees 115.7 119.5 2.41 3.8 3.4 110
Including 116.2 118.5 3.51 2.3 2.0
Including 117.0 118.0 5.06 1.0 0.9
---------------------------------------------------------------------------
MC-07-106 -70
degrees 58.8 60.3 1.64 1.5 1.3 55
Including 65.2 65.7 38.99 0.5 0.4
---------------------------------------------------------------------------
MC-07-107 -70
degrees 39.7 40.7 0.93 1.0 0.9 35
---------------------------------------------------------------------------
MC-07-108 -70
degrees 59.9 64.5 2.06 4.6 3.7 60
---------------------------------------------------------------------------
MC-07-109 -70
degrees 41.2 42.7 2.09 1.5 1.1 40
---------------------------------------------------------------------------
MC-07-110 -45
degrees 65.7 76.5 1.09 10.8 10.5 50
Including 71.5 76.0 2.25 4.5 4.3
---------------------------------------------------------------------------
MC-07-111 -45
degrees 40.9 44.9 2.10 4.0 3.9 30
---------------------------------------------------------------------------
MC-07-112 -45
degrees 30.6 40.0 1.68 9.4 9.2 25
Including 31.2 38.1 2.08 6.9 6.7
---------------------------------------------------------------------------
MC-07-113 -45
degrees 48.3 49.3 5.66 1.0 1.0
---------------------------------------------------------------------------
MC-07-114 -45
degrees 24.3 25.3 1.47 1.0 1.0
---------------------------------------------------------------------------
MC-07-115 -45
degrees 91.5 92.5 1.29 1.0 1.0 60
---------------------------------------------------------------------------
MC-07-116 -45
degrees 22.5 28.5 3.00 6.0 5.8 15
Including 24.9 27.5 5.12 2.6 2.5
---------------------------------------------------------------------------
MC-07-117 -70
degrees 205.3 206.8 1.67 1.5 1.4 195
---------------------------------------------------------------------------
MC-07-118 -65
degrees 210.0 216.0 2.20 6.0 5.5 190
Including 213.1 215.2 3.39 2.1 1.9
---------------------------------------------------------------------------


Notes:

1) All split or sawn core samples for all holes drilled by Trelawney Resources (MC-06-36 to MC-07-120) were submitted to Accurassay Laboratories Ltd., Thunder Bay, Ontario, and /or Swastika Laboratories, Swastika, Ontario. All gold assaying was performed using a 30g standard fire assay with an AA and /or gravimetric finish.

2) Holes MC-98-1 to MC-99-35 were drilled by previous parties, including Battle Mountain Canada Ltd. and Murgor Resources Inc. Drill hole data compiled and shown in the table is believed to be accurate, but has not been verified by Trelawney Resources.

3) Holes MC-98-10, 11, 23, 24, 25, MC-99-33, 35 and MC-07-119 & 120 were not drilled within the main portion of the Dorset Zone.

4) Hole MC-06-39 intersected a diabase dike, and did not intersect Dorset mineralization.

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

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