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