Shining tree glitters with gold: Trelawney Exploration aggressively moving.

• Author: Larmour, Adelle
• Position: FIVE JUNIOR MINING COMPANIES TO WATCH

It was more than just good timing when Trelawney Exploration and Mining Inc. acquired properties in Chester Township, an untapped area between the Sudbury and Timmins mining camps.

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It was about having a knowledgeable and experienced team in place that brought the property into development production within a record 16 months.

"We started out with a fresh vision of wanting to become miners and we had to find a property to do that," said Greg Gibson, company president and CEO.

"And along came Chester and we were able to put it together."

Less than two years old, the company has built an entire mine infrastructure, complete with roads, power lines, a water treatment facility, a tailings pond, and accommodations, not to mention dewatering the mine decline and about 60,000 metres of exploration drilling. By the end of October 2010, $14.6 million was spent.

This junior miner has put together a team that has between 25 and 30 years of experience in operations. They have all lived the ups and downs of the industry, which has provided more insight on newer projects.

"You soon learn what and what not to do, which makes it easier on the front end of these things," Gibson said. "It allows you to blossom a little quicker than others." He added that they were aggressive in completing their closure plan within eight months, a process that can take up to two years.

Located about 20 kilometres southwest of Gogama, the land package is approximately 1,700 hectares. Currently, it consists of five deposits: Chester 1, 2, and 3, (formerly known as the Murgold Chesbar, Young-Shannon and Jack Rabbit, respectively) the Gomac zone and Cote Lake. It was developed in the mid-1980s during the big flow-through boom but it never reached production because of low gold prices.

The Chester project hosts an historic resource of about 500,000 ounces down to about 200 metres. Gibson said they've since drilled down to about 400 metres and are confident they can double the underground resource below Chester 1 and 2. Drilling and grab samples on the Gomac zone, located 300 metres north of the Chester 1 underground development, have proved up some high-grade gold mineralization. The Chester 2 and 3 are accessible underground from the Chester 1 as are the Gomac deposits.

All permitting is in place for Chester 1, and at the end of 2010...