🕐26.05.11 - 19:00 Uhr

TRELAWNEY INTERSECTS 170.20 METRES OF 1.01 G/T GOLD EXTENDS STRIKE OF MINERALIZA
TION 300 METRES SOUTHWEST OF INITIAL RESOURCE



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Trelawney Intersects 170.20 Metres of 1.01 g/t Gold Extends Strike of Mineralization
300 Metres Southwest of Initial Resource

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TORONTO, ONTARIO--(May 26, 2011) - Trelawney Mining and Exploration Inc. (the "Company" or "Trelawney") (TSX VENTURE:TRR)(FRANKFURT:RTW) announces additional drill results from the C�t� Lake Deposit on the Chester Project located halfway between Timmins and Sudbury in northern Ontario. Highlights of the current drilling include:

Hole E11-50 - 117.00 metres of 1.05 g/t gold Hole E11-55 - 72.00 metres of 2.25 g/t gold Hole E11-56 - 153.00 metres of 1.64 g/t gold Hole E11-57 - 133.00 metres of 1.10 g/t gold Hole E11-63 - 170.20 metres of 1.01 g/t gold

Expansion drilling of the C�t� Lake Deposit continues to intersect wide zones of low to moderate grade gold mineralization. The majority of the results released today are expansion holes to the inferred resource of the C�t� Lake Deposit which currently stands at 131 million tonnes grading 1.0 g/t gold for a total of 4.2 million ounces gold as reported in Trelawneys press release dated March 7, 2011. Hole E11-63, collared on section 86+00E (along with results from the April 4, 2011 press release) has extended the mineralization 300 metres to the southwest along strike of the inferred resource. The majority of the remaining holes expand on the mineralization closer to the current resource as noted in the attached table.

Including drill results released today, mineralization of the C�t� Lake Deposit has now been intersected over a strike-length of 1,000 metres and remains open along strike, and at depth on all sections that have been drilled. In section the zone attains widths of up to 300 metres. The mineralization delineated by drilling to date coincides well with a NE-SW-trending IP anomaly. Results of the IP survey over the C�t� Lake Deposit area suggest additional strike extensions of the mineralization are possible. Trelawney continues to follow the mineralization along this trend by diamond drilling.

The C�t� Lake Deposit consists of low to moderate grade gold +/- copper mineralization which is associated with brecciated intermediate to felsic, and locally mafic intrusive rocks. Mineralization occurs in the form of disseminated and fracture-controlled sulfides which generally correlate to the gold values. Visible gold is commonly observed. The zones are bleached with the prevalent alteration being feldspathic, chloritic and biotitic. The nature of the alteration and mineralization is indicative of a porphyry-style deposit.

The expansion and exploration drill program continues with four drills currently working on the C�t� Lake Deposit. Three drills continue with the expansion drilling and the fourth commencing infill drilling. A fifth drill is currently testing other historical occurrences on the property.

Greg Gibson, Trelawneys President and CEO commented, "We are very pleased with the results of this portion of the expansion drilling. These results continue to confirm our belief that our initial resource estimate can be significantly expanded. We will continue to test the limits of the resource to the full potential of this exciting discovery. As we continue to drill we have also initiated various environmental and engineering studies to aid in moving the project forward as quickly as possible."

C�t� Lake Deposit Drilling Results: Section Hole From
(m) To
(m) Length
(m) Gold
(g/t)

uncut Au cut
Grade

cut to
25
g/t*
Gold
(oz/t)

uncut Comments 88+00E E11-50 61.00 62.00 1.00 77.51 25.00 2.26 outside of resource 111.00 112.00 1.00 50.26 25.00 1.47 130.00 131.00 1.00 1.52 0.04 163.00 164.00 1.00 3.62 0.11 180.00 297.00 117.00 1.05 0.03 abandoned in zone 91+00E E11-51 49.00 165.00 116.00 0.59 0.02 infill incl 49.00 92.00 43.00 1.07 0.03 87+00E E11-52 94.00 109.00 15.00 2.59 2.06 0.08 outside resource incl 94.00 95.00 1.00 32.82 25.00 0.96 157.00 159.00 2.00 1.36 0.04 203.00 205.00 2.00 1.97 0.06 214.00 215.00 1.00 1.37 0.04 246.00 258.00 12.00 1.77 0.05 abandoned in zone E11-53 previously released



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