Conference Call

Trelawney will host a conference call for the investment community to discuss the proposed transaction today, July 11, 2011, at 11:00 am (Toronto time). Investors, analysts, media and other interested parties are invited to attend. To join the call please dial the following:

Toll-free North American participants: 1-800-319-4610

The presentation referenced on the conference call can be viewed at and downloaded from Trelawney's website at www.trelawneymining.com. A replay of the call will be available by dialing 1-800-319-6413 and entering Passcode 1335# or by accessing the link to the recording that will be posted to Trelawney's website shortly after the conference call.