St. Elias Mines, Ltd. (SELSF)

[Renee]

SELSF SEC Suspension "because of questions regarding the adequacy and accuracy of information about the company".

https://www.sec.gov/litigation/suspensions/2018/34-84824.pdf

Order:

https://www.sec.gov/litigation/suspensions/2018/34-84824-o.pdf

[Renee]

SELSF CDN Cease Trade Order:

http://cto-iov.csa-acvm.ca/SearchArticles.asp?Instance=101&Form=1&Attr3=1&Attr1=1&Attr1=2&Attr1=3&Attr1=4&Attr1=5&AttrSet4=1

[wshaw14]

Lord no. I have not in a very long time. Just stopping by to check it out and see if it has any chance of life again.

[conix]

Hey, bro! Do you still have SELSF?

I think they are basically defunct. What have you been hearing?

I have sold and moved on quite awhile ago. Been accumulating VRTY recently.

Thanks in advance.

[wshaw14]

Fees on the Peruvian property were due the end of June.

[conix]

SELSF could one of a few bottom fishing plays




ELTP


CTYX


RFMK

[conix]

Watching for more volume. IMO, SELSF/SLI.v could really turn up from here.

[conix]

If for no other reason than pride, Lori should be getting here ....in gear and start getting things done. It is sad that she is admitting that they do not have the capital to do anything in Peru.

[conix]

Glad that you got out of SELSF, wshaw14. The red flags on this puppy made it easy to avoid.

GLTU

[conix]

Looks like the rumor was right. The CEO is being investigated by the Canadian SEC.

[conix]

Anyone hearing about securities investigation of St. Elias Mines in Canada? Better late than never, I guess.

[conix]

My, My. Beautiful chart.

NOT

[conix]

Calvin- Are you STILL Bullish on CLI.v. This company has SCAM written all over on it. I would like to see the trading records of Laurie and her crew. Time for an investigation.

When was the last time you talked to IR? Or is he still around?

[conix]

Nothing like a stock that dies for no explicable reason other than the hype of Peru was not up to its task. And the air went out of the balloon.

I feel for you, Calvin. I really do. It is always sad to see someone who is so--SO positive and supportive of a company to get treated this way. SLI.v is now down 85% from its 52 week highs.

[conix]

SLI.v chart is a sight to behold.

[Calvin Hobbes]

I am still very bullish on SLI (SELSF) I have talked to IR many many times. We just need a little patience. Havilah should be trading really soon!
I was also told there is a bunch of news to go with Havilah and reults from operations ongoing in Peru soon!

[PoemStone]

Stopping by. Everything marked now.

[conix]

Money flow chart on SLI.v says alot, Calvin. Says more than whatever management said at the meeting, imo.

[conix]

Hey, Calvin. Did you attend the presentation on Sunday?

I understand that there were 120-150 people there.

If you were there, could you share what your thoughts were?

Judging by the stock action, there was not alot of encourgagement.

Thanks for your response.

[Calvin Hobbes]

I would like to go on the record as saying IMHO, SLI is still mining some veigns, proving up the resource while selling some of the GOLD to help pay for some expenses. As per /, . http://www.wallstreetreporter.com/2009/11/st-elias-mines-tsx-v-sli-ceo-interview/. I would say starting at 11 min mark it gets real interesting. At 21:30 "We cant kill the tesaro" Then she says we can continue proving it up and getting n1 43101 resourses... hmmmmm........

There are so many irons so to speak in the fire. Still awaiting trench results. I can't help but keep thinking this property was only sampled from the surface with a shovel and bucket. Since May 2011 http://steliasmines.com/newsrelease/extensive-trenching-program-commencing-at-the-tesoro-gold-project-in-peru/

"In an effort to increase the pace of trenching, the Company will utilize both local labor and mechanized trenching methods".

Oh a trencher and and Dozer are what I remember hearing was on the property. I wonder just how much they have trenched and what they have revealed in both disemated gold as well as new veigns.



The past only makes the future clearer.

we then have only partial drill results as per/

http://steliasmines.com/newsrelease/st-elias-mines-ltd-intersects-0-74gt-au-over-37-85-metres-in-ddh-te-11-06-at-tesoro/

Drill Hole TE-11-06 returned compelling initial results and, while additional drill testing is required, the Company is in the process of completely sampling Drill Hole TE-11-06 from 60m to 170m on minimum 1.5-metre intervals to more accurately define a potential, bulk-tonnage mineralized target.

We may just see it tomorrow, I pray
http://steliasmines.com/newsrelease/corporate-presentation/
March 21, 2012

NEWS RELEASE

St. Elias Mines Ltd. – Corporate Presentation

Vancouver, B.C. March 21, 2012 Lori McClenahan, President of St. Elias Mines Ltd. (SLI – TSX:V) (“St. Elias” or the “Company”) announces that the Company will hold a Corporate Presentation to be held in Calgary, Alberta on Sunday, March 25, 2012, as follows:

Time: 3:00 p.m. – 5:30 p.m.

Location: Marriott Calgary Downtown, 110 – 9th Avenue SE, Calgary, Alberta

Room: Kensington Ballroom

The corporate presentation is open to the public, and St. Elias invites all shareholders and interested parties to attend. The presentation will include an update on the Company’s recent exploration activities in Peru and the spin-out of Havilah Mines Ltd.


GBA

Mr. Hobbes

[conix]

If they just started to mine gold--never mind if it was the largest gold find ever--SLI.v would probably double from here.

Just a lot of damage control needed on this one. But it definitely has turned.

[nvrsanvr]

Beaten dwn lots of shorts.....Possibly biggest gold find ever...NO BRAINER ESPECIALLY AT THESE LEVELS ....I CONCURRRRRRR......

[Calvin Hobbes]

I am surprised. There is a lot more going on in this property than meets the eye. these prices will soon be looked at to be a gift IMO.

[conix]

Hey, Calvin. Are you surprised that St. Elias Mines is this weak?

You have to be very confident about what is going on with the company to still be bullish. This chart looks horrible.

TIA for your response

[wshaw14]

Money flows out, then money flows in. Thanks.

[conix]

Money flow chart on St. Elias Mines

[conix]

Calvin. What are your thoughts now? Something is seriously wrong with SLI.v.


I respect your opinion. It looks like Tesoro is not the gold mine we were all led to believe. Narrow veins.Either an incomplete geology report (we hope) or it is a complete report that says Tesoro is lot a great concession.

Miscommunication that continues even after they know they screwed up.

A conference call that was more focused on slamming StockHouse posters than talking about the company. A conference call that, to me, underscored that Laurie is a one woman show and does no preparation for answering shareholders' numerous questions.

Am I missing something here? Please tell me where I am mistaken.

Thanks in advance.

[conix]

Looks like the new IR starting pitching the story--and the stock price rise was met with plenty of selling.

Poor guy, egg on his face already.

[conix]

St. Elias Mines Ltd. Retains Additional Geological and Administrative Personnel


VANCOUVER, BC--(Marketwire -02/06/12)- Lori McClenahan, President and CEO of St. Elias Mines Ltd. (TSX-V: SLI.V - News) (Pinksheets: SELSF.PK - News) (US Clearing Symbol: SELSF) (Frankfurt: EKL.F - News), announced today that the Company has retained additional personnel to expand its geological and administrative expertise with respect to its Peruvian operations.

George Sivertz, B.Sc., P.Geo.

George Sivertz, B.Sc., P.Geo., brings over 35 years of mineral industry experience to the Company. Mr. Sivertz graduated from the University of British Columbia in 1976 with a B.Sc. (Honours) in Geological Science. His geological expertise includes conducting regional exploration programs, property evaluations, technical reviews, due diligence studies and resource estimations. Mr. Sivertz has extensive experience exploring and developing gold, silver and copper deposits in Latin America, especially in Peru. He has also worked in a variety of geological settings around the world notably in British Columbia, Yukon, Mexico and the southwest U.S.

Teo Salazar

Teo Salazar brings over 18 years of mineral exploration experience in Peru and Argentina to the Company. He is a graduate of the Universidad Nacional Mayor de San Marcos, Faculty of Geology, Mining, Metallurgy and Geographical Sciences. San Marcos is the oldest University in the New World and is widely considered to be the foremost mining sciences institution in South America. Teo has conducted a wide range of exploration programs in many of the famous mining districts of Peru.

EMINASA

St. Elias has retained EMINASA to provide a full service package to the Company that includes accounting, payroll management, financial advice, legal advice, office space, messenger services, logistics and the sourcing of professional exploration and mining personnel. EMINASA is the acronym for "Exploration & Mining Associates S.A." and was formed in 1997 by Harold and Lisa Waller. EMINASA selected Peru as its base of operations because Peru is one of the most important mineral-rich democratic nations in the world. Harold and Lisa Waller have lived in Peru since the 1960s and have worked as a team in the Peruvian mining industry for decades.

Harold Waller received a M.Sc. Degree in Economic Geology from the University of Arizona in 1960 and brings over 50 years of international experience in exploration for base and precious metal deposits with the last 40 years focused on exploration and mining company management. Mr. Waller has worked for companies throughout Latin America and the Pacific Rim and is experienced in property evaluation, acquisitions, exploration project management, mining company management, contracts, government and labor negotiations, budgets and forecasts.

Lisa Waller brings over 35 years of experience in management, administration and public relations in business in both North and South America.

"These professionals have extensive experience in Peru which will help bolster our team as we advance to the next stage of St. Elias' development. We are very fortunate to attract people with this level of expertise," stated the Company's President and CEO, Lori McClenahan. "They will work with our existing geological team, led by James Thom, M.Sc., to form a united exploration group with formidable geological and administrative expertise and experience. This team has the ability to rapidly and efficiently design, execute and ramp up exploration and development programs on our gold projects in Peru."

Investor Relations

The Company is also expanding its investor relations team and has hired Don Ronning to provide shareholder communication services for the Company, for a minimum term of six months, and in consideration, the Company has granted 100,000 incentive stock options at a price of $0.84 per share for a period of two years with vesting over a period of 12 months. The Company will also reimburse Mr. Ronning for reasonable expenses incurred, as approved by the Company.

Stock Options

Pursuant to the Company's Stock Option Plan, the Company has granted incentive stock options to directors, officers and consultants of the Company to purchase an aggregate 1,000,000 shares at an exercise price of $0.81 per share for a period of two years.

ST. ELIAS MINES LTD.
(signed "Lori McClenahan")
Lori McClenahan,
President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this document.

This News Release may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement.

Contact:

For additional information on St. Elias and its projects:
www.steliasmines.com
1-888-895-5522 (toll free US and Canada)
Or contact:
U.S. Investor Relations Consultant
Herbert Haft
The Haft Group, Inc.
Tel: [phone]
[e-mail]
[e-mail]

[wshaw14]

Congrats, I wonder how many did the same thing. My bet would be many. Not a thing wrong with that. I often "average down that way". I am very happy with selsf performance to this point and in MHO they have not even begun yet.

[wshaw14]

That does seem to be a good idea. I am currently buying back in a little at a time.

[conix]

St. Elias must get more aggressive on getting out some explanation on why there was such a big dump in their stock. Really amazing how this fiasco has been poorly handled.

[conix]

Calvin--you really seem to know what you are talking about on assay reports. So you must be pretty ticked off with SLI.v management to somehow release news that makes the stock go down to 60% and, when they try to get it right the second time, the stock still goes down.

I wish I could say I am more encouraged--but the declining price is a referendum of sorts by multiple shareholders/investors and their interpretation of the assay news. And the votes keep on coming in.

And the price keeps on declining.

Calvin--something is amiss. Murray? Laurie? Someone?

[conix]

With the right kind of news, this thing could turn around. And I suspect that alot of other observers think so too. Now it is up to mgmt to calm the shareholders with real clarity.

Thankfully, I was already out before the dump. Traded the bounce. But not ready to reload until I see something from the company that will address the sudden decline--because once that happens (assuming the truth is positive)--those who dumped at $1.30 --$1.10--will come back again.

Greed does wonders.

[conix]

Thanks, Calvin, for your post.

I think you would agree with me that Laurie and crew are really pathetic on explaining to those shareholders the specifics of the gold report like you have here.

And the proof is in the lack of a rebound.

You may be right in still being positive. But I am taking my cues from the POOR PRESS RELEASES and the action in the stock.

You do not have 8 Million shares sell on neophyte shareholder dumping at $1.80 down. Much of that selling came from thos investors close to the company and knew what the godl report suggested. And as they dumped, it scared those shareholders you suggest are out there (those that do not do alot of DD).

No--something is suspiciously wrong here. If you talk to the company, you might want to push them to do better on the next PR.

And, if they do not, that will tell the world that there IS something wrong here.

I would love to buy back in. But I am happy with the 100% gain I did on the bounce as for now.

Calvin, have you talked to Murray? Laurie? Frick and Frack on the IR front? What do they say? Are they happy with how they have handled this 50% slice off the top...???

[Calvin Hobbes]

Hope this explains my take on this.

First let’s look at the first release (that cause irrational panic and selling)

What did the first result say?
1) The cores small veinlet intercepts were assayed (showed low grade).
2) We had no idea whether the whole core was assayed or partial as it only said partial results (of what???) we did not know.
3) We knew only grades greater than 1g/t were shown.
4) Where were they drilled (we did not know)
5) Were the areas between the intercepts reported barren or mineralized (did not know)

What astonished me was that most of us investors spent the last year or two dissecting and talking about the Quantec imagery and its relation to the existing known mineralization to nauseam. Most I think felt that everyone had a pretty good idea of what we were sitting on and it’s potential, yet this first incomplete and inaccurate release comes out, and immediately many panicked and ran for the exits helping to plunge the stock to an all time 52 week low.

It was blatantly and blaringly obvious that:
1) The results were incomplete and rushed
2) There was far from enough information to make any kind of rational decision on what these results meant (ESPECIALLY whether they were good or bad).
3) Even the experts that some had showed it too, and posted there reply indicated that there was not enough information to make a determination one way or the other. (and that is from the people who know these things)
4) Because the data table was in error, clarification had to be done. IMO

I feel bad that some got stung especially those who sold at 60 to 70 cents and took a big hit. And if they want in now will have to buy back at a higher level then what they sold at. But I’m sorry; I have to ask what were they thinking?
At the very least make a decision based on solid, factual and complete information.
I think too many people spent too much time maybe on SH listening to the BS bashing of some smooth talking manipulators, yelling run for the door the sky is falling.
Even now after the clarification release which now sheds new light on the results and we in fact now find out that only a fraction of the cores were tested and they were in fact perimeter holes and that the granodiorite is mineralized by the looks of it to depth. They are still over there yelling sell, sell the sky is falling. Who do you think is increasing there positions at your expense?

Have confidence in your own ability to do DD and research and understand your own investment. Think about this. They were all ranting the other day about how DD was BS and wasn’t worth doing. What does that tell you about the validity of anything that is said on SH by that bunch of bashers?

To the release today.

What did today’s release do:

1) It verified that the holes were mostly perimeter holes.

Now there were some arguing that many are within the large ovoid. Well what does the release say? It says:

Drilling to date has focused on testing the Quantec Titan 24 geophysical targets PRIMARILY SURROUNDING and within the large “ovoid”.

The word primarily is referring to the word surrounding NOT within. To add clarity to this I was told by management that Lloyd had indicated that 8 to 9 drill holes of the 11, were in fact perimeter holes. So there is no need to debate this issue.

2) It verified that the assays were in fact limited to selected areas of the core.(It would seem the veinlet intercepts).

Proof: The new release states:

the Company is in the process of completely sampling Drill Hole TE-11-06 from 60m to 170m on minimum 1.5-metre intervals to more accurately define a potential, bulk-tonnage mineralized target.

Also

anomaly identified by the Quantec Titan 24 Survey at depth on the Property has been limitedly tested by diamond drilling on this round of drilling.

Also

The Company is in the midst of a systematic program of re-sampling and drill core analysis with a focus on increasing the sampling intervals both above and below any noted quartz/sulphide intersections, and where areas of multiple sulphide mineralization were noted, continuous sampling through these zones to combine one single sampled interval. In this capacity, potentially mineralized wall rock between close spaced mineralized veins can be tested, towards bulk tonnage mineral potential.
Therefore these were not tested over the entire length of the core that is abundantly clear from this release. As a result even now we still do not have a complete picture of the potential of the complete core.

3) It was indicated today also that the cores have yet to be tested for gold in quartz which again may increase the grade we are currently seeing in the data table.

4) It has now indicated that the granodiorite is in fact mineralized. A question was asked today whether the 37m @.74g/t was the average of the vein intercept values.
No it is not. Remember that the veins are reporting only value over 1g/t so if you averaged the veins you would end up with an overall grade above 1 g/t not .74g/t. The .74g/t takes into consideration the gold grades found between the vein materials in the diorite of wall rock which is the disseminated gold between veins. What is VERY significant, is that if you take the over all intercept of 37m and remove the two largest vein intercept values from the equation, you will determine that the other 36m contain an average gold grade of approx .2g/t. This is extremely significant in that it confirms that the areas between the veins are in fact mineralized to the tune of .2g/t (disseminated gold). Yanacocha mines that grade now at a big profit.
Understand as stated above this was a 157m deep hole which on the northern flank may not have even pierced the ovoid yet:

flank (fl ngk)
n.
1. The section of flesh on the body of a person or an animal between the last rib and the hip; the side.
2. A cut of meat from the flank of an animal.
3. A lateral part or side: the flank of a mountain

Also being a perimeter hole, I believe it is extremely likely that as we step into the anomaly (toward the center) and drill deeper, that in all likelihood the results and grades will continue to get better.

5) Also of note: Lori has mentioned the term “Bulk tonnage mineral potential” 2 or 3 times. I believe this is where this is going, Open pitable disseminated gold project.


If many of the other drill cores after complete analysis indicate something similar to what has been shown in Hole#6 I think we will be in fine shape as we in step to the center of the massive anomalous zones.
Just a little indication of how the complet assay of a core can change the value.
Let’s say they entire 157m of core was assayed and it came back at 157m @ .5g/t. If you then exclude the 3 biggest vein intercept values, you will end up with a 155.5m core averaging .36g/t that’s within 155m of surface and hasn’t really from my understanding pierced the ovoid yet.

Conclusion:

Considering these are preliminary, limited assays, the vast majority coming from the edge or perimeter of the massive ovoid, this is terrific news and the results are very good and immensely promising going forward. As the existing cores are re-sampled to reflect a more accurate value or the length of the core and the results are posted along with new drill results in the near future, we will get a more complete picture of the overall scale and potential of the property. All so remember we now now that the mineralization runs to depth.

Keep your head folks and make sure you understand the information provided before running out and making kneejerk reactions to false or incomplete data.

[conix]

No comment other than the press release, Calvin? I mean, look at the price. There is something in there that tells people tto GET OUT NOW!

[Calvin Hobbes]

Sorry forgot page 2
The Company has identified five mineralized zones with more than 50 quartz veins (having a total combined length of 9km) at the Tesoro Project and has carried out underground exploration and development work on three of these veins (C1, C2 and A4 Veins.) The veins are mesothermal, indicating that the vein structures may extend to considerable depths.

To date, a total of 1,157 tons of bulk sample material averaging 0.93 oz/t gold has been extracted from ongoing underground exploration development at several locations on the Tesoro Property including:

?.643 tons averaging 0.77 oz/t gold from the A4 Vein; ?.451 tons averaging 0.99 oz/t gold from the C1 Vein; and ?.63 tons averaging 2.04 oz/t gold from the C2 Vein.

The Tesoro Property has never been evaluated to depth or to its full strike potential. This leaves a large potential for the discovery of additional mineralization.

Qualified Person

All technical work is being supervised by, and the contents of this news release have been verified by, Paul D. Gray, P.Geo., who is a "qualified person" as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.

For additional information on St. Elias and its projects, please visit us at www.steliasmines.com or call 1-888-895-5522 (toll free US and Canada) or contact:

U.S. Investor Relations Consultant

Herbert Haft The Haft Group, Inc.

Tel: [phone]

Email: [e-mail]

[e-mail]

ST. ELIAS MINES LTD.

(signed "Lori McClenahan")

Lori McClenahan,

President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this document.

[Calvin Hobbes]

St. Elias Mines Ltd. Intersects 0.74g/t Au over 37.85 metres in DDH TE-11-06 at Tesoro
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Jan 23, 2012 (ACCESSWIRE-TNW via COMTEX) -- Vancouver, B.C. January 23, 2012: Lori McClenahan, President, St. Elias Mines Ltd. (sli - tsx:V), is pleased to provide further details with respect to assay results previously announced on January 10, 2012 and the ongoing drill program at the Tesoro Gold Property located in southwestern Peru.

Phase I Drill Program

The previously announced assay results (reproduced below) are initial results from 11 diamond drill holes (4,375 metres of a planned 5,500-metre Phase IA Drill Program at the Tesoro Gold Project.) These assay results represent the initial and ongoing systematic evaluation of high-priority targets identified by the 2009/2010 Titan 24 Geophysical Survey at the Tesoro Gold Property. The anomalies being tested by drilling include IP chargeability highs, resistivity lows and highs, and MT derivatives, as well as various combinations of these anomalies. Summary drilling results will be announced upon completion of the Phase IA Drill Program and compilation/interpretation of all data.

Drilling to date has focused on testing the Quantec Titan 24 geophysical targets primarily surrounding and within the large "ovoid" chargeability anomaly at Zona Central. Drill Hole TE-11-06 is located along the main Tesoro structural trend on the northern flank of this anomaly.

Drill Hole TE-11-06 returned compelling initial results and, while additional drill testing is required, the Company is in the process of completely sampling Drill Hole TE-11-06 from 60m to 170m on minimum 1.5-metre intervals to more accurately define a potential, bulk-tonnage mineralized target. The interval from 90.6m to 128.5m in Drill Hole TE-11-06 assayed 0.74g/t Au over 37.85m, and includes 0.74m of 23.5g/t Au at 112.26m and 0.35m of 9.6g/t Au at 113.32m. These mineralized intersections have been interpreted to be related to widespread resistivity lows identified from the 2009/2010 Titan 24 Survey. This correlation has led management to utilize these Quantec resistivity lows zones associated with the known mineralized corridors to fine tune additional exploration targets for drilling.

The large "ovoid" geophysical (chargeability) anomaly identified by the Quantec Titan 24 Survey at depth on the Property has been limitedly tested by diamond drilling on this round of drilling. The Quantec survey data is currently being re-evaluated and re-interpreted to take into account the latest drill results in correlation with the geophysical targets.

Several sampled (halved core) intervals were noted to contain sulphide mineralization. Sulphide mineralization is directly associated with quartz/carbonate veins and/or veinlets and the restricted areas of alteration surrounding these veins. A review of the assay data compiled to date indicates a correlation between these visible sulphides and gold mineralization.

The Company is in the midst of a systematic program of re-sampling and drill core analysis with a focus on increasing the sampling intervals both above and below any noted quartz/sulphide intersections, and where areas of multiple sulphide mineralization were noted, continuous sampling through these zones to combine one single sampled interval. In this capacity, potentially mineralized wall rock between close spaced mineralized veins can be tested, towards bulk tonnage mineral potential.

Lori McClenahan states "While it is still early days for our flagship project (the "Tesoro"), we are very excited as initial drilling at Tesoro has confirmed gold mineralization at depth. We are using logical and systematic exploration steps and techniques to guide us in our exploration efforts. Much more exploration/drilling is warranted at the Tesoro. This is just the beginning."

The second drill rig, capable of drilling >=1,000m holes, is onsite and turning. The addition of this second drill rig will result in increased productivity and quicker turnaround time for geological information and chemical analyses. Additional infrastructure, including expansion of camp facilities, additional water trucks and personnel (including two additional on-site geologists has been completed. There are currently four fulltime geologists working on the project under the guidance of James Thom, M.Sc. and Paul D. Gray, P.Geo.

Initial Drill Results

Summary table of >1g/t Au assay results from the first 11 drill holes of the 2011 Tesoro Gold Property





---------------------------------------------------------------------------
|Hole ID |Hole |Zones |From |To |Interval |Au |Au |
| |Depth |Tested |(meters)|(meters)|(meters)(2)|(ppm |(ounces)|
| |(meters)| | | | |or | |
| | | | | | |grams)| |
|-------------------------------------------------------------------------|
|DDH_TE_01|241.50 |Central |151.45 |152.02 |0.57 |4.144 |0.12 |
|-------------------------------------------------------------------------|
|A |A |A |154.71 |154.97 |0.26 |4.551 |0.13 |
|-------------------------------------------------------------------------|
|DDH_TE_02|250.50 |Central |30.80 |31.22 |0.42 |3.432 |0.10 |
|-------------------------------------------------------------------------|
|DDH_TE_03|350.50 |Central |183.26 |183.53 |0.27 |1.441 |0.04 |
|-------------------------------------------------------------------------|
|A |A |A |204.79 |204.93 |0.14 |2.974 |0.09 |
|-------------------------------------------------------------------------|
|DDH_TE_04|576.10 |Central |270.66 |270.84 |0.18 |1.148 |0.03 |
|-------------------------------------------------------------------------|
|A |A |A |330.69 |331.12 |0.43 |9.438 |0.28 |
|-------------------------------------------------------------------------|
|DDH_TE_05|301.40 |Central |29.33 |29.46 |0.13 |2.074 |0.06 |
|-------------------------------------------------------------------------|
|A |A |A |156.88 |157.13 |0.25 |11.64 |0.34 |
|-------------------------------------------------------------------------|
|DDH_TE_06|338.10 |Central |91.60 |92.32 |0.72 |1.508 |0.44 |
|-------------------------------------------------------------------------|
|A |A |A |112.26 |113.00 |0.74 |23.50 |0.69 |
|-------------------------------------------------------------------------|
|A |A |A |113.32 |113.67 |0.35 |9.582 |0.28 |
|-------------------------------------------------------------------------|
|A |A |A |124.70 |125.70 |1.00 |1.051 |0.03 |
|-------------------------------------------------------------------------|
|A |A |A |126.70 |127.50 |0.80 |1.594 |0.07 |
|-------------------------------------------------------------------------|
|A |A |A |156.09 |156.46 |0.37 |5.089 |0.15 |
|-------------------------------------------------------------------------|
|DDH_TE_07|380.25 |Canchete|15.07 |15.26 |0.19 |1.906 |0.56 |
|-------------------------------------------------------------------------|
|A |A |A |62.07 |62.28 |0.21 |1.252 |0.04 |
|-------------------------------------------------------------------------|
|A |A |A |96.69 |96.90 |0.21 |9.713 |0.28 |
|-------------------------------------------------------------------------|
|A |A |A |119.25 |119.49 |0.24 |19.74 |0.58 |
---------------------------------------------------------------------------








------------------------------------------------------------------------------
|Hole ID |Hole |Zones |From |To |Interval |Au |Au |
| |Depth |Tested |(meters)|(meters)|(meters)(2)|(ppm |(ounces)|
| |(meters)| | | | |or | |
| | | | | | |grams)| |
|----------------------------------------------------------------------------|
|A |A |A |133.46 |133.59 |0.13 |2.744 |0.08 |
|----------------------------------------------------------------------------|
|A |A |A |145.89 |146.01 |0.12 |6.136 |0.18 |
|----------------------------------------------------------------------------|
|A |A |A |146.88 |147.00 |0.12 |1.926 |0.06 |
|----------------------------------------------------------------------------|
|A |A |A |168.76 |169.00 |0.24 |5.964 |0.17 |
|----------------------------------------------------------------------------|
|A |A |A |169.29 |169.38 |0.09 |1.473 |0.04 |
|----------------------------------------------------------------------------|
|A |A |A |213.06 |213.19 |0.13 |2.10 |0.06 |
|----------------------------------------------------------------------------|
|A |A |A |213.19 |213.45 |0.26 |5.353 |0.16 |
|----------------------------------------------------------------------------|
|DDH_TE_08 |330.00 |Canchete|31.70 |31.85 |0.15 |1.353 |0.04 |
|----------------------------------------------------------------------------|
|A |A |A |44.90 |45.00 |0.10 |1.180 |0.03 |
|----------------------------------------------------------------------------|
|A |A |A |53.07 |53.19 |0.12 |2.233 |0.07 |
|----------------------------------------------------------------------------|
|A |A |A |90.50 |90.69 |0.19 |2.283 |0.07 |
|----------------------------------------------------------------------------|
|A |A |A |93.88 |94.12 |0.24 |1.827 |0.05 |
|----------------------------------------------------------------------------|
|A |A |A |121.35 |121.50 |0.15 |4.907 |0.14 |
|----------------------------------------------------------------------------|
|A |A |A |137.77 |137.98 |0.21 |4.579 |0.13 |
|----------------------------------------------------------------------------|
|A |A |A |195.50 |195.80 |0.30 |3.97 |0.12 |
|----------------------------------------------------------------------------|
|A |A |A |213.41 |213.54 |0.13 |3.468 |0.10 |
|----------------------------------------------------------------------------|
|DDH_TE_09(1)|604.70 |Central |533.44 |533.78 |0.34 |0.416 |0.01 |
|----------------------------------------------------------------------------|
|DDH_TE_10(1)|500.20 |Central |63.95 |64.02 |0.07 |0.259 |0.01 |
|----------------------------------------------------------------------------|
|DDH_TE_11 |501.25 |Central |52.00 |52.30 |0.30 |1.069 |0.03 |
------------------------------------------------------------------------------




(1)Highest gold value obtained in these drill holes

(2)The gold grades are uncut and the intercept reported drill core intercept widths do not necessarily reflect the true width of the mineralization encountered.

The Company utilizes an industry-standard quality assurance/quality control program. HQ and NTW diamond drill core is sawn in half with one-half shipped to the ISO-certified Canadian Institute of Mining, Metallurgy and Petroleum Peru SA assay laboratory in Lima, Peru, for chemical analysis. Blanks, duplicates and certified reference standards are inserted into the sample stream to monitor laboratory performance.

A Brief History of the Tesoro Gold Project

[conix]

Calvin--what was in the latest press release on the gold assays that SELSF drop? A recap with 2007 press releases does not cut it for most here that are licking their wounds.

I would not mind getting back in, but I do not want to tempt fate too much. I have traded this stock remarkably well. But if I rebuy and it gets clobbered, I could lose all I have gained.

So, trying to help everyone here. You seem to have a positive view on what is going on at SELSF/SLI.v. Those reading this board would be very interested in WHY you are still positive on the future?

Did you see the post I put up from Seeking Alpha? The writer said why SELSF is STILL over valued. Could you refute any of his assertions?

[Calvin Hobbes]

Repost on OLD ASSAYS for NEW INVESTORS.

Here is why you can get excited!

Historical results of assays from sampling at the Tesoro Gold Project:

Here is a quick breakdown of the numbers coming out of the Tesoro project from news releases over the last 4 to 5 years. Talk about consistent. Hard to find better numbers anywhere. This is only one of many reasons why this will be aWorld Class Gold Property.

December 12, 2005TESORO GOLD PROJECT, PERU Underground Sampling - Averagegrade at 40m-level 1.36 oz/ton Gold

January 30, 2006TESORO GOLD PROJECT, PERU 1.56 oz/ton Gold -Average Gold Grade of Initial 53.7 Tonne Bulk Sample

August 23, 2006TESOROGOLD PROJECT, PERU

0.88 oz/ton Gold - Average Gold Gradeof 67.1 Tonne Bulk Sample

September 14, 2006TESOROGOLD PROJECT, PERU

Underground Face Sample Results Include a 7m Vein Segment of3.73 opt Au and

60m Vein Segment of 1.48 opt Au (including16m of 2.75 oz/t)

January 31, 2007TESORO GOLD PROJECT, PERU

0.76 oz/ton Gold - Average Gold Grade of 112.5 TonneBulk Sample

March 27, 2007 TESORO GOLD PROJECT, PERU

Underground Exploration Discovers High-Grade Gold at Zona Central Lori McClenahan,President of St. Elias Mines Ltd. (the “Company”), is pleased to announce thediscovery of high-grade gold on the A-4 Vein System within the Zona Centralarea of the Tesoro Gold Project {the “Property”) located in southwestern Peru.Channel sample results from the 12-m level of the A-4 shaft include 1.0m of71.6g/t Au (2.08 oz/t) and 60cm of 33.2g/t Au (0.97 oz/t). The discovery wasmade as a result of cleaning out a short, rubble-filled shaft. The Company hassubsequently deepened this shaft from approximately 7m to 35m (115 feet).

April 17, 2007TESORO GOLD PROJECT, PERU 17.24 oz/t Gold at Zona Central

July 17, 2007HIGH GRADE GOLD POCKETS ENCOUNTERED

AT TESORO GOLDPROJECT, PERU

Lori McClenahan, President of St. Elias Mines Ltd.(the “Company”), is pleased to announce that an

additional 157.4 tonnes of bulk sample material hasbeen processed and has returned an average grade of

0.93 oz/t gold including 4.1 tonnes of 11.22 oz/t.These samples were obtained from development

material taken from the ZCV#1 Vein on Zona Cancheteand the A4 Vein System on Zona Central at the

Tesoro Gold Project (the “Property”) in southernPeru and are part of the Company’s ongoing

underground exploration and development program.

Included in this tonnage processed were anadditional 24.1 tonnes of bulk sample material which returnedan average gradeof 0.84 oz/t gold from the Zona Canchete.

January 31, 2008TESORO GOLD PROJECT, PERU -

Bulk Sample BatchesReturn Grades of 0.79 oz/t, 0.99 oz/t and 0.34 oz/t Gold

February 17, 2009TESORO GOLD PROJECT, PERU -

Bulk Sample Batches Return AverageGrade of 0.94 oz/t Gold

September 1, 2009TESORO GOLD PROJECT, PERU -

Bulk Sample Batches Return AverageGrade of 0.92 oz/t Gold

November 12, 2009TESORO GOLD PROJECT, PERU -

First Ever Bulk Sample Taken from C2Vein

Returns Average Grade of 5.84 oz/t(182 g/t) Gold

December 23, 2009TESORO GOLD PROJECT, PERU -

Bulk Sample Takenfrom C2 Vein Returns Average Grade of 2.02 oz/t (62.83 g/t) Gold

February 3, 2010TESORO GOLD PROJECT, PERU

Bulk Sample Returns Average Grade of3.74 oz/t Gold

and Initial Trenching Results SuggestPotential for Disseminated Gold

I have been in this stock since 2006, I am quite blessed in how I found this stock. My friend was a neighbor with Murray from IR. I did not know anything about the stock market. I only knew that the price of GOLD was going up. I also knew what I read of the news releases. Such as samples of oz / ton of rock...
The story has gotten much better since then. The FACTS are getting stronger.

http://www.quantecgeoscience.com/Tech/Titan24.php


QUANTEC SURVEY- Titan 24 Deep Earth Imaging – Leading in Deep Exploration
Titan 24 Magnetotellurics (MT) and IP / Resistivity (DCIP) is the leading deep search ground geophysical method worldwide. In mineral exploration (grassroots exploration and brownfields exploration), the system images conductive mineralization, disseminated mineralization, alteration, structure and geology to 700 m and beyond for reliable and cost-effective targeting of drill holes to depth. In a brownfields environment, Titan 24 is effective for both minesite exploration and near mine exploration, and has been used to find new ore both in mines and nearby. Case histories for both Titan 24 grassroots exploration and brownfields exploration are available on this site or on request through [e-mail].
Titan 24 is also applicable for other applications which require significant depths of penetration, such as geothermal investigations.

The result of a four-year effort to develop advanced tools for very precise and deep subsurface information, the array based Titan 24 Deep Earth Imaging system is the most advanced electrical earth imaging technology to date. Based on best practices found in the oil and gas industry, the system has been designed to meet the needs of a variety of stakeholders in mining exploration and to serve as a tool in making key property evaluation decisions.
Measuring the parameters of DC (resistivity), IP (chargeability) and MT (magnetotelluric resistivity), Titan 24 measures to depths of 750 meters with IP and can explore beyond 1.5 kilometers with MT data. These depths and multi-parameter data make the system the best option available for obtaining subsurface pre-drilling information related to geologic structure and for the direct detection of mineral deposits any where in the world.
Measuring multifold full waveform data and sophisticated digital signal processing, Titan 24 can highlight subtle features through thick cultural overburden, making it an important tool for investigation where the effectiveness of traditional methods has been limited. The system provides a strategic advantage at grass roots stages and also allows for the reassessment of many areas covered previously by less sophisticated exploration methods in and around established mining grounds. Titan 24 systems are proven to be effective in many geologic and physical environments.

Applications

Gold
Massive Sulphides
Penetration of thick overburden
Focus deep drilling
Grassroots
Deep Regional Earth studies
Structural information
Brown ground discovery including highly cultured areas such as existing mine sites

How it Works

Titan employs distributed array technology for data acquisition pioneered in the oil and gas industry. By measuring 24 or more stations simultaneously, Titan is able to efficiently record and process a vast amount of data. By sampling more data, faster and simultaneously, it provides increased reliability and accuracy of information compared to other methods. The method also employs a larger array (generally a 2400 metre spread), delivering much deeper capability than traditional means and airborne methods.

Attributes of the Titan 24 System

Distributed Acquisition System
High Multiplicity Source Receiver Data Sets
24bit Sigma Delta Time Series Waveform Data
Broadband D.C. to .01 Hz
Telluric Cancellation
Deconvolution of Input Waveforms
Multiparameter: D.C. Resistivity, IP, AMT, and MT
Rapid Data Collection
Fast Interpretation

In my honest opinion...
In time everyone will hear of this GEM... But will it be a household word already by then?

http://agoracom.com/ir/steliasmines/links

http://agoracom.com/ir/steliasmines/forums/discussion

http://www.steliasmines.com/news.htm

http://agoracom.com/ir/steliasmines/photos

GOD BLESS ALL

Mr. Hobbes

[conix]

Calvin--what are you hearing from the company? I have to tell you, for this company to have not commented on the recent volatility is IRRESPONSIBLE and alarming. And, until they do a press release that explains the gold report etc., smart investors are not going to trust this company.

Has anyone talked to the CEO? Come on. What a pathetic Public Relations strategy.

There may be another trade here. But it is going to take a explanation from the company before St. Elias recovers for a potential trade.

[conix]

Seeking Alpha--now I understand

St. Elias Mines' (SLI, TSXV) (SELSF.PK) hand was finally forced, and they released horrible drilling results from their over-hyped Tesoro property. The grades were low, and the widths were extremely narrow. There is very little hope left for Tesoro and St. Elias. By coincidence, the same day that St. Elias reported its results, Kaminak Gold (KAM, TSXV) (KMKGF.PK) reported stellar results with substantial Au grades on 10 meter widths, not mediocre grades on spider veins at fractions of a meter. But Kaminak's enterprise value of $115M is fairly close to that of St. Elias. Go figure.

[conix]

Hey, Calvin!???

You sound like you are very close to the company as you were very helpful in making many additions and changes to this i-Box. Usually all the details and time comes from someone who owns alot of shares and has alot of interest in a company.

Have you spoken witth any one at the company? Are you still positive on what is going on there?

Is this a great time to loadup at a huge discount from just two months ago?

Or has something happened and we are seeing those "in the know" bailing out?

I really would appreciate your insight.

Thanks

[conix]

440900, expecting news tomorrow. Should be interesting on the direction of the price.

[conix]

With the right kind of news, I may get back in. I think the company realizes they need to do some damage control.

[wshaw14]

[conix]

Thanks to St. Elias. Got out at 1.42

[cayman_west]

Some sort of comment would be nice here regarding the departure of the directors.

[conix]

Well. I am in again at $0.75 and $0.70

I expect some comment from mgmt soon.