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........
"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.
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.
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.
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