St. Elias Mines

Remember these are just initial results. They are in the process of proving out the mine and as Lori stated, these are not the compete results. Don't try to evaluate the enire property from these INITIAL results. The market was crying for some news of any kind and they gave us what they have so far. The deep rig is about to start, this is just scratching the surface so to speak (pardon the pun).

c/p from the NR

“I believe that complete results received from the Phase I drilling at Tesoro will be more representative than the partial results reported here, however, it is important to note that the results so far indicate the system is mineralized to depth” stated President Lori McClenahan.