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Vancouver, B.C. April 17, 2013, St. Elias Mines (SLI - TSX:V) ("St. Elias" or the "Company") announces that it has come to the Company's attention that there was an error with respect to the depth of one of the drill holes at the Tesoro Gold Project in Peru as reported in the Company's news releases dated January 10, 2012 and January 23, 2012. It was announced that DDH-TE-08 was drilled to a depth of 330.0 metres when it was actually drilled to a depth of 233.0 metres. This drill hole was one of 43 drill holes of a drill program in excess of 12,000 metres. This error was essentially a data entry error and has no impact on the overall results of the drilling program, nor does it prejudice any conclusions that might be drawn from those results
The only thing that Lori plans is to spend more money on travelling with her friends on shareholders money. If you think 18-24 months is a resonable amount of time to drill 5000 meters then it doesnt matter what we say to you. How about release the rest of the drill results and how about the trenching thats has been going on since Lori's hair style was in fashion.
Jmo
The best part is the another 18-24 months. Those have to be the slowest drilling drills I have ever heard of. I think things will go faster if you just get the locals to pick axe those holes it will be alot faster.
Current management is a complete joke.