Die Magie des Goldes - St. Elias!!!!! - 500 Beiträge pro Seite

[shareforce-united]

Starker Rebound binnen 1 Woche!!!!!

Hot Stock!

Here we go again!

[MrRipley]

nicht schlecht, aber ...?

[shareforce-united]

Antwort auf Beitrag Nr.: 39.276.622 von MrRipley am 05.04.10 22:24:25

. . . überwiegend Spekulation!
Noch keine konkreten Bohrergebnisse aus dem Tesoro Gold-Projekt in Peru!
Vermutlich Spielball von Daytradern!

[Frickhasserin]

Antwort auf Beitrag Nr.: 39.276.676 von shareforce-united am 05.04.10 22:41:06

zocke seit 1,10 CAD mit

[shareforce-united]

St. Elias Mines Ltd., Tesoro Gold Project: Update


11:48 AM ET, April 8, 2010

Apr 08, 2010 (TheNewswire.ca via COMTEX) -- (via Thenewswire.ca)

Lori McClenahan, President of St. Elias Mines Ltd. ("St. Elias" or the "Company"), is pleased to to update bulk-sampling results from the ongoing underground exploration program at its 100%-owned Tesoro Gold Project in southwestern Peru. An additional 23.9 tons of bulk sample material from the C2 Vein at Zona Canchete were processed at the Dynacor mill and returned an average grade of 0.78 oz/t gold. To date, 63 tons of bulk samples have been processed from the C2 Vein with an average grade of 2.04 opt gold.

The Company is now taking a bulk sample from the C3 Vein at Zona Canchete, which is a narrow but high-grade (+- 1.0 oz/t gold) vein paralleling the C1 Vein, which has been described in previous news releases (average grade of 0.99 oz/t gold based on milling of 451 tons of bulk sample.) The grade of the bulk sample from the C3 Vein should be available within the next two weeks.

St. Elias is also pleased to announce that it has initiated procedures to acquire an established Peruvian exploration company (Minera Santa Elisa S.A.C.) as a subsidiary. This will give the Company access to properties with solid evidence of epithermal gold, porphyry copper, and iron-oxide copper-gold mineralization.

In addition, the Company announces that it is in the process of completing an Environmental Impact Study ("EIS") for the Tesoro Project. The EIS is needed in order to obtain the required permitting for the Company's upcoming 5,000-meter drilling program.

Tesoro Gold Project

The Tesoro Gold Project is 100% owned by the Company with no underlying royalties. The Property covers approximately 2,000 hectares (5,000 acres) and is part of the well-known gold-bearing Nazca-Ocona belt that is located in southern Peru. The Nazca-Ocona gold belt has a long mining history dating back to pre-Incan time. Gold is associated with disseminated to semi-massive sulphides in quartz veins cutting a diorite intrusion. The continuity of the quartz veins and fractures is very impressive in the Nazca-Ocona belt. While the veins tend to be narrow, the grade is significant and the mineralized structures tend to extend along strike for kilometers and to depths of up to 1,000 meters.

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, John Brophy, P.Geo., a Canadian geologist residing in Peru, 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).

ST. ELIAS MINES LTD.

(signed "Lori McClenahan")

Lori McClenahan,

President

[shareforce-united]

Das Tesoro-Gold Projekt in Peru auf der Karte:

http://maps.google.com/?ie=UTF8&ll=-15.174184,-74.439433&spn…

http://www.steliasmines.com/properties/PeruFig4.pdf" target="_blank" rel="nofollow ugc noopener">http://www.steliasmines.com/properties/PeruFig4.pdf


http://www.steliasmines.com/properties/PeruFig3.pdf

http://www.steliasmines.com/tesoro1/sli_peru2.jpg" target="_blank" rel="nofollow ugc noopener">http://www.steliasmines.com/tesoro1/sli_peru2.jpg

[shareforce-united]

Gerade gefunden in einem Beitrag bei stockhouse.com:

NewsReleases from Zona Canchete
Feb 3,2010 - Bulk Sample Returns Average Grade of 3.74 oz/t Gold

Dec 23, 2009 -Bulk Sample Taken from C2 Vein ReturnsAverage Grade of 2.02 oz/t (62.83 g/t) Gold

Nov 12, 2009 - First EverBulk Sample from C2 Vein Returns Average Grade of 5.84 oz/t (182 g/t)Gold

Sept 1, 2009 - 56 tonnes with an average gold grade of 1.29oz/t were extracted from the C1

Jan31, 2007 - 0.76 oz/ton Gold - Average Gold Grade of112.5 Tonne Bulk Sample

News Releases from Zona Central

Sept1, 2009 - 75tonnes with an average gold grade of 0.64 oz/t were extracted from theA4

Feb 17, 2009 - Bulk Sample Batches Return Average Grade of0.94 oz/t Gold

Jan 31, 2009 - Bulk sample 26 tonnes grading 0.79 oz./t goldand 31 tonnes grading 0.99 oz./t

Apr 17, 2007 - 17.24oz/t Gold at Zona Central

Wenn das alles so stimmt, dann sitzen die wirklich auf einem "Berg von Gold"!

[Frickhasserin]

Antwort auf Beitrag Nr.: 39.328.519 von shareforce-united am 13.04.10 22:56:25

die Aktie hat aber eine gewaltige Vola

bei 1,10 CAD versuche ich den zweiten Zock

[shareforce-united]

Ein weiterer Beitrag aus "stockhouse.com":


SLI

This is using 1 "gram" per ton:

Estimated "MINIMUM" volume of the "GIANT" ore body is:

400D X 400W X 1450L = 232,000,000 m3

1 m3 of dirt averages 2.3 tons therefore; 232,000,000 m3 X 2.3 =533,600,000 cubic tons

Using only " 1 gram per ton" average grade you get 533,600,000 grams.

533,600,000 grams / (31.2 grams/ OZ) = 17,102,564 ounzes

REMEMBER THIS IS USING 1 GRAM PER TON FOR A GRADE WOW!!!

They had already had multi ounce GOLD samples come from rght above this "ENORMOUS EASTER EGG", 4 tons @ 11OZ/TON TO BE EXACT.
Just the shear size even at low grades makes it an extremely rare find that no other junior can touch!

17,102,564 ounces X $160 (average figure of proved gold in the ground) = $ 2,736,410,240

$ 2,736,410,240 / 82,000,000 shares = $33.37/ share $$$$$$$ EXTREMELY CONSERVATIVE

If you use 5 grams/ton you get approx 80,000,000 ounces. This is what BRE-X claimed they had when the share price hit $230!!!!
AND ST ELIAS MINES IS FOR REAL!!!!!

[Onyxia]

Antwort auf Beitrag Nr.: 39.328.663 von Frickhasserin am 13.04.10 23:27:05

1,10 Cad könnte wirklich ein interessantes Niveau für einen Einstig sein.

[shareforce-united]

Die European Roadshow beginnt morgen:

St. Elias Mines Ltd. Corporate Presentation in Zurich

1:25 PM ET, May 19, 2010

May 19, 2010 (TheNewswire.ca via COMTEX) -- (via Thenewswire.ca)

Lori McClenahan, President of St. Elias Mines Ltd. (the "Company"), announces that as part of its ongoing European roadshow, the Company has been selected to present at the Global Investing Conference in Zurich organized by Academy & Finance SA details as follows:

Date: Thursday, May 20, 2010

Location: Zunfthaus Zur Meisen

Munsterhof

Zurich

The presentation is by invitation only to prominent investment bankers, international mine financiers and high net worth individuals. The presentation will include an update of the Company's recent exploration activities in Peru, in particular, the Tesoro Gold Project located in southwestern Peru.

Academy & Finance is a Swiss-based conference organizer established in Geneva since March 2000. Academy & Finance has organized more than 350 events mainly in Geneva, Zurich and Luxembourg. Academy & Finance started to organize Commodities Investing conferences in 2004 with Jim Rogers in Geneva and New York.

In the past four years Academy & Finance has hosted 34 conferences in Geneva, Zurich and Singapore on Uranium Investing, Gold Investing, Base Metals Investing, Energy Investing and Oil & Gas Investing.

For further information on Academy & Finance SA refer to www.academyfinance.ch.

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).

ST. ELIAS MINES LTD.

(signed "Lori McClenahan")

Lori McClenahan,

[shareforce-united]

St. Elias Mines Ltd. Corporate Presentation in Beijing

3:40 PM ET, June 7, 2010

Jun 07, 2010 (TheNewswire.ca via COMTEX) -- (via Thenewswire.ca)

Lori McClenahan, President of St. Elias Mines Ltd. (the "Company"), announces that as part of its ongoing road shows, the Company has been selected to present at the Mines and Money Show in Beijing, China as follows:

Beijing

Date: Tuesday June 15, 2010

Location: Four Seasons Hotel Beijing, China

The presentation is by invitation only to prominent investment bankers, international mine financiers and high net worth individuals. The presentation will include an update of the Company's recent exploration activities in Peru, in particular, the Tesoro Gold Project located in southwestern Peru.

St. Elias is also pursuing a listing of the Company's shares on the Hong Kong and/or the Shanghai stock exchanges and, to this end, representatives of the Company are meeting with legal and financial firms to secure a sponsorship.

[shareforce-united]

St. Elias Mines Ltd. IdentifiesParallel Structural Corridor and Initiates Ground Based ExplorationProgram at Tesoro
6/22/2010 1:14:08 PM - NWC

Jun 22,2010 (TheNewswire.ca via COMTEX News Network) --

(via Thenewswire.ca)

Lori McClenahan, President of St. Elias Mines Ltd. ("St. Elias"or the "Company"), announces that based on recent interpretation of theStage 1 Titan 24 Geophysical Survey conducted by Quantec Geoscience Ltd.(refer to News Release of January 26, 2010) and the recently acquired2010 remote sensing data ("satellite imagery") from the Tesoro GoldProject in southwestern Peru (the "Property"), Company geologists haveidentified a structural zone parallel to and similar in size anddimension to the Main Tesoro Structural Corridor. This newly definedstructure is hereafter referred to as the "North Corridor."

TheMain Tesoro Structural Corridor (approximately 400 metres wide and 7kilometres long) hosts the four significant identified mineralized zoneson the Property: Zona Canchete (C-1and C-2 Veins); Zona Central (A-4vein); Zona Incognito (I-3 Vein); and Zona Sur. To date, all thedevelopment and the bulk of exploration on the Tesoro Gold Property hasbeen focused within this corridor, with only limited surficial samplingoutside of this zone.

The North Corridor (also approximately 7kilometres long) lies approximately 2 kilometres northeast of, and isparallel to, the Main Corridor. The North Corridor is defined by aseries of coincident geophysical/remote sensing lineaments, by numerouspits excavated in the past by "informale" miners and by two previouslyidentified mineralized zones (Zona Este and the I-3 Vein at ZonaIncognito.)

The Company will immediately initiate a surfaceexploration program consisting of detailed mapping and surface samplingto define the mineral potential of the North Corridor in advance of asystematic trenching program.

Lori McClenahan, President and CEO,stated "This is an extremely exciting development. Every newadvancement in technology has aided in new discoveries. The wealth ofinformation St. Elias has derived from the Stage 1 Titan 24 GeophysicalSurvey, and now the Satellite Imagery, has significantly enhanced (andadded) to the Tesoro Project. We are currently awaiting results fromthe Stage 2 Titan 24 Survey which will provide even more information."

TesoroGold Project

The Tesoro Gold Project is 100% owned by theCompany with no underlying royalties. The Property covers approximately2,000 hectares (5,000 acres) and is part of the well-known gold-bearingNazca-Ocona belt that is located in southern Peru. The Nazca-Oconagold belt has a long mining history dating back to pre-Incan time. Goldis associated with disseminated to semi-massive sulphides in quartzveins cutting a diorite intrusion. The continuity of the quartz veinsand fractures is very impressive in the Nazca-Ocona belt. While theveins tend to be narrow, the grade is significant and the mineralizedstructures tend to extend along strike for kilometers and to depths ofup to 1,000 meters.

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

QualifiedPerson

All technical work is being supervised by, and thecontents of this news release have been verified by, John Brophy,P.Geo., a Canadian geologist residing in Peru, who is a "qualifiedperson" as defined in National Instrument 43-101, Standards ofDisclosure for Mineral Projects.

Incentive Stock Options

TheCompany has granted incentive stock options to certain of the Company'sdirectors, officers, employees and consultants to purchase up to350,000 common shares under the Company's Stock Option Plan. Theoptions will be granted for a period of two years, commencing on June22, 2010 at a price of $1.10 per share.

For additionalinformation on St. Elias and its projects, please visit us atwww.steliasmines.com or call 1-888-895-5522begin_of_the_skype_highlighting 1-888-895-5522 end_of_the_skype_highlighting (tollfree US and Canada).

ST. ELIAS MINES LTD.

(signed "LoriMcClenahan")

Lori McClenahan,

[shareforce-united]

St. Elias Mines Ltd.; Stage 2 of Titan 24 Geophysical Survey and Interpretation Successfully Completed at Tesoro Gold Project in Peru
Sep. 16, 2010 (TheNewswire.ca) --

Vancouver, B.C. September 16, 2010 Lori McClenahan, President, St. Elias Mines Ltd. (TSXV:SLI) (SLI - TSX:V)("St. Elias" or the "Company"), is pleased to announce that the Company has received the final Geophysical Survey Interpretation Report from Quantec Geoscience Limited ("Quantec") with respect to the recent Stage 2 Titan 24 survey conducted at the Tesoro Gold Project (the "Property") in Peru. The survey has successfully identified at least 19 first priority geophysical anomalies with potential for gold mineralization from near surface to >400 meters depth and 26 zones which are classified as second priority targets for follow up. These zones are interpreted to be related to, and/or the extension of, previously discovered mineralized zones in the Property.

Quantec, a leading global provider of geoscience solutions, performed a Titan 24 Direct Current Resistivity (DC), Induced Polarization (IP) and Audio Magnetotelluric (AMT or MT) survey over the Tesoro Project located in southwestern Peru in the province of Arequipa.

The Titan 24 Survey on the Property was conducted in two stages. During the fall of 2009, Quantec conducted Stage 1 of the survey which consisted of nine lines covering approximately 21.6 line kilometres over the project area. Stage 2 of the survey, designed to follow-up the results of the 2009 Stage 1 survey, was conducted in spring of 2010 and comprised 18 Titan lines totalling 43.2 line kilometres infilling the area within the lines from the Stage 1 survey.

The completion of the Stage 2 program has resulted in the entire Tesoro Project being covered by Titan 24 survey and provide detailed information for drilling and follow up 3D geological modelling.

Titan 24 Survey Objective

The exploration objective at the Tesoro Project was to map DC, MT resistivity and IP chargeability anomalies and to delineate target zones potentially related to mesothermal gold mineralization and alteration zones from surface to approximately 1,500 metres depth.

Titan 24 Survey Results

The Titan 24 Geophysical Survey at the Tesoro Project has successfully identified at least 19 first priority geophysical anomalies with potential for gold mineralization from near surface to >400 meter depth. Most of the first priority targets are situated along or in the vicinity of the northwest-southeast structural trends in the central part of the survey grid, the "Tesoro Structural Corridor". These anomalies are primarily associated with areas of intercepts of interpreted various lineaments. The lineaments' orientations may represent several geological and structural events relevant to a mesothermal model and gold mineralization.

A total of 26 anomalous zones are classified as second priority targets for follow up at the Tesoro Project. These zones are moderate-to-limited area responses and are of moderate-to-strong chargeability.

The survey was successful in resolving at least 10 anomalies related to known mesothermal mineralization at Tesoro, particularly within the "Tesoro Structural Corridor". These zones are identified as "Zona Canchete", "Zona Central", "Zona Sur", "Zona Incognito" and "Zona Este". Generally, there is a direct correlation of the interpreted major and secondary lineaments with the interpreted anomalies over the known mineral zones.

In addition to the shallower DC-IP and MT anomalies, the MT inversion models indicate the presence of various deep MT resistivity low and gradient/structural zones that extend to depth from approximately 500 metres to >1,000 metres. The interpreted deep MT anomalies located below and in the vicinity of the target zones (first, second and tested zones) suggests potential for mineralization and/or alteration at depth. These deep responses are possibly geologically and structurally controlled.

Drilling

Quantec, through detailed analysis of their Titan 24 data, has recommended a total of 52 drill holes to test the first and second priority targets interpreted in the property. Of them, 26 drill holes are recommended to test the first priority anomalous zones and 26 drill holes are proposed to test the second priority target zones.

Titan 24 Geophysical Survey

Over the past 20 years, Quantec has completed in excess of 3,000 geophysical projects worldwide including over 400 Titan 24 surveys. Titan 24 is the leading deep earth imaging technology for delineating ore bodies to depth. While deep drilling can be expensive, Titan 24 focuses drilling and achieves success by clearly prioritizing targets. With the depth achieved, Titan 24 is a highly cost effective means to not only unlocking, but realizing a property's full value.

Tesoro Gold Project

The Tesoro Gold Project is 100% owned by the Company with no underlying royalties. The Property covers approximately 2,000 hectares (5,000 acres) and is part of the prolific 300km X 30km Nazca-Ocoña gold belt parallel to the Pacific coast of southwestern Peru. The Nazca-Ocoña gold belt has a long mining history dating back to pre-Incan time. Gold is associated with disseminated sulphides that seeped into quartz veins and fractures within the intrusive body. The continuity of the quartz veins and fractures is very impressive in the Nazca-Ocoña belt. While the veins tend to be narrow, the grade is significant and the mineralized structures tend to extend along strike for several kilometers and to depths of up to 1,000 meters.

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:

European Investor Relations U.S. Investor Relations

Nicholas Fuller Herbert HaftNick Fuller & Associates The Haft Group, Inc.

Tel: [phone] Tel: [phone]

Email: [e-mail] 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.

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.

[Frickhasserin]

bald gehts wieder los

[shareforce-united]

Antwort auf Beitrag Nr.: 40.601.032 von Frickhasserin am 26.11.10 22:14:03

Ja,die Genehmigung der peruanischen Regierung worauf man seit 8 Monaten wartet, soll im Dezember 2010 erteilt werden.( Vorsicht! Zur Zeit reine Spekulation!) Dann dürfen Bohrproben gemacht werden!

Vielleicht bestätigt sich dann das Ergebnis der Messungen: Man sitzt auf einem Berg voll Gold!

[shareforce-united]

1,95 CAD = 1,455 Euro ein sattes Plus von 9,55%
Volumen = 873.101 Stück

Ohne news! (Oder weiß irgendwer schon was?)

[Frickhasserin]

Antwort auf Beitrag Nr.: 41.046.505 von shareforce-united am 15.02.11 22:29:14

der Bulle ist wieder los

[Frickhasserin]

wahnsinnige Eindeckungskäufe knapp unterhalb 52 Wochenhoch

da kommt was gigantisches

[shareforce-united]

Antwort auf Beitrag Nr.: 41.052.519 von Frickhasserin am 16.02.11 18:44:23

Auf "etwas gigantisches" werden wir wohl noch etwas warten müssen. Hier die News, soeben veröffentlicht:

St. Elias Mines Ltd. - 3D Information for the Titan 24 Geophysical Survey Received from Tesoro Gold Project in Peru

Feb. 16, 2011 (TheNewswire.ca) --

Vancouver, B.C. February 16, 2011 Lori McClenahan, President, St. Elias Mines Ltd. (TSXV:SLI) (SLI - TSX:V)("St. Elias" or the "Company"), is pleased to announce that the Company has received 3D data and images generated from Quantec Geoscience Limited ("Quantec") with respect to the Stage 2 Titan 24 survey conducted at the Tesoro Gold Project (the "Property") in Peru.

Work is continuing by Company consultants, an independent engineering firm and Quantec to interpret all data received from both Phases of the Titan 24 Surveys. This work includes but is not limited to "stitching or splicing" the 3D images into a single image that covers the entire Tesoro Project, and constraining (correlating) the 3D geophysical data to known geological structure, gold mineralization, geology and alteration.

Results will follow shortly.

[Frickhasserin]

Allzeithoch ist erreicht

entweder sehen wir nächste Woche einen Rücksetzer, oder der Kurs explodiert erst richtig.

[Frickhasserin]

anschnallen

2 Euro sind erreicht

[shareforce-united]

Trading Halt!!!!!!

Hoffentlich kommen positive News, z. B. die Bohrgenehmigung der peruanischen Regierung, worauf wir schon so lange warten!

April 29, 2011 14:25 ET
IIROC: Halt, St. Elias Mines Ltd.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 29, 2011) - The following issue(s) have been halted on the TSXV today:
Company / Compagnie St. Elias Mines Ltd.
TSXV Symbol / Symbole SLI
Reason / Motif Request of company pending news
Halt Time / Heure de l'Arrêt 14:10:00 ET

Please note that IIROC is not able to provide any additional information regarding a specific trading halt or resume. Information is limited to general enquiries only.]

[shareforce-united]

St. Elias Mines Ltd. - Environmental Impact Study Completed at Tesoro Gold Project in Peru

May 2, 2011 (PR Newswire) --

VANCOUVER, British Columbia, May 2, 2011 /PRNewswire/ -- Lori McClenahan, President and CEO of St. Elias Mines Ltd. (SLI - TSX:V), today announced that the Peruvian government has approved the Company's Environmental Impact Study ("EIS") for the Tesoro Gold Project located in southwestern Peru. This represents the third EIS completed at the Tesoro site.

"We are delighted with the approval of our EIS. The completion of this EIS is in line with St. Elias' aggressive exploration program at Tesoro. The Company is now well-positioned to begin its drilling program with cash and encouraging exploration results, including gold assays and favourable targets from a deep penetrating Titan 24 geophysical survey, in hand," Ms. McClenahan noted.

The 2011 drilling program at the Tesoro Gold Project will commence as soon as possible. The program is being designed to test near surface and deeper geophysical anomalies identified by the Titan 24 geophysical survey. The drilling program will consist of 10,000 metres of diamond drilling with holes down to depths of up to 1,500 metres.

Exploration results to date have shown the Tesoro Gold Project to be permissive for the expansion of known gold mineralized zones both on strike and to depth as well as the discovery of additional gold mineralization. The Tesoro Project has never been evaluated to depth, or to its full strike potential. This provides the potential for the discovery of additional mineralization.

Tesoro Gold Project, Peru

The Tesoro Gold Project, consisting of nine mineral claims covering 17,436 acres, is located in the Department of Arequipa in the District of Acari in southwestern Peru. The property is 100% owned by the Company with no underlying royalties.

The Tesoro Gold Project lies within the well-known 300 km X 30 km Nazca-Ocona gold belt adjacent to and paralleling the Pacific coast of southwestern Peru. The Nazca-Ocona gold belt has a long mining history dating back to pre-Incan time with more than 70 gold deposits having been discovered and exploited since the 17th century, which are quartz-vein hosted. Gold is associated with disseminated sulphides that seeped into quartz veins and fractures within the intrusive body. The continuity of the quartz veins is very impressive in the Nazca-Ocona belt. While the veins tend to be narrow, the grade is significant and the mineralized structures tend to extend along strike for several kilometers and to depths of up to 1,000 meters.

The Tesoro Gold Project is an advanced stage gold exploration target hosting several historic gold showings and gold workings. The style of mineralization on site represents a mesothermal vein exploration target, indicating that the vein structures may extend to a considerable depth. To date, mesothermal-vein style gold mineralization has been identified superficially and to depths of up to 100 metres in underground workings.

Qualified Person

The technical content of this news release has been reviewed by, Paul D. Gray, P.Geo., who is a "qualified person" as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.

[X-ENERGY]

http://www.goyax.de/nachricht/dj-irw-press-st-elias-mines-lt…