{"id":1453,"date":"2011-10-19T19:28:24","date_gmt":"2011-10-19T19:28:24","guid":{"rendered":"http:\/\/www.quantecgeoscience.com\/?p=1453"},"modified":"2011-10-19T19:28:24","modified_gmt":"2011-10-19T19:28:24","slug":"st-elias-mines-ltd-corporate-update","status":"publish","type":"post","link":"https:\/\/quantecgeo.com\/es\/st-elias-mines-ltd-corporate-update\/","title":{"rendered":"St. Elias Mines Ltd. \u2013 Corporate Update"},"content":{"rendered":"
\n

Vancouver, BC, October 19, 2011, Lori McClenahan, President of St. Elias Mines Ltd. (the \u201cCompany\u201d), announced today the following corporate update:<\/p>\n

 <\/p>\n

The Company is in the process of a 10,000m drilling program at the Tesoro Gold Project in southwestern Peru. The initial portion of the drilling program has been designed to test near-surface targets identified by the Titan 24 Geophysical Survey conducted at the Tesoro Gold Project. Results will be announced once they are received and compiled.<\/p>\n

 <\/p>\n

St. Elias recently completed a $4,500,000 private placement giving the Company approximately $9,200,000 in the treasury. St. Elias is well-positioned to weather the current market conditions and continue with the advancement of our existing gold projects.<\/p>\n

 <\/p>\n

The MiningStockReport has initiated coverage on St. Elias Mines Ltd. The MiningStockReport.com is an investor information portal, with a focus on emerging nano-cap, micro-cap and small-cap companies. The MiningStockReport.com<\/a> provides an extensive informational resource, where investors can find valuable tools and resources to aid them in making their independent investment decisions. For public companies, MiningStockReport provides a number of online and offline services aimed at distributing information and providing increased exposure.<\/p>\n

 <\/p>\n

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

 <\/p>\n

European Contact<\/strong><\/p>\n

Michael Kott<\/p>\n

CM-Equity AG & Co. KG Financial Service<\/p>\n

Tel: 011 4989 1890 474 0<\/p>\n

Email: kott@cm-equity.de<\/a><\/p>\n

 <\/p>\n

U.S. Contact<\/strong><\/p>\n

Herbert Haft<\/p>\n

The Haft Group, Inc<\/p>\n

Tel: (212) 759-8865<\/p>\n

Email: herbhaft@haftgroupinc.com<\/a><\/p>\n

herbhaft@aol.com<\/a><\/p>\n

 <\/p>\n

ST. ELIAS MINES LTD<\/strong><\/p>\n

Lori McClenahan,<\/strong><\/p>\n

President<\/strong><\/p>\n

 <\/p>\n

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this document.<\/p>\n

 <\/p>\n

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.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Vancouver, BC, October 19, 2011, Lori McClenahan, President of St. Elias Mines Ltd. (the \u201cCompany\u201d), announced today the following corporate update:   The Company is in the process of a 10,000m drilling program at the Tesoro Gold Project in southwestern Peru. The initial portion of the drilling program<\/p>","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,1],"tags":[],"class_list":["post-1453","post","type-post","status-publish","format-standard","hentry","category-client-press","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/quantecgeo.com\/es\/wp-json\/wp\/v2\/posts\/1453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quantecgeo.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quantecgeo.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quantecgeo.com\/es\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/quantecgeo.com\/es\/wp-json\/wp\/v2\/comments?post=1453"}],"version-history":[{"count":0,"href":"https:\/\/quantecgeo.com\/es\/wp-json\/wp\/v2\/posts\/1453\/revisions"}],"wp:attachment":[{"href":"https:\/\/quantecgeo.com\/es\/wp-json\/wp\/v2\/media?parent=1453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quantecgeo.com\/es\/wp-json\/wp\/v2\/categories?post=1453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quantecgeo.com\/es\/wp-json\/wp\/v2\/tags?post=1453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}