Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE

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Message: To a Geologist and a geophysicist

The Tesoro Property hosts at least one mineralized gold structural corridor of 200-300 meters wide and runs over 6000m (6km) , through the entire property, and continues strike on both ends after exiting the property. There is also another longer mineralized corridor on the property as well. The former is known as the main corridor. By reviewing historical data, you will find much structure and almost every rock type being mineralised with gold to some extent, as well as the structures. The grades of the veins are robust as well as the mineralised structures being considerable. Surface, and down to 100m on the property ,shows samples that are very appreciable, some, very high bonanza gold grades, as well as a couple noticeable copper samples. A complete look at the historic data will suggest an amazing property.

Most of the 12,740 meter drill program completed in 2012 on this property, had roughly 30% of the drill program, 3761 meters, 14 holes, no results. This math would have these 14 holes averaging a considerable depth of 262 meters each. Most, if not all these holes were drilled in the main structural corridor. It appears these holes had NO significant mineralization above the cut off grade of 0.5 g/t, and no data whatsoever is documented in the news releases about these holes, that averaged 262 meters each. There is no azimuth nor drill angle for any of the 43 holes in the news releases, and the drill program map has been taken off the company,s website as far as I know, although some shareholders have it filed away and are in receipt of it, upon request, shows these holes were drilled around veins and/or structures that are usually mineralised on the property. In the tech report done on the property in 2010, a full Quantec geophysics survey can be utilized to examine anomaly position in relation to any structure on the property, including all structure from historic data.Hole 16, when viewed from the company,s drill program map (which is drill holes plotted on a satelite image of the property), is quite interesting, and, in my opinion, would prompt any geo to take a closer look, at all the available data. Hole 16, is one of the 30% of the drill program that had no results. Also on the map, there are 2 hole # 14, and no hole #15, just to point out. Hole 15 has no information or results shown either.

Here is a list of the holes that are absent from the news releases and are presumed of having no significant results of 0.5 g/t gold or more.

12,13,15,16,18,19,20,31,32,33,34,40,42,43.

You will notice in this number arrangment, as the last half of the numbered holes, have no results, hole # 43 being the last hole drilled in the program. I believe this drill program, perhaps combined with the trenching program, cost the company over $4 million dollars. By looking at a drill program map, it can be seen that the drilling continued to seek new targets on the property right up to the very end, and did not concentrate on proving up a shallow resource of known areas that historic sampling down to 100m. Why would anyone do this, when a more prudent thing to do, would be after having limited success with new targets, to direct the drilling to the known areas to prove up a resource, that would add value to the company and support a stock price, that would keep investors happy?

The trenching program that ran in conjunction with the drilling program and prior to the program, was released as below. Thats it, not enough information to tell not only investors anything, but any professional can clearly see the inadequacy of it as well. This was a huge trenching program of 4250 meters in 66 trenches with 557 samples taken. By looking at some satelite imagery of around May 2013, its hard to pinpoint the exact date the image was taken, but it appears that about the first 1600m of that trenching program was done on the NE part of the property, where to my knowledge and access of historic data, there was very limited, if any trenching done there before. In this same area, a test was done of the Quantec geophysics in 2010/11, which resulted in a 9ft hole being dug and an 18 inch sample of a vein being taken that averaged 2.57 ounces of gold, for me, this, among other tests, conveys the accuracy of the Quantec Geophysics. So, no wonder investors are bewildered, a very costly trenching program, and it is released to the public/market, in this manner? IMO, there are many serious questions to be asked of the expensive drill and trench program from a mangement that has appreciable years of mining experience. This experience is quite depicted in historic data before 2010, thereafter, the presentation seemed to take on a much lesser quality.

This whole post is in my opinion and here is the full trenching specifics that have been released to the public, below.

The Company has also completed a mechanized trenching program on the Property. A total of approximately 4,250 linear meters of trenching in 66 trenches were completed. 557 samples, from the wall rock and quartz veins, were collected and submitted for analysis from these trenches. The majority of the trenching was completed in the area between Zona Central and Zona Sur.

417 Wall Rock Samples Au ppm
Maximum grade

0.525

Minimum grade <0.005
Average grade

0.032

140 Quartz vein or MineralizedStructure Samples (“QV or MSS”) Au ppm
Maximum grade

22.36

Minimum grade <0.005
Average grade

1.35

Maximum Sample Width (“QV orMSS”) 0.80m
Minimum Sample Width (“QV orMSS”) 0.01m
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