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

Free
Message: SH BB sure is quiet.

The Chance G is located at the northeast corner of the Chance 1. I have tried to download the map of it on here but it doesn't work for me. My guess is that Marcial is informal mining it, not sure what we/she gets from it? Remember he has been mentioned in past news releases, as he is Brophy's side kick:

Subject to the availability of additional capital, St. Elias intends to complete the National Instrument 43-101 compliant resource estimate on the waste rock dumps [by mid-2014]. These dumps are unusual because they were left behind by informal miners who rejected any material that was visually estimated to grade less than 15 g/t gold (pers. com., Marcial Portocarrero, 2012).

Also, don't forget the NR she put out shortly after acquiring the Chance G.

St. Elias Mines Ltd. New Gold Bearing Vein at Tesoro Returns Assay Results of 2.51 oz/t Gold

Vancouver, B.C. July 27, 2010 Lori McClenahan, President of St. Elias Mines Ltd. (SLI – TSX:V)
(“St. Elias”), is pleased to announce the discovery of a new gold-bearing vein at the Tesoro Gold Project (the “Property”) located in southwestern Peru.

Prospectors engaged to follow up geophysical anomalies from the recent Stage 1 Titan 24 geophysical survey have discovered a new gold-bearing vein (the “N-1 Vein”) near the northeastern area of the Property. The N-1 Vein strikes 330 degrees and dips 75 degrees to the east. Although mainly covered by overburden, the N-1 Vein has been traced for a strike length of 220 meters and is open to the north and south. A sampletaken from a 3-meter-deep pit returned assay results of 2.51 oz/t gold across 0.3 meters. Approximately 20% of the gold assay is due to the presence of coarse gold. John Brophy, P.Geo., a qualified person, confirms the width and extent of the vein. Trenching and additional sampling of this area are planned for the future.

Share
New Message
Please login to post a reply