You bet Veeblue!

Anyway here's a part of the Oct 20, 2010 NR (43-101) (I did the hi-light & underline though)

Conclusions and Recommendations

In the Report, Mr. Gray states "The research, site visit, Property inspection and data compilation conducted with respect to this Report, have lead the author to the conclusion that the Tesoro Property represents a solid gold exploration target that warrants a systematic and phased series of mineral exploration programs to adequately appraise the Project’s economic potential."Page 2 ST. ELIAS MINES LTD. News Release 2010-40 (October 20, 2010)

With the completion of the 2009-2010 Quantec Titan 24 geophysical surveys and subsequent interpretation of these data, several high priority anomalies have been identified which require follow-up by detailed systematic mineral exploration methods including trenching and diamond drilling. The author recommends a staggered series of exploration work programs designed to achieve the following exploration objectives:

•re-processing (3D Geological model) of the Quantec Titan-24 geophysical data to guide all surface and sub-surface exploration on the Property;

• detailed geological control (outcrop mapping) of entire Property by prospecting and GPS surveys;

•systematic sampling of all quartz vein exposures defined from the above;

•“on the ground” follow-up and surface sampling of all high-priority geophysical anomalies;

• systematic trenching and open cut exploration and sampling of anomalies generated from above, with particular attention on the newly discovered North Corridor;

• diamond drilling (24 drillholes totalling approximately 10,000 metres) designed to test the near surface and deeper seated geophysical anomalies identified by the Titan 24 Geophysical Surveys.

A proposed budget of $2,500,000 has been outlined for this entire exploration campaign. The exploration programs (and budgets), are designed to test the Tesoro Property’s gold mineralization potential and will yield enough information to guide subsequent mineral exploration and development programs on the Property.