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: CC update?

These the key things that were communicated - IMO:

  • Mis-information floating around is not accurate.
  • The potential has not been deminshed in anyway shape or form on this property or the company.
  • All communication will be done correctly through regulated channels - not the chat boards or rumour mill.
  • Drilling completed is now at 6,300m todate
  • 2,000m/mth drilling rate.
  • deep rigs are not ordered yet and will be ordered once more results ar ein to fine tune and determine the best 3 targets for the deep targets identified by Quantec survey.
  • The main purpose of the Quantec survey was to determine deep targets and we identified the anomoly and additional shallow targets that were a bounus.
  • This is a systematic development process and it will take time to determine next step along the way. The geo's will do detailed inturterptations on all results to fine tune the next steps.
  • Estimated completion of the existing exploration program is expected too be Oct 2012.
  • Anomloy is between the C1 and A4
  • The 2 old director were asked by Lori to resign as they were not participating directors. They took their money off the table always and did not build their position and show strength within the company directorship. This carried on for too long over 12 years.
  • The 2 new director are thrilled to be on board and will be participating directors. They have the capicaty and knowledge of how to handle take overs and growth within an active company.
  • We are fully financed to complete our exisiting exploration program.
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