Sorry for the little rant in my last post, this post should help and support the rant adding merit. Thank you

In this post I will point form excerpts from the link and expand on them.

1)Lori McClenahan, President of St. Elias Mines Ltd. (the “Company”), is pleased to announce
that a new zone containing disseminated gold mineralization has been discovered on the Tesoro
Gold Property (the “Property”) located in southwestern Peru.
A composite chip sample of highly silicified granodiorite has returned 27m (88.5 feet) of 1.74g/t
Au. The silicification within the granodirite occurs as knots, stockworks and inundations which
is completely different from the quartz veins and sulphide bearing shear zones that were thought
to be the only targets for gold mineralization within the Property.

1) Look at the width of that mineralization. Look at the substantial grade of that mineralized host rock that is the country rock of the area and that hosts the gold bearing veins as well.

2)The granodiorite is exposed in an isolated window, approximately 100 meters x 100 meters,
completely surrounded by a thin layer of overlying barren volcanics. The granodorite is located
at the precise intersection of the two major structures: the north-northwest trending Main Veins
structural corridor and a transverse structure trending north-northeast. The north-northeasterly
structure is expressed by a coincident valley. There are two other intersections of these northnortheasterly
structures (valleys) that intersect the Main Veins structural corridor within the
Property. In both of these other two intersections, the shallow layer of volcanics remains intact
and thus the underlying rock units are not exposed.

2) Look how this 100 x 100m square is only exposed, while the rest is covered. Look at how the positioning of this appears to be on the faults or intersections, suggesting an intrusion from below. And what does the Quantec Geophysics tell us that is below, would it be perhaps anomalies? The Tesoro has been identified as having a deep seated mesothermal component, which in that area because of the subduction zone/s, there is much force when the mineralization is brought to the surface making structures steep dipping. This in turn would suggest that if a shallow trenching project was done, that it may not intercept it because of the dip, however, because of an intrusion of a structure this wide, it is very reasonable to expect it to get wider with depth, as does the veins appear to on the property.

3)

Management is excited about this recent discovery as it demonstrates that the Property not only

hosts multiple epithermal gold-bearing veins as previously announced but also possible

deposit(s) of disseminated gold.

3) Notice the "s"? Yes, because numerous news releases and other data shows that there are more than isolated pockets of disseminated gold on the property. The drill results show NONE of these areas, which are extremely important and should have been drilled. And because of numerous areas of this found on the properties, I don,t know how the drills could have missed them.

4)News Release 2004-14
September 8, 2004
The Phase I program was carried out on the Property during a
three-month period starting in June 2004. The program consisted of control grid emplacement,
reconnaissance mapping and prospecting, detailed geological mapping, trenching and rock
sampling.

4) Look at the efficiency in reporting these results. June, July, Aug, and the sample results are out a month after the work was done. Excellent! on the Timely Disclosure Policy!

5)At Zona Canchete there are five principle veins measuring up to 200 meters long within a 400m
by 400m area. Two of these veins strike north-northwest and three strike east-west. All veins
are steep dipping. The veins are narrow at surface, generally less than 20cm, but widen at depth.
Samples from these veins generally assay more than 16.0g/t (0.5 oz/T) gold. The veins at the
bottom of the deep piques in this area are reported to be 60-80cm (2 ft - 2.5 ft) in width.

5) Well, well, well, lookey here, the veins WIDEN at depth. Piques on the property, from other news releases, suggest that 35m is the maximum the informales would go. So a bit of quick math would suggest the veins being around 2.4 meters wide at the 115m depth, this appears to be consistent with the corresponding Quantec slide for that area, with the vein/s widening out much quicker beyond this level and mineralization becoming more extensive. I recall Primed saying the veins DONT WIDEN AT DEPTH, and JEFF, an IR guy saying the veins are narrow and uneconomical, how come this news release and more historical evidence is contradicting what they say?

6)A total of 143 samples were collected from numerous quartz veins in the four zones that occur
along the main vein. The samples were analyzed by ALS-Chemex Laboratories in Lima by fire
assay with atomic absorption finish. Duplicates of every tenth sample were analyzed by CIMM
Laboratories in Lima using the same assay technique.
Assay values for the 143 rock samples analyzed to date range from 0.03 to 97.1g/t gold (>0.01 to
3.12 ounces) with an average grade of 14.14g/t gold (0.41 oz/Ton) and a mean grade of 14.44g/t
gold (0.42 ounces). Sample widths range from 5cm to 200cm.

6) This may suggest that there are surface veins reaching 200 cm at surface, although not clear, it does say these samples were taken from numerous quartz veins. Thats 2m, well in line with a shaft mining width.

7)An additional 60 samples are being submitted to the laboratories for analysis. Some of these
samples are from a 140m long trench, located at Zona Canchete, that intersected numerous
quartz veins and areas of argillic alteration zones with cherty quartz.

7) Numerous veins? Numerous areas of alteration zones?

8)The orientation of the veins exposed in these historic workings indicates that there are in the
order of 50 separate veins occurring within the Property. At a number of locations within the
Property, the vein density is such that a large-tonnage disseminated gold target is being
investigated by trenching.

8) Notice the last sentence? And remember this news release is from the very early days of the property, we have worked and discovered many more things since then. It says, "at a number of locations" "the vein density is such that a large-tonnage disseminated gold target is being
investigated by trenching."

Why are our drill results not reflecting any dissemination of gold? Dynacor, 10km,s or so to our north, also recognize, in their old news releases, mineralized shear zones with considerable gold grades as well as perhaps other mineralized structures other than veins.

http://agoracom.com/ir/steliasmines/forums/discussion/topics/502417-lode-gold/messages/1600115

9)In addition to gold occurring in the quartz veins, it also occurs in
adjacent rock units (the andesite dyke, fault gouge and fresh granodiorite.)
Of 11 samples of "andesite dyke", the average grade is 1.73g/t gold (range
0.02 to 10.0g/t gold) across an average width of 82cm. Of 11 samples of "fault
gouge", the average grade is 4.46g/t gold (range 0.05 to 24.7g/t gold) across
an average width of 30cm. Of 6 samples of "fresh granodiorite", assays range
from 60ppb gold to 870ppb (0.87g/t) gold, with an average grade of 0.36g/t
gold across an average width of 40cm. This low-grade material is being
stockpiled on surface for possible future processing.

http://www.newswire.ca/fr/story/126999/st-elias-mines-ltd-discovers-17-24-oz-t-gold-at-zona-central-tesoro-gold-project-peru

9) Well look at this, there is gold in a lot of structures on the Tesoro, other than veins.

IMO