Vancouver, B.C. May 2, 2011 Lori McClenahan, President and CEO of St. Elias Mines Ltd. (SLI – TSX:V), today announced that the Peruvian government has approved the Company’s Environmental Impact Study (“EIS”) for the Tesoro Gold Project located in southwestern Peru. This represents the third EIS completed at the Tesoro site.
Ok, we need a 4th EIS, my question is... why? are they only good for so long? If my memory serves me correctly, it took a long time to gain approval on the previous ones...months? Is it because we pulled out in February?