The NR in question is dated December 20, 2012.

It states

"The other part of the strategy involves development focused on more than 20 waste rock dumps left behind by prior mining activity. St. Elias intends to sample and test the dumps and prepare a National Instrument 43-101 resource estimate. St. Elias proposes to follow up with a prefeasibility study to determine whether gold could be profitably recovered from the dumps, providing cash to support additional exploration. "

For more information on the NR in question please refer to Sedar.

In regards to Santa's statement "Where the infamous Robert Krause Report depicted a dismal potential for the Tesoro, I am curious as to why the company would create the illusion that they continue to test." This leads one to question did Lori herself even know any better when the audio was recorded.