Vancouver, BC / ACCESSWIRE / July 3, 2014 / St. Elias Mines Ltd. (SLI-TSX-V) announces that the Company was not in a position to pay the vigencias (annual fees due to the Peruvian government) required to keep its Peruvian properties in good standing and, as a result, the claims comprising the Tesoro and Vilcoro properties have lapsed.

For additional information on St. Elias and its projects, please visit us at www.steliasmines.com or call 
1-888-895-5522 (toll free US and Canada) or contact:

ST. ELIAS MINES LTD.

(signed "Lori McClenahan")

Lori McClenahan,

President

Vancouver, BC / ACCESSWIRE / July 7, 2014 / St. Elias Mines Ltd. (SLI-TSX-V) wishes to correct the News Release, dated July 3, 2014, which stated that all Peruvian properties have been allowed to lapse. Actually, vigencias (annual fees) and penalties have been paid to preserve VILCORO 1 & 2 (600 hectares), CHANCE 1 (1000 hectares), and CHANCE G (100 hectares), which cover the main gold showings on the Company's properties in Peru. All other claims that constitute the previous VILCORO and TESORO projects have been allowed to lapse.

For additional information on St. Elias and its projects, please visit us at www.steliasmines.com or call 
1-888-895-5522 (toll free US and Canada) or contact:

ST. ELIAS MINES LTD.

(signed "Lori McClenahan")

Lori McClenahan,

President

Stock said ---As you know, it is her company!

Really-----Do the shareholders not own the company??

Stock said---- she could have let the remaining claims lapse long ago!

And she tried too---But someone else paid to preserve those properties!

Stock do you want the shareholders to believe that Lori is really sooo incompetent that she forgot---- for four days that the properties had not lapsed but in fact had actually been paid,   LOL

After five years of trying to destroy this company,trying too get rid of the REAL owners''the shareholders''  Why would anyone trust her now????