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Additional Information
Market: TSX-V
Sector: Gold Mining
EPIC: SLI
Latest Price: 0.46  (-8.00% Descending)
52-week High: 2.62
52-week Low: 0.45
Market Cap: 53.87M
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St. Elias Mines
www.steliasmines.com

The principal business of St. Elias Mines Ltd. is the acquisition, exploration, development and sale of high potential mineral properties in the most prolific regions of the world.  At present, the Company is focusing its exploration efforts on gold in Peru with three gold properties (Tesoro, Vilcoro and Cueva Blanca.)

Full St. Elias Mines profile here
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St. Elias appoints three new members to board

13th Jan 2012, 1:23 pm by Brad Lemaire
St. Elias appoints three new members to board

St. Elias Mines Ltd (CVE:SLI) has appointed three new members to its board of directors, the Vancouver based company said Friday.

Paul McDonald, the first appointee, brings 40 years worth of experience in financing and development within the resource
sector. He holds a law degree from McGill University.

McDonald currently is a director of Nymox Pharmaceutical Corp. and was previously the vice president of the Montreal Stock Exchange, and principal owner of Grant Johnson Securities.

In addition, he has several appointments to corporate boards including: Sullivan Mining Group, and as well as Chemalloy
Minerals Corp. 

The second appointee, Lloyd Brewer, has worked with the company since its inception in 1995, and is currently exploration manager at St. Elias. His career spans over 30 years in the mineral exploration business.

Shifting to the third appointee, Donald Bastien is senior vice president and general manager of CTV of Montreal where he
overlooks all operations such as: news, sales, community relations and operations and administration on top of programming.

St. Elias’ president, Lori McClenahan, said: “As the company continues to grow, the added expertise of these individuals
will be invaluable and paramount to St. Elias’ success.”

St. Elias is engaged in the exploration and development of natural resource properties. Its gold properties in Peru include
Tesoro, Vilcoro and Cueva Blanca.

In late August last year, the company began a 10,000 metre drill campaign at the Tesoro site, designed to test the near-
surface and deep-seated geophysical anomalies identified by earlier surveys.

Earlier this week, the company released diamond drill results that revealed 4.144 parts per million (ppm) of gold over 0.57
metres in hole DDH TE 01, and 1.148 ppm gold over 0.18 metres with 0.43 metres of 9.438 ppm gold in hole DDH TE 04.

To date, the miner has identified five mineralized zones with more than 50 quartz veins, having a total combined length of
nine kilometres at Tesoro. It has carried out underground exploration and development work on three of these veins.

Shares of the company surged nearly 25 percent to reach $1.16 per share Friday afternoon on Toronto’s junior venture exchange.

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