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.)
Articles
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21/04/2011
St. Elias Mines, Tournigan Energy, Andover Ventures, Temex Resources and Ruby Creek to present at One2One Forum, NYC
The presentations will start at 5:00pm and finish at 7.00 pm. After the presentations are complete the directors will also be available to take questions during a free canape and wine reception.
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28/03/2011
St. Elias Mines Titan 3D survey spots big targets at Tesoro Gold Project
A 100% interest in the Tesoro Gold Project was acquired in 2004, and included permits covering 17,436 acres that are situated in the Acari District, within the Nazca-Ocoña metallogenic province
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04/05/2010
St. Elias Mines’ Tesoro Project Continues to Show Great Potential
All indications so far have shown the Tesoro Project has massive potential for St. Elias, with recent underground sampling results continuing to show good levels of gold mineralization for the project
News
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04/02/13
St. Elias Mines slows operations at Tesoro after failing to secure funds -
31/01/13
St. Elias Mines withdraws financing of up to $10 mln -
20/12/12
St. Elias Mines announces two-part strategy to advance Tesoro project in Peru -
31/10/12
St. Elias plans $0.25 million exploration campaign at Gold Summit, B.C. -
22/10/12
St. Elias Mines to raise up to $10 mln in non-brokered private placement financing -
09/10/12
St. Elias Mines and Intigold prepare for diamond drilling at Cueva Blanca -
19/09/12
St. Elias Mines provides update on Chance E concession, exploration ongoing -
27/07/12
St. Elias Mines intersects gold at depths at Tesoro project in Peru -
12/06/12
St. Elias Mines postpones spin off of BC properties until the fall -
06/06/12
St. Elias Mines to start 10,000 metre drill program at Cueva Blanca
Recent Sector News
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Pascua-Lama halted by Chilean govt; Barrick fined US$16 million
The news came with a trading halt on Barrick’s stock on the TSX effective 12:04pm Toronto time, and on stock inSilver Wheaton (NYSE:SLW) (TSE:SLW), the embattled giant’s partner on the project, a few minutes later. Prior to the stop trade order, stock in Barrick was trading down, hitting an intraday low of $19.41 per share from an open of $19.56, a far cry from the stock’s 52 week high of $43.30 per share.
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Klondex Mines' Fire Creek praised for high grades, strong economic returns and potential upside by Casimir Capital
Klondex Mines (TSE:KDX) was touted as having a high grade resource in a strategic location with potential for a "number of upside opportunities" on Friday, in an initial coverage report by Casimir Capital's Erin Winmill. The analyst started the advanced-stage development company, which is focused on its Fire Creek gold project in Nevada, with a speculative buy rating and a $2.50 price target - more than double its current trading price.
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Revett Minerals dealt another blow as it cuts workforce on delays at Troy mine
Revett Minerals (NYSE MKT:RVM) (TSE:RVM) plunged almost 25 per cent on Thursday after the company said it must slash its workforce at its Troy mine amid some unexpected structural damage found as part of its underground development work.
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Sunridge Gold defines sixth mineral resource at Asmara project
Sunridge Gold Corp. (CVE:SGC) has added more good news to an already auspicious month with the completion of a mineral resource estimate for the Kodadu target on the company’s Asmara project in Eritrea, the sixth such mineral resource defined by the Vancouver-based exploration and development company on the property.
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UPDATE - Aureus Mining's DFS ups reserves, reduces costs
The new DFS for Aureus's New Liberty gold mine in Liberia has increased the net present value of the asset, and points to lower operating costs and improved proven plus probable reserves.
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Sacre-Coeur Minerals' constant work to refine procedures pays off with low cash costs
Amid declining gold prices, several miners are struggling to keep costs down, but Sacre-Coeur Minerals (CVE:SCM) (OTC:SCRMF) is not one of them. The company boasts all-in cash production costs of less than $500 an ounce at its alluvial/elluvial operations in Guyana.
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