Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE

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Message: Lets keep this to FACTS about SLI

There has been a lot of speculation on the width of the
VEIGNS. I am going to prove that they don't have to be very wide to be economical.

READ the whole thing

http://www.steliasmines.com/storage/news_releases/Sli-News-2006-14-FINAL.pdf

During the past year, the Company has continued with its underground development and bulk

sampling program at the ZCV#1 Vein, having decided that superior exploration information

would result from drifting than from drilling. A portion of the Company’s exploration

expenditures has been recouped by the Company by selling its gold-bearing vein material to the

Dynacor mill.

To date, the Company has completed a total of approximately 282.4 (926 feet) of underground

development including: 94.4 meters (310 feet) of winzes and raises to a depth of 60 metres

below surface; and 188 meters (617 feet) of drifting on the 20m and 40m levels. Even though it

is not wide, the ZCV#1 Vein is consistently mineralized with high-grade gold.

In addition, the Company has completed two shipments (totalling approx. 120 tonnes) of a bulk

sample from the ZCV#1 Vein. The bulk samples were shipped and processed at the milling

facilities of Toronto-listed Dynacor Mines Incorporated, located approximately 15km north of

the Tesoro Project. The first bulk sample of 53.7 tonnes returned a grade of 1.56 opt gold and

the second bulk sample of 66.1 tonnes returned a grade of 0.874 opt gold. The average gold

grade of both of these bulk samples was 1.18 opt and 90% gold recovery was reported by the

mill.

During the past year, the Company has continued with its underground development and bulk

sampling program at the ZCV#1 Vein, having decided that superior exploration information

would result from drifting than from drilling. A portion of the Company’s exploration

expenditures has been recouped by the Company by selling its gold-bearing vein material to the

Dynacor mill.

Like Lori said don't believe the boards.

Mr. Hobbes

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