Please take a moment to read what Lori said in a 2007 news release; " Evidence indicates that the Project has the potential
to host a million ounces of gold, or more, within multiple veins traced for an
aggregate strike length of 9.0 kilometres."

The Tesoro Project

The Tesoro Gold Project is situated in a highland desert plateau in
southwestern Peru. The Project is 100% owned by St. Elias with no underlying
royalties. The Project is located within the well-known Nazca-Ocona Gold Belt
where there are at least 70 known gold deposits comprising narrow but
generally high-gradegold-bearing quartz veins. Although the veins are narrow,
the mineralized structures tend to extend along strike for kilometres and to
depths of 1,000 metres. Evidence indicates that the Project has the potential
to host a million ounces of gold, or more, within multiple veins traced for an
aggregate strike length of 9.0 kilometres. The potential quantity and grade is
conceptual in nature. There has been insufficient exploration to define a
mineral resource. It is uncertain if further exploration will result in
discovery of a mineral resource.