PROPERTY HIGHLIGHTS

St. Elias has identified:

- main mineralized structure 6.5km (4.0 miles) long;

- parallel mineralized structure 7.0km (4.3 miles) long;

- five mineralized (gold) zones;

- over 50 quartz veins with a combined length of 9km (5.6 miles); and

- that the veins and disseminated areas are mesothermal;

St. Elias has also:

- emplaced 1,300m of underground workings on three veins;

- shipped 1,157 tons of underground material to adjoining processing mill

- recovered 1,076 ounces of gold (avg. grade 0.93 oz/t) from underground bulk sampling program;

- determined that the gold is free milling and is over 90% recoverable;

- completed 27 lines (64.8km) of Quantec Titan24 geophysical survey;

- identified two large anomalies that correlate with known gold mineralization. One anomaly is approximately 1,800m long x 1,700m wide and 1,300m thick. The other is approximately 800m long, 1,000m wide and 300m thick. The larger anomaly is open to depth; and

- commenced diamond drilling to test of the 55 geophysical targets identified by Titan24.