St. Elias is a gold-focused exploration company with 12 exploration properties totalling approximately 65,500 hectares in Peru and British Columbia. Led by an experienced management team, St Elias’ properties have high potential and are located in two of the most prolific mining regions of the world. We are not currently producing revenue from our properties. We finance exploration primarily by issuing shares from our treasury or by negotiating option agreements, under which other companies pay to explore our properties in return for receiving an ownership interest. We occasionally spin off mineral properties into new companies for the benefit of our shareholders and we make our properties available to producing gold companies for acquisition.