Lori McClenahan, CEO and President of St. Elias Mines Ltd. appears on Fox Business Live to discuss her views on Facebook putting a woman on their board for the sake of having a women, and again, on the price of gold.

Have a look…

NEWS RELEASE

St. Elias Mines Ltd. Retains Additional Geological and Administrative Personnel

Vancouver, B.C. February 6, 2012:  Lori McClenahan, President and CEO of St. Elias Mines Ltd. (SLI – TSX:V), announced today that the Company has retained additional personnel to expand its geological and administrative expertise with respect to its Peruvian operations.

George Sivertz, B.Sc., P.Geo.

George Sivertz, B.Sc., P.Geo., brings over 35 years of mineral industry experience to the Company.  Mr. Sivertz graduated from the University of British Columbia in 1976 with a B.Sc. (Honours) in Geological Science.  His geological expertise includes conducting regional exploration programs, property evaluations, technical reviews, due diligence studies and resource estimations.  Mr. Sivertz has extensive experience exploring and developing gold, silver and copper deposits in Latin America, especially in Peru.  He has also worked in a variety of geological settings around the world notably in British Columbia, Yukon, Mexico and the southwest U.S.

Teo Salazar

Teo Salazar brings over 18 years of mineral exploration experience in Peru and Argentina to the Company.  He is a graduate of the Universidad Nacional Mayor de San Marcos, Faculty of Geology, Mining, Metallurgy and Geographical Sciences.  San Marcos is the oldest University in the New World and is widely considered to be the foremost mining sciences institution in South America.  Teo has conducted a wide range of exploration programs in many of the famous mining districts of Peru.

EMINASA

St. Elias has retained EMINASA to provide a full service package to the Company that includes accounting, payroll management, financial advice, legal advice, office space, messenger services, logistics and the sourcing of professional exploration and mining personnel.  EMINASA is the acronym for “Exploration & Mining Associates S.A.” and was formed in 1997 by Harold and Lisa Waller.  EMINASA selected Peru as its base of operations because Peru is one of the most important mineral-rich democratic nations in the world.  Harold and Lisa Waller have lived in Peru since the 1960s and have worked as a team in the Peruvian mining industry for decades.

Harold Waller received a M.Sc. Degree in Economic Geology from the University of Arizona in 1960 and brings over 50 years of international experience in exploration for base and precious metal deposits with the last 40 years focused on exploration and mining company management.  Mr. Waller has worked for companies throughout Latin America and the Pacific Rim and is experienced in property evaluation, acquisitions, exploration project management, mining company management, contracts, government and labor negotiations, budgets and forecasts.

Lisa Waller brings over 35 years of experience in management, administration and public relations in business in both North and South America.

“These professionals have extensive experience in Peru which will help bolster our team as we advance to the next stage of St. Elias’ development.  We are very fortunate to attract people with this level of expertise” stated the Company’s President and CEO, Lori McClenahan.  ”They will work with our existing geological team, led by James Thom, M.Sc., to form a united exploration group with formidable geological and administrative expertise and experience.  This team has the ability to rapidly and efficiently design, execute and ramp up exploration and development programs on our gold projects in Peru.”

Investor Relations

 The Company is also expanding its investor relations team and has hired Don Ronning to provide shareholder communication services for the Company, for a minimum term of six months, and in consideration, the Company has granted 100,000 incentive stock options at a price of $0.84 per share for a period of two years with vesting over a period of 12 months.  The Company will also reimburse Mr. Ronning for reasonable expenses incurred, as approved by the Company.

Stock Options

Pursuant to the Company’s Stock Option Plan, the Company has granted incentive stock options to directors, officers and consultants of the Company to purchase an aggregate 1,000,000 shares at an exercise price of $0.81 per share for a period of two years.

For additional information on St. Elias and its projects, please visit us at www.steliasmines.com or call 1-888-895-5522 (toll free US and Canada) or contact:

ST. ELIAS MINES LTD

(signed “Lori McClenahan”)

Lori McClenahan,
President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this document.

This News Release may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement.

NEWS RELEASE

St. Elias Mines Ltd. – Conference Call February 3, 2012

Vancouver, B.C. February 2, 2012:  Lori McClenahan, President, St. Elias Mines Ltd. (SLI – TSX:V), announces that the Company will hold an investor conference call on Friday, February 3, 2012 at 10:00 a.m. (Pacific Time).  The conference call will be hosted by Lori McClenahan, President and Chief Executive Officer.

 Details to access the conference call are as follows:

• North America Toll-Free Access #:       800 699 3658
• USA Toll Access #:                             +1 303 223 2680

 Participants are asked to dial in 10 – 15 minutes early.

For additional information on St. Elias and its projects, please visit us at www.steliasmines.com or call 1-888-895-5522 (toll free US and Canada) or contact:

ST. ELIAS MINES LTD

(signed “Lori McClenahan”)

Lori McClenahan,
President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this document.

This News Release may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement.

NEWS RELEASE

St. Elias Mines Ltd. Intersects 0.74g/t Au over 37.85 metres in DDH TE-11-06 at Tesoro

Vancouver, B.C. January 23, 2012:  Lori McClenahan, President, St. Elias Mines Ltd. (SLI – TSX:V), is pleased to provide further details with respect to assay results previously announced on January 10, 2012 and the ongoing drill program at the Tesoro Gold Property located in southwestern Peru.

Phase I Drill Program

The previously announced assay results (reproduced below) are initial results from 11 diamond drill holes (4,375 metres of a planned 5,500-metre Phase IA Drill Program at the Tesoro Gold Project.)  These assay results represent the initial and ongoing systematic evaluation of high-priority targets identified by the 2009/2010 Titan 24 Geophysical Survey at the Tesoro Gold Property.  The anomalies being tested by drilling include IP chargeability highs, resistivity lows and highs, and MT derivatives, as well as various combinations of these anomalies.  Summary drilling results will be announced upon completion of the Phase IA Drill Program and compilation/interpretation of all data.

Drilling to date has focused on testing the Quantec Titan 24 geophysical targets primarily surrounding and within the large “ovoid” chargeability anomaly at Zona Central.  Drill Hole TE-11-06 is located along the main Tesoro structural trend on the northern flank of this anomaly.

Drill Hole TE-11-06 returned compelling initial results and, while additional drill testing is required, the Company is in the process of completely sampling Drill Hole TE-11-06 from 60m to 170m on minimum 1.5-metre intervals to more accurately define a potential, bulk-tonnage mineralized target.  The interval from 90.6m to 128.5m in Drill Hole TE-11-06 assayed 0.74g/t Au over 37.85m, and includes 0.74m of 23.5g/t Au at 112.26m and 0.35m of 9.6g/t Au at 113.32m.  These mineralized intersections have been interpreted to be related to widespread resistivity lows identified from the 2009/2010 Titan 24 Survey.  This correlation has led management to utilize these Quantec resistivity lows zones associated with the known mineralized corridors to fine tune additional exploration targets for drilling.

The large “ovoid” geophysical (chargeability) anomaly identified by the Quantec Titan 24 Survey at depth on the Property has been limitedly tested by diamond drilling on this round of drilling.  The Quantec survey data is currently being re-evaluated and re-interpreted to take into account the latest drill results in correlation with the geophysical targets.

Several sampled (halved core) intervals were noted to contain sulphide mineralization.  Sulphide mineralization is directly associated with quartz/carbonate veins and/or veinlets and the restricted areas of alteration surrounding these veins.  A review of the assay data compiled to date indicates a correlation between these visible sulphides and gold mineralization.

The Company is in the midst of a systematic program of re-sampling and drill core analysis with a focus on increasing the sampling intervals both above and below any noted quartz/sulphide intersections, and where areas of multiple sulphide mineralization were noted, continuous sampling through these zones to combine one single sampled interval.  In this capacity, potentially mineralized wall rock between close spaced mineralized veins can be tested, towards bulk tonnage mineral potential.

Lori McClenahan states “While it is still early days for our flagship project (the “Tesoro”), we are very excited as initial drilling at Tesoro has confirmed gold mineralization at depth.  We are using logical and systematic exploration steps and techniques to guide us in our exploration efforts.  Much more exploration/drilling is warranted at the Tesoro.  This is just the beginning.”

The second drill rig, capable of drilling ≥1,000m holes, is onsite and turning.  The addition of this second drill rig will result in increased productivity and quicker turnaround time for geological information and chemical analyses.  Additional infrastructure, including expansion of camp facilities, additional water trucks and personnel (including two additional on-site geologists has been completed.  There are currently four fulltime geologists working on the project under the guidance of James Thom, M.Sc. and Paul D. Gray, P.Geo.

Initial Drill Results

Summary table of >1g/t Au assay results from the first 11 drill holes of the 2011 Tesoro Gold Property

⁽¹⁾      Highest gold value obtained in these drill holes

⁽²⁾      The gold grades are uncut and the intercept reported drill core intercept widths do not necessarily reflect the true width of the mineralization encountered.

The Company utilizes an industry-standard quality assurance/quality control program. HQ and NTW diamond drill core is sawn in half with one-half shipped to the ISO-certified Canadian Institute of Mining, Metallurgy and Petroleum Peru SA assay laboratory in Lima, Peru, for chemical analysis. Blanks, duplicates and certified reference standards are inserted into the sample stream to monitor laboratory performance.

A Brief History of the Tesoro Gold Project

The Tesoro Gold Project is 100% owned by the Company with no underlying royalties. The Property covers approximately 6,974 hectares (17,436 acres) and is part of the prolific 300km X 30km Nazca-Ocoña gold belt parallel to the Pacific coast of southwestern Peru.  The Nazca-Ocoña gold belt has a long mining history dating back to pre-Incan time.  Gold is associated with disseminated sulphides that seeped into quartz veins and fractures within the intrusive body.  The continuity of the quartz veins and fractures is very impressive in the Nazca-Ocoña belt.  While the veins tend to be narrow, the grade is significant and the mineralized structures tend to extend along strike for several kilometers and to depths of up to 1,000 meters.

The Company has identified five mineralized zones with more than 50 quartz veins (having a total combined length of 9km) at the Tesoro Project and has carried out underground exploration and development work on three of these veins (C1, C2 and A4 Veins.)  The veins are mesothermal, indicating that the vein structures may extend to considerable depths.

To date, a total of 1,157 tons of bulk sample material averaging 0.93 oz/t gold has been extracted from ongoing underground exploration development at several locations on the Tesoro Property including:

• 643 tons averaging 0.77 oz/t gold from the A4 Vein;
• 451 tons averaging 0.99 oz/t gold from the C1 Vein; and
• 63 tons averaging 2.04 oz/t gold from the C2 Vein.

The Tesoro Property has never been evaluated to depth or to its full strike potential.  This leaves a large potential for the discovery of additional mineralization.

Qualified Person

All technical work is being supervised by, and the contents of this news release have been verified by, Paul D. Gray, P.Geo., who is a “qualified person” as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.

For additional information on St. Elias and its projects, please visit us at www.steliasmines.com or call 1-888-895-5522 (toll free US and Canada) or contact:

ST. ELIAS MINES LTD

(signed “Lori McClenahan”)

Lori McClenahan,
President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this document.

This News Release may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement.

NEWS RELEASE

St. Elias Mines Ltd. – Appoints Three New Directors to its Board

Vancouver, B.C. January 13, 2012 Lori McClenahan, President of St. Elias Mines Ltd. (SLI – TSX:V) (“St. Elias” or the “Company”) is pleased to announce that Paul F. McDonald, Lloyd C. Brewer and Donald M. Bastien have been elected to St. Elias’ board of directors.  The current directors of the Company are as follows:

Lori McClenahan
Murry Braucht
Tina Whyte
Paul McDonald
Lloyd Brewer
Donald Bastien

 Paul McDonald

Paul McDonald brings to St. Elias over 40 years of diverse and valuable experience in financing and development of growth companies in the resource sector.  He is currently a director of Nymox Pharmaceutical Corporation.  Mr. McDonald was previously Vice-President of the Montreal Stock Exchange, and he was principal owner and president of Grant Johnson Securities.  He has had numerous appointments to corporate boards, including Sullivan Mining Group and Chemalloy Minerals Corporation.  He has been a member of the Executive Committees of the Montreal Stock Exchange.  Mr. McDonald has a law degree obtained from McGill University.

Lloyd Brewer

Lloyd Brewer brings to St. Elias more than 30 years of international experience in the mineral exploration business, and has worked to build St. Elias since the Company`s inception in 1995.  He is currently Exploration Manager of the Company.

Donald Bastien

Donald Bastien is Senior Vice-President and General Manager of CTV Montreal and he oversees all operations of CTV Montréal, including news, programming, sales, marketing, community relations, operations and administration. He was appointed to the position in December 2001.  Immediately prior to this appointment, Bastien led CTV’s national sales in Québec for ten years as Senior Vice-President, Sales, based in Montréal.

“I am very pleased with the appointment of these new directors.  As the Company continues to grow, the added expertise of these individuals will be invaluable and paramount to St. Elias’ success”, states Lori McClenahan, President.

St. Elias also announces that pursuant to the Company’s Stock Option Plan, the Company will grant incentive stock options to directors, officers and consultants of the Company to purchase an aggregate 1,500,000 shares at an exercise price of $0.92 per share for a period of two years.

For additional information on St. Elias and its projects, please visit us at www.steliasmines.com or call 1-888-895-5522 (toll free US and Canada) or contact:

ST. ELIAS MINES LTD

(signed “Lori McClenahan”)

Lori McClenahan,
President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this document.

This News Release may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement.

NEWS RELEASE

St. Elias Mines Ltd. – Directors Resign

Vancouver, B.C. January 11, 2012 Lori McClenahan, President of St. Elias Mines Ltd. (SLI – TSX:V) (“St. Elias” or the “Company”) announces that Duncan Bain and Allan St. James have resigned as directors of the Company effective today.

For additional information on St. Elias and its projects, please visit us at www.steliasmines.com or call 1-888-895-5522 (toll free US and Canada) or contact:

ST. ELIAS MINES LTD

(signed “Lori McClenahan”)

Lori McClenahan,
President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this document.

This News Release may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement.

NEWS RELEASE

St. Elias Mines Ltd. – 2011 Diamond Drilling Gold Results – Tesoro Gold Project in Peru

 Vancouver, B.C. January 10, 2012:  Lori McClenahan, President, St. Elias Mines Ltd. (SLI – TSX:V) announces gold results from diamond drilling completed at the Tesoro Gold Project in Peru.  Eleven Diamond drill holes, totalling 4,374.50m have been completed to date.

 Gold values greater that 1000ppb (1 g/t) are as follows:

* Highest gold value obtained in these drill holes

The gold grades in the above table are uncut and the reported drill core intercept widths do not necessarily reflect the true width of the mineralization encountered.

A systematic resampling program including total metallic screening and re-assaying of high grade intercepts is ongoing.  This is in an effort to qualify the suspected nugget effect on chemical assays received thus far.

The company utilizes an industry-standard QA/QC (quality assurance/quality control) program.  HQ and NTW diamond drill core is sawn in half with one-half shipped to the ISO certified CIMM Peru S.A. assay laboratory in Lima, Peru for chemical analysis.  Blanks, duplicates and certified reference standards are inserted into the sample stream to monitor laboratory performance.

Diamond drilling at the Tesoro Gold Project has re-commenced after the Christmas Holidays.  Preparation for the arrival of a second diamond drill rig at the project is underway.

“I believe that complete results received from the Phase I drilling at Tesoro will be more representative than the partial results reported here, however, it is important to note that the results so far indicate the system is mineralized to depth” stated President Lori McClenahan.

A Brief History of the Tesoro Gold Project

The Tesoro Gold Project is 100% owned by the Company with no underlying royalties. The Property covers approximately 6,974 hectares (17,436 acres) and is part of the prolific 300km X 30km Nazca-Ocoña gold belt parallel to the Pacific coast of southwestern Peru.  The Nazca-Ocoña gold belt has a long mining history dating back to pre-Incan time.  Gold is associated with disseminated sulphides that seeped into quartz veins and fractures within the intrusive body.  The continuity of the quartz veins and fractures is very impressive in the Nazca-Ocoña belt.  While the veins tend to be narrow, the grade is significant and the mineralized structures tend to extend along strike for several kilometers and to depths of up to 1,000 meters.

To date, the Company has identified five mineralized zones with more than 50 quartz veins (having a total combined length of 9km) at the Tesoro Project and has carried out underground exploration and development work on three of these veins (C1, C2 and A4 Veins.)  The veins are mesothermal, indicating that the vein structures may extend to considerable depths.

Qualified Person

All technical work is being supervised by, and the contents of this news release have been verified by, Paul D. Gray, P.Geo., who is a “qualified person” as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.

For additional information on St. Elias and its projects, please visit us at www.steliasmines.com or call 1-888-895-5522 (toll free US and Canada) or contact:

ST. ELIAS MINES LTD

(signed “Lori McClenahan”)

Lori McClenahan,
President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this document.

This News Release may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement.

Vancouver’s St. Elias Mines Opens Doors in China

Meetings with top government officials, investors facilitated by Launchpad Asia

VANCOUVER, B.C. (Dec. 20, 2011) — High-level business meetings between Vancouver’s St. Elias Mines Ltd, and the Chinese government this week could pave the way for funding opportunities by investors in that country.

Two St. Elias representatives met with high-ranking Chinese officials and investors to discuss China’s growing economy and its commodities interests globally. The visit included an official reception at the Great Hall of the People, the political hub of Beijing.

St. Elias Vice President Murry Braucht and Director Dr. Duncan Bain met on Monday with Dr. Yang Mengxin, director of the Hong Kong Mercantile Exchange and a highly respected Chinese investor and philanthropist. The meeting was followed that evening by a reception at the Great Hall of the People hosted by Peng Fang, director of the Office of Foreign Affairs for the National People’s Congress.

The visit wrapped up Tuesday with a discussion about St. Elias’ operations and development plans in Peru with Madame Zheng Han, chairwoman of Beijing Micro Cleaner Biotechnology.

The meetings, arranged by Launchpad Asia, LLC, were crucial in establishing St. Elias as a bona fide operation for Chinese investors to consider, said Chad Lewis, Launchpad Asia’s managing director of North America.

“By meeting with officials ranked this high in the system, we were able to secure approvals for investment companies across China to look at St. Elias for investment as well as secure approval to apply for listing in Asia,” Lewis said.

The impact of the meeting was almost immediate, Lewis said. By the time the St. Elias delegation returned from its trip, Launchpad Asia had fielded more than two dozen inquiries from Chinese investment firms and brokerage companies seeking meetings with St. Elias.

“It fast tracked efforts in China substantially,” he said.

Braucht and Bain, who also traveled to China to attend a mining conference in Shenzhen, were hosted by Gilbert Chan of NAI Interactive, from Vancouver, Canada, prior to their time in Beijing with Launchpad Asia.

Murry Braucht reported “Launchpad Asia LLC and NAI Interactive have provided opportunities in China far beyond our expectations, for which we are deeply grateful. We, as representatives of St Elias Mines, look forward to our future involvment with China with great anticipation, expecting benefits for all companies and individuals involved.

Duncan Bain stated “This visit, and the high-level contacts we have made through Chad Lewis at Launchpad China LLC and Gilbert Chan at NAI Interactive have opened many new doors for us throughout China. We look forward with great excitement to going back in the very near future to tell the St. Elias gold story to major Chinese investors.”

About St. Elias Mines Ltd.

St. Elias is a Vancouver-based mining operations company focusing on the acquisition and development of high-potential gold properties in the most prolific regions of the world with particular attention to gold-mining exploration in Peru. St. Elias utilizes option/joint venture participation to fund the exploration and development of certain of its gold projects as well as spinning off mineral properties into new companies and making properties available to gold- producing companies for acquisition.  www.steliasmines.com.

About Launchpad Asia, LLC

Launchpad Asia has worked with the Chinese government and multiple state and privately owned companies for a number of years identifying environmentally friendly solutions for petroleum and petrochemical remediation, firefighting, emergency response planning and road construction.  www.Launchpad-Asia.com.

CONTACT:

Chad Lewis                                                                             Murry Braucht, Vice President

Launchpad Asia                                                                      St. Elias Mines Ltd.

1-254-732-1275                                                                      1-780-7227091/1-888-895-5522 mbraucht@shaw.ca

Dr. Duncan Bain, P.Geo., Director

1-519-495-3295 djbain@aol.com

Lori McClenahan, CEO and President of St. Elias Mines Ltd. appears on Fox Business Live to discuss the price of gold.

Have a look…

NEWS RELEASE

St. Elias Mines Ltd. – Drilling Program – Tesoro Gold Project, Tesoro

 Vancouver, B.C. December 12, 2011 Lori McClenahan, President of St. Elias Mines Ltd. (SLI – TSX:V) (“St. Elias” or the “Company”) announces that St. Elias has increased the ongoing diamond drilling program at its wholly owned Tesoro Gold Project in Peru (the “Project”) from an initial 10,000 metres to 20,000 metres.  In order to accomplish this in a timely manner, the Company is taking all necessary steps to mobilize a second diamond drill rig to the Tesoro Project.  It is anticipated that the rig will be on site in January 2012.

Further mechanical trenching on both the Main Structural Corridor and the Parallel Structural Corridor is scheduled to commence in January 2012.  The Company is also in the process of hiring three additional geologists for the project and the necessary Project infrastructure is being increased to accommodate the additional personnel.

The drilling program has been designed to test near-surface and deeper-seated geophysical anomalies identified by Titan 24 geophysical surveys.

A Brief History of the Tesoro Gold Project

The Tesoro Gold Project is 100% owned by the Company with no underlying royalties. The property covers approximately 6,974 hectares (17,436 acres) and is part of the prolific 300km X 30km Nazca-Ocoña gold belt parallel to the Pacific coast of southwestern Peru.  The Nazca-Ocoña gold belt has a long mining history dating back to pre-Incan time.  Gold is associated with disseminated sulphides in quartz veins and fractures within intrusive rocks.  The continuity of the quartz veins and fractures is very impressive in the Nazca-Ocoña gold belt.  While the veins tend to be narrow, the grade is significant and the mineralized structures tend to extend along strike for several kilometers and to depths of up to 1,000 metres.

To date, the Company has identified five mineralized zones with more than 50 quartz veins (having a total combined length of 9km) at the Tesoro Project and has carried out underground exploration and development work on three of these veins (C1, C2 and A4 Veins.)  The veins are mesothermal, indicating that the vein structures may extend to considerable depths.

The Tesoro Property has never been evaluated to depth, or to its full strike potential.  This leaves a large potential for the discovery of additional mineralization.

For additional information on St. Elias and its projects, please visit us at www.steliasmines.com or call 1-888-895-5522 (toll free US and Canada) or contact:

ST. ELIAS MINES LTD

(signed “Lori McClenahan”)

Lori McClenahan,
President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this document.

This News Release may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement.