St. Elias Mines Ltd. - 3D Information for the
Titan 24 Geophysical Survey
Received from Tesoro Gold Project in Peru
Vancouver,B.C. February 16, 2011
Lori McClenahan, President, St. Elias MinesLtd. (SLI - TSX:V)
(�St. Elias� or the "Company"), is pleased to announce that theCompany has received 3D data and images generated fromQuantec Geoscience Limited
("Quantec") with respect to the Stage
2Titan 24 survey conducted at the Tesoro Gold Project (the
"Property")in Peru.
Work is continuing by Company consultants, an independentengineering firm and Quantec
to interpret all data received from both Phases ofthe
Titan 24 Surveys.� This work includesbut is not limited to "stitching or
splicing" the 3D images into asingle image that
covers the entire Tesoro Project, and constraining (correlating)the 3D
geophysical data to known geological structure, gold mineralization,geology
and alteration.
Results
will follow shortly.
For
further information on the Stage 2Titan 24 survey please refer to Company news
release dated September 16, 2010(SLI News Release 2010-36) or the current
43-101 report available on SEDAR.COM.
Foradditional 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:
EuropeanInvestor Relations��������������������������������������� U.S.Investor Relations
Nicholas Fuller����������������������������������������������������������� HerbertHaft
Nick Fuller & Associates�������������������������������������������� TheHaft Group, Inc.
Tel:
011-44-207-256-5204����������������������������������������� Tel:� (212) 759-8865
Email:� nick@fullerir.com����� Email:� herbhaft@haftgroupinc.com
����������������������������������������������������������������������������������� ������������ herbhaft@aol.com
ST.
ELIAS MINESLTD.
(signed �Lori McClenahan�)
Lori McClenahan,
President
The TSX
Venture Exchange has notreviewed and does not accept
responsibility for the adequacy or the accuracy ofthe
contents of this document.
This
News Release may containforward-looking statements
including, but not limited to, comments regardingthe
timing and content of upcoming work programs, geological interpretations,potential mineral recovery processes, etc.
Forward-looking statements addressfuture events and
conditions and therefore involve inherent risks anduncertainties.
Actual results may differ materially from those currentlyanticipated
in such statement.