Trading Symbol: SLI (TSX Venture Exchange)
EKL (Frankfurt Exchange)
SELSF (U.S. Clearing Symbol)
News Release 2008-12
June 3, 2008
NEWS RELEASE
St. Elias Hires Corporate Communications Manager
Vancouver, B.C. � June 3, 2008 � St. Elias Mines Ltd. (the �Company� or �St. Elias�) is pleased to introduce Terry Nixon for the newly created position of Manager of Corporate Communications ..
In this position, Mr. Nixon will be responsible for the St. Elias� overall investor relations program. His mandate will be to focus on developing and expanding the network of investors , analysts, and financial intermediaries who are interested in following the St. Elias story as well as managing the content and flow of Company information to financial markets, related business interests, investment advisors and investors ..
Mr. Nixon brings extensive sales, marketing and computer engineering experience to the Company. During his career, he has gained experience managing corporate communication programs, creating and hosting public company presentations and exhibits at trade shows and successfully building and increasing shareholder bases. He is presently the Vice President of Millionaire Blueprints Vancouver, a successful publishing company catering primarily to entrepreneurs and affluent business people throughout North America ..
Mr. Nixon will provide his services in exchange for incentive stock options in the Company, subject to board and regulatory approvals, from time to time, at such price or prices, and upon such terms as may be acceptable to the TSX Venture Exchange. Additionally, Mr. Nixon will receive a monetary consideration of $2,000 per month for an initial three-month term after which the monthly consideration will increase to $4,000.
�Terry�s diverse professional background, combined with his keen business acumen, will provide St. Elias with the necessary skills required for a successful investor relations program � says Lori McClenahan, President. �With the exciting advancements currently underway, this is a tremendously opportune time for the Company and its shareholders; St. Elias is well-positioned for an aggressive corporate communications initiative in which Mr. Nixon will play an integral role. �
The Company is proactively continuing to develop all its projects including the Tesoro, Vilcoro, Kettle River , South Rim and others. The summer of 2008 will be busy for St. Elias as the Company charges forward on all fronts. Management understands the necessity for timely disclosure and the expectations of the shareholders to remain informed. 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 ).
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.
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