About St. Elias Mines

St. Elias Mines Ltd., a development stage company, engages in the acquisition, exploration, and development of natural resource properties in Peru and British Columbia, Canada. Properties Beaverdell, British Columbia, Canada The company owns a 100% interest in the Beaverdell Gold/Silver Property located in south central British Columbia. The company has granted to Intigold Mines Ltd. (Intigold) options to acquire approximately a 70% interest in the Beaverdell Gold/Silver Property. Kettle River, British Columbia, Canada The company entered into an agreement to acquire a 100% interest in 17 mineral claims located in the Greenwood Mining Division, British Columbia. South Rim, British Columbia The company owns a 100% interest of 12 mining claims covering 5,353 hectares located in the Omineca Mining Division, Province of British Columbia. Knight Inlet Gold Project, British Columbia, Canada The company entered into an agreement to acquire a 100% interest in certain mining claims located in the Vancouver Mining Division, British Columbia. Casino Gold Project, British Columbia, Canada In 2010, the company entered into an agreement to acquire a 100% interest in certain mining claims located in the Trail Creek Mining Division, British Columbia. Gold Summit Project, British Columbia, Canada In 2010, the company entered into an option agreement to acquire a 100% interest in 12 mineral claims located in the Lillooet Mining Division, British Columbia, Canada, through an agreement with 824712 BC Ltd. North Rim, British Columbia In 2011, the company entered into an agreement to purchase 100% legal and beneficial interest in certain mining claims located in the Omineca Mining Division, British Columbia, Canada. Grizz Property – Knight Inlet, British Columbia In 2012, the company acquired 100% legal and beneficial interest in certain mining claims located in the Vancouver Mining Division, British Columbia, Canada. Cueva Blanca, Peru In 2013, the company entered into an agreement with Minera Elemento 79 S.A. to sell 100% interest in the Cueva Blanca Property, subject to a 3% net smelter return royalty. Tesoro, Peru In 2004, the company entered into an agreement to acquire a 100% interest in certain mining claims located in the Acari District, Ica Department, Peru. The company staked six additional mineral concessions (Chance A to F) that it received government approval for between June 23, 2010 and August 09, 2010. The Company owns a 100% interest in the new concessions that total 6,300 hectares. Chance F Claim, Peru In 2012, the company entered into a Letter Agreement with 88 Capital Corp. (88 Capital). Chance E Claim, Peru In 2012, the company entered into an option agreement with Intigold Mines Ltd., for the Chance E claim, Peru, to acquire 60% undivided interest. The company has granted Intigold an extension to the option agreement until July 16, 2014, so that Intigold could satisfy the requirements of the amended agreement. Vilcoro, Peru The company entered into an option agreement to acquire a 95% interest in the Vilcoro Gold Property. The company granted Geneva Resources Inc. (Geneva) an option to earn a 66% interest in the Property in consideration of Geneva making cash payments to the company.