St. Elias Mines Ltd. is a British Columbia company engaged in the acquisition, exploration and development of precious and base metal mineral properties. St. Elias currently owns, or has options to earn interest in, properties in Peru, Portugal and Canada.

The Company is entering into a new era with its continued development of the Jales gold mine and Gralheira gold deposit in northern Portugal and the Tesoro Gold Project in southwestern Peru. Management continues to strive to increase, in all categories, the gold and silver mineralization identified to date by drilling and underground exploration in Portugal and the gold mineralization identified to date by underground exploration in Peru