No offense, but being a new hunter and wanting to "chase elk with a bow" sounds a bit unethical to me. I hope you are experienced shooter and have taken the appropriate measures to get smart about shot placement, anatomy, and how to go about tracking/finding an elk. Not to mention having a plan to properly care for it in the field if you are successful.
Not trying to come down on you, but knowing nothing else other than your post, I am concerned. It's best to have a good mentor. I'll gladly volunteer if you need some help, insruction, guidance, etc.
All the best!
Tom