Silver Elephant Mining Corp. announces indium and gallium assays from drillholes SWD001 to SWD010 at its Sunawayo project in central Bolivia, featuring SWD002 which intercepted 87 g/t indium,7 g/t gallium, and 48 g/t Ag over 9 meters within an interval of 31 meters grading 119 g/t silver equivalent. The company first published silver drill results of SWD001 to SWD010 on January 27, and on March 18 2021. The latest drill [...]
Silver Elephant Mining Corp. announces drill assay results from the Sunawayo project from drill holes SWD011 to SWD014, which include a high-grade intercept of 2.0 meters grading 645 g/t Ag, 5.12% Pb and 1.34% Zn, 0.19% Cu within a broader intercept of 5.0 meters grading 297 g/t Ag, 2.43% Pb, 0.78% Zn, 0.08% Cu. Highlighted results from this batch of drillholes is tabulated below: Hole ID From To Length AgEq Ag Pb % Zn [...]
Silver Elephant Mining Corp. announces the highest silver and zinc grade intercepts to date from its 2,300 meter Sunawayo maiden drill program. SWD010 intercepted 3 meters of mineralization grading 421 g/t silver, 0.92% lead, and 0.90% zinc within 10 meters grading 144 g/t silver, 0.43% lead, and 0.97% zinc. SWD009 intercepted 2 meters of mineralization grading 50 g/t silver, 0.40% lead, and 7.67% zinc . So far, 100% of [...]
Silver Elephant Mining Corp. announces that the first ever drill hole at its Sunawayo project has intercepted 137 meters of mineralization grading 36 g/t silver, starting from 0 meters-depth. The Company acquired the Sunawayo project in central Bolivia in September 2020. The second drill hole intercepted 31 meters of mineralization grading 44 g/t silver, 0.39% lead, and 0.48% zinc from 1 meter-depth. Both SWD001 and [...]
Silver Elephant Mining Corp. is pleased to announce that further to its press release dated January 22, 2021, it has acquired of the Minago nickel project from Victory Nickel Inc. pursuant to an Asset Purchase Agreement dated January 21, 2021 between the Company and Victory Nickel. The Minago project encompasses a 197 km2 prospective land package and hosts one of the largest greenfield open-pit nickel sulphide deposits in [...]
Silver Elephant Mining Corp. today announced that ELEF has filed an early warning report under National Instrument 62-103 - The Early Warning System And Related Take-Over Bid And Insider Reporting Issues in connection with its acquisition of 40,000,000 common shares of Victory Nickel Inc. On January 21, 2021, ELEF and VN entered into an asset purchase agreement whereby, among other things, ELEF agreed to subscribe for and [...]
Silver Elephant Mining Corp. reports that it has closed the non-brokered private placement previously announced on February 1, 2021. The Placement raised gross cash proceeds of $3,750,000 through the issuance of 10,000,001 common shares of Silver Elephant at a price of $0.375 per Share. The Company paid $73,875 in cash as finder's fees. The Company has 192,895,079 shares outstanding after the closing of the Placement. The [...]
Silver Elephant Mining Corp. announces that, subject to the approval of the Toronto Stock Exchange , it proposes to undertake a non-brokered private placement of up to 10 million common shares of the Company at a price of $0.375 per Share to raise aggregate gross proceeds of up to $3,750,000. The Shares will be subject to a hold period of four months plus one day from the date of issue. Closing of the Placement is [...]
Silver Elephant Mining Corp. is pleased to announce it has been named to the 2021 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the [...]
Silver Elephant Mining Corp. is pleased to announce the initial drill results from the Pero discovery within its Pulacayo silver lead zinc project in Bolivia. Pero covers approximately 250 x 150 meters and is located to the southeast of the Pulacayo deposit that contains a NI43-101 compliant resource of 70.2Moz Ag, 904Mlbs Zn, and 386Mlbs Pb in the indicated resource category. A summary of results is tabulated below: BHID [...]
Silver Elephant Mining Corp. is pleased to announce that it has entered into a binding definitive Asset Purchase Agreement with Victory Nickel Inc. to acquire the Minago Nickel Project located in Thompson nickel belt. Proposed Transaction Summary Subject to the terms of the APA, Silver Elephant has agreed to acquire the Minago Project from Victory Nickel for aggregate consideration of US$11,675,000, which consists of a [...]
Silver Elephant Mining Corp. has completed a 940 meter diamond drilling program at the Pero target within its Pulacayo Project in Bolivia. Pero is located at the southeastern extension of the Pulacayo deposit which hosts an estimated NI43-101 Mineral Resource Estimate showing an Indicated resource of 70Moz Ag, 904Mlbs Zn, 386Mlbs Pb . Previous diamond drilling at the east extension of the Pulacayo deposit was directly [...]
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