Silver Elephant Mining Corp. announces that it proposes to undertake a non-brokered private placement to raise gross proceeds of $300,000 through the sale of 2,000,000 units at a price of $0.15 per unit. Each unit consists of one common share of the Company and one share purchase warrant with each warrant entitling the holder to purchase one additional Share at a price of $0.30 per Share for a period of three years from [...]
Silver Elephant Mining Corp. announces that it has terminated a Mining Services Agreement and a related Sale and Purchase of Paca Materials agreement with Andean Precious Metals Corp. and its related parties, for Andean's failure to fulfill its payment obligations. The MSA and SPA were signed on September 11, 2023 and detailed in the Company news release dated September 12, 2023. The Company terminated the MSA and SPA [...]
Silver Elephant Mining Corp. reports that the Company received a notice of cancellation of its Pulacayo Mining Production Contract from Corporacion Minera de Bolivia, a state-owned mining company . Comibol's one page notice to the Company cites alleged illegal mining as the grounds for the MPC cancelation. The Company maintains that it has operated in full compliance and received proper authorisations for its activities [...]
Silver Elephant Mining Corp. announces that in November 2024, the Company mined a total of 24,153 wet tonnes of silver oxide bearing materials with an average grade of 197 g/t silver from its Paca project and trucked the Products to Andean Precious Metals Corp. in Potosi department, Bolivia. The Company has mined and shipped 261,530 wet tonnes of silver-bearing oxide materials grading 183 g/t silver, which is 1,440,219 oz [...]
Silver Elephant Mining Corp. announces that in October 2024, the Company mined a total of 31,693 tonnes of oxide materials with an average grade of 184 g/t silver from its Paca project and trucked the Products to Andean Precious Metals Corp. in Potosi department, Bolivia. The Company has mined and shipped 237,377 tonnes of silver-bearing oxide materials grading 181 g/t silver, which is 1,300,144 oz of silver based on [...]
Silver Elephant Mining Corp. announces that, further to its news release dated October 7, 2024, it has closed the second and final tranche of its non-brokered private placement raising gross proceeds of $291,550 through the sale of 595,000 units at a price of $0.49 per unit. Each unit consists of one common share of the Company and one share purchase warrant with each warrant entitling the holder to purchase one [...]
Silver Elephant Mining Corp. announces that, further to its news release dated October 7, 2024, it has closed the first tranche of its non-brokered private placement raising gross proceeds of $198,450 through the sale of 405,000 units at a price of $0.49 per unit. Each unit consists of one common share of the Company and one share purchase warrant with each warrant entitling the holder to purchase one additional Share at [...]
Silver Elephant Mining Corp. announces that in September 2024, the Company mined a total of 28,879 tonnes of oxide materials with an average grade of 189 g/t silver from its Paca project and trucked the Products to Andean Precious Metals Corp. in Potosi department, Bolivia. The Company has mined and shipped 205,682 tonnes of silver-bearing oxide materials grading 181 g/t silver, which is 1,105,401 oz of silver based on [...]
Silver Elephant Mining Corp. announces that it proposes to undertake a non-brokered private placement to raise gross proceeds of $490,000 through the sale of 1,000,000 units at a price of $0.49 per unit. Each unit consists of one common share of the Company and one share purchase warrant with each warrant entitling the holder to purchase one additional Share at a price of $0.55 per Share for a period of three years from [...]
Silver Elephant Mining Corp. is pleased to announce that all resolutions put forward at the Annual General & Special Meeting of the Company's shareholders held on September 25, 2024, as described in the Company's information circular dated August 9, 2024 , were approved. A summary of the results are set out below: Number of Directions: set the number of directors at four . Election of Directors: the nominees listed in the [...]
Silver Elephant Mining Corp. announces in August 2024, the Company mined a total of 22,669 tonnes of Paca Silver Project oxide materials with an average grade of 193 g/t silver and trucked the Products to Andean Precious Metals Corp. in Potosi department in Bolivia. August production was slowed compared to July Production due to a brief Bolivian national labour strike and planned overburden removal. The Company has mined [...]
Silver Elephant Mining Corp. is pleased to announce diamond drill results from the Paca deposit within its 100%-controlled Pulacayo-Paca silver project in the Potosi department in Bolivia. Further to the Company's news release dated June 12, 2024, a total of 28 holes were drilled in the Paca north area totaling 1,458 meters. The results for the previous 20 holes were announced in the Company's news releases dated July 22 [...]