Silver Elephant Mining Corp SILEF

Primary Symbol: T.ELEF

Energy

Silver Elephant Mining Corp. is a Canada-based silver mining and exploration company. The Company’s primary project is the Pulacayo silver project in Bolivia. The Pulacayo Paca Project comprises seven mining concessions covering an area of approximately 3,560 hectares of contiguous areas centered on the historical Pulacayo mine and town site. The Pulacayo Paca Project is located 18 kilometers (km) east of the town of Uyuni in the Department of Potosi, in southwestern Bolivia. Its Triunfo Project area covers approximately 256 hectares located in the La Paz Department, which is located about 75 km to the east of the city of La Paz, Bolivia. Its projects also include Minago nickel property in Canada (the Minago Project), and the Gibellini vanadium property in Nevada, United States (the Gibellini Project). The Company also owns or holds 100% interests in the projects: the Ulaan Ovoo coal project located in Mongolia, and the Chandgana Khavtgai and Tal coal projects, located in Mongolia.

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Silver Elephant Mining Corp

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Post by Marcello44on Sep 30, 2024 7:07am

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Post# 36246503

107 Mio Ounces?

The number of ounces at Pulacayo sounds like a lot at first. Apogee Silver carried out an economic assessment in 2013. Over a mine life of 12 years, a total of 19.5 million ounces of silver are to be produced - that is, 1.62 million ounces per year. Regardless of the fact that ELEF will never receive capital to build the mine, let alone have the know-how, the production would ultimately be manageable and insignificant for a large mining company.

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