Bullboard - Stock Discussion Forum Silver Elephant Mining Corp T.ELEF

Alternate Symbol(s): SILEF

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... see more

Add To Watchlist

TSX:ELEF - Post Discussion

Silver Elephant Mining Corp > 107 Mio Ounces?

View:

Post by Marcello44 on Sep 30, 2024 7:07am

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.

667