Welcome to our dedicated page for Silver Elephant Mining news (Ticker: SILEF), a resource for investors and traders seeking the latest updates and insights on Silver Elephant Mining stock.
Silver Elephant Mining Corp. reports on silver mining, development and exploration activity tied to its Apuradita/Paca Apuradita operation in Bolivia. Company updates center on underground mining, trucking of silver-bearing material to toll-mill facilities, production and sale of silver-lead concentrate, and sampling or development work that defines additional mineralized zones.
Recurring corporate news also includes non-brokered private placements, common-share and warrant issuances, related-party participation under Canadian securities rules, working-capital uses, and early warning disclosures tied to holdings in Oracle Commodity Holding Corp.
Silver Elephant (OTCQB: SILEF) began toll milling silver-bearing material from its Apuradita Paca project in Bolivia and has delivered over 1,200 tonnes to the toll mill to date.
The company executed a concentrate off-take agreement with a major international buyer and expects the first concentrate shipment in October 2025. Mining continues at a steady rate with a near-term monthly feed target of 1,000–1,500 tonnes and an internal estimate of ~10,000 tonnes of mineralized feed in the initial six-month campaign.
Reported average grade of extracted sulphide material is 412 g/t Ag, 1.09% Pb, and 0.38% Zn. Samples are prepared at ALS Global Oruro and analyzed in Lima under accredited ISO procedures. A company employee is the named qualified person.
Silver Elephant Mining (OTCQB:SILEF) held its Annual General & Special Meeting on September 25, 2025, where shareholders approved all proposed resolutions. The meeting resulted in the election of four directors: John Lee (92.099% approval), Greg Hall (92.235% approval), Douglas Flett (92.139% approval), and Nigel Lees (89.432% approval).
Shareholders also approved the appointment of Mao & Ying LLP as auditors, amendments to the Company's Articles, modifications to insider warrant exercise prices, and removal of a warrant exercise limitation for a 10% shareholder.
Silver Elephant Mining (OTCQB: SILEF) has announced an increase to its previously announced non-brokered private placement, now aiming to raise $735,200 through the sale of 4,595,000 units at $0.16 per unit.
Each unit comprises one common share and one share purchase warrant, with warrants exercisable at $0.20 per share for three years. Company insiders will subscribe for 1,000,000 units ($160,000). The offering includes potential Finder's Fees of up to 7% in Finder's Units. The private placement requires TSX approval, and securities will have a four-month plus one-day holding period.
Silver Elephant Mining (OTCQB: SILEF) has reduced its stake in Oracle Commodity Holding Corp through the sale of 3.5 million common shares for total proceeds of $87,500. The transaction was executed on September 15, 2025, through the TSX Venture Exchange.
Following the sale, Silver Elephant's ownership in Oracle decreased from 15.11% to 11.74% on a non-diluted basis and 9.15% on a fully diluted basis. The company plans to use the proceeds for general working capital purposes and maintains flexibility to adjust its Oracle holdings based on market conditions.
Silver Elephant Mining (OTCQB: SILEF) has completed the first tranche of its non-brokered private placement, raising $264,308 through the sale of 1,651,926 units at $0.16 per unit. Each unit comprises one common share and one warrant, with warrants exercisable at $0.20 per share for three years.
Notable participants include Director John Lee subscribing for 406,250 units ($65,000) and major shareholder Ron Motz acquiring 400,000 units ($64,000). The company paid Finder's Fees of 14,000 Finder's Units. The securities will have a four-month plus one day regulatory hold period, with proceeds intended for general corporate purposes.
Silver Elephant Mining Corp. (TSX: ELEF, OTCQB: SILEF) has reduced its stake in Oracle Commodity Holding Corp. through the sale of 5 million common shares for total proceeds of $90,000 on September 3-4, 2025.
Following the transaction, Silver Elephant's ownership in Oracle decreased from 19.92% to 15.11% on a non-diluted basis and 11.78% on a fully diluted basis, representing a 4.81% reduction in shareholdings. The company plans to use the proceeds for general working capital purposes and may adjust its Oracle holdings based on market conditions.
Silver Elephant Mining (OTCQB: SILEF) has announced a non-brokered private placement to raise $672,000 through the sale of 4.2 million units at $0.16 per unit. Each unit includes one common share and one warrant, with warrants exercisable at $0.20 per share for three years.
Company insiders will participate by subscribing for up to 1 million units ($160,000). The offering includes a Finder's Fee of up to 7% in Finder's Units. The proceeds will be used for general corporate purposes, and the offering is subject to Toronto Stock Exchange approval.
Silver Elephant Mining (OTCQB:SILEF) has commenced trucking silver-mineralized material from its Apuradita Paca Project in Bolivia to a 400-tonnes-per-day toll milling facility in Potosi. The company currently has 855 tonnes of stockpiled materials ready for processing, with additional fresh materials from ongoing production.
The company maintains a monthly production forecast of 1,000-2,000 tonnes of silver-bearing material and projects to toll-mill approximately 10,000 tonnes in the initial campaign. The calculated average grade of extracted materials is 412 g/t Ag, 1.09% Pb, and 0.38% Zn. During tunnel development, the company discovered several high-grade silver-bearing stockwork veinlet systems, including a 10-meter-wide highly mineralized interval not included in the current resource model.
Silver Elephant Mining Corp. (OTCQB: SILEF) has reduced its stake in Oracle Commodity Holding Corp. through the sale of 4 million common shares for total proceeds of $60,000 on September 2, 2025.
Following the transaction, Silver Elephant's ownership in Oracle decreased from 23.77% to 19.92% on a non-diluted basis, and 15.53% on a fully diluted basis, representing a 3.85% reduction in shareholdings. The company plans to use the proceeds for general working capital purposes and may adjust its Oracle holdings based on market conditions.
Silver Elephant Mining (OTCQB: SILEF) and Oracle Commodity Holding have amended their existing net smelter return (NSR) royalty agreements for Mongolian coal and Bolivian silver properties. For coal properties, the royalty has been reduced to the greater of US$2 per tonne or 3% of NSR from the previous US$3 per tonne or 5%. For silver properties, the royalty on raw minerals has been reduced to 2% of (70% of gross metal value) from the previous 2% of 100%, with the $30/oz silver price threshold removed.
Silver Elephant, as a control person of Oracle, will provide payment guarantees for both coal and silver royalties through its Mongolian and Bolivian subsidiaries. The companies will rely on exemptions from formal valuation and minority approval requirements due to their related-party status.