Silver Elephant Delivers Over 1,200 Tonnes to Toll Mill and Expects Silver Concentrate Shipment in October 2025
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 (OTCQB: SILEF) ha iniziato una lavorazione di toll milling del materiale contenente argento dal progetto Apuradita Paca in Bolivia e ha consegnato fino ad oggi oltre 1,200 tonnellate al molino di outsourcing.
L'azienda ha stipulato un accordo di off-take per concentrato con un importante acquirente internazionale e prevede la prima spedizione di concentrato nell'ottobre 2025. L'attività mineraria prosegue a ritmo costante con un obiettivo di fornitura mensile a breve termine di 1,000–1,500 tonnellate e una stima interna di ~10,000 tonnellate di alimentazione mineralizzata nella campagna iniziale di sei mesi.
La grade media riportata del materiale sulfuro estratto è 412 g/t Ag, 1,09% Pb e 0,38% Zn. I campioni sono preparati da ALS Global Oruro e analizzati a Lima secondo procedure ISO accreditate. Un dipendente della società è la persona qualificata designata.
Silver Elephant (OTCQB: SILEF) ha comenzado la molienda por peaje de material que contiene plata de su proyecto Apuradita Paca en Bolivia y ha entregado hasta la fecha más de 1,200 toneladas al molino por peaje.
La empresa ha suscrito un acuerdo de off-take de concentrado con un importante comprador internacional y se espera el primer envío de concentrado en octubre de 2025. La minería continúa a un ritmo constante con un objetivo de suministro mensual a corto plazo de 1,000–1,500 toneladas y una estimación interna de ~10,000 toneladas de alimento mineralizado en la campaña inicial de seis meses.
La ley reportada media del material sulfuro extraído es de 412 g/t Ag, 1,09% Pb y 0,38% Zn. Las muestras se preparan en ALS Global Oruro y se analizan en Lima bajo procedimientos ISO acreditados. Un empleado de la empresa es la persona cualificada designada.
Silver Elephant (OTCQB: SILEF)는 볼리비아의 Apuradita Paca 프로젝트에서 은 함유 물질의 통관 가공(toll milling)을 시작했고 현재까지 1,200톤 이상을 통관 밀링 업체에 전달했습니다.
회사는 주요 국제 바이어와의 컨센트레이트 오프테이크 계약을 체결했으며 2025년 10월 첫 컨센트레이트 선적을 기대합니다. 채광은 꾸준한 속도로 지속되며 단기 월간 공급 목표는 1,000–1,500톤, 초기 6개월 캠페인에서 광물 함유 공급 추정치 약 10,000톤이 internal estimate로 제시됩니다.
추출된 황화물 재료의 평균 등급은 412 g/t Ag, 1.09% Pb, 그리고 0.38% Zn입니다. 샘플은 ALS Global Oruro에서 준비되고 리마에서 ISO 인증 절차에 따라 분석됩니다. 회사 직원이 명시된 자격 보유자로 지목되어 있습니다.
Silver Elephant (OTCQB: SILEF) a commencé à effectuer des activités de tol milling sur du matériel contenant de l'argent provenant de son projet Apuradita Paca en Bolivie et a jusqu'à présent livré plus de 1 200 tonnes au moulin sous contrat.
La société a conclu un accord d'achat de concentré avec un important acheteur international et s'attend à la première expédition de concentré en octobre 2025. L'exploitation minière se poursuit à un rythme soutenu avec un objectif de fourniture mensuelle à court terme de 1 000–1 500 tonnes et une estimation interne d'environ 10 000 tonnes d'alimentation minéralisée dans la campagne initiale de six mois.
La teneur moyenne déclarée du matériau sulfuros extrait est de 412 g/t Ag, 1,09% Pb, et 0,38% Zn. Les échantillons sont préparés chez ALS Global Oruro et analysés à Lima selon des procédures ISO accréditées. Un employé de la société est la personne qualifiée désignée.
Silver Elephant (OTCQB: SILEF) hat mit der Toll-Milling-Verarbeitung von silberhaltigem Material aus dem Apuradita Paca-Projekt in Bolivien begonnen und bislang über 1.200 Tonnen an das Toll-Mill geliefert.
Das Unternehmen hat eine Konzentrats-Offtake-Vereinbarung mit einem großen internationalen Käufer abgeschlossen und erwartet die erste Konzentratlieferung im Oktober 2025. Der Abbau geht mit konstantem Tempo weiter, mit einem kurzfristigen monatlichen Versorgungsziel von 1.000–1.500 Tonnen und einer internen Schätzung von ca. 10.000 Tonnen mineralisiertem Material in der anfänglichen Sechsmonatskampagne.
Die berichtete durchschnittliche Qualität des extrahierten Sulfidmaterials beträgt 412 g/t Ag, 1,09% Pb und 0,38% Zn. Proben werden bei ALS Global Oruro vorbereitet und in Lima gemäß ISO-akkreditierten Verfahren analysiert. Ein Mitarbeiter des Unternehmens ist als benannte qualifizierte Person angegeben.
Silver Elephant (OTCQB: SILEF) بدأ الطحن بالاعتماد على Toll Milling لمواد تحتوي على الفضة من مشروع Apuradita Paca في بوليفيا وقد سلم حتى الآن أكثر من 1,200 طن إلى مطحنة العطاء بالدفع عند التسليم.
نفذت الشركة اتفاق شراء مركزات مع مستثمر دولي رئيسي وتتوقع أول شحنة مركزات في أكتوبر 2025. تستمر عمليات التعدين بمعدل ثابت مع هدف تغذية شهري قصير الأجل قدره 1,000–1,500 طن وتقدير داخلي لحوالي 10,000 طن من الإمداد المعدني في الحملة الأولى لمدة ستة أشهر.
المعدل المتوسط للإستخراج من المادة الكبريتية هو 412 g/t Ag، 1.09% Pb، و0.38% Zn. تتم تجهيز العينات في ALS Global Oruro وتحليلها في ليما وفق إجراءات ISO المعتمدة. موظف في الشركة هو الشخص المؤهل المعين.
Silver Elephant (OTCQB: SILEF) 已开始对玻利维亚的 Apuradita Paca 项目含银材料进行托加工（toll milling），迄今已向外包磨矿厂交付超过 1,200 吨。
公司与一家国际重要买家签署了精矿购销协议，并预计将于 2025 年 10 月迎来第一批精矿发运。采矿活动以稳定速度进行，近期月度供给目标为 1,000–1,500 吨，内部估计在初始六个月的作业中可达到约 10,000 吨的矿化物料供应。
所开采的硫化物材料平均品位为 412 g/t Ag, 1.09% Pb，以及 0.38% Zn。样品在 ALS Global Oruro 准备，在利马按经 ISO 授权的程序进行分析。公司的一名员工被列为指定的合格人员。
- Delivered >1,200 tonnes to toll mill
- Executed concentrate off-take agreement with major international buyer
- First concentrate shipment expected in October 2025
- Near-term monthly production target of 1,000–1,500 tonnes
- Internal estimate of ~10,000 tonnes mineralized feed in initial 6 months
- High reported average grade: 412 g/t Ag
- Off-take agreement terms (price/volume) not disclosed in release
- First concentrate shipment is only expected in October 2025 (timing risk)
- Qualified person is an employee and not independent
Vancouver, British Columbia--(Newsfile Corp. - October 9, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") is pleased to announce that toll milling of silver-bearing material from the Company's Apuradita Paca Project ("Apuradita") in Bolivia has commenced. To date, over 1,200 tonnes of silver-bearing material have been delivered to the toll-milling facility. Refer to the Company's news releases dated September 4, 2025, and July 24, 2025 for further details.
The Company has also executed a concentrate off-take agreement with a major international buyer for the purchase of Apuradita metals concentrates, with the first shipment expected in October 2025. Mining operations at Apuradita continue at a steady rate, and Silver Elephant forecasts a near-term monthly production target of 1,000 to 1,500 tonnes of silver-bearing mineralized material.
The Company internally estimates an approximate total of 10,000 tonnes of mineralized feed in the initial 6-months campaign, which may be extended as additional mineralized zones are delineated and developed.
As outlined in the news release dated July 8, 2024, sulphide mineralized materials at Apurdita is being extracted via tthe shrinkage stoping method. The two stopes are designed with approximate dimensions of 30 meters in length x 20 meters in height x 4 meters in width, with a targeted average extraction rate of 50 to 100 tonnes per day. The calculated average grade of extracted and sorted sulphide materials is 412 g/t Ag,
The Company is thankful for continued support from local communities.
Qualified Person
The technical contents of this news release have been prepared under the supervision of Carlos Zamora a member of the American Institute of Professional Geologists (AIPG) and a Certified Professional Geologist (CPG) since 2024, who is an employee of the Company and is not considered independent. Mr. Zamora is a qualified person as defined by National Instrument 43-101.
QA/QC
Silver Elephant Mining Corp sends samples to ALS Global Laboratories in Oruro, Bolivia for sample preparation, after which, the prepared pulps are shipped to ALS Global laboratories for analysis in Lima, Peru. Samples are analyzed using Intermediate Level Four acid digestion. Silver over limits ("ore grade") are determined by fire assay with a gravimetric finish for precise quantification. ALS Laboratories sample management system meets all requirements of International Standards ISO/IEC 17025:2017 and ISO 9001:2015. All ALS geochemical hub laboratories are accredited to ISO/IEC 17025:2017 for specific analytical procedures. All samples are collected from HQ and NQ-diameter diamond drill core which is longitudinally halved using diamond-blade masonry saw. One-half of the core is submitted for laboratory analysis, while the other half is preserved on the Company's secured core facility for future reference. All core undergoes geotechnically analysis, photographed and then detail geological logging by the Company's qualified geologists prior to sampling.
About Silver Elephant Mining Corp.
Silver Elephant is a mineral exploration company with gold and silver projects in Bolivia.
Further information on Silver Elephant can be found at www.silverelef.com.
SILVER ELEPHANT MINING CORP.
ON BEHALF OF THE BOARD
"John Lee"
CEO and Executive Chairman
For more information about Silver Elephant, please contact Investor Relations:
+1.604.569.3661
info@silverelef.com
www.silverelef.com
FORWARD-LOOKING INFORMATION
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Such forward-looking information, which reflects management's expectations regarding Silver Elephant's future growth, results of operations, performance, business prospects and opportunities, is based on certain factors and assumptions and involves known and unknown risks and uncertainties which may cause the actual results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by such forward-looking information. Forward-looking information in this news release includes the timing to begin shipments of mineralized materials to the Toll Milling Facility, entering into a sales agreement with an international off taker, the anticipated quantity and grade of the concentrate from the Toll Milling Facility , the near-term delivery targets of 1,000 to 1,500 tonnes per month, the total number of tonnes of materials to be delivered to the Toll Mill Facility, the ability to deliver further material upon the expiry of the toll milling agreement referenced herein, the ability of the Toll Milling Facility to process all mineralized material delivered from Apuradita, production at the Apuradita tunnel achieving a rate of 50 to 100 tonnes per day, the anticipated quantity and grade of any mineralized material delivered to the Toll Milling Facility.
Forward-looking statements involve significant risks and uncertainties, and should not be read as guarantees of future performance, events or results, and may not be indicative of whether such events or results will actually be achieved. A number of risks and other factors could cause actual results to differ materially from expected results discussed in the forward-looking statements, including but not limited to: market conditions; changes in business plans; ability to secure sufficient financing to advance the Company's mining projects; and general economic conditions. Additional risk factors about the Company are set out in its latest annual and interim management's discussion and analysis and annual information form available under the Company's profile on SEDAR at www.sedarplus.ca.
Forward-looking information is based on reasonable assumptions by management as of the date of this news release, and there can be no assurance that actual results will be consistent with any forward-looking information included herein. Readers are cautioned that all forward-looking statements in this news release are made as of the date of this news release. The Company undertakes no obligation to update or revise any forward-looking information in this news release to reflect circumstances or events that occur after the date of this news release, except as required by applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269803
FAQ
How much material has Silver Elephant (SILEF) delivered to the toll mill as of October 9, 2025?
When is Silver Elephant (SILEF) scheduled to ship its first Apuradita silver concentrate?
What is Silver Elephant's (SILEF) near-term monthly production target at Apuradita?
What grades has Silver Elephant (SILEF) reported for extracted sulphide material at Apuradita?
How much mineralized feed does Silver Elephant (SILEF) estimate for the initial campaign?
Where are Silver Elephant's (SILEF) Apuradita samples analyzed and what standards are used?
