Silver Elephant Starts Trucking and Toll Milling of Silver Materials from Apuradita Paca in Bolivia
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 (OTCQB:SILEF) ha iniziato il trasporto su strada del materiale mineralizzato in argento dal suo progetto Apuradita Paca in Bolivia verso un impianto di toll milling da 400 tonnellate al giorno a Potosí. La società dispone attualmente di 855 tonnellate di materiale accatastato pronte per la lavorazione, con ulteriori materiali freschi derivanti dalla produzione in corso.
La società prevede una produzione mensile di 1.000-2.000 tonnellate di materiale contenente argento e conta di toll-millare circa 10.000 tonnellate nella campagna iniziale. Il grado medio calcolato dei materiali estratti è di 412 g/t Ag, 1,09% Pb e 0,38% Zn. Durante lo sviluppo delle gallerie, sono stati individuati diversi sistemi di venature stockwork ad alto tenore in argento, inclusa un'intervallo altamente mineralizzato largo 10 metri non incluso nell'attuale modello di risorsa.
Silver Elephant Mining (OTCQB:SILEF) ha comenzado a transportar por carretera material mineralizado en plata desde su proyecto Apuradita Paca en Bolivia hasta una planta de molienda por peajes de 400 toneladas por día en Potosí. La compañía cuenta actualmente con 855 toneladas de material acopiado listas para procesar, además de material fresco procedente de la producción en curso.
La compañía mantiene una previsión de producción mensual de 1.000-2.000 toneladas de material portador de plata y proyecta moler por peaje aproximadamente 10.000 toneladas en la campaña inicial. La ley media calculada de los materiales extraídos es de 412 g/t Ag, 1,09% Pb y 0,38% Zn. Durante el desarrollo de túneles, se descubrieron varios sistemas de venillas tipo stockwork con alto contenido de plata, incluyendo un intervalo altamente mineralizado de 10 metros de ancho que no está incluido en el modelo de recursos actual.
Silver Elephant Mining (OTCQB:SILEF)는 볼리비아의 Apuradita Paca 프로젝트에서 은이 풍부한 광물을 포토시의 일일 처리능력 400톤 톨밀(toll milling) 시설로 트럭 운송하기 시작했습니다. 회사는 현재 855톤의 재고 자재를 가공 준비가 된 상태로 보유하고 있으며, 진행 중인 생산에서 나온 신선한 자재도 추가로 확보하고 있습니다.
회사는 월간 1,000–2,000톤의 은 함유 자재 생산을 전망하고 있으며, 초기 캠페인에서 약 10,000톤을 톨밀링할 계획입니다. 채굴된 자재의 계산 평균 품위는 412 g/t Ag, 1.09% Pb, 0.38% Zn입니다. 터널 개발 과정에서 회사는 고등급 은 함유 스톡워크(veinlet) 시스템 여러 곳을 발견했으며, 현재 자원 모델에 포함되지 않은 폭 10미터의 고도 광화 구간도 확인했습니다.
Silver Elephant Mining (OTCQB:SILEF) a commencé à transporter par camion du matériel minéralisé en argent depuis son projet Apuradita Paca en Bolivie vers une usine de traitement sous contrat (toll milling) de 400 tonnes par jour à Potosí. La société dispose actuellement de 855 tonnes de matériaux stockés prêts à être traités, ainsi que de matériaux frais issus de la production en cours.
La société prévoit une production mensuelle de 1 000 à 2 000 tonnes de matériau contenant de l'argent et projette de traiter environ 10 000 tonnes lors de la campagne initiale. La teneur moyenne calculée des matériaux extraits est de 412 g/t Ag, 1,09% Pb et 0,38% Zn. Lors du développement des tunnels, plusieurs systèmes de filons en stockwork à haute teneur en argent ont été découverts, y compris un intervalle fortement minéralisé de 10 mètres de large qui n'est pas inclus dans le modèle de ressources actuel.
Silver Elephant Mining (OTCQB:SILEF) hat begonnen, silbermineralisiertes Material von seinem Apuradita Paca Projekt in Bolivien per Lkw zu einer Toll-Milling-Anlage mit 400 Tonnen pro Tag in Potosí zu transportieren. Das Unternehmen verfügt derzeit über 855 Tonnen eingelagertes Material, das zur Verarbeitung bereitsteht, sowie über zusätzliches frisches Material aus der laufenden Produktion.
Das Unternehmen geht von einer monatlichen Produktionsprognose von 1.000–2.000 Tonnen silberhaltigen Materials aus und plant, in der Anfangskampagne etwa 10.000 Tonnen per Toll-Milling zu verarbeiten. Der berechnete durchschnittliche Gehalt des abgebauten Materials beträgt 412 g/t Ag, 1,09% Pb und 0,38% Zn. Beim Tunnelvortrieb wurden mehrere hochgradige silberführende Stockwork-Venen entdeckt, darunter ein hochmineralisiertes Intervall von 10 Metern Breite, das im aktuellen Ressourcenmodell nicht enthalten ist.
- Commencement of silver material trucking and toll milling operations
- Discovery of new high-grade silver-bearing stockwork veinlet systems during tunnel development
- Substantial stockpile of 855 tonnes ready for processing
- High-grade silver content averaging 412 g/t Ag in extracted materials
- 180km distance between mine and toll milling facility may impact transportation costs
- Resource estimate is not a reserve estimate and lacks demonstrated economic viability
Vancouver, British Columbia--(Newsfile Corp. - September 4, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") is pleased to report that trucking of silver-mineralized material from the Company's Apuradita Paca Project ("Apuradita") in Bolivia commenced on August 29, 2025. The material mined from Apuradita is being toll-milled at a 400-tonnes-per-day processing plant located in Potosi, approximately 180 kilometers away (the "Toll Milling Facility"), to produce silver-lead-zinc concentrate for sale to an international concentrate buyer at spot silver price. There exists approximately 855 tonnes of stockpiled materials to be toll milled. In addition, there is fresh mineralized materials coming from on-going mine production. Apuradita is outside of the area covered under the Mining Production Contract between the Company and the Corporacion Minera de Bolivia (COMIBOL).
Silver Elephant maintains its near-term monthly production forecast of 1,000 to 2,000 tonnes of silver-bearing mineralized material. The Company currently projects to toll-mill approximately 10,000 tonnes of mineralized feed in the initial campaign, with further upside potential as additional mineralized zones are delineated and developed.
During Apuradita tunnel development in 2025, the Company discovered several high-grade silver-bearing stockwork veinlet systems prior to reaching intended stoping areas. Channel sampling conducted along the tunnel walls intercepted a 10-meter-wide of highly mineralized interval which is not included in the current resource model, and the extent and geometry of these shoots remain unknown. The Company plans to explore these priority targets in due course.
As outlined in the news release dated July 8, 2024, sulphide mineralized materials at Apurdita will be mined using the 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 planned 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,
Several examples of high-grade intercepts within the Apuradita mineralized zone include:
| Hole ID | From (m) | To (m) | Length (m) | True Width (m) | Ag (g/t) | Pb (%) | Zn (%) |
| PND004 | 86 | 97 | 11 | 7.8 | 481 | 0.5 | 0.2 |
| PND008 | 47 | 63 | 16 | 11.3 | 507 | 1.1 | 0.6 |
| PND008 | 111.9 | 127 | 15.1 | 10.7 | 424 | 2 | 2.7 |
| PND023 | 125 | 157 | 32 | 26.2 | 437 | 1.7 | 1 |
| PND092 | 38 | 52 | 14 | 9.9 | 522 | 0.8 | 0.1 |
| PND110 | 61 | 72 | 11 | 7.8 | 715 | 2.1 | 2.1 |
The full drill hole assay results were previously released on SEDAR from 2015 to 2025.
The assumptions set out above are based on a resource estimate at Apuradita that is not a reserve estimate. Mineral resources that are not mineral reserves do not have demonstrated economic viability and therefore should not be relied upon.
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.
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
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 near-term delivery targets of 1,000 to 2,000 tonnes per month, the projected 10,000 tonnes of mineralized material to be delivered in the initial campaign, the potential for the delivery of more than 10,000 tonnes of mineralized material based on the delineation and development of additional mineralized zones, the ability of the Toll Milling Facility to process all mineralized material delivered from Apuradita, the ability of the Toll Milling Facility to mill 400 tonnes-per day, the anticipated quantity and grade of any mineralized material delivered to the Toll Milling Facility and the anticipated quantity and grade of the concentrate from 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/265024
FAQ
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