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Silver Elephant Mining Corp. has initiated a 1,500-meter drilling program at its El Triunfo Gold-Silver Project in Bolivia, targeting geophysical anomalies identified in 2021. This drilling follows the successful 2020 maiden drill program, where mineralization was detected over a 750-meter trend. The current focus, Triunfo East, has high-grade gold surface samples and is separated from Triunfo West by a fault, representing a previously unexplored area. The project has potential for a large bulk-mining operation.
Silver Elephant Mining Corp. has clarified its trading symbol on the OTCQX, which will be SILED until February 14, 2022, before reverting to SILEF. This change follows a post-Arrangement and post-Consolidation update on the TSX. The previous news release incorrectly identified the symbol as SILEFD. Additionally, the Company appointed Cindy Waterman as the new Corporate Secretary, succeeding Flora Lo. Waterman has experience from Teranga Gold Corporation.
Silver Elephant Mining Corp. has launched a drilling program at the Paca deposit, part of its Pulacayo project in Bolivia. This program follows a successful 2020 drill campaign, which revealed significant silver equivalent intercepts, including 50 g/t silver equivalent over 112 meters. The new drilling is designed to explore the Paca east corridor, guided by recent geophysical surveys. The Paca deposit contains an indicated 37 million oz and inferred 6 million oz of silver resources. Updates on permitting and ongoing developments are expected throughout 2022, focusing on silver production opportunities.
