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Silver Elephant, previously known as PCY, just changed name on March 23rd- Silver & Vanadium Mines

Discussion in 'Penny Stocks' started by Intern shIp, Mar 25, 2020.

  1. Intern shIp

    Intern shIp Member

    Apr 24, 2018
    Likes Received:
    Silver Elephant Mining Corp (TSX: ELEF, OTC: SILEF), is a TSX listed company advancing its 100% controlled top-tier Pulacayo silver mining project in Bolivia.

    Silver Elephant's Pulacayo silver project features diamond drill intercept of 1,030 g/t Ag over 25 meters, a starter resource 31 million indicated oz at 455g/t, 21 million oz inferred*. Only 30% of the known mineralization is drilled. Pulacayo is near New Pacific’s major silver discovery in Potosi, and ELEF is selling for a fraction of NUAG’s valuation.

    Silver Elephants objective in 2020 is drill and expand Pulacayo silver resource base which is open to the west and at depth, as well as drill district-scale targets (Paca, Al Abra, Pero, Pacamayo).

    Silver Elephant specializes in mine permitting, construction, and operations.

    The company is managed by mine builders and governed by industry renowned directors from Barrick Gold Corp, Klondex Mines Ltd, Tahoe Resources Inc, and Bear Creek Mining Corp.

    Mr. Eric Sprott owns 9% of Silver Elephant, Company insiders own further 15% of Silver Elephant, which has no bank debt and approximately 122 million shares outstanding


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