Announcement Date: 2022-04-04
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Silver Elephant Mining Corp.
Project name: EI Triunfo
Location: Bolivia
Commodities: Gold,Silver,Lead,Zinc
Highlight: Drilling results incl. 247m @ 0.2g/t Au, 8.1g/t Ag, 0.17% Pb, 0.14% Zn from 3.0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, British Columbia, April 4, 2022 – Silver Elephant Mining Corp. (“Silver Elephant” or the “Company”) (TSX:ELEF, OTCQX:SILEF, Frankfurt:1P2N) announces initial diamond drill results from the Company’s 100%-controlled El Triunfo gold-silver project located 75 km east of La Paz city, Bolivia. Five holes totaling 1,500 meters are underway to test induced polarization (“IP”) geophysical anomalies discovered in 2021. TR009 encountered separate intersections of 14 meters of 2.5 g/t AuEq (0.8 g/t Au, 65 g/t Ag, 1.74% Pb, 1.44% Zn), 2 meters of 2.7 AuEq (0.2 g/t Au, 211 g/t Ag, 0.84% Pb, 0.24% Zn), and 4 meters of 2.6 g/t AuEq (2.4 g/t Au, 12.9 g/t Ag, 0.19% Pb, and 0.04% Zn) within 247 meters grading 0.4 AuEq, starting from 3 meters downhole. TR010 encountered 1.2 meters of 7.7 g/t AuEq (2.4 g/t Au, 61 g/t Ag, 10.80% Pb, 2.98% Zn), 1 meter of 2.7 g/t AuEq (1.8 g/t Au, 27 g/t Ag, 0.81% Pb, and 1.25% Zn) within 45 meters grading 0.7 AuEq, starting from 7 meters downhole. TR009 and TR010 were drilled at eastern and western edges of the Triunfo West block (“TWB”) and successfully expanded the mineralized width and open up the exploration prospects immediately west of the TWB. The TWB (featuring
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