Silver Elephant Delivers Additional High-Grade Silver Concentrate Sale in April from Its Bolivian Silver Mining Operation

Original announcement by tmx on

Company
Silver Elephant Mining Corp.
Ticker
ELEF
Exchange
TSX
Region
Bolivia
Primary commodity
Silver
Secondary commodities
Lead, Zinc
Document categories
Production, Drill results
Extracted
2026-09-19 19:31:27 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Silver Elephant Mining Corp. announced the sale of 31.6 tonnes of high-grade silver-lead concentrate (8,795 g/t Ag, 24% Pb) in April 2026. The company continues underground shrinkage stoping at the Apuradita operation in Bolivia and has identified potential open-pit targets.

Reasoning: The company successfully executed a concentrate sale and provided clear production guidance and metallurgical/QA/QC details, though the QP lacks independence.

Positive factors

  • Successful sale of high-grade silver-lead concentrate
  • Steady underground production targets maintained
  • Identification of potential open-pit zones
  • Robust QA/QC disclosure with ISO accredited laboratory

Negative factors

  • Qualified Person is an employee and not independent

Facts used in scoring: 4

Classification and evidence

QA/QC Disclosedpositive · Story-specific tag

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes detailed QA/QC protocols, laboratory accreditation (ISO 17025), and sampling methods.

Evidence · text

“ALS Laboratories' sample management system meets all requirements of International Standards ISO/IEC 17025:2017”

Bonanza Interceptpositive · Story-specific tag

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Concentrate grade of 8,795 g/t Ag is exceptionally high.

Evidence · text

“grading 8,795 g/t Ag”

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Drill Results (2)

Fact 1Apuradita · silverGrade: 248Grade Unit: g/tNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Apuradita
Commodity
silver
Region
bolivia
Reported Region
bolivia
Ticker
ELEF

Geometry

Grade
248
Grade Unit
g/t

Classification

Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-30T00:00:00.000Z

Reasoning: Feed grade for the processing campaign.

Evidence · text

“treated approximately 1,845 tonnes of Apuradita feed grading 248 g/t Ag”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 2Apuradita · leadGrade: 0.8Grade Unit: %Needs review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Apuradita
Commodity
lead
Region
bolivia
Reported Region
bolivia
Ticker
ELEF

Geometry

Grade
0.8
Grade Unit
%

Classification

Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-30T00:00:00.000Z

Reasoning: Feed grade for the April 2026 processing campaign.

Evidence · text

“0.8% Pb”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.