# Silver Elephant Received US$1.4 Million in Cash Proceeds from Apuradita Silver Concentrate Sales in 2026 Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/silver-elephant-received-us-1-4-million-in-cash-proceeds-from-apuradita-silver-c--32823d0d-c1c0-40f4-a06b-18f1b53bc36d Original source: https://money.tmx.com/en/quote/ELEF/news/7502205117868258/silver-elephant-received-us-1-4-million-in-cash-proceeds-from-apuradita-silver-c Publisher: tmx Original announcement: 2026-08-21T14:11:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Silver Elephant Mining Corp. - Ticker: ELEF - Exchange: TSX - Region: Bolivia - Primary commodity: Silver - Secondary commodities: Lead - Document categories: Drill results, Production - Extracted: 2026-09-19 18:26:59 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Silver Elephant Mining Corp. reported US$1.4 million in cash proceeds from the sale of three batches of silver-lead concentrate from its Apuradita project in Bolivia during 2026. The concentrate grades showed a progressive increase across the batches, and the company reported an estimated cash flow margin of 35%. Reasoning: The company reported successful silver-lead concentrate sales in 2026 with improving grades, though it disclosed specific QA/QC gaps in its field sampling protocol. - Positive factor: Successful production and sale of three concentrate batches - Positive factor: Increasing concentrate grades across batches - Positive factor: Positive cash flow margin of 35% - Negative factor: QA/QC limitations noted \(no CRMs, blanks, or duplicates inserted by company in field protocol\) - Negative factor: Third batch results are provisional Facts used in scoring: 12 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Story-specific tag Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release mentions laboratory \(SpectroLab\) and check assaying procedures. Evidence · text > Selected channel samples were submitted to SpectroLab in Oruro, Bolivia, an independent analytical laboratory, for check assaying **No QA/QC Disclosure** Polarity: negative Story-specific tag Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: The company explicitly states it did not include CRMs, blanks, or duplicates in its field sampling protocol. Evidence · text > The preliminary underground channel sampling program did not include the insertion of certified reference materials \("CRMs"\), blanks, or duplicate samples by the Company ## Extracted facts Stored fact records: 12. Some facts used in scoring do not have a stored record. ## Drill Results (12) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-elephant-received-us-1-4-million-in-cash-proceeds-from-apuradita-silver-c--32823d0d-c1c0-40f4-a06b-18f1b53bc36d#fact-drill-facts-0) Apuradita · silver Needs review: drill\_no\_hole\_id #### Identity - Project: Apuradita - Commodity: silver - Region: bolivia - Reported Region: bolivia - Ticker: ELEF #### Geometry - Grade: 5916 - Grade Unit: g/t #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates, umpire #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-21T00:00:00.000Z Reasoning: First batch concentrate grade reported. Evidence · table > 5,916 Context: 25.8 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-elephant-received-us-1-4-million-in-cash-proceeds-from-apuradita-silver-c--32823d0d-c1c0-40f4-a06b-18f1b53bc36d#fact-drill-facts-1) Apuradita · lead Needs review: drill\_no\_hole\_id #### Identity - Project: Apuradita - Commodity: lead - Region: bolivia - Reported Region: bolivia - Ticker: ELEF #### Geometry - Grade: 14.4 - Grade Unit: % #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates, umpire #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-21T00:00:00.000Z Reasoning: First batch lead grade reported. Evidence · table > 14.4 Context: 25.8 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-elephant-received-us-1-4-million-in-cash-proceeds-from-apuradita-silver-c--32823d0d-c1c0-40f4-a06b-18f1b53bc36d#fact-drill-facts-2) Apuradita · silver Needs review: drill\_no\_hole\_id #### Identity - Project: Apuradita - Commodity: silver - Region: bolivia - Reported Region: bolivia - Ticker: ELEF #### Geometry - Grade: 9295 - Grade Unit: g/t #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates, umpire #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-21T00:00:00.000Z Reasoning: Second batch concentrate grade reported. Evidence · table > 9,295 Context: 31.3 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-elephant-received-us-1-4-million-in-cash-proceeds-from-apuradita-silver-c--32823d0d-c1c0-40f4-a06b-18f1b53bc36d#fact-drill-facts-3) Apuradita · lead Needs review: drill\_no\_hole\_id #### Identity - Project: Apuradita - Commodity: lead - Region: bolivia - Reported Region: bolivia - Ticker: ELEF #### Geometry - Grade: 23.9 - Grade Unit: % #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates, umpire #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-21T00:00:00.000Z Reasoning: Second batch lead grade reported. Evidence · table > 23.9 Context: 31.3 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 5 [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-elephant-received-us-1-4-million-in-cash-proceeds-from-apuradita-silver-c--32823d0d-c1c0-40f4-a06b-18f1b53bc36d#fact-drill-facts-4) Apuradita · silver Needs review: drill\_no\_hole\_id #### Identity - Project: Apuradita - Commodity: silver - Region: bolivia - Reported Region: bolivia - Ticker: ELEF #### Geometry - Grade: 11577 - Grade Unit: g/t #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates, umpire #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-21T00:00:00.000Z Reasoning: Third batch concentrate grade reported; noted as provisional. Evidence · table > 11,577\* Context: 27.6 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 6 [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-elephant-received-us-1-4-million-in-cash-proceeds-from-apuradita-silver-c--32823d0d-c1c0-40f4-a06b-18f1b53bc36d#fact-drill-facts-5) Apuradita · lead Needs review: drill\_no\_hole\_id #### Identity - Project: Apuradita - Commodity: lead - Region: bolivia - Reported Region: bolivia - Ticker: ELEF #### Geometry - Grade: 31 - Grade Unit: % #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates, umpire #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-21T00:00:00.000Z Reasoning: Third batch lead grade reported; noted as provisional. Evidence · table > 31.0\* Context: 27.6 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 7 [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-elephant-received-us-1-4-million-in-cash-proceeds-from-apuradita-silver-c--32823d0d-c1c0-40f4-a06b-18f1b53bc36d#fact-drill-facts-6) Apuradita · silver Needs review: drill\_no\_hole\_id #### Identity - Project: Apuradita - Commodity: silver - Region: bolivia - Reported Region: bolivia - Ticker: ELEF #### Geometry - Grade: 250 - Grade Unit: g/t #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates, umpire #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-21T00:00:00.000Z Reasoning: First batch feed grade reported. Evidence · table > 250 Context: 1,223 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 8 [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-elephant-received-us-1-4-million-in-cash-proceeds-from-apuradita-silver-c--32823d0d-c1c0-40f4-a06b-18f1b53bc36d#fact-drill-facts-7) Apuradita · lead Needs review: drill\_no\_hole\_id #### Identity - Project: Apuradita - Commodity: lead - Region: bolivia - Reported Region: bolivia - Ticker: ELEF #### Geometry - Grade: 0.7 - Grade Unit: % #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates, umpire #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-21T00:00:00.000Z Reasoning: First batch feed lead grade reported. Evidence · table > 0.7 Context: 1,223 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 9 [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-elephant-received-us-1-4-million-in-cash-proceeds-from-apuradita-silver-c--32823d0d-c1c0-40f4-a06b-18f1b53bc36d#fact-drill-facts-8) Apuradita · silver Needs review: drill\_no\_hole\_id #### 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, blanks, duplicates, umpire #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-21T00:00:00.000Z Reasoning: Second batch feed grade reported. Evidence · table > 248 Context: 1,845 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 10 [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-elephant-received-us-1-4-million-in-cash-proceeds-from-apuradita-silver-c--32823d0d-c1c0-40f4-a06b-18f1b53bc36d#fact-drill-facts-9) Apuradita · lead Needs review: drill\_no\_hole\_id #### 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, blanks, duplicates, umpire #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-21T00:00:00.000Z Reasoning: Second batch feed lead grade reported. Evidence · table > 0.8 Context: 1,845 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 11 [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-elephant-received-us-1-4-million-in-cash-proceeds-from-apuradita-silver-c--32823d0d-c1c0-40f4-a06b-18f1b53bc36d#fact-drill-facts-10) Apuradita · silver Needs review: drill\_no\_hole\_id #### Identity - Project: Apuradita - Commodity: silver - Region: bolivia - Reported Region: bolivia - Ticker: ELEF #### Geometry - Grade: 396 - Grade Unit: g/t #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates, umpire #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-21T00:00:00.000Z Reasoning: Third batch feed grade reported. Evidence · table > 396 Context: 1,479 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 12 [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-elephant-received-us-1-4-million-in-cash-proceeds-from-apuradita-silver-c--32823d0d-c1c0-40f4-a06b-18f1b53bc36d#fact-drill-facts-11) Apuradita · lead Needs review: drill\_no\_hole\_id #### Identity - Project: Apuradita - Commodity: lead - Region: bolivia - Reported Region: bolivia - Ticker: ELEF #### Geometry - Grade: 1.2 - Grade Unit: % #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates, umpire #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-21T00:00:00.000Z Reasoning: Third batch feed lead grade reported. Evidence · table > 1.2 Context: 1,479 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: 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.