Silver Elephant Mines More Than 30k Tons Of Oxide Materials

Silver Elephant Mining (TSX:ELEF) has mined more than 30,844 tons of oxide materials from its Paca Project between October and December 2023, the company announced Friday, having trucked the products to Andean Precious Metals.

In a news release, the Vancouver-based company stated the materials mined had an average grade of 162.2 g/t silver and were excavated from the Paca resources.

The Paca project is part of Silver Elephant’s Pulacayo project with a total indicated resource of 106.7 million ounces silver, 1.4 billion pounds of zinc and 690 million pounds of lead.

“The continued progress and activities demonstrated Paca operational scalability at close to 1,000 tons per day,” John Lee, CEO of Silver Elephant, said in a statement. “Silver Elephant aims to expand and maintain local employment; in addition to contributing to government royalties in the months and years ahead.

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