Non-YouTube, Vanadium Gibellini Aerial Northward (1:19min) In the process building, the PLS will go through solvent extraction (SX) and stripping processes to produce vanadium pentoxide. The most significant assumptions are set forth above, but generally these assumptions include: (i) the presence of and continuity of vanadium mineralization at the Gibellini project at estimated tonnages and grades; (ii) the geotechnical and metallurgical characteristics of rock conforming to sampled results; (iii) infrastructure construction costs and schedule; (iv) the availability of personnel, machinery and equipment at estimated prices and within the estimated delivery times; (v) currency exchange rates; (vi) vanadium sale prices; (vii) appropriate discount rates applied to the cash flows in the economic analysis; (viii) tax rates applicable to the proposed mining operation; (ix) the availability of acceptable financing on reasonable terms; (x) projected recovery rates and use of a process method, that although well-known and proven on other commodity types such as copper, has not been previously brought into production for a vanadium project; (xi) reasonable contingency requirements; (xii) success in realizing proposed operations; and (xiii) assumptions that project environmental approval and permitting will be forthcoming from county, state and federal authorities. Of the 31,730,110 Battery Metals Shares retained by Silver Elephant, 5,822,128 are reserved for transfer to holders of options and warrants of Silver Elephant ("Convertible Securities") such that, upon exercise of each such Convertible Security, the holder thereof shall receive, inter alia, two Battery Metals Shares in addition to each one Silver Elephant Post-Consolidation Share issuable upon exercise thereof (the "Reserved Shares"). The end results demonstrated low acid consumption (less than 100 lb acid consumption per ton leached) and high recovery through direct leaching. Silver Elephant confirms that until such date, which will be beyond the Effective Date of January 14, 2022, the common shares will continue to trade on the TSX on a pre-Arrangement and pre-Consolidation basis. Mining at the Gibellini and Louie Hill deposits is planned to be a conventional open pit mine using a truck and loader fleet consisting of 100-ton trucks and front-end loaders. The total initial capital cost is estimated at approximately $147 million. Non-YouTube, Vanadium Gibellini overlooking Louie Hill (0:31sec) This disclosure is made pursuant to the requirements of National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. Samples were selected from a range of depths within the Gibellini deposit, and are considered to be representative of the various types and styles of mineralization within that deposit. Silver Elephant believes that the expectations reflected in the forward-looking statements contained in this news release and the documents incorporated by reference herein are reasonable, but no assurance can be given that these expectations will prove to be correct. The Gibellini project is designed to be an open pit, heap leach operation in Nevadas Battle Mountain region (25 km south of Eureka) with initial capital cost of $147 million, average annual production is 10.2 million pounds of V2O5 , at an all-in sustaining cost of $6.04 per pound with strip ratio of 0.18 to 1 (waste rock:leach material). The Mineral Resources have an effective date of 5 June 2021. You need JavaScript enabled to view it. Click here for information about XBRL software and viewing XBRL financial statements. 1, p. 16) stated that the serpent was a special effect created by Robert Legato.. A Notice of Intent (NOI) to prepare an Environmental Impact Statement (EIS) for the Gibellini project was published on July 14, 2020 in the Federal Register. Tietosuojakytnnstmme ja evstekytnnstmme voit lukea listietoa siit, miten kytmme henkiltietojasi. Silver Elephant Mining Corp (BC, Canada): Through its Bolivian subsidiaries, Silver Elephant will focus on Pulacayo-Paca silver mining project in Bolivia. Early warning reports pursuant to the requirements of applicable securities laws will be issued by Battery Metals and will be posted to SEDAR at www.sedar.com and available on request at the number below. An early warning report pursuant to the requirements of applicable securities laws will be issued by Silver Elephant and will be posted to SEDAR at www.sedar. In addition, although Silver Elephant has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Non-YouTube, Vanadium Gibellini Trenching (0:31sec) Samples were selected from a range of depths within the Gibellini deposit, and are considered to be representative of the various types and styles of mineralization within that deposit. Vanadium Gibellini Skyline (0:50sec) Tonnage and grade measurements are in US units. Trading in the Company's common shares will commence on a post-Arrangement and post-Consolidation basis under the same symbol "ELEF" at market open on Tuesday, January 18, 2022. While it is currently expected that each of the new companies will aim to list on a Canadian securities exchange, listing is subject to the applicable rules and policies of the respective exchange. The most significant assumptions are set forth above, but generally these assumptions include: (i) the presence of and continuity of vanadium mineralization at the project at estimated grades; (ii) the geotechnical and metallurgical characteristics of rock conforming to sampled results; (iii) infrastructure construction costs and schedule; (iv) the availability of personnel, machinery and equipment at estimated prices and within the estimated delivery times; (v) currency exchange rates; (vi) vanadium sale prices; (vii) appropriate discount rates applied to the cash flows in the economic analysis; (viii) tax rates applicable to the proposed mining operation; (ix) the availability of acceptable financing on reasonable terms; (x) projected recovery rates and use of a process method, that although well-known and proven on other commodity types like copper, has not been previously brought into production for a vanadium project; (xi) reasonable contingency requirements; (xii) success in realizing proposed operations; and (xiii) assumptions that project environmental approval and permitting will be forthcoming from county, state and federal authorities. The cash operating costs in the first half of the Gibellini project covering years 17 is $4.20 per lb of V2O5 produced and for years 812 is $5.87 per lb of V2O5 produced, resulting in a weighted average cash cost of $4.70 per lb of V2O5 produced and all-in sustaining cost of $6.04/lb. Pulacayo-Paca received over US$25 million in investments which included over 98,000 meters of drilling since 2005. The renewable energy alternative in the EIS includes 6 MW of solar panels and a 10 MW vanadium flow battery to provide 100% of the Gibellini projects electrical power demand. Non-YouTube, Vanadium Gibellini Aerial Looking Eastward (0:48sec) Further information on Silver Elephant can be found at www.silverelef.com. The average annual mine production during the 11.1 year mine life will be 3.56 million tons of leach material (3 Mst) and waste (0.56 Mst) at a strip ratio of 0.18 (w:l). Silver Elephant undertakes no obligation to release publicly any future revisions to forward-looking statements to reflect events or circumstances after the date of this news or to reflect the occurrence of unanticipated events, except as expressly required by law. Certain statements contained in this news release, including statements which may contain words such as "expects", "anticipates", "intends", "plans", "believes", "estimates", or similar expressions, and statements related to matters which are not historical facts, are forward-looking information within the meaning of applicable securities laws. In addition, although Silver Elephant has attempted to identify important factors that could cause actual actions or events to differ materially from those described in forward looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Battery Metals (CUSIP 07134N103), a new Canadian reporting issuer, with 80,000,000 common shares outstanding, holding a 2% royalty in each of the assets referenced above, and 22,953,991 shares of Flying Nickel (representing 39.7%) and 22,953,991 shares of Nevada Vanadium (representing 45.9%) as long-term investments. The cash operating cost is lower in the first half of the Gibellini project due to processing of higher-grade material. The cost information is also prepared using current values, but the time for incurring the costs will be in the future and it is assumed costs will remain stable over the relevant period. kehittksemme ja parantaaksemme palveluitamme sek tuotteitamme. Currently there are no Mineral Reserves on the Gibellini property. Post-Arrangement, each company will commence its corresponding core business with the following: For more information regarding the Arrangement, readers should refer to the Company's management information circular prepared in connection with the Meeting, a copy of which is available at www.sedar.com and silverelef.com. Silver Elephant Mining Corp. is a premier silver mining and exploration company. The Qualified Person for the estimate is Mr. Todd Wakefield, RM SME of Mine Technical Services Ltd. Additional laboratory scale testing was successfully conducted on the loaded strip solution to purify, precipitate and extract final marketable vanadium-bearing products. The Woodruff Formation is the host of the vanadium mineralization in the three deposits. The Flying Nickel Shares and Nevada Vanadium Shares were acquired as part of the Arrangement. It also owns 100% of Mega Thermal Coal Corp. and 39% of Oracle Commodity Holding Corp. (Oracle). Non-YouTube, Gibellini & Vanadium Introduction (5:17min) Capital and operating costs for the 2021 PEA are based on supplying 3 Mt of crushed and agglomerated leach material annually from two open pits at Gibellini and Louie Hill. Afterwards, the Company will revert to a customary reporting calendar based on a March 31 year-end, with fiscal quarters ending on the last day of June, September, December and March each year. The Mineral Resources have an effective date of 5 June 2021. Both water and power sources are within five miles of the planned mining operations. Mineral Resources are reported at various cut-off grades for oxide, transition, and reduced material. Silver Elephant announces further to the news release dated January 12, 2022 regarding the Effective Date for the Plan of Arrangement, trading in the Company's common shares will commence on a post-Arrangement and post-Consolidation basis on Tuesday, January 18, 2022, or such later date as may be determined by the TSX. Vancouver, British Columbia, October 14, 2021 - Silver Elephant Mining Corp. ("Silver Elephant" or the "Company") (TSX:ELEF, OTCQX:SILEF, Frankfurt:1P2N) is pleased to announce that,. Vancouver, British Columbia, January 12, 2022 - Silver Elephant Mining Corp. ("Silver Elephant" or the "Company") (TSX: ELEF, OTCQX:SILEF, Frankfurt:1P2N) announces further to the news. Further information on Silver Elephant can be found at www . Vancouver, British Columbia-- (Newsfile Corp. - March 13, 2023) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQX: SILEF) (FSE: 1P2) ("Silver Elephant" or "the Company") announces that it proposes to undertake a non-brokered private placement (the "Placement") of up to 1.5 million Units of the Company (the "Units") at a price of $0.45 per Unit . Silver Elephant, with 24,134,945 post-Consolidation common shares outstanding, holding a 100% interest in the Pulacayo silver and El Triunfo gold-silver projects in Bolivia, and 31,730,110 shares of Battery Metals' (representing 39.7%) as a long-term investment; Flying Nickel, a new Canadian reporting issuer (CUSIP 34408W106), with 57,836,470 common shares outstanding, holding a 100% interest in the Minago nickel project in the Thompson nickel belt in Manitoba; Nevada Vanadium (CUSIP 64152L105), a new Canadian reporting issuer, with 50,000,000 common shares outstanding, holding a 100% interest in the Gibellini vanadium project in Nevada; and. Then at such date, the pre-Consolidated shares will undergo the exchange pursuant to the Arrangement as follows: The Consolidated common shares will be exchanged on the basis of 10 pre-Consolidation common shares held for: For more information regarding the Arrangement, readers should refer to the Company's management information circular prepared in connection with the Meeting, a copy of which is available at www.sedar.com and silverelef.com. Mineral resources are not mineral reserves and do not have demonstrated economic viability. Sustaining capital is estimated at $25.2 million. Bisoni McKay Mineral Resource estimate was not included in the mine plan in the 2021 PEA to better reflect the Companys already submitted plan of operation in its permitting efforts. The economic analysis is partly based on Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and there is no certainty that the2021 PEA based on these Mineral Resources will be realized. Non-YouTube, Vanadium Zoom to Gibellini (1:10min) These may warrant drill programs upon further investigation (see Companys press release dated May 26, 2019). addyf434a66a840288fec0ab5263bcbc5929 = addyf434a66a840288fec0ab5263bcbc5929 + 'silverelef' + '.' + 'com'; A subset of the Gibellini and Louie Hill Mineral Resource estimates were adopted in the 2021 PEA mine plan. Many forward-looking statements are made assuming the correctness of other forward-looking statements, such as statements of net present value and internal rates of return, which are based on most of the other forward-looking statements and assumptions herein.
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