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Silver Elephant Intercepts 1,565 g/t Silver 8.25% Pb, 3.85% Zn (1,825 g/t AgEq) Over 5 meters with PUD 283, while PUD 284 Intercepts 66.7 meters grading 182 g/t AgEq
VANCOUVER, BC / ACCESSWIRE / August 11, 2020 / Silver Elephant Mining Corp. ("Silver Elephant...
About this update from Silver Elephant Mining Corp
[{"type":"text","content":"Silver Elephant Intercepts 1,565 g/t Silver 8.25% Pb, 3.85% Zn (1,825 g/t AgEq) Over 5 meters with PUD 283, while PUD 284 Intercepts 66.7 meters grading 182 g/t AgEqVANCOUVER, BC / ACCESSWIRE / August 11, 2020 / Silver Elephant Mining Corp. (\"Silver Elephant\" or the \"Company\") (TSX:ELEF)(OTCQX:SILEF)(Frankfurt:1P2N) is pleased to announce diamond infill drilling results from its 100%-controlled Pulacayo silver project in the Potosi department of Bolivia. Notable highlights include:PUD 283Hole IDFrom ToLengthAg (g/t)Pb%Zn%AgEqPUD283248.0350.0102.01451.052.56255including…310.0322.012.07844.113.79977and…317.0322.05.015658.253.851825PUD 284Hole IDFrom ToLengthAg (g/t)Pb%Zn%AgEqPUD28455.065.010.01131.932.11243PUD284206.3273.066.71120.461.94182including...240.0273.032.01780.501.73241and…256.0273.017.02740.331.13295Reported widths are intercepted core lengths and not true widths, as relationships with intercepted structures and contacts vary. Based on core-angle measurements, true widths are estimated at approximately 72% of reported core lengths for PUD283 and 57% of the reported core lengths for PUD284.Silver equivalent is calculated using the formula adopted in its 2017, NI43-101 compliant Mineral Resource Estimate (see Company's press release dated November 22nd, 2017) as follows: AgEq. (g/t) = Ag (g/t)*89.2% + (Pb% *(US$0.94/ lb. Pb /14.583 Troy oz/lb./US$16.50 per Troy oz. Ag)*10,000*91.9%) + (Zn% *(US$1.00/lb. Zn/14.583 Troy oz/lb./US$16.50 per Troy oz. Ag)*10,000*82.9). This calculation incorporates metallurgical recoveries from test work completed for Pulacayo in 2013.These results demonstrate broad continuity of mineralization and grade starting from near-surface and is consistent with historic Hochschild mining records which indicate high grade mineralization with increasing depth to more than 1,000 meters from surface. Detailed Assay results are detailed in the table below:Hole IDFrom ToLengthAg (g/t)Pb%Zn%AgEqPUD283248.0350.0102.01451.052.56255 248.0282.034.090.221.0552 282.0297.015.0350.402.99148 297.0310.013.01571.475.15370 310.0317.07.02251.153.74371 317.0322.05.015658.253.851825 322.0329.07.01341.181.73222 329.0350.021.0760.822.65188PUD28430.5204.2173.7150.280.6746 30.555.024.530.830.0815 55.065.010.01131.932.11243 65.079.014.0130.441.2069 79.0101.022.040.110.3620 101.0204.2103.2100.180.5936PUD...