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Silver Elephant's Sunawayo Drills 2 Meters of 645 g/t Silver, 5.1% Lead, 1.3% Zinc, 0.2% Copper within 5 Meters of 380 g/t AgEq, Indium and Gallium Assays Pending
VANCOUVER, BC / ACCESSWIRE / May 4, 2021 / Silver Elephant Mining Corp. ("Silver Elephant" or...
About this update from Silver Elephant Mining Corp
[{"type":"text","content":"Silver Elephant's Sunawayo Drills 2 Meters of 645 g/t Silver, 5.1% Lead, 1.3% Zinc, 0.2% Copper within 5 Meters of 380 g/t AgEq, Indium and Gallium Assays PendingVANCOUVER, BC / ACCESSWIRE / May 4, 2021 / Silver Elephant Mining Corp. (\"Silver Elephant\" or \"the Company\") (TSX:ELEF, OTCQX:SILEF, Frankfurt:1P2N) announces drill assay results from the Sunawayo project from drill holes SWD011 to SWD014, which include a high-grade intercept of 2.0 meters grading 645 g/t Ag, 5.12% Pb and 1.34% Zn, 0.19% Cu (813 g/t AgEq) within a broader intercept of 5.0 meters grading 297 g/t Ag, 2.43% Pb, 0.78% Zn, 0.08% Cu (380 g/t AgEq).Highlighted results from this batch of drillholes is tabulated below:Hole ID From ToLength (m)AgEq (g/t)Ag (g/t)Pb %Zn %Cu %In g/tGa g/tSWD011117.0132.015.040300.270.110.01pendingpendingincl…121.0125.04.072570.410.170.01pendingpendingSWD011181.0192.011.033150.600.070.02pendingpendingSWD011190.0192.02.040150.880.120.02pendingpendingSWD01216.017.01.036150.960.010.00pendingpendingSWD01238.040.02.03080.930.030.02pendingpendingSWD01299.0100.01.033230.210.110.03pendingpendingSWD0133.021.018.035230.400.020.02pendingpendingSWD013146.0151.05.03802972.430.780.08pendingpendingincl…148.0150.02.08136455.121.340.19pendingpendingSWD0145.07.02.0111512.680.000.02pendingpendingSWD01437.043.06.052131.570.020.04pendingpendingSWD01452.054.02.097232.770.250.06pendingpendingSWD01478.079.01.035190.400.060.06pendingpendingReported intercepts are core-lengths and not true-widths; based on core-angle measurements, true widths range from 78% to 84% of reported core length. AgEq calculation uses a silver price of $25.00/oz, a zinc price of $1.10/lb., a lead price of $0.80/lb. and a copper price of $3.00/lb. (all USD) and assumes 100% metallurgical recovery as no metallurgical studies have been conducted on the project, and do not reliably reflect expected metallurgical results. Silver equivalent values are calculated using the following formula: AgEq = Ag g/t + (Zn % x 30.1644) + (Pb % x 21.9377) + (Cu% x 82.2665).The Company has completed its planned 15-hole drilling program at Sunawayo with SWD015 assay results pending.Results thus far confirm 14 out of 14 Sunawayo drilled holes over a 6.8 km span contain silver mineralization, highlighting the potential for the presence of one or more mineral deposits on the project. Curren...