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Silver Elephant's Sunawayo Returns Assays up to 477 g/t Silver and 20% Lead; All 48 Collected Samples from 4 Areas Return Anomalous Assayed Grades
VANCOUVER, BC / ACCESSWIRE / September 28, 2020 / Silver Elephant Mining Corp. ("Silver Eleph...
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[{"type":"text","content":"Silver Elephant‘s Sunawayo Returns Assays up to 477 g/t Silver and 20% Lead; All 48 Collected Samples from 4 Areas Return Anomalous Assayed GradesVANCOUVER, BC / ACCESSWIRE / September 28, 2020 / Silver Elephant Mining Corp. (\"Silver Elephant\" or \"the Company\") (TSX:ELEF)(OTCQX:SILEF)(Frankfurt:1P2N) announces that all of the initial forty-eight chip and grab samples collected from surface outcrops and adits at its Sunawayo silver project (\"Sunawayo\") returned anomalous Ag-Pb assayed values. Ten of the assayed samples contain either over 100g/t silver or 10% lead or both. The results vastly exceeded the Company's expectations and are an early indication of the potential for multiple mineral discoveries at Sunawayo.Located in central Bolivia, the Company's Sunawayo project is contiguous with the Malku Khota project (\"MK\"). The Malku Khota deposit with a 350million-oz historic silver resource sits 200 meters south of the Sunawayo-MK border (\"MK Border\"). Sunawayo features a 17km property extent which covers 59.5 square km of prospective area and includes an active 100 ton-per-day open-pit mining operation located 10km north of the MK Border.In the Company's first-pass reconnaissance, undertaken while possessing only limited site data, Silver Elephant geologists identified at least four high priority areas along the 11km lithological trend that hosts the Malku Khota deposit. These areas are called Caballo Uma, Pujiuni, Mine Area and MK Border.Sunawayo photos, and maps of the sample locations are posted at http://www.silverelef.com.Caballo Uma (28 samples; 1.6km by 1.0 km)Caballo Uma is located approximately 7km south of Mine Area and 5 km northwest of MK Border. There are numerous adits at Caballo Uma, with samples returning high grade silver values over a span of 1.6 km in a southeast-northwest trend. Company geologists observed mineralization associated with extensive, multiple east-west trending vein systems, stockworks, and hydrothermal breccias. Results from Caballo Uma are tabulated below:Sample IDAreaTypeAg (g/t)Pb %Zn %AgEq (g/t)93323Caballo UmaCHIP3972.630.6747593329Caballo UmaCHIP2934.262.0444893327Caballo UmaGRAB2891.920.4434493324Caballo UmaGRAB2880.270.0129493303Caballo UmaCHIP16912.550.2645293321Caballo UmaGRAB15820.000.0159793322Caballo UmaGRAB791.140.1811093328Caballo UmaGRAB770.610.249793302Caballo...