Silver Elephant Mining (TSE:ELEF) has released an update.
Silver Elephant Mining Corp. reported mining 22,669 tonnes of silver-bearing materials at an average grade of 193 g/t in August 2024, despite a brief slowdown due to national labor strikes and overburden removal. Since October 2023, the company has successfully mined and shipped 176,803 tonnes, amounting to 965,531 oz of silver. Furthermore, they have initiated a new sulphide operation with expected revenue by the end of 2024 and have outlined financial expectations from their agreement with Andean Precious Metals Corp.
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