Silver Elephant Mining Corp 6-K, filed Jul 20, 2020
Silver Elephant Mining Corp. (SILEF)
6-K
2020-07-20
For: 2020-07-20
View Original
Added on
April 06, 2026
About this 6-K
Silver Elephant Mining Corp filed this 6-K on July 20, 2020.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 or 15d-16 UNDER
THE
SECURITIES EXCHANGE ACT OF 1934
For the
month of July,
2020
Commission
File Number 000-55985
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SILVER ELEPHANT MINING CORP.
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(Translation
of registrant’s name into English)
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Suite 1610 – 409 Granville Street
Vancouver, British Columbia, Canada V6C 1T2
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(Address
of principal executive offices)
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Indicate
by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F
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Form
20-F
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☒
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Form
40-F
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☐
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Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1):
☐
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Note: Regulation S-T Rule 101(b)(1) only permits
the submission in paper of a Form 6-K if submitted solely to
provide an attached annual report to security holders.
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Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule
101(b)(7): ☐
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Note: Regulation S-T Rule 101(b)(7) only permits
the submission in paper of a Form 6-K if submitted to furnish
a report or other document that the registrant foreign private
issuer must furnish and make public under the laws of the
jurisdiction in which the registrant is incorporated, domiciled or
legally organized (the registrant’s “home
country”), or under the rules of the home country exchange on
which the registrant’s securities are traded, as long as the
report or other document is not a press release, is not required to
be and has not been distributed to the registrant’s security
holders, and, if discussing a material event, has already been the
subject of a Form 6-K submission or other Commission filing on
EDGAR.
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1
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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SILVER ELEPHANT MINING CORP.
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Date:
July 20, 2020
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/s/ Brigitte
McArthur
Brigitte McArthur
Corporate Secretary
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INDEX TO EXHIBITS
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News
Release dated July 20, 2020
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Exhibit 99.1
Silver Elephant to Prepare Independent Pulacayo-Paca
Resource Estimates - Expects Pulacayo Drill Results
Shortly
Vancouver, British Columbia, July 20, 2020 – Silver Elephant
Mining Corp. (“Silver Elephant” or
the “Company”)
(TSX:ELEF, OTCQX:SILEF, Frankfurt:1P2) announces it has engaged Mercator
Geological Services Limited (“Mercator”)
to prepare an updated Technical Report (the
“Report”) as defined under National Instrument 43-101
(NI43-101) for the Pulacayo-Paca Project. The project is located in Bolivia, 107 km northeast of
Sumitomo Corporation’s San Cristobal silver mine, 210 km
southwest of New Pacific Metals Corp.’s Silver Sand project,
and 139 km north of Pan American Silver Corp.’s San Vicente
silver mine.
Between 2008 and 2017, there has been cumulative of 69,739 meters
of drilling at Pulacayo and 18,160 meters of drilling at Paca. The
Mineral Resource Estimate (“MRE”) will function as an
update to the Company’s currently filed technical report
dated October 20, 2017, taking into account changes in metal
prices, the results from recent drilling campaigns in late 2019 and
early 2020, and constraint optimization such as cut-off grades and
strip ratios. The Report will include separate NI43-101 MRE’s
for both the Pulacayo and Paca mineral deposits that comply with
the reporting guidelines of the CIM Definitions Standards for
Mineral Resources and Reserves.
The
Company also reports that the national COVID-19 quarantine in
Bolivia was lifted in late-June. While the Company has access to
the Pulacayo Paca Project, restrictions remain within the nearest
Town of Uyuni, which is still under quarantine. This limits the
Company’s ability to provide safe and adequate work
environment for its team at this time. Silver Elephant will resume
exploration activities at Pulacayo when it is safe and practical to
do so.
Separately,
the Company reports that it expects to receive assay results later
this month from 2 infill drill holes completed within the Pulacayo
resource in February 2020.
About Silver Elephant
Silver
Elephant is a premier silver mining company. The Company’s
goal is to enable shareholders to own as much silver in the ground
as possible by sizing up Pulacayo and Triunfo and by acquiring more
pre-production-stage silver deposits.
SILVER ELEPHANT MINING CORP.
“John Lee”
Chairman
For
more information about Silver Elephant, please contact Investor
Relations:
+1.604.569.3661
ext. 101
ir@silverelephant.com
www.silverelephant.com
Neither the Toronto Stock Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the Toronto
Stock Exchange) accepts responsibility for the adequacy or accuracy
of this release.
Cautionary Note Regarding Forward-Looking Statements
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. Such forward-looking statements, which reflect
management’s expectations regarding Company’s future
growth, results of operations, performance, and business prospects
and opportunities, are based on certain factors and assumptions and
involve known and unknown risks and uncertainties which may cause
the actual results, performance, or achievements to be materially
different from future results, performance, or achievements
expressed or implied by such forward-looking statements. These
factors should be considered carefully, and readers should not
place undue reliance on the Company’s forward-looking
statements. The Company 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. In addition, although the Company 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. The Company undertakes no obligation to publicly release
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.