Silver Elephant Mining Corp 6-K, filed Oct 14, 2020
Silver Elephant Mining Corp. (SILEF)
6-K
2020-10-14
For: 2020-10-13
View Original
Added on
April 06, 2026
About this 6-K
Silver Elephant Mining Corp filed this 6-K on October 14, 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 October,
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: October 14,
2020
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By:
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/s/ Brigitte
McArthur
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Brigitte
McArthur
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Corporate
Secretary
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INDEX TO EXHIBITS
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News
Release dated October 14, 2020
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3
Exhibit 99.1
Silver Elephant Executes Drilling Program
at Paca, Pulacayo Project
Vancouver,
British Columbia, October 14, 2020 – Silver Elephant Mining
Corp. (“Silver Elephant” or “the Company”)
(TSX: ELEF, OTCQX:SILEF, Frankfurt:1P2N announces it has completed a 545 meter exploration
drilling program at the Paca deposit at the Pulacayo Project in
Bolivia.
Almost
all of the previous 19,688 meters of drilling conducted at Paca
were completed in a north-south direction. The drilling defined the
resource envelope hosting Paca’s main east-west mineralized
trend.
During
the mapping completed in late 2019 Silver Elephant geologists
recognized additional structures in the Paca area that may run
oblique to the main east-west trending structure.
In
this program, 5 holes were drilled diagonally to test possible
oblique structures for ‘blind’ mineralization that
might have previously gone undetected.
Core
samples have been submitted to the laboratory for assay. Results
are expected sometime in November 2020.
Visit www.silverelef.com
for maps.
About Pulacayo Project
Pulacayo Project’s Mineral Resource Estimate
has an effective date of October 13, 2020 and includes
an Indicated Mineral Resource of 106.7 million oz of silver,
1,384.7 million pounds of zinc, and 693.9 million pounds of lead,
and an Inferred Mineral Resource of 13.1 million oz of silver,
122.8 million pounds of zinc and 61.9 million pounds of lead (refer
to Company’s press release dated October
13th,
2020).
Silver Elephant’s Pulacayo Project Resource Estimate October
13, 2020
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Deposit
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Category
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Rounded Tonnes
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Ag Moz
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Zn Mlbs
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Pb Mlbs
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AgEq Moz
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%Reported Ag
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Pulacayo
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Indicated
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26,350,000
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70.2
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903.7
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386.0
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133.4
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64%
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Inferred
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1,670,000
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7.2
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71.8
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18.4
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11.4
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Paca
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Indicated
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21,690,000
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37.0
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485.8
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304.2
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70.2
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36%
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Inferred
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3,395,000
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6.0
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51.1
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43.7
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9.2
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Total
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Indicated
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48,040,000
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106.7
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1,384.7
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690.2 |
208.5
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89%
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Inferred
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5,065,000
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13.1
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122.8
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61.9
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21.7
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11%
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The
Mineral Resource Estimate was prepared by Mercator Geological
Services Limited (“Mercator”) under supervision of
Matthew Harrington, P. Geo., who is an independent Qualified Person
as defined under NI 43-101.
Qualified Person
The technical contents of this news release have been prepared
under the supervision of Danniel Oosterman, VP Exploration. Mr.
Oosterman is not independent of the Company in that he is employed
by it. Mr. Oosterman is a qualified person (“QP”) as
defined by the guidelines in NI 43-101.
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.
SILVER
ELEPHANT MINING CORP.
“Joaquin Merino “
VP For South America Operation
For
more information about Silver Elephant, please contact Investor
Relations:
+1.604.569.3661
ext. 101
ir@silverelef.com www.silverelef.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.