Production / Operations
Silver Elephant Delivers Additional High-Grade Silver Concentrate Sale in April from Its Bolivian Silver Mining Operation
Operational Continuity Confirmed

Executive Summary
- Silver Elephant Mining Corp. announced the sale of its second silver-lead concentrate lot from the Apuradita Paca Mining Operation in Bolivia on April 30, 2026.
- The sale included approximately 8,936 oz of silver at a price of US$74.8 per oz.
- Underground mining operations are maintaining a monthly production target of 300 tonnes of silver-bearing mineralized material for the remainder of 2026.
- Three distinct mineralization zones suitable for future open-pit mining have been identified within the Apuradita project.
- Processing campaign data shows feed treated was approximately 1,845 tonnes with a grade of 248 g/t Ag and 0.8% Pb.
Material Impact
- The news confirms ongoing revenue generation from operations following the first concentrate sale in November 2025.
- While positive for operational validation, it is considered incremental rather than transformative given the prior milestone was rated as a "Game Changer".
- The stock price has declined significantly since January 2026 ($0.36 to $0.17), suggesting market skepticism regarding liquidity or cash realization despite the arbitration and tax wins earlier in the year.
- The sale validates metallurgical forecasts but does not address the recurring need for capital raises seen throughout 2025 and early 2026.
ELEF · Price
Company Overview
- Company: Silver Elephant Mining Corp., focused on precious metals in Bolivia and Mongolia.
- Flagship Project: Apuradita Paca Mining Operation (Bolivia).
- Project Status: Underground mining operations active; toll-milling arrangement with a Bolivian private company.
- Mining Method: Shrinkage stoping using two stopes (approx. 30m length, 20m height, and 4m width).
- Target Extraction Rate: 20 to 40 tonnes per day (historical) / 50-100 ft/day (projected).
- Average Grade: 412 g/t Ag, 1.09% Pb, and 0.38% Zn for sulphide material.
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Jul 06, 2026 · 12:27