Silver Elephant Mining
Silver Elephant Mining acquired the Minago Nickel Project in Manitoba, Canada, and operates the Pulacayo-Paca mining project in Bolivia, which has been in production since October 2023. The company also manages the El Triunfo Gold Project in Bolivia.
Minago Nickel Project
Silver Elephant Mining acquired the Minago Nickel Project in February 2021. The project is located in the Thompson nickel belt in Manitoba, Canada. The resource estimates for the Minago Nickel Project include a Measured and Indicated mineral resource of 722 million lbs of contained nickel, as well as an Inferred mineral resource of 319 million lbs of contained nickel.
Pulacayo-Paca Mining Project
The Pulacayo-Paca mining project in Bolivia has been in production since October 2023. It operates at a mining rate of between 50 to 100 tonnes per day. This project is notable for its 107 million indicated ounces of silver, along with lead and zinc credits. Over $40 million has been invested in the Pulacayo-Paca project, including over 100,000 meters of drilling. The project comprises the Pulacayo deposit and the Paca deposit, which is located 7 kilometers north of the Pulacayo deposit.
El Triunfo Gold Project
The El Triunfo Gold Project is situated in the department of La Paz, Bolivia. In 2020, the first drilled results from the project showed 49 meters of 0.42 grams per ton (g/t) gold, 35 grams per ton (g/t) silver, 1.2% zinc, and 0.8% lead.