0001654954-21-005796.txt : 20210517 0001654954-21-005796.hdr.sgml : 20210517 20210517095559 ACCESSION NUMBER: 0001654954-21-005796 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20210517 FILED AS OF DATE: 20210517 DATE AS OF CHANGE: 20210517 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Silver Elephant Mining Corp. CENTRAL INDEX KEY: 0001545224 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-55985 FILM NUMBER: 21928177 BUSINESS ADDRESS: STREET 1: SUITE 1610 - 409 GRANVILLE STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 1T2 BUSINESS PHONE: 604-569-3661 MAIL ADDRESS: STREET 1: SUITE 1610 - 409 GRANVILLE STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 1T2 FORMER COMPANY: FORMER CONFORMED NAME: PROPHECY DEVELOPMENT CORP. DATE OF NAME CHANGE: 20150629 FORMER COMPANY: FORMER CONFORMED NAME: PROPHECY COAL CORP DATE OF NAME CHANGE: 20120321 6-K 1 silef_6k.htm CURRENT REPORT silef_6k
 

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 May 2021
 
 
Commission File Number 000-55985
 
 
SILVER ELEPHANT MINING CORP.
(Translation of registrant’s name into English)
 
Suite 1610 – 409 Granville Street
Vancouver, British Columbia, Canada V6C 1T2
(Address of principal executive offices)
 
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F
 
Form 20-F
     
Form
40-F
 
 
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):   ☐              
 
 
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.
 
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):    ☐            
 
 
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.
 
 

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.
 
 
 
SILVER ELEPHANT MINING CORP.
 
 
 
 
Date: May 17, 2021
/s/ Brigitte McArthur
Brigitte McArthur
Corporate Secretary
 
 
 
2
 
 
INDEX TO EXHIBITS
 
 
News release dated May 17, 2021
 
 
 
3
EX-99.1 2 silef_ex991.htm PRESS RELEASE silef_ex991
  Exhibit 99.1
 
 
Silver Elephant Plans to Announce Minago Nickel Project Mineral Resource Estimate in June For Nickel Spinout
 
Vancouver, British Columbia, May 17, 2021 – Silver Elephant Mining Corp. (“Silver Elephant” or “the Company”) (TSX:ELEF, OTCQX:SILEF, Frankfurt:1P2N) announces that the Company and its wholly owned Canadian subsidiary Flying Nickel Mining Corp. (“Flying Nickel”) have commissioned an independent Mineral Resource Estimate (“MRE”) in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") for the Minago nickel project (“Minago”) located in Manitoba, Canada.
 
The MRE will be prepared in collaboration between Mercator Geological Services Limited (“Mercator”), AGP Mining Consultants (“AGP”) and Stantec and is expected to be completed in June, 2021 to support the proposed Flying Nickel spin-out.
 
The Silver Elephant acquired Minago in February 2021 (refer to news release dated February 9th, 2021).
 
About the Minago Project
 
Minago spans over 197 km2. and is located in the Thompson Nickel Belt (TNB) in Manitoba, which is the fifth-largest nickel-bearing geological belt in the world. There has been over 5 billion pounds of nickel production at TNB since 1958. Manitoba Provincial Highway 6 and a high-voltage (230 kV) transmission line both transect the Minago project. Vale currently mines and produces nickel concentrates in Thompson at the heart of the TNB, 270 km northeast of the project. Their nickel concentrates are shipped by rail to its Sudbury smelter for further processing.
 
To date, past investments of over $35 million has been invested at Minago with over 74,000 meters of historic exploration drilling, with drill result highlights as follows:
 
Hole No
From (m)
To (m)
Int (m)
Ni%
V-10-11
161.5
353.2
191.7
0.51
V-10-16
176.0
320.3
144.3
0.85
V-08-06
537.7
676.7
139.0
0.73
V-08-06
132.2
265.3
133.1
0.62
V-10-15
109.5
228.0
118.5
0.82
V-08-04B
361.7
471.0
109.2
0.76
N-05-01
143.7
251.0
107.3
0.80
MXB-71-94
177.4
282.2
104.9
0.73
V-10-26
269.2
358.8
89.5
0.86
NM-06-02
293.3
364.2
70.9
1.21
 
 
 
 
 
Hole No
From (m)
To (m)
Int (m)
Ni%
N-05-01
325.3
391.2
65.9
1.08
V-10-18
351.0
409.1
58.1
1.67
B-12A-89
322.2
372.5
50.3
1.23
V-08-01
452.2
490.6
38.4
1.51
 
Reported widths are core-interval widths and not true widths. True widths have not determined. Drilling was conducted by previous operators from 2010 and earlier. Minago is considered as a non-material asset to the Company.
 
In 2011, an Environmental Impact Statement (EIS) submitted by the previous operator was approved by the Manitoba government for a 10,000-tonnes-per-day open-pit operation at Minago. The Company is studying which of these permits are still in good standing and is undertaking to update the EIS as necessary in 2021.
 
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 Mining Corp. is a premier silver mining and exploration company.
 
Further information on Silver Elephant can be found at www.silverelef.com.
 
SILVER ELEPHANT MINING CORP.
 
ON BEHALF OF THE BOARD
 
“John Lee”
 
Executive Chairman
 
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.

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