| Metals & Mining Industry | Materials Sector | Mr. John R. Lee BCom, BEdpg, C.F.A., FAICD, MBA, SAFin CEO | OTCQX Exchange | 82770L307 CUSIP |
| CA Country | 20 Employees | - Last Dividend | 18 Jan 2022 Last Split | - IPO Date |
Silver Elephant Mining Corp. is a company primarily engaged in the exploration stage of mineral and energy project development. With a focus on acquiring, exploring, and developing opportunities in the mining sector, the company has a diverse portfolio that includes the prospecting of gold, nickel, silver, lead, zinc, iron, vanadium, titanium, and coal. Originally known as Prophecy Development Corp., it underwent a name change to Silver Elephant Mining Corp. in March 2020, signaling a refined focus or strategic shift in its business direction. The company's headquarters are located in Vancouver, Canada, indicating its strategic positioning within a hub of mining and exploration companies. The flagship project, the Pulacayo project, spans an area of 3,560 hectares and is situated in Quijarro province, Bolivia, highlighting the company's international presence and its commitment to exploring resource-rich areas.
The exploration of gold signifies the company's involvement in searching for potential gold mining opportunities. This process includes geological surveys, drilling, and sampling to assess the viability of gold production.
Nickel exploration involves the identification and evaluation of nickel deposits, which are crucial for various industrial applications, including the manufacturing of batteries and stainless steel.
Silver exploration is another critical aspect of the company's operations, focusing on discovering silver deposits. Silver has a wide range of uses, from investment and currency to industrial applications.
This involves the search for lead and zinc, which are often found together. These metals are used in various industries, including construction, batteries, and alloys.
The exploration for iron focuses on finding and evaluating deposits of iron ore, which is a fundamental component in the steel-making process and various other industrial applications.
Exploring for vanadium and titanium involves searching for these metals known for their high strength, resistance to corrosion, and importance in aerospace and automotive industries.
Coal exploration encompasses the activities aimed at discovering coal deposits, which are essential for energy production and various industrial processes.
The Pulacayo project is the company’s flagship project, covering an area of 3,560 hectares located in Quijarro province, Bolivia. It represents the company’s commitment to developing and exploring significant mineral and energy projects internationally.