Gallium and Indium Discovered at Silver Elephant’s (TSX:ELEF) Bolivian Mine

Silver Elephant Mining (TSX:ELEF) has announced the discovery of gallium and indium at its Pulacayo-Paca silver-lead-zinc project in Bolivia’s Potosi department. The company reported assay results showing gallium levels up to 34 g/t and indium levels up to 266 g/t over a 750-meter strike length.

The assays were conducted on 199 core samples from 12 diamond drill holes at the site. These samples were selected based on their proximity to previous drill holes that had shown promising results for gallium and indium. Earlier testing on those holes had revealed 99 meters containing 27.8 g/t gallium and 9.7 g/t indium.

According to Silver Elephant, the gallium and indium occurrences appear to correlate with zinc mineralization at the site. The company stated it will continue evaluating the potential of these elements, noting they could add significant value to any concentrate produced from future mining operations.

The Pulacayo-Paca project, Silver Elephant’s flagship operation, began production in October 2023. While primarily focused on silver, lead and zinc, these new findings suggest the possibility of additional valuable minerals at the site.

Bill Pincus, an independent consultant acting as a qualified person under NI 43-101 guidelines, supervised the technical aspects of this announcement. The company employed standard Quality Assurance/Quality Control protocols during the drilling campaigns, including the use of standards and blanks comprising 3-5% of analyzed material.

This announcement comes amid growing interest in gallium and indium, which are used in various high-tech applications including semiconductors and flat-panel displays. The discovery of these elements at an existing silver mine could potentially enhance the project’s economic viability.

It should be noted that while these initial results are promising, further testing and evaluation will be necessary to determine the full extent and economic potential of the gallium and indium mineralization at the Pulacayo-Paca project.

HOLE ID
FROM m
TO m
WIDTH m
Ag g/t
Pb %
Zn %
Ga g/t
In g/t

PUD156
247.3
248
0.7
934
5.67
6.16
4.56
266.00

11PUD231
30
31
1
1
0.53
0.01
7.58
12.25

11PUD231
42
43
1
1
0.65
0.02
10.05
14.55

11PUD231
48
49
1
2
1.56
0.02
34.80
42.40

11PUD231
101
102
1
108
1.91
8.71
5.56
38.40

11PUD231
111
112
1
345
5.83
10.85
8.83
74.80

11PUD231
119
120
1
145
2.20
1.23
10.20
29.00

PUD069
254
255
1
40
1.10
5.44
4.61
11.15

PUD069
278
279
1
44
0.17
6.65
2.42
20.30

PUD069
290
291
1
98
0.91
1.20
2.57
17.75

PUD069
296
297
1
620
0.44
8.79
3.04
16.40

PUD069
310
311
1
169
0.24
7.73
7.08
219.00

11PUD220
84
85
1
74
2.67
2.95
2.61
14.50

PUD046
227
228
1
54
1.02
4.35
3.90
10.30

PUD046
233
234
1
93
1.62
3.82
7.29
21.60

PUD046
261
262
1
106
1.47
1.81
1.84
20.80

PUD046
267
268
1
314
1.71
2.44
2.53
20.00

PUD046
273
274
1
62
0.96
4.91
4.61
37.50

PUD046
279
280
1
56
0.51
5.48
5.45
32.70

PUD046
285
286
1
199
1.99
6.70
3.77
29.50

PUD046
291
292
1
786
10.95
3.59
5.74
51.00

PUD046
296
297
1
>100
0.83
>10000
2.05
12.40

PUD098
63
64.15
1.15
77
1.74
3.89
2.93
12.60

PUD098
154
155
1
44
0.71
5.84
5.18
43.40

PUD098
159
160
1
1.29
0.15
0.66
4.64
14.00

PUD098
184
185
1
41
0.94
5.43
2.52
12.90

PUD098
190
191
1
650
10.90
12.95
6.84
83.90

PUD187
316
317
1
15
0.06
1.63
3.27
13.25

PUD267
33.5
35
1.5
40
1.22
1.21
3.78
15.90

HOLE ID
FROM m
TO m
WIDTH m
TRUE WIDTH m
Ag g/t
Pb %
Zn %

PUD 156
241
278
37
22.78
74.65
0.33
0.82

including…
246.6
253
6.4
3.94
217.49
0.99
1.36

11PUD 231
21
23
2
0.94
199.5
9.35
0.06

11PUD 231
40
47
7
3.29
92
2.53
0.07

including…
45
46
1
0.47
407
6.72
0.07

101
106
5
2.35
54.4
1.07
3.32

109
114
5
2.35
96.4
1.77
4.7

117
120
3
1.41
79
1.37
4.45

PUD 069
276
306
30
22.98
413.9
3.59
1.2

11PUD 220
35.2
56
20.8
9.76
79.3
0.9
0.62

65
68
3
1.41
44.7
0.75
0.6

80
89
9
4.22
119.7
2.6
2.64

PUD 040
237
241
4
2.29
7.25
1.1
3.49

PUD 046
225
309
84
70.44
106.29
0.86
2.26

including…
284
303
19
15.93
258.47
1.8
2.85

PUD 187
315
317
2
1.53
13.5
0.08
1.74

324
326
2
1.53
7
0.01
1.14

PUD 267
31.5
67
35.5
25.10
54.3
4.31
0.92

including…
48
58
10
7.07
146.7
9.79
1.97

PUD 267
117
123
6
4.24
47.8
1.11
0.25

including…
121
122
1
0.71
238
3.61
0.86

127.5
131
3.5
2.47
1.3
1.45
0.25

139.5
142
2.5
1.77
2.4
1.68
0.2

PUD 271
123
126
3
2.12
1
0.005
0.012

PUD 098
178
215
37
29.93
48.8
1.06
2.9

Including…
189
193
14
11.33
304.4
5.15
10.69

PND 108
15
65
50
48.30
135
1.42
0.4

including…
33
57
24
23.18
200
2.12
0.6

and…
33
43
10
9.66
257
1.49
0.41

94
96
2
1.93
160
0.52
0.94

PND 110
9
182
173
122.33
95
1.4
1.63

incl…
9
98
89
62.93
279
1.17
1.28

and…
9
28
19
13.43
718
0.74
0.05

and…
9
12
3
2.12
145
0.9
0.07

and…
16
28
12
8.49
1085
0.71
0.04

and…
44
180
138
97.58
87
2.01
1.59

and…
44
46.5
2.5
1.77
111
1.09
0.61

and…
44
98
54
38.18
98
1.52
2.03

and…
52
54
2
1.41
115
1.33
1.61

and…
60
82
22
15.56
328
1.43
1.98

and…
61
65
4
2.83
1248
2.88
1.93

and…
86
94
8
5.66
270
2.74
2.83

and…
97
98
1
0.71
155
3.03
3.26

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.