: Silver Elephant recently reorganized to focus on silver, spinning out the vanadium assets into Nevada Vanadium Mining Corp. . Silver Elephant releases PEA for Nevada vanadium project
: The project received its Record of Decision (ROD) from the Bureau of Land Management in late 2023. Silver Elephant releases PEA for Nevada vanadiu...
According to the 2021 PEA results published by Silver Elephant Mining Corp., the project demonstrates robust economics: : 25.4%. After-Tax NPV : $127.9 million at a 7% discount rate. Cumulative Cash Flow : $260.8 million after-tax. Payback Period : 2.5 years. : Silver Elephant recently reorganized to focus on
: The mine is planned to be the first in the U.S. powered completely by renewable energy, utilizing a 6 MW solar array and a 10 MW vanadium flow battery. According to the 2021 PEA results published by
: 10.2 million pounds of vanadium pentoxide ( V2O5cap V sub 2 cap O sub 5 Life of Mine (LOM) : 11.1 years. Cash Operating Cost : $4.70 per lb V2O5cap V sub 2 cap O sub 5 All-In Sustaining Cost (AISC) : $6.04 per lb V2O5cap V sub 2 cap O sub 5 Average Grade : 0.271% V2O5cap V sub 2 cap O sub 5 Strip Ratio : 0.18:1 (waste to leach material). Strategic Importance and Status
Silver Elephant Mining Corp. released the results of a 2021 Preliminary Economic Assessment (PEA) for its in Nevada , which is positioned to become the first primary vanadium mine in the United States. Key Financial Highlights (2021 PEA)