Silver Elephant Appoints Peter Lightfoot as Technical Advisor for its Minago Nickel Project in the Thompson Nickel Belt
Silver Elephant Appoints Peter Lightfoot as Technical Advisor for its
Minago Nickel Project in the Thompson Nickel Belt
Vancouver, British Columbia, July 19, 2021 – Silver Elephant Mining Corp. (“Silver Elephant” or
“the Company”) (TSX:ELEF, OTCQX:SILEF, Frankfurt:1P2N) is pleased to announce the
appointment of Dr. Peter C. Lightfoot as a technical advisor for its Minago nickel project in the
Thompson nickel belt in Canada.
Dr. Peter C. Lightfoot, P.Geo. is an Independent Consultant to the global minerals industry and is the
founder/owner of Lightfoot Geoscience Inc., a consulting company providing services to companies
exploring for magmatic nickel ore deposits. During a 20- year career as a geologist with Inco and Vale
he was responsible for nickel exploration at Voisey's Bay, Sudbury and Carajas. Peter was also
involved in project generation, evaluation and technical support in Canada, Greenland, Scandinavia,
Finland, China, India, Australia, Brazil, Angola, South Africa and the United States.
In 2016, Peter published the first comprehensive textbook on the Ni-Cu-precious metal ore deposits of
the Sudbury Igneous Complex. Also in 2016, he compiled and edited a special volume on gold deposits
of China, published in Ore Ge ology Reviews. In 2017, Dr. Lightfoot was appointed as the Hutchinson
Visiting Industry Professor at the University of Western Ontario, where he is now an Adjunct Professor.
Peter received his B.A. in Earth Sciences from Oxford in 1980, his M.Sc. degree from the University of
Toronto in 1982 and his Ph.D from the Open University (U.K.) in 1985. He completed post -doctoral
studies at the University of Toronto and undertook extensive research on the geology and geochemistry
of the Noril'sk ore deposits during his tenure as an Adjunct Professor.
Dr. Lightfoot will assist the Company with Minago exploration and nickel property evaluation for staking
and acquisition in the Thompson nickel belt.
About the Minago Project
The Minago Project is located in the southern part of Manitoba’s Thompson Nickel Belt (“TNB”), which
is the fifth largest sulphide nickel belt in the world based on contained nickel endowment, containing
over 18 nickel deposits and over 5 billion lbs of nickel production since 1959. (Naldrett, A.J., 2004,
Magmatic Sulfide Deposits; Geology, Geochemistry and Exploration: Springer-Verlag, Berlin, 725 p.).
On July 6, 2021, Silver Elephant announced Mineral Resource Estimate for Minago prepared by
Mercator and AGP with an effective date of July 2, 2021 that includes a Measured and Indicated Mineral
Resource of 722 million lbs of nickel, and an Inferred Mineral Resource of 319 million lbs of nickel at
an average grade of 0.74% nickel (mineral resources are not mineral reserves and do not have
demonstrated economic viability). The Minago Project has received over $40 million in investment since
early 2000.
Manitoba Provincial Highway 6 and a high-voltage (230 kV) transmission line both transect the Minago
project. Minago has been demonstrated to produce a 22.3% nickel concentrate based on
representative f eed of 0.54% nickel through extensive metallurgical testing by SGS. Vale currently
produces nickel concentrates in Thompson at the heart of the TNB, 270 km northeast of the Minago
project. Its nickel concentrates are shipped to its Sudbury smelter for processing to refined nickel.
Qualified Persons
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 mining and exploration company in nickel, silver, and
vanadium.
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
[email protected] 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.