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Silver Elephant Engages Wood PLC to Conduct Preliminary Economic Assessment on Gibellini Vanadium Project
ACCESSWIRE
31 May 2021, 22:05 GMT+10
VANCOUVER, BC / ACCESSWIRE / May 31, 2021 / Silver Elephant Mining Corp. ( Silver Elephant or the Company ) (TSX:ELEF, OTCQX:SILEF, Frankfurt:1P2N) announces that the Company s wholly owned subsidiary Nevada Vanadium LLC. (
Nevada Vanadium ) has commissioned a Preliminary Economic Assessment (
PEA ) in accordance with National Instrument 43-101 -
Standards of Disclosure for Mineral Projects (
NI 43-101 ) in respect of its Gibellini vanadium project, located in Eureka Country, Nevada, USA.
Vanadium is one of the best performing metals of 2021. Vanadium pentoxide price has risen 52% from US$5.4/lb in early January to US$8.2/lb today. The Gibellini project encompasses the Gibellini, Louie Hill, and Bisoni McKay properties which the Company acquired in 2017 and 2020.
Silver Elephant Mining Corp.: Silver Elephant Engages Wood PLC to Conduct Preliminary Economic Assessment on Gibellini Vanadium Project
Nevada Vanadium ) has commissioned a Preliminary Economic Assessment (
PEA ) in accordance with National Instrument 43-101 -
Standards of Disclosure for Mineral Projects (
NI 43-101 ) in respect of its Gibellini vanadium project, located in Eureka Country, Nevada, USA.
Vanadium is one of the best performing metals of 2021. Vanadium pentoxide price has risen 52% from US$5.4/lb in early January to US$8.2/lb today. The Gibellini project encompasses the Gibellini, Louie Hill, and Bisoni McKay properties which the Company acquired in 2017 and 2020.
The PEA will be prepared in collaboration between Wood PLC (