Silver Elephant Releases Pea For Nevada Vanadiu... May 2026

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)

: 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 Silver Elephant releases PEA for Nevada vanadiu...

: $147 million, including a 25% contingency. Operational Specifications Silver Elephant Mining Corp

: 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 Cash Operating Cost : $4

: 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.