Silver Elephant Mining Corp (SILEF)

[mick]

excerpt 2/ The 100% owned Ulaan-Ovoo coal deposit is strategically located
10 km from the Russian border and 120 km from
both Mongolian and Russian rail links.

The project contains 209 million tonnes of measured and indicated economically recoverable high quality,
high volatile bituminous thermal coal with a 2:1 strip ratio.

The caloric output is at 5,204 kcal/kg with low ash at 12.46% and
very low sulfur of 0.40%.

Coal thickness of 53 meters and first 8 years requires no washing with an estimated production cost of $10-$15/ton.

The second thermal coal deposit is the
Chandgana Tal and
Chandgana Khavtgai Coal Project,
contatining 1,211 million tonnes of measured & indicated coal resource (NI 43-101).

Click here for the resource page.
The resource is contained almost entirely within a single coal seam averaging 37.7-45.4m
with very few partings with a strip ratio of 1.9:1.

The calorific value is 4,354 kcal/kg with low ash level of 12.49%
and very low sulfur of 0.68%.
Chandgana is within 160km from rail,
45 km North of the proposed railway, 16 km from paved highway,
and 150 km from 2x220kv power line.

It is ideally suited for a 600MW mine mouth power plant with extension to eventual 4,200MW.