TLDR
- SILEF stock holds at $0.0800 as Robinson-Lasher exploration gains momentum
- Silver Elephant advances Robinson-Lasher near planned Korea Zinc smelter
- SILEF highlights high-grade germanium at Kentucky zinc project update
- Robinson-Lasher moves forward as SILEF stock trades flat at $0.0800
- Silver Elephant expands Kentucky project amid rising germanium demand
Silver Elephant Mining Corp. (SILEF) stock closed unchanged at $0.0800 on July 2, marking a 0.00% daily move after falling from the $0.09-$0.10 range during June. Trading volume was unavailable, reflecting limited activity in the OTC market. Meanwhile, SILEF stock gained attention after Silver Elephant Mining reported progress at its Robinson-Lasher zinc-germanium-gallium project in Kentucky.
Robinson-Lasher Project Moves Ahead Near Planned Critical Minerals Smelter
Silver Elephant Mining advanced exploration activities at the Robinson-Lasher Project in Livingston County, Kentucky. The property sits about 90 miles from Korea Zinc’s proposed $7.4 billion critical minerals smelter in Clarksville, Tennessee. The location could provide strategic advantages if the facility begins operations as planned.
The Tennessee smelter aims to process more than 500,000 tons of concentrate every year. It will recover several critical minerals, including zinc, silver, germanium, and gallium. Those same minerals occur within the Robinson-Lasher Project, strengthening the project’s regional importance.
The planned processing complex follows the design of Korea Zinc’s Onsan Smelter in South Korea. The project has financial backing from the U.S. EXIM Bank, the U.S. Department of Commerce, and the Department of War. In addition, commercial operations are expected to begin in 2029.
Historical Drilling Supports Germanium and Zinc Potential
Historical drilling returned notable germanium and zinc grades across multiple mineralized intervals. Drill hole DXHR-01 intersected 81.4 feet grading about 11.2% zinc and 114 grams per ton germanium. As a result, the results highlighted strong mineralization over a broad interval.
Drill hole DXHR-03 delivered another significant intercept across 16.0 feet. The interval averaged approximately 13.4% zinc and 199 grams per ton germanium. It also included peak germanium values reaching 350 grams per ton within the mineralized zone.
Silver Elephant stated that two of the four historical drill holes reported elevated germanium and gallium values. Gallium grades reached as high as 20 grams per ton within sphalerite mineralization. Consequently, SILEF stock remains tied to a project containing several critical minerals sought by industrial markets.
Germanium Market Strength Adds Industry Context
Germanium prices continued to rise as global supply conditions remained tight. As of June 26, 2026, germanium traded at $8,597.50 per kilogram, equivalent to about $267 per troy ounce. That represented a gain of roughly 320% since the beginning of 2020.
China introduced germanium export licensing measures during August 2023. Later, it expanded restrictions by banning germanium exports to the United States in December 2024. Supply limitations have supported higher prices across international markets.
Silver Elephant’s Kentucky project contains germanium alongside zinc and gallium. That mineral mix aligns with materials expected to feed future domestic processing capacity. SILEF stock continued trading at $0.0800, although the latest project update placed additional focus on Robinson-Lasher’s long-term development potential.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
