Vancouver, British Columbia--(Newsfile Corp. - November 7, 2023) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQX: SILEF) (FSE:1P2) ("Silver Elephant" or the "Company") is pleased to announce the Company has commenced mining Paca silver oxide materials ("Products") and trucking the Products to Andean Precious Metals Corp. (Andean). All Products are excavated from the Paca resources tabulated below.

Pursuant to the sales and purchase agreement entered between Silver Elephant and Andean on September 12, 2023, approximately 4,500 tonnes of the Products with an average grade of 252 g/t Ag have been delivered to Andean's processing facility in Potosi since mid October.

John Lee, Silver Elephant CEO comments: "The progress and activities at Paca demonstrated team effort and community support. Silver Elephant aims to grow and maintain local employment; in addition to contributing to government royalties in the months and years ahead."

In light of the successful early Phase 1 Paca project commissioning in October, the company is accelerating the time table of Phase 2 Paca sulphide development. The objective is to start mining Paca sulphide materials and truck them to one of several nearby milling plants that will produce lead-silver and zinc concentrates for sale in early 2024. see & read more on
https://www.newsfilecorp.com/release/186493/Silver-Elephant-Announces-4500Tonnes-of-Pacas-Silver-Oxide-Delivered-to-Andean-Precious-Metals-Corp.-in-October