Vancouver, British Columbia--(Newsfile Corp. - July 10, 2024) - Silver Elephant Mining Corp. (TSX: ELEF) (OTC Pink: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces in June, the Company mined a total of 29,270 tonnes of Paca oxide materials with an average grade of 177.5 g/t silver ("Products") and trucked the Products to Andean Precious Metals Corp. ("Andean") in Potosi department in Bolivia. The Company has mined and shipped over 127,734 tonnes of silver-bearing oxide materials grading 177.7 g/t silver with zero safety incident since Paca operational start in October 2023. These production numbers have exceeded the Company's expectations.

John Lee, CEO of Silver Elephant commented: "Silver Elephant yet again set a new monthly silver mining production record of 976 tonnes-per-day on average including a daily-high of 1,665 tonnes on June 26 from the Company's Paca project in Bolivia.

"Silver Elephant has contributed meaningful taxes and royalty revenues to the Bolivian government based on 683,237 oz gross silver production record in the past 8 months to the end of June 2024, and became an integral part of the Pulacayo township with positive community relations. see & read more on
https://www.newsfilecorp.com/release/216028/