Silver Elephant mined and delivered 22,669 tonnes at Paca, grading 193 g/t silver for August 2024

Vancouver, British Columbia–(Newsfile Corp. – September 19, 2024) – Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) (“Silver Elephant” or the
“Company”) announces in August 2024 that the Company has mined a total of 22,669 tonnes of oxide materials from the Paca Silver Project (731 tonnes per day) averaging 193 g/t silver (“Products”) and trucked the Products to Andean Precious Metals Corp. (“Andean”) in the Potosi Department of Bolivia.

Production in August was delayed compared to July production due to a short-term Bolivian national strike and planned overburden removal. The company has mined and shipped 176,803 tonnes of silver-bearing oxide materials grading 180 g/t silver, equivalent to 965,531 oz silver based on reported government tax data, with no lost time incidents since Paca began operations in October 2023.