Mr. John Lee reports

SILVER ELEPHANT DELIVERS ADDITIONAL 2,937 TONNES OF COAL TO CHINA FROM ITS ULAAN OVOO MINE IN MONGOLIA

Further to Silver Elephant Mining Corp.'s news release dated Feb. 1, 2023, two separate rail shipments totalling 2,937 tonnes of coal have departed for China from its Ulaan Ovoo mine in Mongolia.

About Silver Elephant Mining Corp.

Silver Elephant Mining is a premier silver mining and exploration company, with its flagship Pulacayo silver project in Bolivia. It also owns 100 per cent of Mega Thermal Coal Corp. and 39 per cent of Oracle Commodity Holding Corp. Oracle has equity and royalty investments in nickel and vanadium mining companies.

We seek Safe Harbor.