Silver Elephant Mining Corp. - Emerging Silver Miner

Apuradita Silver Mine, Bolivia

100% owned by Silver Elephant, Not part of Comibol contract
167-meter tunneling started September 2024 at level 0 to provide access to materials grading 412 g/t Ag, 1.09% Pb based on drill holes, internal model.
Since May 2025, approximately 3,567 tons of Apuradita material have been mined grading Ag 251 g/t and Pb 0.7%. Approximately 71 tons of concentrate has been produced and sold, grading Ag 7,674 g/t and Pb 19%.
Management estimates Apuradita to contain over 10,000 tonnes of mineralized material to be mined, and toll milled at Potosi to produce silver concentrate
Forecasts monthly production target of 400 to 650 tonnes of silver-bearing mineralized material for remainder of 2026.

Jun 2026: Silver Elephant Expects June Sale of New Silver Concentrate Batch Ahead of Schedule

Apr 2026: Silver Elephant Delivers Additional High-Grade Silver Concentrate Sale from Its Bolivian Silver Mining Operation

Feb 2026: Silver Elephant Resumes Trucking from Apuradita Operation

Nov 2025: Silver Elephant Completes First High-Grade Silver Concentrate Sale From Apuradita Mining Operation

Sep 2025: Silver Elephant Starts Trucking and Toll Milling of Apuradita Materials

July 2025: Silver Elephant Signs Toll Milling Agreement and Ready to Start Apuradita Silver-Bearing Shipments

Jun 2025: Silver Elephant Prepares for First Concentrate Sales in June

Apr 2025: Silver Elephant to Start Paca Apuradita Silver Production in May 2025