Silver Elephant Mining Corp. reported gallium and indium assay results from the selected drill core at its Pulacayo-Paca silver- lead-zinc project (Pulacayo-Paca Project) in Potosi department, Bolivia. The results show extensive occurrences of gallium and indium in the assayed samples over a strike-length of approximately 750 meters that appear to be correlated to zinc. The company is highly encouraged by the gallium and indium results and will continue to evaluate this potential.

These elements could add significant value to any final concentrate produced from mining and processing activities. A total of 199 core samples from 12 diamond drill holes were collected from the Pulacayo-Paca project and submitted to ALS Laboratory in Bolivia to assay for gallium and indium. The samples were selected because of their proximity to drill holes PUD 028, PUD 029, PUD 030 and PUD 031, whose samples were assayed by the previous operator for gallium and indium.

Results from those drill holes included 99 meters of 27.8 g/t gallium and 9.7 g/t indium. The drill holes reported in the following tables were previously assayed for silver, lead and zinc only. It should be noted that only selected intervals were assayed for gallium and indium in this initial discovery test.