Silver Elephant Mining Corp. announced that it has commenced a 1,500 meter drilling program on its El Triunfo Gold-Silver Project, located approximately 75 kilometers east of La Paz, Bolivia. The program will probe several prospective induced polarisation (IP) geophysical anomalies detected in late 2021 (Triunfo East).

The IP anomalies are coincident with surface Au-Ag mineralization that was observed during a geological mapping field program in early 2021. The drilling program is a follow-up to the Company's maiden drill program in 2020 where three of the four wide-spaced diamond drill holes intercepted mineralization, starting from surface across a 750 meter mineralized trend ("Triunfo West"). Triunfo West is where artisanal mining and all prior drilling had occurred, including TR007, which encountered 98.9 meters of 1 g/t AuEq (0.4g/t Au, 23 g/t Ag, 0.74% Zn, 0.58% Pb).

Triunfo East, the primary focus of the Company's current drill campaign, is a 2.2 kilometer extension to Triunfo West, and is separated by a fault that resulted in this area being overlooked and unexplored until now. Triunfo East has never been mined or drilled and has returned high-grade gold surface samples, which bears similar geological traits as Triunfo West.