Jigjidsuren Chinburen: Delivering World-Class Cancer Care Services in Mongolia www.oncodaily.com

Jigjidsuren Chinburen, Minister of Health of Mongolia, shared a post on Facebook:

“A New Chapter in Collaborative Efforts to Deliver World-Class Cancer Care Services in Mongolia

Let me share some wonderful news with all of you.

Today, our team at the National Center for Cancer Research (NCCR) met with the leadership of the National Cancer Center of the Republic of Korea (NCC). The meeting included Dr. Han Kwang-Young, the director, professor, and doctor of the NCC, to discuss the National Cancer Research Center-II project, which Mongolia plans to establish. We explored collaboration frameworks based on the NCC’s development model to jointly advance this project and elevate our long-term strategic partnership to a new level.

Our vision is to develop the National Cancer Research Center-II not just as a modern medical facility but as a comprehensive national hub that integrates:

- Advanced treatment
- Research and innovation
- Education and training
- National cancer registry
- Early detection and prevention
- Policy development
- International collaboration

South Korea stands today as a global leader in cancer care. Despite high rates of stomach cancer, the country has achieved one of the lowest mortality rates worldwide thanks to its national early detection programs and high-quality treatment systems. Additionally, South Korea ranks among the top countries globally for five-year survival rates in colorectal and breast cancer, a testament to the effectiveness of its healthcare model.

Mongolia aspires to learn from this success and ensure its citizens receive world-class cancer care and services at home.

The foundation of our collaboration was laid in 2012, when we signed a Memorandum of Understanding (MoU). Over the years, dozens of Mongolian doctors and specialists have trained in South Korea, and cutting-edge technologies and treatment methods have been introduced in Mongolia – strengthening the partnership between our two nations in cancer care.

Fourteen years later, we are taking this collaboration to the next level. Today, we officially agreed to sign an updated MoU on July 9, 2026, in Mongolia. This milestone will be realized during the state visit of South Korean President Yoon Suk-yeol to Mongolia, marking a new era in strategic health sector collaboration between our two countries.

This partnership is not just about expanding collaboration between our institutions – it is a historic step toward:

• Elevating Mongolia’s cancer care and treatment systems to international standards.
• Laying the groundwork for the National Cancer Research Center-II project together.

Our shared goal is clear: To ensure that every Mongolian can access world-class cancer diagnosis, early detection, and cutting-edge treatment within their own country. Together, we are committed to making this vision a reality.

Silver Elephant Leases Ulaan Ovoo Coal Mine in Mongolia to Major Mining and Industrial Conglomerate www.newsfilecorp.com

Vancouver, British Columbia (Newsfile Corp. - July 6, 2026) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") is pleased to announce that the Company's wholly owned Mongolian subsidiary has executed a lease agreement (the "Lease") with an arms-length major Mongolian mining and industrial conglomerate (the "Lessee"). Under the Lease, the Lessee will extract coal from Silver Elephant's Ulaan Ovoo coal mine ("Ulaan Ovoo") and pay the Company a royalty of US$2 for every tonne of coal removed from the Ulaan Ovoo coal mine site during the first two years of the Lease. The royalty increases to US$3 per tonne from January 1, 2028. The Lessee intends to blend thermal coal produced from Ulaan Ovoo, which has historically exhibited low ash and sulphur content, with its higher-rank coking coal for sale to a variety of international and domestic customers, including steel mills in China, Mongolia's cement plants, metallurgical plants, metals concentrate and smelter operations, and heat and electric plants. The Ulaan Ovoo coal mine is subject to an underlying royalty in favor of Oracle Commodity Holding Corp. as reported in the Company's news release dated August 29, 2025.

About the Lease

The Lessee has paid Silver Elephant US$300,000 in cash as a non-refundable advance royalty fee on Lease signing and is preparing, at its own and sole expense, to operate the Ulaan Ovoo coal mine and associated infrastructure with its own equipment, supplies, housing and crew. The Lessee will pay all government taxes and royalties related to its mining operation at Ulaan Ovoo.

The Lease expires on December 31, 2031, unless terminated earlier in accordance with the Lease terms, and may be extended with the mutual consent of the parties. A non-refundable annual advance royalty fee of US$200,000 is payable by the Lessee after the 1st year of the Lease.

Each annual advance royalty fee is credited towards the Lessee's royalty obligations for the corresponding year. Based on the Lessee's internal sales forecast, the Lessee expects annual coal production from Ulaan Ovoo to range between 300,000 and 1,000,000 tonnes. Silver Elephant retains full oversight of Ulaan Ovoo coal mining operations, including site access rights and owner-operated weighbridge verification of all coal transport volumes.

About Ulaan Ovoo Coal Mine

Ulaan Ovoo is located in northern Mongolia, 120 km by paved road from Mongolia's Sukhbaatar railway station, which connects to the Trans-Siberian railway network. Historical production from Ulaan Ovoo totals approximately 1,000,000 tonnes of coal since 2012, which has been sold to international and Mongolian customers.

Historical mining operations at Ulaan Ovoo have achieved an average strip ratio of approximately 1.8 bank cubic meters of waste per tonne of coal. Historical production has yielded coal averaging approximately 5,000 kcal/kg gross calorific value, with sulphur content of less than 1% and ash content of approximately 8%, characteristics that are generally suitable for power generation, cement production and industrial heat boiler applications. According to the 2010 NI 43-101 Prefeasibility Study prepared by Wardrop Engineering (Tetra Tech), the Ulaan Ovoo Project contains an estimated 174 Mt of Measured Coal Resources and 34 Mt of Indicated Coal Resources.

Qualified Person

The technical content of this news release has been prepared under the supervision of Carlos Zamora, a member of the American Institute of Professional Geologists (AIPG) and a Certified Professional Geologist (CPG) since 2024, who is an employee of the Company and is not considered independent. Mr. Zamora is a qualified person as defined by National Instrument 43-101. The Qualified Person has reviewed and verified the data disclosed herein, including sampling, analytical and test data, and considers it to be reliable for the purposes of this disclosure.

About Silver Elephant Mining Corp.

Silver Elephant is a mineral exploration company that optioned the Robinson-Lasher zinc-germanium-gallium project in Kentucky located near a proposed US$7.4 billion smelter. The Company also operates the Apuradita silver project in Bolivia.

Further information on Silver Elephant can be found at www.silverelef.com.

SILVER ELEPHANT MINING CORP.
ON BEHALF OF THE BOARD

"John Lee"
CEO and Executive Chairman

For more information about Silver Elephant, please contact Investor Relations:
+1.604.569.3661
info@silverelef.com
www.silverelef.com

FORWARD-LOOKING INFORMATION

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Such forward-looking information, which reflects management's expectations regarding Silver Elephant's future growth, results of operations, performance, business prospects and opportunities, is based on certain factors and assumptions and involves known and unknown risks and uncertainties which may cause the actual results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by such forward-looking information.

Forward-looking statements involve significant risks and uncertainties, and should not be read as guarantees of future performance, events or results, and may not be indicative of whether such events or results will actually be achieved. A number of risks and other factors could cause actual results to differ materially from expected results discussed in the forward-looking statements, including but not limited to: market conditions; changes in business plans; ability to secure sufficient financing to advance the Company's mining projects; and general economic conditions. Additional risk factors about the Company are set out in its latest annual and interim management's discussion and analysis and annual information form available under the Company's profile on SEDAR+ at www.sedarplus.ca.

Forward-looking information is based on reasonable assumptions by management as of the date of this news release, and there can be no assurance that actual results will be consistent with any forward-looking information included herein. Readers are cautioned that all forward-looking statements in this news release are made as of the date of this news release. The Company undertakes no obligation to update or revise any forward-looking information in this news release to reflect circumstances or events that occur after the date of this news release, except as required by applicable securities laws.

Source: Silver Elephant Mining Corp.

Eurasian Economic Commission, Mongolia Discuss Interim Trade Agreement Protocols www.russiaspivottoasia.com

Mikhail Cherekaev, the deputy director of the trade policy department of the Eurasian Economic Commission, took part in the ‘Financial and Trade Cooperation Instruments for Mongolia and Eurasia Cooperation’ session of the Mongolia to Eurasia Strategic Dialogue last Friday (July 3).

Questions regarding the development and deepening of trade and economic cooperation between the countries of the Eurasian Economic Union and Mongolia after the entry into force of the Interim Trade Agreement were discussed. Representatives of business circles of the states of the Eurasian Economic Union, Mongolia, and the National Chamber of Commerce and Industry of Mongolia, as well as invited experts, took part in the event.

Cherekaev informed the participants of the meeting about the benefits created by the Interim Trade Agreement, as well as about the activities carried out by the parties to the agreement to unlock the potential of trade between the countries of the Eurasian Economic Union and Mongolia.

He said that “We aim to ensure that the implementation of the Interim Trade Agreement with Mongolia is carried out effectively from the first day of its entry into force. In this regard, we conduct relevant work both within the Eurasian Economic Union and in cooperation with the Mongolian side. We have already agreed on holding specific activities and intend to implement a number of projects in various areas of cooperation.”

The Interim Trade Agreement will enter into force on 22 July. From the moment the Agreement enters into force, customs duties will be zeroed or reduced for each party in respect of 367 commodity subheadings. The agreement is concluded for 3 years with the possibility of automatic extension of validity for another three-year period.

Parliament approves historic revisions to Mongolia's family law www.gogo.mn

The Parliament of Mongolia has officially approved comprehensive revisions to the Law on Family and the Law on Family Court Proceedings, marking the first fundamental update to the legislation in 27 years. With overwhelming majority support from parliament members, the passage of these sweeping reforms resolves a decade-long legislative deadlock following multiple failed attempts to update the law in 2014, 2018, 2019, and 2023.

Since its original enactment in 1999, the outdated Family Law has struggled to adequately address the complexities of modern domestic relations, frequently leaving vulnerable demographics, particularly women and children, without sufficient legal protection. Recognizing these prolonged difficulties, lawmakers prioritized the current revisions to elevate Mongolia's family legal framework to international standards. The comprehensive updates are scheduled to take full effect by November 2025.

The newly adopted legislation firmly establishes the rights and best interests of the child as the core principle of all family relations. It introduces a wide array of modernized legal protections, including a unified methodology for determining child support, stricter penalties for payment evasion, and clearer regulations regarding divorce, cohabitation property, and marriage contracts. Furthermore, the law establishes formal premarital education, protects national genealogical records, and legally recognizes assisted reproductive technologies, ensuring a robust, contemporary legal system for all Mongolian families.

By E.Oyun-Erdene

55 Countries to Celebrate World Horse Day According to Their Traditions www.montsame.mn

For the first time, Mongolia is preparing to widely celebrate "World Horse Day" on an international scale.

At the plenary meeting of the 79th session of the United Nations General Assembly on June 3, 2025, the resolution on "World Horse Day," initiated by President of Mongolia Khurelsukh Ukhnaa, was discussed and adopted. Consequently, the international decision to observe July 11 of every year as "World Horse Day" serves as a clear expression of global recognition for the cultural heritage of Mongolian nomads and the invaluable contribution of horses to human development.

This year, 55 countries will celebrate World Horse Day in accordance with their own unique customs and traditions. It is of special significance that Mongolia is celebrating this historic international event as its primary hub.

The celebration will feature large-scale international events that bring together national heritage, equestrian sports, equine culture, and the arts in one place.

the World Horse Day events will be held at Khui Doloon Khudag on July 10-13.

ADB, Golomt Bank Sign $64m Loan to Expand Green Finance, MSME Lending in Mongolia www.crowdfundinsider.com

The Asian Development Bank (ADB) and Golomt Bank have signed a $64 million loan agreement to expand sustainable finance and increase lending to micro, small, and medium-sized enterprises (MSMEs), including women-owned businesses, in Mongolia.

The financing package comprises $60 million from ADB’s ordinary capital resources and $4 million in concessional funding from the Canadian Climate and Nature Fund for the Private Sector in Asia.

The project aims to support sustainable growth and financial inclusion while addressing Mongolia’s financing gaps in sectors critical to climate resilience and emissions reduction, including energy, agriculture, forestry, and water.

“This project underscores ADB’s commitment to advancing sustainable growth and financial inclusion in Mongolia,” said Chandra Mohan Arora. “By partnering with Golomt Bank, we aim to make financial services more accessible, improve productivity, increase income, and contribute to economic diversification.”

According to ADB, Mongolia continues to face severe environmental challenges, including frequent shocks caused by extreme weather events.

Although the country has made progress in establishing sustainable finance frameworks, substantial financing gaps remain across priority sectors.

The project will finance investments supporting energy efficiency in industry and housing, eco-tourism, and waste management as Mongolia transitions toward a more environmentally sustainable economy.

By leveraging concessional financing, the initiative is also expected to help Golomt Bank expand operations in underdeveloped adaptation finance segments.

Beyond climate-related investments, the facility will broaden access to finance for underserved populations, strengthen institutional capacity, and support programs for women entrepreneurs, including initiatives designed to protect women and girls in the workplace.

“With ADB and CANPA’s support, Golomt Bank is pleased to introduce a pioneering and impact-driven financing solution alongside our existing green loan products,” said Odonbaatar Amarzaya.

He said the financing would enable the bank to provide more affordable funding to households and businesses, improve operations while reducing environmental impacts, and contribute to “a greener, more resilient future for Mongolia.”

Established in 2024, CANPA is an ADB-managed trust fund backed by a commitment of Can$360 million from the Government of Canada to support private-sector climate and nature-based projects across Asia and the Pacific while promoting the empowerment of women and girls.

Golomt Bank, Mongolia’s second-largest bank, operates 108 branches nationwide and held about 20% of the country’s green finance market at the end of 2025.

By Michael Wong

World Bank Appoints Delmon as Mongolia Country Manager www.miragenews.com

The World Bank Group today announced the appointment of Victoria Delmon as Country Manager for Mongolia, a position that unifies country-level leadership across the World Bank, IFC, and MIGA to better support public and private sector clients.

Based in Ulaanbaatar, Ms. Delmon will oversee the World Bank Group's engagement in Mongolia, supporting the country's efforts to strengthen economic diversification, attract private investment, and create more and better jobs.

"With its natural endowment, Mongolia has strong potential to unlock new private investment and build a more diversified and resilient economy," said Victoria Delmon, World Bank Group Country Manager for Mongolia. "The World Bank Group is committed to working with the government and private sector to mobilize capital, strengthen the investment climate, and support reforms that drive growth, jobs, and long-term development."

Ms. Delmon, a British national, brings over 30 years of experience in infrastructure finance, mergers and acquisitions, project structuring, and policy reform, spanning Africa, Eastern Europe, the Middle East, and Asia Pacific.

She joined the World Bank in 2006 as Senior Counsel in the Legal Vice Presidency in Washington, D.C. and later joined the Water Global Practice. In 2020, she joined IFC as Manager, Upstream and Advisory, Infrastructure, Asia Pacific, based in Singapore. In this role, she led a team focused on origination, market creation, and developing bankable infrastructure projects across the region, including in Mongolia.

Earlier in her career, Ms. Delmon worked at the international law firm Freshfields Bruckhaus Deringer in London, and served as international counsel at the utility company Veolia Environnement. She is co-editor of the book "International Project Finance and PPPs" and has co-authored publications on private participation in infrastructure, incentive-based regulation, and commercial finance.

Ms. Delmon holds an MA in Law from University of Oxford, United Kingdom.

By World Bank

President of the Republic of Korea to Pay State Visit to Mongolia www.montsame.mn

At the invitation of President Khurelsukh Ukhnaa, President of the Republic of Korea Lee Jae Myung will pay a state visit to Mongolia from July 9 to 11, accompanied by First Lady Kim Hea Kyung.

According to the Office of the President of Mongolia, the visit will mark the first state visit by a South Korean president to Mongolia in 15 years, following the previous visit in 2011.

During the visit, President Khurelsukh and President Lee will hold official talks on expanding and strengthening the two countries' Strategic Partnership, deepening economic cooperation, and enhancing collaboration on regional and international arena.

The two sides are also expected to sign a number of intergovernmental and interagency agreements aimed at broadening bilateral relations and cooperation.

President Lee and First Lady Kim will attend the opening ceremony of Mongolia's National Naadam Festival as honored guests.

Mongolia and the Republic of Korea established diplomatic relations on March 26, 1990. The Republic of Korea opened its embassy in Ulaanbaatar later that year, while Mongolia established its embassy in Seoul in 1991.

Bilateral ties have steadily deepened over the past two decades, with the two countries elevating their relationship to a Good Neighborly Friendship and Cooperation Partnership in 2006, a Comprehensive Partnership in 2011, and a Strategic Partnership in 2021.

World Bank Names New Director for China, Mongolia, Korea www.miragenews.com/

-The World Bank has appointed Tatiana Rosito, a Brazilian national, as its new Division Director for China, Mongolia and Korea, effective July 1, 2026, based in Beijing.

Ms. Rosito brings 30 years of experience in international economic affairs, diplomacy, development finance, and business leadership, with a distinguished career spanning government, multilateral institutions, and global corporations.

Before joining the World Bank Group (WBG), she served as Vice Minister at Brazil's Ministry of Finance, where she led international development and finance cooperation, including engagement with multilateral development banks and climate funds. She also served as the G20 Finance Track Deputy during Brazil's G20 Presidency in 2024, BRICS Finance Deputy in 2025, and steered the Circle of Finance Ministers for COP30.

Ms. Rosito also brings deep regional expertise, having lived, worked, studied and traveled in China and Asia for over twelve years, including during her posting to the Embassies of Brazil in Beijing and Singapore. She was a co-founder of the Asia/China Program at the Brazilian Center for International Relations (CEBRI) and served on the Consultative Committee of the Brazil-China Business Council. She holds a degree in Economics with honors from the Federal University of Rio de Janeiro (UFRJ), a Master's in International Development from the Harvard Kennedy School, and a Master's in Business Administration from INSEAD and Tsinghua University.

"I am deeply honored to join the World Bank Group and return to this region," said Ms. Rosito. "The World Bank's partnerships in China, Mongolia, and Korea are critical to advancing the jobs agenda, promoting global knowledge sharing, and addressing global challenges. I look forward to working closely with governments, development partners, and stakeholders across the region to advance shared development priorities."

Over more than four decades, the WBG has supported China's development through financing, knowledge, and capacity building. China has made significant development advances over the past several decades and is reaching a new phase in its relationship with the WBG, reflecting that reality. With financing evolving in line with China's development trajectory, the partnership is increasingly centered on knowledge, innovation, and addressing shared global challenges - including through initiatives such as the establishment of the China-WBG Global Center for Ecological Systems and Transitions (CWGC).

Over the past three decades, the WBG's engagement with Mongolia has supported the country's development objectives and strategic reforms through development financing, analytical work, and advisory services. The current Country Partnership Framework for Mongolia aims to help the country navigate short term challenges while working toward a more sustainable, inclusive, and resilient growth over the longer term, with a focus on job creation and climate resilience.

The WBG's partnership with the Republic of Korea reflects the country's remarkable transformation from an aid recipient to a high-income economy. Today, the WBG Korea Office serves a global center for innovation and technology for sustainable development, turning Korea's development journey into a resource for the world. Through trust funds and targeted programs, the partnership channels Korean expertise, innovation, and resources to client countries, helping drive sustainable prosperity worldwide.

Canada Expands Air Agreement With Mongolia, Enabling First Direct Flights www.travelpulse.ca

Canada and Mongolia have expanded their bilateral air transport agreement, paving the way for the first direct flights between the two countries.

The announcement was made by the Honourable Steven MacKinnon, Minister of Transport and Leader of the Government in the House of Commons.

Under the expanded agreement, airlines from each country will be permitted to operate up to three weekly passenger-combination flights.

The expanded agreement marks the first time direct air service between Canada and Mongolia will be permitted.

"Mongolia is an emerging market and I'm pleased to see this expanded air transport agreement, which will unlock exciting new opportunities for travellers and businesses in both our countries," said MacKinnon.

The original Canada-Mongolia Air Transport Agreement was signed in 2018. This is the first time it has been expanded.

Canada currently has air transport agreements or arrangements covering more than 125 countries as part of its ongoing efforts to increase international connectivity.