Tuesday, April 17, 2018

#Mining News: #SilverCrest (TSXV: $SIL.V; OTCQX: $SVCMF) Delineates 10th High-Grade Vein at Las Chispas; Multiple High-Grades Intercepted


#Mining News: #SilverCrest (TSXV: $SIL.V; OTCQX: $SVCMF) Delineates 10th High-Grade Vein at Las Chispas; Multiple High-Grades Intercepted



Vancouver, BC - April 17, 2018 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSXV: SIL.VOTCQX: SVCMF) ("SilverCrest" or the "Company") is pleased to announce drill results from the Luigi Vein on the Las Chispas Property (the "Property") located in Sonora, Mexico. SilverCrest discovered the Luigi Vein in the footwall of the Las Chispas Vein in mid-2017 but it remained un-named until the Company completed enough drilling to delineate an actual mineral vein. Several of the announced holes in this release were previously disclosed as an un-named vein. There are 23 known epithermal veins on the Property. The Company has tested ten (10) of these 23 veins (the Babicanora, Babicanora Footwall, Las Chispas, Giovanni, La Blanquita, William Tell, Varela, Granaditas, Luigi and Amethyst veins), all of which have drill-intersected high-grade mineralization. The Luigi Vein was not included in the recently announced maiden resource (refer to the Company's news release dated February 26, 2018).


N. Eric Fier, CPG, P.Eng and CEO, remarked, "With the addition of the Luigi Vein, we continue to grow our portfolio of high-grade mineralized veins and are beginning to understand the "nature of multiples" when it comes to projecting high-grade previous drill-intercepts in adjacent veins on to new discoveries. This is the tenth high-grade vein we have delineated in the district, which is immediately adjacent to the Las Chispas Vein and accessible by underground workings. The Luigi Vein is named after Luigi Pedrazzini, son of Giovanni Pedrazzini the founder of Minas Pedrazzini Gold and Silver Mining Company which operated at the Property from the late 1800s to 1930. We plan to further drill test the Luigi Vein during H1 2018 and include the results in the proposed updated resources in Q3 2018."

The most significant result for this release occurred in Hole LC17-65, which intersected 1.4 metres (true width) grading 13.22 grams per tonne ("gpt") gold and 2,006.7 gpt silver, or 2,999 gpt silver equivalent ("AgEq", based on 75 (Ag):1 (Au) and 100% metallurgical recovery). Also noteworthy is Hole LC17-45 which intersected 4.1 metres grading 1.71 gpt gold and 231.8 gpt silver, or 360 gpt AgEq. The following table summarizes the most significant drill intercepts (uncut, undiluted) for the Luigi Vein:



Note: all numbers are rounded. All intercepts were previously announced as "Un-named veins" except where noted.
* AgEq based on 75 (Ag):1 (Au) and 100% metallurgical recovery.
† True thickness reinterpreted on intercept from previous news release.
§ New drill intercept.

All assays were completed by ALS Chemex in Hermosillo, Mexico, and North Vancouver, BC, Canada.

Drill hole numbering for the Luigi Vein is out of sequence and dates back several months into 2017 as the Luigi Vein was not identified as a vein until subsequent holes were drilled. None of the drill holes for the Luigi Vein are included in the Company's maiden resource previously announced on February 26, 2018. Please refer to news releases dated May 11, 2017, August 3, 2017, and November 28, 2017 for intercepts marked as "un-named" from previous announcement of drill results. Hole LCU18-25 is a new intercept for this release.

Refer to attached Figure for holes that were below the Company's 150 gpt AgEq cutoff.





The Luigi Vein high-grade footprint currently measures approximately 300 metres long by a minimum of 75 metres high by 1.7 metres in average true width, with a weighted average grade of 2.84 gpt gold and 416.6 gpt silver, or 629 gpt AgEq. The Company plans to continue drilling on this vein for potential expansion as part of its Phase III drill program.


The Phase III drill program also includes drilling several new and partially-drilled high-grade mineralized veins. An additional 15,000 to 20,000 metres of drilling are planned for Q3 2018. Other ongoing site work includes continued underground mapping and sampling on the Las Chispas Vein, drilling test wells for site water, permitting for various additional work, and review of maiden resource model for optimization and update.

In addition to exploration work at Las Chispas, other recent activities in Mexico include the option of the Guadalupe concession located in the state of Durango to another company and the purchase of the Cuestra Blanca Ranch (671.9 ha) in the Las Chispas Area. Through its Mexican subsidiary, SilverCrest now directly owns approximately two thirds of the surface rights over its Las Chispas mining concession.

The Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects for this news release is N. Eric Fier, CPG, P.Eng, and CEO for SilverCrest, who has reviewed and approved its contents.

ABOUT SilverCrest Metals INC.
SilverCrest is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company's current focus is on the high-grade, historic Las Chispas mining district in Sonora, Mexico. SilverCrest is the first company to successfully drill-test the historic Las Chispas Project resulting in numerous discoveries. The Company is led by a proven management team in all aspects of the precious metal mining sector, including taking projects through discovery, finance, on time and on budget construction, and production.

FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. These include, without limitation, statements with respect to: the strategic plans, timing and expectations for the Company's exploration, rehabilitation and drilling programs of the Las Chispas Property, including preparation of an initial resource estimate, preliminary economic assessment and updated resource estimate; information with respect to high grade areas and size of veins projected from underground sampling results and drilling results; and the accessibility of future mining at the Las Chispas Property. Such forward‑looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: the conditions in general economic and financial markets; availability of skilled labour; timing and amount of expenditures related to rehabilitation and drilling programs; and effects of regulation by governmental agencies. The actual results could differ materially from those anticipated in these forward-looking statements as a result of risk factors including: the timing and content of work programs; results of exploration activities; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project cost overruns or unanticipated costs and expenses; and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

N. Eric Fier, CPG, P.Eng
Chief Executive Officer
SilverCrest Metals Inc.

Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For Further Information:
SilverCrest Metals Inc.
Contact: Fred Cooper, Investor Relations
Telephone: +1 (604) 694-1730
Fax: +1 (604) 357-1313
Toll Free: 1-866-691-1730 (Canada & USA)
Email: info@silvercrestmetals.com
Website:
www.silvercrestmetals.com
570 Granville Street, Suite 501
Vancouver, British Columbia V6C 3P1

SilverCrest Metals Inc. (TSXV: SIL.V; OTCQX: SVCMF) is a featured company on Investorideas.com



This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: Investorideas.com is compensated by SilverCrest Metals Inc for annual news publishing effective January 2017.

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Tuesday, April 10, 2018

#Mining News: #SilverCrest (TSXV: $SIL.V; OTCQX: $SVCMF) Continues to Expand High‐Grade Footprint for Babicanora Vein; 4.0 metres at 22.83 gpt Au and 1,718.8 gpt Ag, or 3,431 gpt AgEq


#Mining News: #SilverCrest (TSXV: $SIL.V; OTCQX: $SVCMF) Continues to Expand HighGrade Footprint for Babicanora Vein; 4.0 metres at 22.83 gpt Au and 1,718.8 gpt Ag, or 3,431 gpt AgEq



Vancouver, British Columbia - April 10, 2018 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSXV: SIL.VOTCQX: SVCMF) ("SilverCrest" or the "Company") is pleased to announce its first set of Phase III drill results for the Las Chispas Property (the "Property") located in Sonora, Mexico. Step out drilling of the Babicanora Vein, including Area 51, continues to intersect highgrade mineralization (see attached Figures). There are now 23 identified epithermal veins on the Property (previously reported as 19 veins). Of the 23 veins, the Company has only drilled tested nine of these veins, which are the Babicanora, Babicanora Footwall, Las Chispas, Giovanni, La Blanquita, William Tell, Varela, Granaditas and Amethyst veins. Only five of these nine drilled tested veins have been included in the recently announced maiden resources (refer to the Company's news release dated February 26, 2018).


N. Eric Fier, CPG, P.Eng, and CEO, remarked, "Our initial Phase III drill holes in the Babicanora Vein continue to intercept high grade precious metal mineralization along a drilltested strike length of 1.5 kilometres. The drill results from the southeast extension of the Babicanora Vein, known as Area 51, show further bonanza grades1, with increased size of the highgrade footprint. For H1 2018, we will continue expansion drilling of the Babicanora Vein, initial holes into Babi Sur Vein, and additional holes into the Las Chispas, Amethyst, Granaditas and other veins. We are systematically drilling only step out expansion holes and working towards an updated resource for Q3 2018."

The most significant result for this release was returned from Hole BA1881, which intersected 4.0 metres (true width) grading

22.83 grams per tonne ("gpt") gold and 1,718.8 gpt silver or 3,341 gpt silver equivalent ("AgEq", based on 75 (Ag):1 (Au) and 100% metallurgical recovery). Also noteworthy is Hole BA1877 at 4.5 metres grading 7.96 gpt gold and 912.0 gpt silver, or 1,509 gpt AgEq.
The following table summarizes the most significant drill intercepts (uncut, undiluted) for this release:


Note: all numbers are rounded.
* AgEq based on 75 (Ag):1 (Au) and 100% metallurgical recovery.


1 The Company defines bonanza grades as grades greater than 1,000 gpt AgEq
All assays were completed by ALS Chemex in Hermosillo, Mexico, and North Vancouver, BC, Canada.

Drill holes BA1866, 67, 69, 71, 73, 76, 78, 79, and 80 intercepted anomalous mineralization, but are below the Company's 150 gpt AgEq cutoff. Holes BA1868, 70, 77, and 81 intercepted grades greater than 1,000 gpt AgEq, consisting of acanthite, argentite, electrum, native silver and visible gold. Holes BA1866, 67, and 68 were included in the Company's maiden resource estimate dated February 26, 2018. Hole BA1875 deviated and did not intercept intended target. Holes BA1867, 71, 73 and 79 showed elevated lead, zinc and copper (including precious metals) with possible transition to increased base metals to depth and southeast along the strike of the Babicanora Vein. Further core review, sampling and assaying is underway on holes southeast and to depth of Area 51 to determine boundaries for potential base metal transition. Results for this review are pending. Drill success rate for the Babicanora Vein to date is approximately 70% of intercepts in the highgrade footprint.

The Babicanora Vein highgrade footprint measures approximately 1,500 metres long by 180 metres high by 3.1 metres in average true width. Further drilling is ongoing with six surface drills and one underground drill. Area 51 now measures approximately 500 metres long by 200 metres high by 3.0 metres in average true width. To date, a total of 20 holes have now intersected the highgrade footprint of Area 51 with an average estimated grade of 10.37 gpt gold and 943.7 gpt silver, or 1,721 gpt AgEq (uncut, undiluted).

The Company commenced Phase III exploration program for further stepout drilling at the Babicanora Vein, including Area 51, and initial drilling on several other veins in the district. An additional 15,000 to 20,000 metres of drilling are planned by Q3 2018. Other ongoing site work includes continued underground mapping and sampling on the Las Chispas Vein, drilling test wells for site water, permitting work, and a review of the maiden resource model for optimization and update.

The Company's maiden resource report for the estimate announced on February 26, 2018 will be filed on SEDAR later this week.

The Qualified Person under National Instrument 43101 Standards of Disclosure for Mineral Projects for this news release is N. Eric Fier, CPG, P.Eng, and CEO for SilverCrest, who has reviewed and approved its contents.

ABOUT SilverCrest Metals INC.
SilverCrest is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company's current focus is on the high-grade, historic Las Chispas mining district in Sonora, Mexico. SilverCrest is the first company to successfully drill-test the historic Las Chispas Project resulting in numerous discoveries. The Company is led by a proven management team in all aspects of the precious metal mining sector, including taking projects through discovery, finance, on time and on budget construction, and production.

FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. These include, without limitation, statements with respect to: the strategic plans, timing and expectations for the Company's exploration, rehabilitation and drilling programs of the Las Chispas Property, including preparation of an initial resource estimate, preliminary economic assessment and updated resource estimate; information with respect to high grade areas and size of veins projected from underground sampling results and drilling results; and the accessibility of future mining at the Las Chispas Property. Such forward‑looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: the conditions in general economic and financial markets; availability of skilled labour; timing and amount of expenditures related to rehabilitation and drilling programs; and effects of regulation by governmental agencies. The actual results could differ materially from those anticipated in these forward-looking statements as a result of risk factors including: the timing and content of work programs; results of exploration activities; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project cost overruns or unanticipated costs and expenses; and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

N. Eric Fier, CPG, P.Eng
Chief Executive Officer
SilverCrest Metals Inc.

Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.






For Further Information:
SilverCrest Metals Inc.
Contact: Fred Cooper, Investor Relations
Telephone: +1 (604) 694-1730
Fax: +1 (604) 357-1313
Toll Free: 1-866-691-1730 (Canada & USA)
Email: info@silvercrestmetals.com
Website:
www.silvercrestmetals.com
570 Granville Street, Suite 501
Vancouver, British Columbia V6C 3P1

SilverCrest Metals Inc. (TSXV: SIL.V; OTCQX: SVCMF) is a featured company on Investorideas.com



This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: Investorideas.com is compensated by SilverCrest Metals Inc for annual news publishing effective January 2017.

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.










Friday, April 06, 2018

Investorideas.com - Investor Ideas Adds #Tech, #Music/ Entertainment, #Mining, Renewables & Ag Stocks; (NasdaqGM: $BOTZ), (NasdaqGS: $DBX), (NYSE: $SPOT), (TSX: $LN.TO), (Tel Aviv: APLP.TA)

Investorideas.com - Investor Ideas Adds #Tech, #Music/ Entertainment, #Mining, Renewables & Ag Stocks; (NasdaqGM: $BOTZ), (NasdaqGS: $DBX), (NYSE: $SPOT), (TSX: $LN.TO), (Tel Aviv: APLP.TA)





Point Roberts, WA, Delta BC – April 6, 2018 –
Investorideas.com, a global news source and leading investor resource covering
actively traded sectors announces this week’s additions to its
global stock directories in tech, entertainment, mining, renewables and agriculture.

Investorideas.com tracks companies in high-profile
trading sectors and makes ongoing additions to its stock directories for its
members.  Free previews of all
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The newest mining companies TSX listed

Thursday, April 05, 2018

Friday, March 09, 2018

Investor Ideas Adds New Canadian #Stocks in #Mining; (#TSX: $CAT.V), (#CSE: $USGD.C, $GGC.C) & #Biotech (TSX: $BCT.V)


Investor Ideas Adds New Canadian #Stocks in #Mining; (#TSX: $CAT.V), (#CSE: $USGD.C, $GGC.C) & #Biotech (TSX: $BCT.V)




Point Roberts, WA, Delta BC – March 9, 2018 – Investorideas.com, a global news source and leading investor resource covering actively traded sectors announces this week’s additions to its global stock directories in mining and biotech.

Investorideas.com tracks companies in high-profile trading sectors and makes ongoing additions to its stock directories for its members.  Free previews of all directories are available to the public with full login access only accessible to members.


All new mining companies are listed on Canadian Exchanges and are involved in gold or mineral exploration in both Canada and the United States.

The latest biotech company is both TSX and OTCQB listed and is involved in immuno-oncology for the management of cancer.

New Mining Companies Added:
American Pacific Mining Corp. (CSE:USGD) is a new gold explorer focused on precious metal opportunities in the Western United States. Tuscarora is a high grade, early stage gold project located in a prime precious metal district in Nevada, only 35km northeast of the Carlin trend, 20km southwest of the Jerritt Canyon deposit, and 50km east-northeast of the Midas deposit. American Pacific is Eyeing a Gold Discovery amidst gold’s next bull market.

Chimata Gold Corp. (TSX: CAT.Vengages in the acquisition and exploration of mineral properties in Canada. It has an option to earn up to 100% interest in mineral concessions located about 12 kilometers from Squamish, British Columbia. 

Generic Gold Corp.  (CSE:GGC) is a Canadian exploration company focused on gold projects in the Tintina Gold Belt of the Yukon Territory of Canada. Generic's board of directors and management team is led by experienced mining industry professionals, with expertise in exploration, finance, capital markets, and mine development.

New Biotech Companies:
BriaCell Therapeutics Corp. (TSX:BCT.V; OTCQB:BCTXF) is an immuno-oncology focused biotechnology company developing a targeted and safe approach to the management of cancer. Bria-IMT™ (SV-BR-1-GM), the Company's lead product candidate, is derived from a specific breast cancer cell line. It is genetically engineered to release granulocyte-macrophage colony-stimulating factor (GM-CSF), a substance that activates the immune system. We believe that Bria-IMT™ helps the body to recognize and kill tumor cells by activating T cells that attack the tumor and B cells that produce anti-tumor antibodies. BriaCell is also developing Bria-OTS™, an off-the-shelf personalized Immunotherapy. Bria-OTS™ consists of 14 individually pre-manufactured genetic alleles. BriaCell’s BriaDX™ companion diagnostic reveals a patient’s specific HLA-types and the 2 best matching alleles are administered to the patient. BriaCell’s 14 alleles (8 Class I and 6 Class II) cover approximately 90% of the Breast Cancer population while eliminating the complex manufacturing logistics required for other personalized immunotherapies. Bria-OTS™ is a personalized therapy without the need for personalized manufacturing. Yet another item in the BriaCell pipeline is a novel, selective protein kinase C delta (PKCĪ“) inhibitor. PKCĪ“ inhibitors have shown activity in a number of pre-clinical models of RAS genes’ transformed cancers including breast, pancreatic, non-small cell lung cancer and neuroendocrine tumors (such as carcinoid tumors).

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

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Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894.  Global investors must adhere to regulations of each country.

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Tuesday, February 27, 2018

#Mining News: #SilverCrest (TSXV: $SIL.V; OTCQX: $SVCMF) Announces Las Chispas Maiden Resource Estimate; 3.4 Million Tonnes @ 3.66 gpt Au and 297 gpt Ag or 572 gpt AgEq for 63 Million Oz AgEq


#Mining News: #SilverCrest (TSXV: $SIL.V; OTCQX: $SVCMF) Announces Las Chispas Maiden Resource Estimate; 3.4 Million Tonnes @ 3.66 gpt Au and 297 gpt Ag or 572 gpt AgEq for 63 Million Oz AgEq



Vancouver, British Columbia - February 27, 2018 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSXV: SIL.VOTCQX: SVCMF) ("SilverCrest" or the "Company") is pleased to announce that Tetra Tech Canada Inc. ("Tetra Tech") has completed its independent mineral resource estimation for the Las Chispas Property, located in Sonora, Mexico. Inferred Mineral Resources are estimated at 3.4 million tonnes grading 3.66 grams per tonne ("gpt") gold (or "Au") and 297 gpt silver (or "Ag"), or 572 gpt silver equivalent ("AgEq"; based on 75 (Ag):1 (Au) and 100% metallurgical recovery). The Inferred Resource Estimate contains 402,000 ounces gold and 32,650,000 ounces silver, or 62,800,000 ounces of AgEq, using a 150 gpt AgEq cut-off grade and minimum true vein width of 1.5 metres.


N. Eric Fier, CPG, P.Eng and CEO, remarked, "The delivery of this maiden resource estimate is a major milestone for SilverCrest Metals as we continue to systematically expand high-grade mineralization in the district and fast-track the advancement of Las Chispas. In late 2017, we were targeting a total resource number around 40 to 50 million ounces AgEq grading an estimated 500 gpt AgEq but with the recent multiple high-grade intercepts in Area 51, this target has been exceeded. Area 51 (near-surface Babicanora Vein extension) alone has an estimated 32.2 million contained AgEq ounces, grading an impressive 7.43 gpt Au and 469 gpt Ag, or 1,026 gpt AgEq and is open for potential expansion. The Area 51 resource is similar to the 1800s historic production from the adjacent Las Chispas Vein which was approximately 30 million ounce AgEq grading an estimated 15 gpt Au and 1,700 gpt Ag. With continued drilling success, the Company intends to complete an updated resource and plans to prepare a Preliminary Economic Assessment ("PEA") in H2 2018. Congratulations to our SilverCrest team, contractors, consultants and associated communities for making this impressive high-grade precious metal discovery and maiden resource possible."


Note:
1. Conforms to NI 43-101, Companion Policy 43-101CP, and the Canadian Institution of Mining, Metallurgy and Petroleum ("CIM") Definition Standards on Mineral Resources and Mineral Reserves adopted by CIM council, as amended. Inferred Resources have been estimated from geological evidence and limited sampling and must be treated with a lower level of confidence than Measured and Indicated Resources.
2. AgEq based on 75 (Ag):1 (Au) and 100% metallurgical recovery.
3. All numbers are rounded.
4. Babicanora resource includes the Babicanora Vein and Babicanora Footwall Vein, and Giovanni resource includes the La Blanquita extension and Gio-mini Vein.

The mineral resource estimate is based on the Company's Phase I and II exploration programs and is classified as an Inferred Mineral Resources based on CIM Definition Standards. The effective date for the Inferred Resource Estimate is February 12, 2018. Depending on the vein, drill sections were spaced 25 to 75 metres along strike, with intercepts on each section averaging 50 metres apart down dip. Underground channel sampling for the Las Chispas and William Tell Veins is spaced from 2 to 10 metre centres along the back (roof) and side walls for drifts and stopes depending on access. The most significant components of the data, collected and validated by SilverCrest between April 2016 to February 2018, are results from 185 drill holes (46,127 metres), 2,895 dump samples, and 7,610 underground samples (6,647 metres). A majority of the resource is in unmined areas with only the Las Chispas, William Tell and Giovanni veins being partially mined out, and voids (stopes) being accounted for in resource estimation. Surveying of the historical underground workings were completed by Precision GPS S.A. DE C.V. Details of the drill core assays, as well as surface and underground sampling results, can be found in various press releases from March 2, 2016 to January 29, 2018. The resource remains open in several directions depending on which vein is considered. A technical report prepared by Tetra Tech in accordance with National Instrument 43-101 — Standards of Disclosure for Mineral Projects ("NI 43-101") will be filed on SEDAR at www.sedar.com within 45 days.

The Las Chispas resource estimate is based on the following key assumptions; a specific gravity of 2.55 was used based on test work; veins were modelled by SilverCrest to capture mineralization grade of 150 gpt AgEq, all assays were composited to 1 metre, grade capping strategy was applied to each vein where gold values were capped at between 4.2 to 61 gpt and silver values were capped at between 462 to 4,390; a 2 metre by 2 metre by 2 metre block size was used based on geological constraints and potential future mining method; variography and ordinary kriging were used to create both gold and silver block models where possible and inverse distance squared was used in all other cases; multiple interpolation passes were conducted in areas with both underground channel samples and core drilling data, block models were classified into Inferred Resources according to appropriate criteria based on geologic constraints, sample sets, and search radii. Details of these criteria will be presented in the technical report to be filed on SEDAR.

The resource estimate is focused on an estimated 3.5 kilometres of approximately 12 known kilometres of cumulative vein strike length in the district. As planned, the Company's Phase III drilling in 2018 will focus on; (1) the Babicanora Vein, which includes Area 51, to fully test the additional known 1.5 kilometres of vein strike length; (2) of the nine veins that were drilled on, five were included in this resource, which the Company has only partially drilled tested; and (3) the ten other identified veins on the Las Chispas Property, which have not yet been drill tested. In-fill drilling will be considered later in 2018 to target the conversion of the Inferred Resource to the Indicated category. The Company intends to provide an updated resource estimate and plans to deliver a PEA in H2 2018. There is no certainty that these Inferred Mineral Resources will be converted to the Measured and Indicated categories through further drilling.

Qualified Assurance Program and Quality Control Measures ("QA/QC")
SilverCrest has implemented QA/QC protocols including insertion of duplicate, blank and standard samples in all drill holes and underground sampling. The samples were submitted directly to the ALS Chemex in Hermosillo, Mexico, for preparation and sent to ALS Chemex in North Vancouver, BC, Canada, for analysis. Additional duplicate test work has been conducted on mineralized samples to assess variability of coarse reject and pulp samples. A Tetra Tech independent qualified person visited the Las Chispas Property between August 29-September 2, 2016, January 15-19, 2017, and November 21-22, 2017. Independent sampling was completed. Tetra Tech has reviewed the QA/QC work completed by SilverCrest and believes the database is reliable for estimating Mineral Resources.

Qualified Person
The Mineral Resources for the Las Chispas Property disclosed in this news release have been estimated by P. James F. Barr, P. Geo., Senior Geologist and Team Lead — Geology for Tetra Tech Canada Inc. and independent of SilverCrest. Mr. Barr is a Qualified Person as defined in NI 43-101. The Mineral Resources have been classified in accordance with CIM Definition Standards for Mineral Resources and Mineral Reserves, adopted by CIM council, as amended. Mr. Barr has read and approved the contents of this press release as it pertains to the disclosed mineral resource estimate.

ABOUT SilverCrest Metals INC.
SilverCrest is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company's current focus is on the high-grade, historic Las Chispas mining district in Sonora, Mexico. SilverCrest is the first company to successfully drill-test the historic Las Chispas Project resulting in numerous discoveries. The Company is led by a proven management team in all aspects of the precious metal mining sector, including taking projects through discovery, finance, on time and on budget construction, and production.

FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. These include, without limitation, statements with respect to: the strategic plans, timing and expectations for the Company's exploration, rehabilitation and drilling programs of the Las Chispas Property, including preparation of an initial resource estimate, preliminary economic assessment and updated resource estimate; information with respect to high grade areas and size of veins projected from underground sampling results and drilling results; and the accessibility of future mining at the Las Chispas Property. Such forward‑looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: the conditions in general economic and financial markets; availability of skilled labour; timing and amount of expenditures related to rehabilitation and drilling programs; and effects of regulation by governmental agencies. The actual results could differ materially from those anticipated in these forward-looking statements as a result of risk factors including: the timing and content of work programs; results of exploration activities; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project cost overruns or unanticipated costs and expenses; and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

N. Eric Fier, CPG, P.Eng
Chief Executive Officer
SilverCrest Metals Inc.

Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For Further Information:
SilverCrest Metals Inc.
Contact: Fred Cooper, Investor Relations
Telephone: +1 (604) 694-1730
Fax: +1 (604) 357-1313
Toll Free: 1-866-691-1730 (Canada & USA)
Email: info@silvercrestmetals.com
Website:
www.silvercrestmetals.com
570 Granville Street, Suite 501
Vancouver, British Columbia V6C 3P1

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