Tuesday, June 12, 2018

Investorideas.com Newswire - #Mining News: #SilverCrest (TSXV: $SIL.V; OTCQX: $SVCMF) Intercepts 1.8 Metres @ 2,350 gpt AgEq in Granaditas Vein; Delineates High-Grade Footprint Averaging 1.5 Metres @ 1,022 gpt AgEq

Investorideas.com Newswire - #Mining News: #SilverCrest (TSXV: $SIL.V; OTCQX: $SVCMF) Intercepts 1.8 Metres @ 2,350 gpt AgEq in Granaditas Vein; Delineates High-Grade Footprint Averaging 1.5 Metres @ 1,022 gpt AgEq





SilverCrest Metals Inc. (TSXV:
SIL.V
OTCQX: SVCMF) ("SilverCrest" or the "Company") is pleased to
announce new drill results for the Granaditas Vein and initial delineation of
its high-grade footprint on the Las Chispas Property (the "Property")
located in Sonora, Mexico. The Company first drilled two holes in the
Granaditas Vein in 2017 (see news release dated October 19, 2017) and
re-commenced drilling of this vein in early 2018. The compilation of these new
drill holes outlines the high-grade footprint (see attached Figures). This vein
is parallel to the Babicanora and Babicanora Norte veins and is approximately
400 metres southeast of Area 51, which is the highest-grade mineralized area of
the Babicanora Vein having average resource grades greater than 1,000 grams per
tonne ("gpt") silver equivalent ("AgEq", defined below).
There are 23 known epithermal veins on the Property, including 11 which have
drill-intersected high-grade mineralization and consist of the Babicanora,
Babicanora Footwall, Babicanora Norte, Las Chispas, Giovanni including La
Blanquita, William Tell, Varela, Granaditas, Luigi and Amethyst veins. Five of
the 23 veins have been included in the maiden resource (refer to
"Technical Report and Mineral Resource Estimate for the Las Chispas
Property, Sonora, Mexico", effective February 12, 2018 and amended May 9,
2018).

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