SilverCrest Metals Inc. ($SIL.V) Team Does it Again: First Drill Hole Results From Las Chispas; Multiple Drill Intercepts of Greater Than 2,000 gpt AgEq*

SilverCrest Metals Inc. ($SIL.V) Team Does it Again: First Drill Hole Results From Las Chispas; Multiple Drill Intercepts of Greater Than 2,000 gpt AgEq*

Point Roberts, WA, Delta BC – August 4, 2016 – Investorideas.com, a global news source and investor resource covering actively traded sectors including mining stocks , issues an update on featured mining company, SilverCrest Metals Inc. (TSXV: $SIL.V; OTC: SVCMF).

Earlier this week the company updated shareholders with first drill hole results from Las Chispas.

The stock is trading today at $3.24, up 0.55(20.45%) on over 244,000 shares, with a high of $3.25.

Read this release in full at http://www.investorideas.com/CO/SILV/news/2016/08041.asp

News: SilverCrest Metals Inc. (TSXV: $SIL.V) ("SilverCrest" or the "Company") announced the first drill hole results at its Las Chispas Project ("Las Chispas") located in Sonora State, Mexico . Las Chispas is in a historic silver-gold mining district which presently hosts two nearby precious metal producers. Historic information indicates that only three veins, the Las Chispas, William Tell and Babicanora, of the fourteen historically reported veins at Las Chispas had documented production, between 1880 and 1930. SilverCrest's initial focus is on these three veins. To the Company's knowledge, none of the known veins have been drilled prior to the Company's current campaign. For more information, please refer to our website at www.silvercrestmetals.com.

N. Eric Fier, CPG, P.Eng, President & CEO remarked, "The initial Las Chispas drill hole results received to date are impressive. Not only do they indicate bonanza grades of up to*** 18.55 gpt Au and 2,460 gpt Ag or 3,851.3 gpt AgEq*, but also show mineralized widths up to 7.2 metres in estimated true thickness. These first results have exceeded our expectations and appear to confirm that historic mining completed in the early 1900's has left behind substantial unexplored, unmined and easily accessible high grade mineralization. Until now, we have only been guided by what we could access from the estimated 11.5 kilometres of historic underground workings with approximate mined widths of 1 to 3 metres. Our drilling adjacent to historic workings now suggests that 1 to 3 metres may be the minimum widths of the Las Chispas vein. By combining our recent underground sampling and new drill results for the first of several veins to be explored, we have begun to discover the hidden potential of this district-wide play. This news release is the first of a series of releases on Phase I drill results and other activities to be announced over the next several weeks."

The most significant core drilling results for this release are 4.6 metres wide grading 4.56 grams per tonne ("gpt") gold ("Au") and 621.5 gpt silver ("Ag"), or 963.2 gpt silver equivalent ("AgEq"* uncut, undiluted, see attached Figure) including 0.8 metres grading 3,851.3 gpt AgEq (see attached Photo) in hole LC16-05. Also noteworthy is 7.2 metres wide grading 2.41 gpt Au and 311.5 gpt Ag, or 492.5 gpt AgEq* in hole LC16-08.

Full News:
http://www.investorideas.com/CO/SILV/news/2016/08021.asp

In April this year, Investorideas.com interviewed N. Eric Fier, CPG, P.Eng and President, CEO, Director of SilverCrest Metals and how his team was going to recreate the previous success of SilverCrest Mines Inc. Eric talked about their focus on Mexico properties in both past and current ventures, SilverCrest Mines Inc and SilverCrest Metals and gives insight on why Mexico is a recipe for success for his team. 

Video: Published on Apr 6, 2016 

Investorideas.com interview with N. Eric Fier, CPG, P.Eng and President, CEO, Director of SilverCrest Metals. (TSXV: SIL.V; OTC: SVCMF).

https://www.youtube.com/watch?v=_BZVE6jTk8I

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SilverCrest (TSXV: $SIL.V) Announces First Drill Hole Results From Las Chispas; Multiple Drill Intercepts of Greater Than 2,000 gpt AgEq*

SilverCrest (TSXV: $SIL.V) Announces First Drill Hole Results From Las Chispas; Multiple Drill Intercepts of Greater Than 2,000 gpt AgEq*

VANCOUVER, BC – August 02, 2016 (Investorideas.com Newswire) - SilverCrest Metals Inc. (TSXV: $SIL.V) (“SilverCrest” or the “Company”) is pleased to announce the first drill hole results at its Las Chispas Project (“Las Chispas”) located in Sonora State, Mexico. Las Chispas is in a historic silver-gold mining district which presently hosts two nearby precious metal producers. Historic information indicates that only three veins, the Las Chispas, William Tell and Babicanora, of the fourteen historically reported veins at Las Chispas had documented production, between 1880 and 1930. SilverCrest’s initial focus is on these three veins. To the Company’s knowledge, none of the known veins have been drilled prior to the Company's current campaign. For more information, please refer to our website at www.silvercrestmetals.com. 

N. Eric Fier, CPG, P.Eng, President & CEO remarked, “The initial Las Chispas drill hole results received to date are impressive. Not only do they indicate bonanza grades of up to*** 18.55 gpt Au and 2,460 gpt Ag or 3,851.3 gpt AgEq*, but also show mineralized widths up to 7.2 metres in estimated true thickness. These first results have exceeded our expectations and appear to confirm that historic mining completed in the early 1900’s has left behind substantial unexplored, unmined and easily accessible high grade mineralization. Until now, we have only been guided by what we could access from the estimated 11.5 kilometres of historic underground workings with approximate mined widths of 1 to 3 metres. Our drilling adjacent to historic workings now suggests that 1 to 3 metres may be the minimum widths of the Las Chispas vein. By combining our recent underground sampling and new drill results for the first of several veins to be explored, we have begun to discover the hidden potential of this district-wide play. This news release is the first of a series of releases on Phase I drill results and other activities to be announced over the next several weeks.” 

The most significant core drilling results for this release are 4.6 metres wide grading 4.56 grams per tonne (“gpt”) gold (“Au”) and 621.5 gpt silver (“Ag”), or 963.2 gpt silver equivalent (“AgEq”* uncut, undiluted, see attached Figure) including 0.8 metres grading 3,851.3 gpt AgEq (see attached Photo) in hole LC16-05. Also noteworthy is 7.2 metres wide grading 2.41 gpt Au and 311.5 gpt Ag, or 492.5 gpt AgEq* in hole LC16-08.

The following table summarizes the most significant drill assay results (uncut, undiluted) for the Las Chispas vein only;

Hole No.	From (m)	To (m)	Drilled Thickness (m)	Est. True Thickness (m)**	Au gpt	Ag gpt	AgEq* gpt
LC16-05	149.0	150.0	1.0	0.9	2.10	226.0	383.5
	167.0	172.0	5.0	4.6	4.56	621.5	963.2
includes	171.0	172.0	1.0	0.8	18.55	2,460.0	3,851.3
LC16-06	66.0	67.0	1.0	0.7	14.90	1,815.0	2,932.5
LC16-07	144.0	145.0	1.0	0.7	1.73	164.0	293.8
LC16-08	143.0	145.0	2.0	1.4	1.58	163.5	282.5
	171.0	182.0	11.0	7.2	2.41	311.5	492.5
includes	171.0	176.0	5.0	3.3	2.25	276.3	444.8
includes	181.0	182.0	1.0	0.7	14.40	1,900.0	2,980.0
LC16-11	95.0	96.0	1.0	0.9	1.32	198.0	297.0
	108.0	110.0	2.0	1.6	1.30	152.6	251.8

Note: all numbers are rounded.

*AgEq based on 75 (Ag):1 (Au) and 100% metallurgical recovery.

** All holes were driled at apparent angles to mineralization and adjusted for true thickness. Las Chispas Main Vein in bold. 

*** Drill hole grade intercepts range from 1.3 gpt Au and 152.6 gpt Ag to 18.55 gpt Au and 2,460 gpt Ag with a weighted average grade of 3.52 gpt Au and 454.8 gpt Ag.

                             

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

All drill holes have intercepted quartz stockwork veinlets, veining and/or breccia. No underground workings have been intercepted while drilling the Las Chispas vein.

Drill hole LC16-01 intersected the Las Chispas Vein (outside the potentially identified high grade corridor) with grades less than the initially established cutoff of greater than 150 gpt AgEq*. Holes 2, 3 and 4 were drilled exclusively into the adjacent parallel William Tell Vein and will be reported separately. Holes 9 and 10 intercepted quartz stockwork including anomalous but low gold and silver values. Holes LC16-12 to 19 are pending final results, some of which are William Tell intercepts only, and will be reported once all assays are received and compiled.

For comparison purposes, hole LC16-05 intercepted 4.6 metres wide at 4.56 gpt gold and 621.5 gpt silver, or 963.2 gpt AgEq of breccia near the previously announced underground channel sampling result (see new release dated July 19, 2016) of 8 metres in vein strike length, 1 metre wide, and grading 1163.0 gpt AgEq, also in breccia.  By comparison, the mineralized drill intercept is 2.5 metres wider than the accessible historic workings and the Company’s average underground sample widths.

Drill holes LC16-05, 08, and 11 intercepted a new continuous vein (unnamed) which appears to be parallel to the nearby Las Chispas Main Vein. This new discovery suggests additional potential for further exploration work with a three hole drill-intercept, weighted average of 1.3 metres grading 1.32 gpt Au, 152.6 gpt Ag or 251.8 gpt AgEq.    

The Company is completing its expanded Phase I surface drill program having drilled 22 core holes totalling approximately 6,300 metres to date. Nineteen holes have been drilled in the Las Chispas and William Tell veins, and three holes in the adjacent Babicanora (La Victoria) area. Based on positive Phase I surface drilling results, the Company is planning a Phase II surface drill program for the fall of 2016. 

With permitting near completion, the planned 2,000 metre underground drill program should commence in late Q3 or early Q4 2016. The underground drill program will focus on delineation of a potential bulk sample, infill and expansion drilling, and drilling to depth in preparation for the initial Las Chispas resource estimation.

Read this release in full at http://www.investorideas.com/CO/SILV/news/2016/08021.asp

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 President 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 is led by a proven management team in all aspects of the precious metal mining sector, including the pioneering of a responsible “phased approach” business model taking projects through discovery, finance, on time and on budget construction, and production with subsequent increased value to shareholders.  

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 Project, including initial extraction program for bulk sample testing and preparation of an initial 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 Project. 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
President & CEO
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.

SOURCE SilverCrest Metals Inc.

Contact:

SilverCrest Metals Inc.

Fred Cooper, Investor Relations

Telephone: +1 (604) 694-1730
Fax: +1 (604) 694-1761
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

Visit this Company: http://www.silvercrestmetals.com

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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: SilverCrest Metals is an annual publishing client of Investorideas.com, publishing news, video and social media.

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.

NXT-ID (NASDAQ: $NXTD) Awarded US Patent on the UN-Password™

NXT-ID (NASDAQ: $NXTD) Awarded US Patent on the UN-Password™

MELBOURNE, Florida - August 2, 2016 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ:NXTD) (NXTDW) ("NXT-ID" or the "Company"), a company focused on the growing mobile commerce market announces the issuance of patent number 9407619 by the USPTO for risk aware end to end multi-factor authentication.

Gino Pereira, Chief Executive Officer of the Company, said "This is a significant patent for our Company strengthening our core technology in secure information exchange. We intend to implement this authentication and security capability with the WorldVentures smart card, as well as other non-smart card related product ventures under development."

This invention relates to a method and system for authentication and securing data exchanged between two devices without sharing keys or other information that could be hacked. A first device needs to authenticate a second device, before exchanging any information with the second device. In this case the first and second devices can be a mobile phone, a smart card, a computer operating over the internet, a server or a software application not resident on the computer.

To approve the second device, the first device (the authenticator in this case) gathers data from the second device to authenticate the later. A combined authentication score will be generated by the first device based on these historical information exchanges. An encryption key is then generated by the first device and it is used to encrypt that combined authentication score to yield a new dynamic pairing code. Both the first and second devices can decrypt the new dynamic pairing code.

Location data, user behavior, transactions and biometrics are examples of identifiers that may be used to authenticate devices.

Rather than blindly trusting a certificate from a third party certificate authority, as is commonly done today, secure transactions can be now be done with dynamic pairing codes on a transaction by transaction basis.

Read this release in full at http://www.investorideas.com/CO/NXT/news/2016/08021.asp

About NXT- ID Inc. - Mobile Security for a Mobile World

NXT-ID is an emerging growth technology company that is focused on products, solutions, and services for security on mobile devices. Our core technologies consist of those that support digital payments, biometric identification, encryption, sensors, and miniaturization. We have three distinct lines of business that we are currently pursuing: mobile commerce, primarily through the application of secure digital payment technologies; biometric access control applications, and Department of Defense contracting. Our initial efforts have primarily focused on the development of our secure products for the growing m-commerce market, most immediately, a secure mobile electronic smart wallet, the Wocket®. The Wocket® is a smart wallet, designed to protect your identity. http://nxt-id.com/, http://wocketwallet.com/.

Product images are available for media at: http://press.nxt-id.com

Forward-Looking Statements for NXT-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

NXT- ID Inc Contact:

Corporate info: info@nxt-id.com

Media:

D. Van Zant
+1-800-665-0411
press@nxt-id.com

Visit this company: nxt-id.com; 3d-id.net; wocketwallet.com/

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