Thursday, June 27, 2019

#CryptoCorner: Gopher Protocol (OTC: $GOPH) and GBT Technologies Close Agreement to Expand Financial Services, tZERO Launches Crypto App ( $OSTK)

#CryptoCorner: Gopher Protocol (OTC: $GOPH) and GBT Technologies Close Agreement to Expand Financial Services, tZERO Launches Crypto App ( $OSTK)



Point Roberts WA, Delta BC, June 27, 2019 -  Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.’s  (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and  the Genesis Exchange and Wallet  App bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

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June 27 Crypto Corner

Stocks discussed: (OTC:GOPH) (NasdaqGM:OSTK) (NasdaqGS:FB)

Gopher Protocol Inc. (OTC:GOPH) has closed an agreement with Genesis Blockchain Technologies (GBT) to potentially expand the services and geographic coverage of both companies’ financial services. GBT is a development-stage company involved in the strategic management of BPO (Business Process Outsourcing) digital communications processing for enterprises and startups; distributed ledger technology development, AI development and fintech software development and applications. According to the press release, the two companies plan to explore new markets in government work, air and space-based systems, and to form a high-performance global wireless mesh network. Doug Davis, Gopher's CEO, commented:

“…this is potentially a great step forward for Gopher to be able to expand its financial services business, which generated over $50 million in revenue in 2018, into new vertical and geographic markets while using our own technology. GBT can be an amazing partner that can give us access to broader technologies and markets, especially in Latin America, and a development team to enhance our own resources."

The crypto market saw a significant correction in the last half day or so, sliding from a market cap of $385 billion down to a low of $327 billion, according to data from CoinMarketCap. In particular Bitcoin (BTC) fell from its peak trading price for this year of about $13,800 yesterday, down to $11,747 at press time.

tZERO, a subsidiary of retailer Overstock.com (NasdaqGM:OSTK), has launched a digital wallet and crypto exchange services mobile app – tZERO Crypto App. In addition to featuring bitcoin and ethereum (ETH) trading, the app boasts tZERO’s Private Key Recovery System, which allows funds to be restored if a user loses his or her private keys or smartphone. Patrick M. Byrne, Overstock.com founder and CEO, said:

“tZERO Crypto is bringing a superb wallet into production, one with distinct advantages over other wallets currently in use. One of those is that with tZERO’s Private Key Recovery System, your digital coins are truly held by you, in your wallet, rather than on an exchange in a pot with other fungible tokens. Not only is this more secure (if your coins are held in your wallet and not on an exchange, people cannot steal your tokens by hacking an exchange), but in addition, it is more true to the cypherpunk ethos of decentralization through cryptography.”

Bloomberg reports that the Monetary Authority of Singapore (MAS), the country’s central bank, has been speaking to Facebook (NasdaqGS:FB) about the latter’s recently announced digital currency project Libra. MAS managing director Ravi Menon described concerns with Libra’s functionality as “not trivial”.

“At this point it’s not clear whether it offers a distinctly superior proposition to existing electronic payment mechanisms. We need to understand how exactly it’s going to work.”


Sam Mowers, Investorideas

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Crypto Corner Sponsors:


Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations.  https://www.fliptopay.com/





Genesis Exchange and Wallet App by Genesis Blockchain Technologies ( GBT)
@GenesisBlockch  , @GbtTechnologies
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at  http://www.mygenesis.io

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The #Hemp High Continues - Stocks to Watch (OTCQB: $SING) (TSX: $WEED.TO) (NYSE: $CGC) (TSX: $TGOD.TO) (OTC: $TGODF) (OTC: $GRNH)

The #Hemp High Continues - Stocks to Watch (OTCQB: $SING) (TSX: $WEED.TO) (NYSE: $CGC) (TSX: $TGOD.TO) (OTC: $TGODF) (OTC: $GRNH)

Point Roberts WA, Delta, BC – June 27, 2019 - Investorideas.com, a leading investor news resource covering cannabis and hemp stocks releases a sector snapshot reporting on the continued growth in the US hemp industry, with a specific focus on production and cultivation, as both State and Federal government continue to support and update hemp industry reform and regulations.

Companies featured include SinglePoint Inc. (OTCQB: SING), Canopy Growth Corporation (TSX: WEED) (NYSE: CGC), The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) and GreenGro Technologies, Inc. (OTC: GRNH).


The Massachusetts House recently passed a bill to help the State’s hemp industry grow and farmers cultivate on agricultural land by allowing farmers with agricultural deed restrictions on their land to grow hemp.  The Bill passed in a vote of 152-0. This bill would ultimately expand the definition of agricultural land to include hemp, so farmers could receive the same tax and protection benefits as other farmers. The House expects this new bill to be a boost for farmers, jobs and the economy in the state of Massachusetts.

The US Department of Agriculture (USDA) also recently announced that it expects to have complete federal rules for domestic hemp production by August. Even in some of the states who planned to wait for federal guidance, hemp legislation has moved forward to allow farmers to participate in the 2019 season under the rules of the 2014 Farm Bill.

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC), one of Canada’s largest cannabis companies has been anticipating entering into the US hemp/cannabis market for sometime through its acquisition of Acreage Holdings. The company recently reported that its shareholders voted overwhelmingly in favor of the proposed acquisition.

The Canopy Shareholder Resolution was approved by approximately 99.05% of votes at the meeting, in accordance with the requirements of the Toronto Stock Exchange. In addition to the approval by Canopy Growth shareholders, Acreage shareholders also approved the deal at the special meeting.

“On behalf of Canopy Growth, I thank the shareholders of both companies for their vote of confidence in this historic transaction,” Bruce Linton, Chairman and co-CEO of Canopy said in a statement.

“Completion of the transaction is intended to position us to efficiently and effectively enter the US cannabis market once federally permissible. Alongside our international market strategies and US Hemp strategy, we believe the acquisition of Acreage will be a key step in bolstering our position as a truly global company,” Linton noted.

When at full capacity, Canopy Growth’s American footprint, largely contracted with American farmers versus owned operations, will cover more than 4000 acres. Nearly half of that entire farming platform will be located in New York State, which will include approximately 1,000 acres of high-CBD hemp, along with an additional 1,000 acres of high-fibre hemp growth.

As a complement to these active farm operations, Canopy Growth continues to explore appropriate locations for its own industrial scale processing and manufacturing plants, with the anticipation that the assets of Acreage could also form a substantial part of the Company’s long-term strategic US platform, pending the finalization of the Transaction between Canopy Growth and Acreage.

SinglePoint Inc. (OTCQB: SINGrecently announced that it has signed a $109,465,000 contract with Elite Foundation LLC of North Carolina to supply more than 275,000 pounds of premium hemp flower over a period of 15 months. The initial 1000 pounds of product has been approved and purchased.

The contract is the first major deal arising from the previously announced supply chain and co-selling agreement with Oregon-based Easy Street Services Company and J&J Empire, LLC. SinglePoint stands to make a large profit in the deal. Company management believes this deal along with the major success in solar provides the basis to move up to a listed exchange such as the NASDAQ or NYSE.

According to President Wil Ralston, “Our team, specifically our VP of Sales, Don Smith has worked tirelessly to make this a reality. We believe this is the catalyst toward closing a stream of substantial deals in our pipeline. Not long ago, SinglePoint made a significant commitment to be a major provider in the industrial hemp space; this agreement solidifies our place in the industry. In addition to raw material supply, we are negotiating distribution agreements to place finished goods in retail stores. There is a lot of opportunity in this burgeoning market and we are getting in everywhere we can. Our newest team member, Don Smith is a leader in these efforts.”

Don Smith has extensive experience in building startup companies that explode within emerging markets. Prior to joining SinglePoint, Smith spent eight years focused on the advancements in the organic sustainable food industry and its applications to the cultivation and growth of the legal cannabis business. In that time, he co-invented a "vertical cultivation" device. The invention and successful hydroponics business was sold to Greengro Technologies, Inc., where Smith served in various capacities including Chairman and CEO.

BDS Analytics and Arcview Market Research project that the collective market for CBD sales in the US will surpass $20 billion by 2024 while New York-based investment bank Cowen & Co, estimates that the market could pull in $15 billion by 2025. The smokable hemp market currently represents approximately 2% of the overall CBD market, but with a 250% growth from 2017 to 2018, Brightfield Group, a Chicago-based cannabis market research firm, identifies dried and smokable hemp flowers as one of the fastest-growing segments of the CBD market. SinglePoint’s bold entry into the hemp flower market positions the company as one of the leading hemp flower wholesalers in the country.

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODFrecently announced its expansion into the global organic hemp CBD market with the launch of its Global Strategic Hemp Division. This new division will leverage TGOD's solid expertise in the European hemp CBD market to fuel growth and accelerate the development and commercialization of new products across its network of international partners.

"With the global CBD market expected to hit $22 billion in less than 3 years, it is clear that the segment is drawing substantial consumer demand," commented Brian Athaide, CEO of TGOD.  "Our team has years of direct hands-on experience in the CBD space and we are excited to use this advantage to execute on a fast-moving market expansion strategy. CBD is a wellness product and has a natural fit with TGOD's certified organic positioning and the large segment of consumers who are increasingly demanding natural and organic products. The time to act is now, and TGOD has the team, the infrastructure and the capital to establish a significant presence in this market."

The Company plans to enter the US hemp CBD beverage market through existing partnerships, providing TGOD with maximum flexibility and the ability to go to market with hemp-based CBD beverages quickly and with a capital light model.

"Hemp is an incredible crop, one we can manufacture into mass market organic CBD products to establish an immediate market presence in Canada through tinctures and oils, while we prepare for the introduction of additional delivery methods such as vapes, beverages, edibles and topicals later this year," added Athaide.

GreenGro Technologies, Inc. (OTC: GRNH), recently announced that in less than 30 days since the launch of the Company’s hemp seed farm in Southern California, CBD Ventures Inc. - a CBD and hemp focused division of GreenGro Technologies which oversees the hemp seed farm -  it has already signed its first contract and completed its first sale.  This near-immediate success is in direct correlation to the growing demand for high quality CBD hemp seeds which GreenGro Technologies is perfectly situated to develop and distribute, particularly with the science contributed by its Genobreeding Division.

“Due to the market’s instant demand for our feminized low-THC, high-CBD hemp seeds, the Company feels this is a clear testament of our efforts to grow the reputation as a company who is able to develop and distribute large quantities of CBD hemp seeds with the highest quality standards across each and every single seed,” said Matthew Burden, Chief Executive Officer of GreenGro Technologies, Inc. “This is a direct result of our strategic initiatives playing out as planned beginning with our restructuring and cost savings plan followed by the creation of our three key revenue centers, CBD Ventures, Cannabis Ventures and Genobreeding, which is able to leverage the strengths of the other to maximize our true potential. As we continue to emerge as a truly vertically integrated company in the cannabis space, we are confident that our CBD hemp seed farm will prove both profitable and a key to solidifying our footprint across the nation as we continue implementing our growth strategy,” concluded Mr. Burden.

As more states sign hemp legislation and with the expected USDA federal hemp rules expected in August, the continued growth and rise of hemp and CBD doesn’t seem to be slowing anytime soon and offers many companies solid revenues while awaiting changes to federal cannabis regulations in Canada and federal legalization in the US.

For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks

About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 
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#AI News: VSBLTY (CSE: $VSBY.C) (OTC: $VSBGF) Among Select #Security Tech Firms Invited to Exhibit at #NBA Security Conference 2019 Vendor Summit

#AI News: VSBLTY (CSE: $VSBY.C) (OTC: $VSBGF) Among Select #Security Tech Firms Invited to Exhibit at #NBA Security Conference 2019 Vendor Summit



Philadelphia, PA - June 27, 2019 (Investorideas.com Newswire) VSBLTY Groupe Technologies Corp. (CSE: VSBY) (5VS.F) (VSBGF) is among the limited number of firms invited to exhibit at the NBA Security Conference 2019 Vendor Summit at the Bellagio Hotel in Las Vegas June 27 and 28.

"This is an opportunity for us to demonstrate the intersection of marketing and security and the new face of commercial venues and public places," said VSBLTY Co-Founder and CEO Jay Hutton who announced the firm's participation in the NBA Security Conference at Booth #207.

VSBLTY is a leading retail software and technology company that offers facial recognition, analytics tools and non-occluded weapon detection using the power of artificial intelligence, machine learning and computer vision. The VSBLTY technologies provide comprehensive real-time oversight of a venue's perimeter, including identification of both objects and individuals (employees, anonymous fans and "persons of interest").

With cameras embedded directly in display screens on the perimeter of the venue, VSBLTY Vector™ interfaces with a local or remote database to detect persons or objects of interest in high-traffic areas, at scale, within milliseconds. As soon as a threat is recognized, the proper authorities are alerted instantaneously.

Read this in full at

"Our SaaS-based audience and operational measurement and security software enables VSBLTY to lead the effort to deliver surveillance and key marketing intelligence and operational analytics and customer experiences in one platform, allowing multiple venue stakeholders to gain value from the investment," Hutton added.

VSBLTY security technology uses a venue's existing infrastructure including concourse signage, kiosks and camera network to provide a security outpost on marketing assets. The versatility of VSBLTY displays enables venues to simultaneously enhance customer experience, improve target marketing by sponsors, deliver contextual marketing to increase in-venue revenues and gain critical operational analytics-all with enhanced security.

As fans at NBA games are inclined to look at the display screens, a more accurate facial recognition is achieved compared with traditional overhead CCTV. Vector can identify individuals when alone or in crowds, and even enables emotional and demographic recognition.

"In order to anticipate cyber and physical attacks there increasingly must be a reliance on innovative technologies. And with more and more so-called soft targets being attacked around the world, heightened security is needed virtually everywhere. VSBLTY's facial recognition enables faster, professional security responses to threats and can provide security where it has never been available before," Hutton added.

Investor Relations
MarketSmart Communications Inc., +1 877 261-4466
info@marketsmart.ca
CONTACT: Linda Rosanio, 609-472-0877lrosanio@vsblty.net


About VSBLTY (www.vsblty.net)
Headquartered in Philadelphia, VSBLTY (CSE: VSBY) (Frankfurt: 5VS) (OTCBB:VSBGF) is the world leader in Proactive Digital Display™, which transforms retail and public spaces as well as place-based media networks with SaaS-based audience measurement and security software that uses artificial intelligence and machine learning.

LINDA ROSANIO
VSBLTY, INC
609-472-0877
LROSANIO@VSBLTY.NE

VSBLTY Groupe Technologies Corp. (CSE: VSBY) is a featured Tech / AI stock on Investorideas.com


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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Disclosure: VSBLTY is a paid PR, news and social media client on Investorideas.com as of March 1, 2019  https://www.investorideas.com/About/Disclaimer.asp
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#Mining Stock News: #SilverCrest (TSXV: $SIL.V; NYSE: $SILV) Announces Decline Has Intersected Babicanora Vein, Confirms New Vein Discovery and Additional High-Grade In-Fill Drill Results:

#Mining Stock News: #SilverCrest (TSXV: $SIL.V; NYSE: $SILV) Announces Decline Has Intersected Babicanora Vein, Confirms New Vein Discovery and Additional High-Grade In-Fill Drill Results:
·        7.6 Metres at 4,671 gpt AgEq
·        3.5 Metres at 5,875 gpt AgEq
·        5.6 Metres at 2,176 gpt AgEq



Vancouver, British Columbia - June 27, 2019 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSXV: SIL.VNYSE American: SILV) ("SilverCrest" or the "Company") is pleased to provide an exploration update for its Las Chispas Project ("Las Chispas") located in the state of Sonora, Mexico. The Company's newly constructed decline ("Santa Rosa Decline") has intersected the Babicanora Vein in the high-grade Area 51 zone, along with intersecting and confirming the high-grade discovery of the Babi Vista Vein. We are also pleased to announce additional high-grade in-fill drill results for the Babicanora Vein which further increase the confidence level in the recently announced Mineral Resource Estimate (see news release dated March 14, 2019). See technical report titled "Technical Report and Resource Estimate for the Las Chispas Property, Sonora, Mexico" with an effective date February 8, 2019 and available on SEDAR at www.sedar.com.

Read this in full at

N. Eric Fier, CPG, P.Eng, and CEO, remarked, "As we advance Las Chispas to complete a Feasibility Study, we are diligently working to finish our in-fill drilling program on the Babicanora veins to further de-risk and convert resources to reserves. The discovery of the Babi Vista Vein in the decline provides us with a new target immediately adjacent to already defined vein resources with established underground access. This target can potentially add high margin resources beyond what was included in the Preliminary Economic Assessment announced May 15, 2019. Also, we have 10 in-fill and five exploration rigs turning to drill-test additional potential discoveries and expand current resources on five priority targets including: 1) southeast plunge of Babicanora Vein in the Area 51 zone, 2) at depth and along strike of the Babicanora Norte Vein, 3) at depth in the Las Chispas area, 4) at depth in the Babi Sur area, and 5) initial drilling in the Chiltepin area. Results from these targets will be reported on an ongoing basis."

Mr. Fier also commented, "It's a very exciting time at Las Chispas, as we just intersected the Babicanora Vein underground within 10 metres of our projected model location and confirmed the true width of the high-grade vein at 3.6 metres, which is consistent with our model. Congratulations to the SilverCrest Team for all its efforts on the construction of the Santa Rosa Decline ahead of schedule."

While constructing the Santa Rosa Decline, the Babi Vista Vein was intersected which confirmed this high-grade discovery noted in five drill holes in a previous news release dated February 25, 2019. Initial underground channel sampling shows an estimated true width of 1.5 metres, including approximately 0.3 metres grading 12.0 grams per tonne ("gpt") gold ("Au") and 1,440.0 gpt silver ("Ag"), or 2,340 gpt silver equivalent ("AgEq", based on assumptions defined in the table below). A 10 to 15-hole underground drill program has been initiated with five short closely-spaced (est. 25m) core holes already completed and intercepting the vein. Further results will be released upon receipt of analysis and compilation.

On June 20, 2019, the Company intersected the Babicanora Vein in the high-grade Area 51 zone within the Santa Rosa Decline (see attached Figures). Construction of the Santa Rosa Decline was completed ahead of schedule, with excellent ground conditions and intersected the vein within 10 metres of its projected model target. This development gives the Company its first look at the intact Babicanora Vein and accelerates our planned work to help de-risk several ongoing tasks. These tasks include: reconciliation of resource model against detailed underground vein evaluation, bulk sampling for metallurgical test work, geotechnical studies, possible test mining, stockpiling of high-grade material, and better access to Babicanora veins for in-fill and expansion underground drilling in H2, 2019.

The 51 in-fill drill holes totaling 18,488 metres drilled and reported in this news release were generally targeting mineralization on the outer edges of the current block model of the Babicanora Vein, Area 51 zone (see attached Figures). Results in this release, including the drill holes below cutoff grade in the block model area, have an estimated weighted average true width of 2.2 metres, grading 7.17 gpt Au and 752.6 gpt Ag, or 1,290 gpt AgEq. Overall, these in-fill results confirm the vein thickness and top cut grades of the Babicanora Vein based on a majority of the results being from the outer edges of the Area 51 zone as reported in the February 8, 2019 resource estimate.

The most significant result for this release is Hole BA19-160, which intersected 7.6 metres (estimated true width) grading 26.6 gpt Au and 2,676 gpt Ag, or 4,671 gpt AgEq. Also noteworthy are holes BA19-165, at 3.5 metres grading 32.8 gpt Au and 3,417.2 gpt Ag, or 5,875 gpt AgEq, and BA19-159 at 5.6 metres grading 13.6 gpt Au and 1,153.8 gpt Ag, or 2,176 gpt AgEq. The following table summarizes the most significant drill intercepts (uncut, undiluted) for this release;

Babicanora Vein, Area 51 zone:

Note: all numbers are rounded. Based on a cutoff grade of 150 gpt AgEq with no minimum width.

*AgEq based on 75 (Ag):1 (Au) calculated using long-term silver and gold prices of US$17 per ounce silver and US$1,225 per ounce gold, with average metallurgical recoveries of 90% silver and 95% gold.

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

For the Babicanora Vein, holes BA19-143, 144, 146, 148, 150, 151, 157, 162, 163, 175, 183, 184, 187, 188, 190, and 191 intersected veining grading between 8 to 141 AgEq (below the Company's cutoff grade of 150 gpt AgEq). A majority of the drill holes below 150 gpt AgEq cutoff are on the outer edges of the current computer-generated block model. Several below cutoff grade deep drill holes experienced low core recovery in known clay-rich mineralized zones and may not be representative of the grade of the interval. Additional in-fill drilling in H2, 2019 will be re-testing some intervals using standard triple tube core techniques for better clay recovery and further evaluation.

The Babicanora Vein is still open: 1) to the southeast down plunge where current drilling is ongoing, 2) along vein strike in the upper part of the block model as suggested by new significant high-grade holes in table above (BA19 - 155, 160, 161, 165, 180, and 192), 3) the upper and lower parts of Babicanora Central zone currently being drilled for in-fill and expansion purposes, and 4) potentially favourable significantly deeper hosts for vein mineralization to be initially tested when underground infrastructure is in place within the next 6 to 12 months. While drilling the Babicanora Vein, several high-grade intercepts were made in the adjacent Babicanora HW and FW veins which will be released once compiled.

With continued success on the drill program, the Company has increased its planned drilling for its Phase III exploration program with 15 drills operating on site today. Drilling is focused on expanding mineralization and improving the resource confidence through in-fill drilling to reclassify resources as reserves for the Feasibility Study. An additional 40,000 to 50,000 metres of infill and expansion drilling are planned for the remainder of 2019. Since inception of the project and up to June 15, 2019, the Company has drilled an estimated total of 203,500 metres (8,500 metres in 2016, 33,000 metres in 2017, 72,000 metres in 2018, and 90,000 metres year-to-date in 2019) at the Las Chispas Project.

Other ongoing site activities includes work related to the Feasibility Study expected in H1, 2020, development of the Babicanora Vein in Area 51 zone, stockpiling of high-grade material, an extensive metallurgical test program, geotechnical work and permitting for project development.

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 metals 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 and drilling programs of the Las Chispas Property, including development of the Babicanora Vein in Area 51 zone, metallurgical test, mineralization estimates and grades for drill intercepts, permitting for various work, and optimizing and updating the Company's resource model and preparing a feasibility study; 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 reliability of mineralization estimates, 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.

For Further Information:
SilverCrest Metals Inc.
Contact: Jacy Zerb, Investor Relations Manager
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

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.


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



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