Investor Ideas, Trading Ideas and Stocks to Watch

Tuesday, February 18, 2020

The #AIEye: 3M (NYSE: $MMM) to Move Enterprise IT to AWS (NasdaqGS: $AMZN) and Alteryx (NYSE: $AYX) Named Leader for Data Science and #MachineLearning

The #AIEye: 3M (NYSE: $MMM) to Move Enterprise IT to AWS (NasdaqGS: $AMZN) and Alteryx (NYSE: $AYX) Named Leader for Data Science and #MachineLearning

Global #AI in Agriculture to see CAGR of 26.2% from 2019-2025

Point Roberts WA, Vancouver BC – February 18, 2020 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of The AI Eye- watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2020/021820-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2020/artificial-intelligence/02181AIEye-MMM-AMZN-AYX.asp

Hear the Ai Eye on Spotify

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NYSE:MMM) (NasdaqGS:AMZN) (NYSE:AYX)

3M (NYSE:MMM) is moving its enterprise IT infrastructure to Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN). According to the press release, 3M plans to leverage AWS “machine learning, analytics, storage, security, and databases to optimize and automate operational, manufacturing, and business processes, as well as product solutions.” John Turner, Vice President, IT Systems and Chief Information Officer at 3M, commented:

"AWS is integral to our enterprise IT transformation as we look for better ways to serve our customers, streamline the way we work, and compete globally. AWS, with its proven experience and highly performant global infrastructure, will deliver the agility, speed, and scalability 3M needs to launch new business processes and service models. We look forward to expanding our use of AWS’s portfolio of services, including analytics and machine learning, to gain greater insights and become an even more agile company in the cloud."

Alteryx, Inc. (NYSE:AYX) has been named a Leader in Gartner's 2020 Magic Quadrant for Data Science and Machine-Learning Platforms. Amy Heidersbach, chief marketing and community officer of Alteryx, commented:

"We're seeing the acceleration of a global movement in the data analytics space—where everyone is becoming a data worker and where businesses that are winning are the ones who are able to create a deep culture of analytics that makes high-impact problem solving a reality in all parts of their organization. Our continued growth and deep community engagement reflect how essential Alteryx is in helping our customers solve their people, process and data problems faster and easier."

At press time, all of the aforementioned stocks are just slightly in the red. This may be more reflective of the wider market, as the S&P 500 and Dow are both similarly in the red to a small degree this morning.

Global AI in Agriculture to see CAGR of 26.2% from 2019-2025

A report from Research and Markets finds that the global AI in Agriculture market will see a compound annual growth rate (CAGR) of 26.2 percent in the forecast period 2019-2025. The research finds that technologies such as machine learning and facial recognition will be leveraged as the market grows to foster larger crop yields and improve livestock monitoring. An excerpt from the report description outlines the impact of dwindling labour on the growth of AI in the market:

Across the world, a huge decline of the workforce is observed due to many reasons, like the lack of skilled labor, aging of farmers, and young farmers finding farming an unattractive profession, thus encouraging trends for automated farming operations. According to the International Labor Organization(ILO), agricultural labors in the percentage of the workforce declined from 81% to 48.2% in developing countries. Also, developed countries are not an exception in such a huge decline. Asia-Pacific, where agriculture occupies a major part of the economy, has a huge decline in workforce, which was nearly about 9% from 2015 to 2017. In Japan, the number of people working in farms witnessed a steep fall to 1.7 million in the year 2015, a 15% decline from the previous year.

The European agriculture sector has also faced such a huge decline in the workforce, which is nearly accounting to 12.8% for the corresponding period. The trend of decline in the agricultural workforce is encouraging government and private organizations to focus on automation operations by adopting artificial intelligence technologies in the agriculture sector. Owing to the above factors, the market for artificial intelligence in the agricultural sector is likely to boom in the years to come.

Sam Mowers, Investorideas.com

Read and hear other editions of the AI Eye

For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , 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 , Exploring Mining the AI Eye .

The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

https://www.investorideas.com/Audio/

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. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com

Download our Mobile App for iPhone and Android

Contact Investorideas.com

800 665 0411

Get more tech stocks investor ideas- news, articles, podcasts and stock directories

#CryptoCorner: #Bitcoin Back Below $10K but May Have Long Term Bull Prospects, MoneyGram (NasdaqGS: $MGI) Launches Real-Time Transfers Without #Blockchain

#CryptoCorner: #Bitcoin Back Below $10K but May Have Long Term Bull Prospects, MoneyGram (NasdaqGS: $MGI) Launches Real-Time Transfers Without #Blockchain, Boerse Stuttgart’s Blocknox Makes #Crypto Custody Services Available and China Sees Expansion of Blockchain Amid #Coronavirus Outbreak

Point Roberts, WA, Delta BC February 18, 2020 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

Listen to today’s Crypto Corner Podcast:

http://www.investorideas.com/Audio/Podcasts/2020/021820-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2020/crypto-corner/02181Bitcoin-MGI-Boerse-China.asp

Get the Crypto Corner Podcast on iTunes

Stocks discussed: (NasdaqGS:MGI) (NYSE:V)

Since the last Crypto Corner, Bitcoin (BTC) has fallen from its heights above $10K and dragged much of the wider crypto market along with it. Specifically, Bitcoin got as high as around $10,430 on Wednesday last week, but then gradually tumbled over the week and weekend to a trading price of $9,766 at press time, according to data from CoinMarketCap. Traders may have been put off by the rapidity of Bitcoin’s rise to and above $10K, followed by a 600BTC deposit reported in a tweet by TokenAnalyst. In any case a long term bullish trend is still anticipated, particularly with Bitcoin’s block reward halving in May. Despite the downtrend witnessed over the weekend, the market is actually quite green today. Ethereum (ETH) in particular, which remains the largest altcoin, is enjoying growth of 7.3 percent at press time.

MoneyGram International, Inc. (NasdaqGS:MGI) has announced a real-time remittance solution called FastSend, which does not utilize blockchain, but rather uses “Visa’s [NYSE:V] Direct Original Credit Transaction to deliver funds to bank accounts through Debit card deposit,” according to a report from Cointelegraph. MoneyGram does have a blockchain partner in Ripple, however, and according to the former’s Chief Operating Officer Kamila Chytil, MoneyGram does leverage blockchain in other areas:

“Today, MoneyGram is utilizing Ripple’s On Demand Liquidity product which allows MoneyGram to trade FX at a corporate level using XRP. It’s a back-end treasury function that’s not consumer facing. The technology is helping to solve the most expensive and time consuming aspect of the current process by reducing the amount of money the company needs to park around the world, which will eventually reduce working capital needs.”

For those interested, MoneyGram stock is up some 16 percent today.

CoinDesk reports that Blocknox, a subsidiary of Germany’s second-largest stock exchange Boerse Stuttgart, has made its crypto custody service available to users of Boerse Stuttgart's BISON app and its digital assets exchange, BSDEX. Ulli Spankowski, managing director of Blocknox and chief digital officer for Boerse Stuttgart, explained:

“As a pioneer in Germany, Blocknox has already been operating as a custodian of cryptocurrencies for more than one year. Now we want institutional clients to benefit from our experience and set-up as well. They can use Blocknox’s reliable custody as a building block for their own services around digital assets.”

An article from local Chinese outlet People’s Daily reports the recent spread of blockchain technology in the country in response to the Coronavirus outbreak. For the first half of this month alone, “at least 20 applications based on blockchain were launched to tackle the emerging challenges.” An excerpt from the article outlines the particular utility of blockchain for this situation:

Local authorities say blockchain makes information on the platform tamper-proof and traceable. It achieves precise collection of epidemic data and dispels rumors, helping citizens to cope with the epidemic in a positive and reasonable way.

Sam Mowers, Investorideas

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

The Crypto Corner is part of the Investor Ideas Membership content

The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

https://www.investorideas.com/Audio/

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Cryptocurrency Disclaimer

Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Download our Mobile App for iPhone and Android

Contact Investorideas.com

800-665-0411

Get more Bitcoin and Blockchain Investor ideas – news, articles, podcasts and stock directories

190% Increase in Revenue - SinglePoint (OTCQB: $SING) Announces Preliminary Unaudited 2019 Annual Results, Residential Solar Business Unit is the Primary Driver for the Increase in Revenues and Achieves Business Unit Profitability

190% Increase in Revenue - SinglePoint (OTCQB: $SING) Announces Preliminary Unaudited 2019 Annual Results, Residential Solar Business Unit is the Primary Driver for the Increase in Revenues and Achieves Business Unit Profitability

190% Increase in Revenue, From $1.1 Million to $3.3 Million, Projecting to Continue Triple Digit Revenue Growth Primarily Powered by Residential Solar in 2020

Text SinglePoint to 37284 to Receive Corporate Updates*

Text Solar to 37284 to Receive Industry Updates*

CEO anticipates SING will achieve between $10M-$12M in gross revenues this year, up from $10 million announced in CEO letter in January 2020
Company to focus on Direct Solar, 1606 Original Hemp product line
SinglePoint plans to drive 2020 vision through organic growth in high-value, high-opportunity markets and synergistic acquisitions

PHOENIX, AZ - February 18, 2020 (Investorideas.com Newswire) SinglePoint Inc. (OTCQB: SING) releases preliminary (unaudited) annual results achieving over $3,300,000 in revenue. SinglePoint continues to show progress and annual revenue traction delivering increased revenue in the triple digits, 190% increase from 2018 to 2019. $2,000,000 in annual revenue was directly derived from Direct Solar of America in approximately six months of operations. Annualizing these results would have delivered over $5,000,000 in 2019 revenue. The 2020's are positioned to be the decade of solar, and with SinglePoint's acquisition of Direct Solar of America and its emerging business units, SinglePoint anticipates significant and sustained growth through the decade.

Read this news featuring SING in full at https://www.investorideas.com/CO/SING/news/2020/02181Increase-Revenue.asp

SING: SinglePoint Historical Chart

Direct Solar America, at the time of acquisition by SinglePoint, was almost solely focused on expanding its national footprint by expanding into additional states with its unique and scalable residential solar brokerage model. The residential solar segment delivered nearly all the revenues and ended the year as a profitable business unit. The residential solar business unit will continue to expand into new markets, adding incremental revenue, while continuing to cultivate and close additional revenue opportunities in established markets.

New market expansion and increased efficiencies should deliver continued revenue growth and the Direct Solar of America residential business unit is targeting an annual revenue range of $7-$10M for 2020.

Throughout the year, Direct Solar America identified additional high-caliber revenue opportunities in underserved markets within the domestic solar market. The company created commercial and capital business units committing internal capital and resources, along with forging relationships with industry and strategic segment specific business partners to address these opportunities. Direct Solar America, directly and through its partnerships have engaged and made proposals to multiple schools and commercial type projects throughout the United States on the benefits of going solar. Many of these projects are in the review stage and would result in significant revenue and profitability that is purely incremental and accretive to the existing projections for the residential solar division.

According to SEIA, "The U.S. installed 2.6 gigawatts (GW) of solar PV capacity in Q3 2019 to reach 71.3 GW of total installed capacity, enough to power 13.5 million American homes. Residential solar saw its best quarter in history in Q3, and the utility-scale solar pipeline now stands at a record 45.5 GW in Q2. Total installed U.S. PV capacity is expected to more than double over the next five years." The press release goes on to say, "The increase in residential installations helped the U.S. solar market grow 45% year-over-year and contributed to 15 states having their best quarter ever for residential solar."

Solar is growing in the investing world; many large players are continuing to increase shareholder value. Invesco Solar ETF (TAN) ran up 51% in just one year, becoming 2019's best-performing ETF. Many others have jumped in as well such as Warren Buffett investing in one of the largest solar projects to date and Goldman Sachs launch a fund with approximately $4,000,000,000 in available capital. These are just a few selections that showcase the strength of solar and renewable options in the market.

"I am confident that our business units will continue to grow which translates to SinglePoint being in a better position than we have ever been. We believe the successful operating results in 2019 will continue into 2020 driving our value past historical values to new heights," states Greg Lambrecht, CEO. "In my opinion, it's never been a better time to be a shareholder of SinglePoint; we have growing business units in thriving sectors, we have recently become a fully reporting public company and are committed to continuing to enhance shareholder liquidity by uplisting to the appropriate exchange that allows investors to confidently invest in the company due to its trading volume."

Our proprietary brand of smokable hemp, 1606, continues to expand into new accounts fueled by the increasing consumer demand for additional products that deliver the benefits of CBD of our proprietary brand of smokable hemp products, 1606.

The Company's 1606 Original Hemp brand was launched at the MJBIZCON Show in Las Vegas. Executives and senior management recently attended the TPE "Tobacco Show" in Las Vegas which verified that retail is looking for a product that satisfies the growing consumer demand for hemp and CBD based products. The 1606 Original Hemp brand is an exclusive line of products that capitalizes on the emerging trend in the smokable hemp market and has already been picked up by distributors and retail outlets, Lambrecht reported. "We are encouraged by the reception and demand this new product category received at [NACS]," he said. "Our success at NACS with the smokable hemp product allowed SinglePoint to secure a distribution agreement to distribute PrimeTime Flavored Cigars with Japan Tobacco USA, a division of Japan Tobacco International which operates in over 130 countries."

About SinglePoint, Inc.

Founded in 2011 SinglePoint, Inc (SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand.

Connect on social media at:

https://www.facebook.com/SinglePointMobile

https://twitter.com/_Singlepoint_

https://www.linkedin.com/company/singlepoint

https://www.youtube.com/user/SinglePointMobile

For more information visit: www.SinglePoint.com

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

*Message and data rates may apply. By opting into our text or email programs you may receive up to 1 communication per day containing industry updates and/or corporate updates relating to SinglePoint and its subsidiaries.

KEYWORDS: SOLAR, SOLAR STOCK, SOLAR PANELS, RENEWABLE ENERGY, SOLAR PUBLIC COMPANY

Corporate Communication

SinglePoint Inc.
888-OTC-SING
888-OTC-SING
investors@SinglePoint.com
SinglePoint.com

SinglePoint (SING) is a featured stock on Investorideas.com

More info on SING at Investorideas.com Visit: https://www.investorideas.com/CO/SING/

Get News Alerts on SinglePoint Inc. SING

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. For Disclosure purposes SinglePoint Inc (OTCQB: SING) is a paid annual news and social media company on Investorideas.com. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp and https://www.investorideas.com/About/News/Clientspecifics.asp . Learn more about our prices for publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.

#Mining Stock News: #SilverCrest (TSX: $SIL.TO; NYSE: $SILV) Announces Highest-Grade Discovery to Date at Las Chispas, Area 200 zone

#Mining Stock News: #SilverCrest (TSX: $SIL.TO; NYSE: $SILV) Announces Highest-Grade Discovery to Date at Las Chispas, Area 200 zone

· 1.4 metres est. true width at 16,189 gpt AgEq

· 2.4 metres est. true width at 9,006 gpt AgEq

· 1.6 metres est. true width at 13,345 gpt AgEq

Vancouver, British Columbia - February 18, 2020 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSX: SIL.TO; NYSE American: SILV) ("SilverCrest" or the "Company") is pleased to announce a new discovery and additional drill results from the Babicanora Norte Vein ("Babi Norte Vein", or "Babi Norte", or the "Vein") of the Las Chispas Project ("Las Chispas") located in the state of Sonora, Mexico. Today's release includes results for a total of 216 holes, 65% of which are in-fill holes and 35% expansion holes, and announces the new discovery of the Babi Norte southeast faulted extension named "Area 200 zone" or "Area 200" after the discovery drill hole BAN19-200, which intercepted 2.0 metres (true width) grading 6,418 grams per tonne ("gpt") silver equivalent ("AgEq", defined in table below). With this discovery, the Babi Norte Vein becomes the highest-grade vein currently known on the property.

Read this news featuring Silvercrest in full at https://www.investorideas.com/CO/SILV/news/2020/01181LasChispas.asp

Expansion drilling has significantly increased the strike length of the Babi Norte Vein from 1.2 kilometres, as previously announced on February 25, 2019, to over 2.0 kilometres.

Thirty-nine (39) of the 216 holes establish an initial high-grade footprint for Area 200 of 500 metres long by 125 metres in height (see attached Figures). Drill results for these 39 holes in Area 200 show an average est. true width of 1.5 metres with a weighted average grade of 16.11 gpt gold ("Au") and 2,166.5 gpt silver ("Ag"), or 3,375 gpt AgEq (uncut undiluted).

Area 200 is not included in the current resource estimate. For reference, the current Babi Norte Vein model includes 8.6M oz AgEq indicated resources (130,500 tonnes at 11.57 gpt Au and 1,180 gpt Ag, or 2,047 gpt AgEq) and 12.5M oz AgEq inferred resources (277,700 tonnes at 8.21 gpt Au and 780 gpt Ag, or 1,395 gpt AgEq) and is based on a high-grade footprint 125 metres in height and only 900 metres of the estimated 2.0 kilometres strike length. Please refer to the "Technical Report and Preliminary Economic Assessment ("PEA") for the Las Chispas Property, Sonora, Mexico", dated effective May 15, 2019, as amended July 19, 2019, available on SEDAR. Babi Norte now has a total of 274 drill holes, including Area 200, which will be part of the updated resource and initial reserve estimate for the Feasibility Study ("FS") to be released in late H1, 2020. The cutoff date for drill data to be included in the FS is the end of February 2020.

N. Eric Fier, CPG, P.Eng, and CEO, remarked, "Since the high-grade discovery in January 2018 of the Babicanora Vein, Area 51 zone, the SilverCrest technical team has been systematically testing out its theory of "the Nature of Multiples" for the potential to discover parallel high-grade precious metal veins and zones similar to Area 51. With the high-grade discoveries of Las Chispas Vein, Area 118, in November 2019, and now the Babi Norte Vein, Area 200, this work has proven effective. Area 200, approximately 500 metres in strike length, is now considered the highest-grade discovery to date at Las Chispas and, combined with the remaining 1.5 kilometres strike length of the Vein, is the longest mineralized vein in the district, surpassing the Babicanora Vein. Area 200 is proximal to the Santa Rosa Decline, suggesting it could be easily accessed with minimal underground development.

Congratulations to the SilverCrest team on another high-grade discovery and its ability to aggressively advance this for FS inclusion."

The most significant results for this release are Hole BAN19-274, at 1.4 metres (est. true width) grading 90.22 gpt Au and 9,422.3 gpt Ag, or 16,189 gpt AgEq, and Hole BAN19-213, which intersected 2.4 metres grading 45.71 gpt Au and 5,577.3 gpt Ag, or 9,006 gpt AgEq. Also, noteworthy is Hole BAN19-243 at 1.6 metres grading 75.78 gpt Au and 7,661.9 gpt Ag, or 13,345 gpt AgEq. The following table summarizes the most significant drill intercepts (uncut, undiluted);

Babicanora Norte Vein, Area 200 zone only:

Babicanora Norte Vein, Babicanora Area (all new significant holes greater than 1,000 gpt AgEq):

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 and Bureau Veritas (Inspectorate Ltd.) in Hermosillo, Mexico.

In summary, of the 216 newly reported holes, 115 holes were below the cutoff grade. Specifically, holes BAN19-57, 58, 61 to 63, 65, 67 to 70, 72, 73, 75, 76, 81, 82, 84 to 86, 88, 89, 91 to 93, 96, 97, 100A, 105, 106, 112, 114 to 118, 121 to 123, 125 to 128, 131 to 134, 136, 139 to 144, 149, 152, 154, 155, 157, 159, 162 to 164, 168, 169, 171 to 173, 175, 176, 179 to 181, 184 to 186, 188, 190, 191, 193, 194, 196, 197, 199, 201, 203 to 205, 208, 212, 215, 217, 220 to 222, 224, 229 to 231 and BAN20-237, 241, 242, 244, 246, 248 to 250, 254, 255, 260, 262, 263, 266 and 270 to 272 intersected veining but were below the Company's cutoff grade of 150 gpt AgEq. BAN20-267 and BAN20-273 are pending assays and will be reported when available.

While drilling for the Babi Norte Vein, several intercepts were made in unnamed veins (hangingwall and footwall veins), with the most significant results below:

· BAN19-66: 0.4 metres grading 4.25 gpt Au and 716.0 gpt Ag, or 1,035 gpt AgEq;

· BAN19-71: 1.0 metres grading 1.93 gpt Au and 601.2 gpt Ag, or 746 gpt AgEq;

· BAN19-80: 0.4 metres grading 4.84 gpt Au and 800.0 gpt Ag, or 1,163 gpt AgEq;

· BAN19-95: 0.4 metres grading 17.0 gpt Au and 2,080.0 gpt Ag, or 3,359 gpt AgEq;

· BAN19-120: 0.5 metres grading 3.68 gpt Au and 591.0 gpt Ag, or 867 gpt AgEq;

· BAN19-167: 0.5 metres grading 27.10 gpt Au and 1,765 gpt Ag, or 3,798 gpt AgEq;

· BAN19-182: 0.5 metres grading 7.46 gpt Au and 704.0 gpt Ag, or 1,263 gpt AgEq;

· BAN19-225: 0.4 metres grading 9.22 gpt Au and 1,001.0 gpt Ag, or 1,692 gpt AgEq;

· BAN19-228: 0.9 metres grading 3.75 gpt Au and 460.6 gpt Ag, or 742 gpt AgEq;

· BAN20-253: 0.4 metres grading 19.45 gpt Au and 2,120 gpt Ag, or 3,579 gpt AgEq; and

· BAN20-265: 0.9 metres grading 3.51 gpt Au and 622.6 gpt Ag, or 886 gpt AgEq.

Further work will be completed on these unnamed veins for possible inclusion into the ongoing updated resource and FS.

The discovery of Area 200 provides a better understanding of the Las Chispas epithermal vein mineralization, which should help to refine "the Nature of Multiples" testing of the next vein targets (see attached Figures). The Babi Norte Vein and Area 200 zone are still open to depth and down plunge. Current drilling focus is on expanding Area 200 and applying similar exploration methods which discovered Area 118 and Area 200 to the adjacent Babi Vista and unnamed Babicanora Norte HW and FW veins. SilverCrest has identified 36 veins on the Las Chispas project, with only 11 veins sufficiently drill-tested to-date for resource estimation and reserve consideration. The number of veins to be included in the FS is still being determined.

The Company now has 19 drill rigs operating at site and allocated as follows:

· 11 rigs focused on Babi Norte, including Area 200, where several additional in-fill and expansion holes will be completed in Q1, 2020;

· one (1) rig on the Babicanora and Babicanora FW veins finalizing in-fill holes for updated resources and reserve estimation;

· one rig (1) on the Babi Vista Vein for in-fill and expansion; and

· six (6) rigs are drilling the Giovanni Vein, Las Chispas Vein, and Area 118 for in-fill and expansion for inclusion in the FS.

The Company has delivered the updated drill hole database as of February 13, 2020 for the Babicanora Area veins, excluding Babi Norte, to independent consultant, GMining Services Inc. ("GMining"), for updated resource estimation and reserve estimation in the ongoing Feasibility Study anticipated in late H1, 2020. The remaining data including Las Chispas Area veins and Babi Norte Vein will be submitted to GMining by the end of February 2020.

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. The Las Chispas Project consists of 28 100%-owned mineral concessions where all of the resources are located. SilverCrest is the first company to successfully drill-test the historic Las Chispas Project, resulting in numerous discoveries that are being evaluated for economic viability and potential production in the future. 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" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of Canadian and United States 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 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.

Figure 1: Babicanora Area Plan Map - February 2020

Figure 2: Babicanora Area, Looking Southwest

Figure 3: Long Section (Inclined) of Babicanora Norte (BAN) Vein Looking Southwest

Figure 4: Insert 1 - Long Section (Inclined) Babicanora Norte Vein, BAN Area 200 Looking Southwest

Figure 5: Insert 2 - Long Section (Inclined) Babicanora Norte Vein, BAN Central Looking Southwest

Figure 6: Insert 3 - Long Section (Inclined) Babicanora Norte Vein, BAN NW Looking Southwest

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

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

Visit profile page

Get News Alerts on SilverCrest Metals Inc.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp

Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country.

Please read Investorideas.com privacy policy:

https://www.investorideas.com/About/Private_Policy.asp Disclosure: Investorideas.com is compensated by SilverCrest Metals Inc for annual news publishing effective January 2017.

Get more mining stock investor ideas- news, articles, podcasts and stock directories

About Investorideas.com

About Investorideas.com - Big Investing Ideas Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders. Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast , Cleantech and Climate Change Podcast, Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast. We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.

Disclaimer/disclosure

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Investor Ideas, Trading Ideas and Stocks to Watch

Tuesday, February 18, 2020

The #AIEye: 3M (NYSE: $MMM) to Move Enterprise IT to AWS (NasdaqGS: $AMZN) and Alteryx (NYSE: $AYX) Named Leader for Data Science and #MachineLearning

#CryptoCorner: #Bitcoin Back Below $10K but May Have Long Term Bull Prospects, MoneyGram (NasdaqGS: $MGI) Launches Real-Time Transfers Without #Blockchain

190% Increase in Revenue - SinglePoint (OTCQB: $SING) Announces Preliminary Unaudited 2019 Annual Results, Residential Solar Business Unit is the Primary Driver for the Increase in Revenues and Achieves Business Unit Profitability

#Mining Stock News: #SilverCrest (TSX: $SIL.TO; NYSE: $SILV) Announces Highest-Grade Discovery to Date at Las Chispas, Area 200 zone

Blog Archive

Links

Search This Blog