SilverCrest Expands Babicanora High-Grade Footprint to 1.3 Kilometres; More Bonanza Grades

SilverCrestMetals_29012018

VANCOUVER, BC – January 29, 2018 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce additional Phase II drill results for the Las Chispas Property (the “Property”) located in Sonora, Mexico. Step out drilling of the Babicanora Vein continues to intersect high-grade mineralization with an increase in the reported high-grade footprint from 1,000 to 1,300 metres along strike length (see attached Figures). There are 19 known epithermal veins on the Property, nine of which have been drilled, consisting of the Babicanora, Babicanora Footwall, Las Chispas, Giovanni, La Blanquita, William Tell, Varela, Granaditas and Amethyst veins. SilverCrest has intersected high-grade silver-gold mineralization in each of the nine veins drilled to date. Five to six of these veins will be included in the upcoming maiden resource estimate to be announced in Q1 2018.

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