SilverCrest Discovers New High-Grade Vein at Las Chispas; 1.5 metres @ 23.96 gpt Au and 2,081 gpt Ag, or 3,879 gpt AgEq

SilverCrest_290518

VANCOUVER, BC – May 29, 2018 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce the drill results and discovery of the Babicanora Norte Vein on the Las Chispas Property (the “Property”) located in Sonora, Mexico. The high-grade Babicanora Norte Vein was discovered while drill-testing beneath recently located shallow historic workings (see attached Figures). This vein is approximately 300 metres northeast of the parallel Babicanora Vein. There are 23 known epithermal veins on the Property, including 11 which have drill-intersected high-grade mineralization and consist of the Babicanora, Babicanora Footwall, Babicanora Norte, Las Chispas, Giovanni including La Blanquita, William Tell, Varela, Granaditas, Luigi and Amethyst veins. Five of the 23 veins have been included in the maiden resource (refer to “Technical Report and Mineral Resource Estimate for the Las Chispas Property, Sonora, Mexico”, effective February 12, 2018 and amended May 9, 2018).

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