SilverCrest Announces Additional Positive In-fill Drill Results at Las Chispas


VANCOUVER, BC – December 13, 2018 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce further Phase III in-fill drill results for the Las Chispas Property (the “Property”) located in Sonora, Mexico. The current drill program is designed to increase resources through expansion drilling and improve confidence in the resource with closely spaced in-fill drilling in the Babicanora Vein, including the high-grade Area 51 zone. All 12 newly reported in-fill core holes in this release were targeting mineralization in the Area 51 zone. In addition to the seven in-fill drill results previously reported on November 1, 2018, these 12 in-fill core holes show further encouraging results. The weighted average (true width, uncut, undiluted) of today’s in-fill holes is 3.4 metres grading 12.39 gpt gold (or “Au”) and 795.7 gpt silver (or “Ag”), or 1,725 gpt silver equivalent (“AgEq”, based on assumptions defined in table below). For comparison, in the September 13, 2018 resource estimate, Area 51 had an estimated weighted average true width of 2.7 metres, grading 7.13 gpt gold and 614 gpt silver or 1,148 gpt AgEq.

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