SilverCrest Announces Babi Sur Vein High-Grade Discovery at Las Chispas

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VANCOUVER, BC – February 14, 2019 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce the drill results and discovery of the Babi Sur Vein on the Las Chispas Property (the “Property”) located in Sonora, Mexico. Recent drilling of the Babi Sur Vein has intersected high-grade silver-gold mineralization along a strike length of approximately 1.5 kilometres (see attached Figures). The Babi Sur Vein is parallel to the Babicanora Vein and approximately 300 metres apart. The Babi Sur Vein will be part of the upcoming updated resource, which will include at least nine (9) of the 30 veins identified to date in the district. The Company’s current resource estimate includes only eight of the 30 veins (see “Technical Report and Updated Mineral Resource Estimate for the Las Chispas Property, Sonora, Mexico”, effective September 13, 2018).

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