SilverCrest Announces Exceptional Economics in Las Chispas Preliminary Economic Assessment

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VANCOUVER, BC – May 15, 2019 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce the results of an independent Preliminary Economic Assessment (“PEA”) completed by Tetra Tech Canada, Inc. (“Tetra Tech”) for the Las Chispas project in Sonora, Mexico. The PEA is based on the mineral resource estimate, titled “Technical Report and Mineral Resource Estimate” for the Las Chispas Property, Sonora, Mexico, effective February 8, 2019 and announced on March 14, 2019 (the “February 2019 Mineral Resource Estimate”).

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