VANCOUVER, BC – July 10, 2019 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to provide the first underground sampling results for the Babicanora Vein at its Las Chispas Project (“Las Chispas”) located in the state of Sonora, Mexico. On June 20, 2019, the Company intersected the Babicanora Vein in the high-grade Area 51 zone with the newly constructed Santa Rosa Decline and proceeded with development (3.5 metres by 3.5 metres drift) along the strike of the vein for approximately 35 metres (see attached Figures). During this development drifting, a total of 133 channel samples were collected from blast faces, analyzed, and compiled to determine the estimated average vein width and grade (see table below). Compilation shows an average vein width in this area of 2.6 metres, which is comparable to the resource block model for this area. Compilation of underground (“U/G”) sample results within the vein shows an uncut undiluted weighted average grade of 13.70 grams per tonne (“gpt”) gold (“Au”) and 1,107.6 gpt silver (“Ag”), or 2,132 gpt silver equivalent (“AgEq”, defined in table below). For comparison purposes, the estimated grade from the current resource block model for the mined area (undiluted but with capping applied) is 3.60 gpt Au and 592 gpt Ag, or 863 gpt AgEq. While the difference between the results is significant, the sampling covers a small part of the resource for the Babicanora Vein and should not be considered representative. For additional information, please refer to “Technical Report and Preliminary Economic Assessment for the Las Chispas Property, Sonora, Mexico” (“PEA Technical Report”) with an effective date May 15, 2019 and available on SEDAR at www.sedar.com.