VANCOUVER, BC – August 22, 2019 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce that it has received approval from the Secretaria de la Defensa Nacional (“SEDENA”) for the operational storage and use of explosives (the “General Explosives Permit”) at the Las Chispas Project (“Las Chispas”) in Sonora State, Mexico. Prior to receiving the General Explosives Permit, the Company held a temporary explosives permit for construction until late June 2019. The General Explosives Permit is valid for the Life-Of-Project while exploring, developing or potentially producing and is subject to various standard purchase, consumption, reporting and safety provisions. The receipt of this permit allows SilverCrest to further advance underground exploration for the Babicanora Vein in both the Santa Rosa Decline and Babicanora Historic Adit. SilverCrest has also acquired local water rights for Las Chispas, which are transferrable to a more efficiently located operational well(s) at the Company’s discretion. The Company is also pleased to announce that it has exercised its last outstanding option agreement to fully acquire the remaining four of the 28 concessions at Las Chispas, thereby obtaining 100% ownership in all Las Chispas mining concessions containing vein mineral resources.