SilverCrest Announces Babi Sur Vein Expansion, Additional High-Grade Drill Results:

SilverCrest_28082019

  • 3.1 Metres at 1,355 gpt AgEq
  • 8.8 Metres at 536 gpt AgEq
  • 3.8 Metres at 773 gpt AgEq

VANCOUVER, BC – August 28, 2019 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce initial in-fill and additional expansion drill results from the Babi Sur Vein (“Babi Sur”) of the Las Chispas Project (“Las Chispas”) located in the state of Sonora, Mexico. In-fill drilling has increased the confidence of resources and high-grade continuity in the vein. Expansion drilling has increased the high-grade footprint for possible additional resources (see attached Figures). The 33 drill holes released today (23 in-fill and 10 expansion) are in addition to the 39 drill holes previously announced on February 14, 2019, and used in the technical report titled “Technical Report and Preliminary Economic Assessment for the Las Chispas Property, Sonora, Mexico”, dated effective May 15, 2019, as amended July 19, 2019 (the “PEA”). The PEA is available on SEDAR (www.sedar.com) and the Company’s website (www.silvercrestmetals.com).

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