SilverCrest Announces Babi Vista Vein High-Grade Expansion;

SiverCrest_nr_20191114

• 8.8 Metres at 1,136 gpt AgEq
• 6.6 Metres at 502 gpt AgEq

VANCOUVER, BC – November 14, 2019 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce expansion drill results for the Babi Vista Vein in the Babicanora Area of the Las Chispas Project (“Las Chispas”) located in the state of Sonora, Mexico. The drilling announced today has defined the initial high-grade footprint of the recently discovered Babi Vista Vein (“Babi Vista”, see attached Figures). These drill results show wider and higher-grade vein mineralization to depth, including hole BV19-03 with 8.8 metres (true width) grading 1,136 gpt AgEq. The 17 expansion drill holes released today are in addition to the five drill holes in the Babi Vista Vein previously announced on February 25, 2019. The initial high-grade footprint is approximately 200 metres high by 150 metres along vein strike, and open in most directions. Based on total drilling to date within the Babi Vista highgrade footprint, the initial estimated average true width and grade of the vein is 2.2 metres grading 4.70 grams per tonne (“gpt”) gold (“Au”) and 401.1 gpt silver (“Ag”), or 753 gpt silver equivalent (“AgEq”, based on assumptions defined in the table below).

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