SilverCrest Announces Babi Sur Vein Results, Expanding High-Grade with Improved Continuity (True Widths):

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  • 2.5 Metres at 6,931 gpt AgEq
  • 7.8 Metres at 877 gpt AgEq
  • 2.8 Metres at 2,109 gpt AgEq

VANCOUVER, BC – January 20, 2020 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce additional in-fill and expansion drill results from the Babi Sur Vein (“Babi Sur”, or the “Vein”) of the Las Chispas Project (“Las Chispas”) located in the state of Sonora, Mexico. In-fill and expansion drilling has increased the Company’s confidence of wider and higher-grade continuity of mineralization for the Babi Sur Vein. Expansion drilling has also increased the high-grade mineralized footprint of the Vein (please see attached Figures). The 71 drill holes released today (85% in-fill for resource conversion and 15% expansion) are in addition to the 33 drill holes previously announced on August 28, 2019. Since the release of the March 2019 Resource Estimate, an additional 104 drill holes have been completed in the Babi Sur Vein. The Vein has a total of 140 drill holes which will be used in an updated resource and initial reserve estimate as part of the ongoing Feasibility Study to be released in late H1, 2020.

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