SilverCrest Announces New High-Grade Discovery at Las Chispas and Record Intercept

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VANCOUVER, BC – November 16, 2020 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce drill results for its newest high-grade discovery, the Babi Vista Splay Vein (“Babi Vista Splay” or “Splay”), and in-fill drilling for the northwest extension of the Babi Vista Vein (“Babi Vista”) at its Las Chispas Property (“Las Chispas” or the “Property”) located in Sonora, Mexico. The current drill program for Babi Vista is designed to expand high-grade precious metal mineralization along strike and to depth of the vein (see attached Figures). Included in this release are results for 129 holes (see Tables below) which include 24 expansion holes for the Babi Vista Splay and 105 in-fill holes for Babi Vista.

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