SilverCrest Announces Drill Results, Expands Phase II Drill Program

SilverCrest Metals (“SilverCrest” or the “Company”) is pleased to announce additional drill results for the Babicanora Vein within the Las Chispas Property (the “Property”) located in Sonora, Mexico.
These further drilling results, combined with results announced on March 2, 2017, show an increased high grade footprint within the Babicanora Vein. The Babicanora Vein is one of 19 epithermal veins that have been identified to date on the Property, which historically was one of the largest silver-gold producers in Sonora.
As part of the Company’s ongoing Phase II exploration program, four drills are currently working at the Las Chispas, William Tell, Varela, Giovanni and Babicanora veins, with further results anticipated over the next several months.
N. Eric Fier, CPG, P.Eng, President and CEO, remarked:

“We believe there is strong potential for further high grade mineralization, as we systematically expand drilling along strike, down dip and subsequently intersect other associated veins.
Originally, we assumed the Babicanora Vein had been historically mined out above the Babicanora adit; therefore, our initial target was at depth. It now appears that only the soft sheared rock has been partially mined, leaving significant hard rock mineralization in place.
With continued success, we will be diligently drill testing along the projected strike length of the Babicanora trend which is now over 4 kilometres long.”

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