SilverCrest Identifies Bonanza Grade Area at Las Chispas

SilverCrest Metals (“SilverCrest” or the “Company”) is pleased to release additional underground channel sample results from its ongoing Phase II Exploration Program for the Las Chispas Property (the “Property”) located in Sonora, Mexico. In addition to the current drill program, the Company continues to systematically sample rehabilitated underground historic workings of the Las Chispas Vein to define readily accessible high grade areas. The Company is currently exploring nine of the 19 known epithermal veins on the Property with efforts focused on delivering a maiden resource estimate in Q1 2018.
N. Eric Fier, CPG, P.Eng, President and CEO, remarked:

“Channel sampling in the newly rehabilitated historic underground workings in the Las Chispas Vein is defining continuous unmined areas with bonanza grades. Several of these channel results are within 30 metres of the recently announced drill hole LC17-45, which intercepted 1.9 metres of 8,803 gpt AgEq.
This Bonanza Grade Area is easily accessible for potential bulk sampling and mining. This area is an example of the potential high value mineralization that we continue to systematically explore at the Property. We are driving our underground and surface programs at Las Chispas to deliver a maiden resource in Q1 2018.”

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