Mining Stock Alert: SilverCrest (TSX.V: SVL) (NYSE MKT: SVLC) Announces Q2 Record Silver Production 194,022 Ounces Silver & 7,463 Ounces Gold

Vancouver, British Columbia - July 17, 2013 (Investorideas.com Mining Stocks Newswire) SilverCrest Mines Inc. (TSX.V:SVL) ( NYSE MKT: SVLC) is pleased to announce production numbers for the second quarter of 2013 from its 100% owned Santa Elena Mine located in Sonora, Mexico.

Production Highlights of Q2, 2013 vs Q1, 2013;

• Record silver production of 194,022 ounces; a 26% increase from Q1.
• Gold production of 7,463 ounces; a 3% increase from Q1.
• Silver equivalent production of 665,684 ounces; a 20% increase from Q1.
• Waste to ore ratio was consistent with the mine plan at 2.52; a 41% decrease from Q1.
• Ore Tonnes crushed increased 18% to 307,091 tonnes with throughput averaging 3,375 tpd.
• Total ounces delivered to the pads increased significantly by 25% and 13% for silver and gold respectively.

J. Scott Drever, Chairman and CEO stated; "We are pleased with production results for the second quarter which tracked well to budget. For the first six months of 2013, silver production was 347,503 ounces (11% above budget) and gold production was 14,688 ounces (11% below budget). We are starting to mine the planned higher ore grades from open pit so anticipate increased ounces produced in the second half of 2013. Based on continually exceeding forecasted silver ounces produced each month, we are increasing our annual silver production guidance from 625,000 ounces to 675,000 ounces. We are maintaining our annual gold production guidance of 33,000 ounces for 2013".
Management has responded to the recent sharp decline in metal prices by re-enforcing ongoing disciplined cost and capital reduction measures to maintain 2013 cash cost at or below US$8.50 per silver equivalent ounce enabling the Company to complete all major capital expenditures associated with the Santa Elena Expansion.

(1) Silver equivalence is based on market spot prices per ounce of silver and gold at the quarter end dates. All numbers are rounded.
(2) Average strip ratio for 2013, is projected at 2.7:1. Q1, 2013 strip ratio of 4.27:1 was higher than projected due to accelerating waste removal.

Q2 2013 Santa Elena Expansion Update:

• As of June 30, 2013, approximately 65% of the budgeted 2013 capital cost of US$65M has been committed. The Santa Elena Expansion is currently on time and budget with scheduled mill start up in January 2014.
• Approximately 2,000 metres of underground development have been completed (project to date) including a crosscut on the 625 metre level that has intersected and exposed the deposit where the exploration model projected its location. A crosscut (hanging wall to footwall) to expose the ore body has been completed showing a mineralized true thickness of 13 metres with a chip - channel sampling grade (uncut) of 3.4 gpt Au and 718.8 gpt Ag which is consistent with the Reserve model. Development has been driven on the footwall contact of mineralization for an estimated 70 metres in preparation for 2014 production. Muck and chip samples from development in mineralization have graded up to 11.1 gpt Au and 2,690 gpt Ag. Approximately 5,000 tonnes of ore development material has been crushed and delivered to the leach pad for partial metal recovery with anticipated reprocessing through the new process facility, once completed.
• In May 2013, significant water was encountered underground while doing ore development on the 625 metre level. Pumping volumes to date are manageable with mine development continuing. A hydrology study has been implemented to assess potential long-term water volumes which may be considered an asset for desert operating conditions
.
• On-site construction of the 3,000 tonne per day mill is well underway with earthworks complete, concrete for major foundations poured and CCD tank and thickener construction near completion. Major equipment has been delivered to site including; new cone crushers and generators (see attached photo dated July 6, 2013: http://media3.marketwire.com/docs/886966.jpg and refer to www.silvercrestmines.com for additional construction photos.)
• The majority of the construction contracts are in place with numerous contractors currently working safely on site.
• SilverCrest completed all drilling required to define and expand the Resources and Reserves with revised numbers announced in a news release dated May 29, 2013. The Santa Elena Expansion Pre-Feasibility Study will be filed this month.
• Several drill holes that are not included in the Santa Elena Expansion Pre-Feasibility Study (Resources and Reserves) have yet to be released. These holes represent potential for further expansion of resources and will be reported when compilation is completed.
• An underground definition drilling program, aiming delineation of initial production stopes is planned for completion in H2 2013, to assist in the preparation for mining in 2014.

Second Quarter Financial Results Release:
The Company plans to issue its second quarter financial results on Wednesday, August 14, 2013.
The Qualified Person under NI 43-101 for this News Release is N. Eric Fier, CPG, P.Eng, President and Chief Operating Officer for SilverCrest Mines Inc., who has reviewed and approved its contents.
SilverCrest Mines Inc. (TSX VENTURE:SVL)(NYSE MKT:SVLC) is a Canadian precious metals producer headquartered in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, México. The mine is a high-grade, epithermal silver and gold producer, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag: Au). SilverCrest anticipates that the 2,500 tonnes per day open pit heap leach facility at the Santa Elena mine should recover approximately 625,000 ounces of silver and 33,000 ounces of gold in 2013. Major expansion and construction of a 3000 tonnes per day conventional mill facility is underway to significantly increase metals production at the Santa Elena Mine (open pit and underground) by 2014. Exploration programs continue to make new discoveries at Santa Elena and also have rapidly advanced the definition of a large polymetallic deposit at the La Joya property in Durango State with stated resources nearing 200 million ounces of Ag equivalent.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation and the United States Securities Litigation Reform Act of 1995. Such forward-looking statements concern the Company's anticipated results and developments in the Company's operations in future periods, planned exploration and development of its properties, plans related to its business and other matters that may occur in the future. These statements relate to analyses and other information that are based on expectations of future performance, including silver and gold production and planned work programs. Statements concerning reserves and mineral resource estimates may also constitute forward-looking statements to the extent that they involve estimates of the mineralization that will be encountered if the property is developed and, in the case of mineral reserves, such statements reflect the conclusion based on certain assumptions that the mineral deposit can be economically exploited.
Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements, including, without limitation: risks related to precious and base metal price fluctuations; risks related to fluctuations in the currency markets (particularly the Mexican peso, Canadian dollar and United States dollar); risks related to the inherently dangerous activity of mining, including conditions or events beyond our control, and operating or technical difficulties in mineral exploration, development and mining activities; uncertainty in the Company's ability to raise financing and fund the exploration and development of its mineral properties; uncertainty as to actual capital costs, operating costs, production and economic returns, and uncertainty that development activities will result in profitable mining operations; risks related to reserves and mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual conditions than is currently estimated and to diminishing quantities or grades of mineral reserves as properties are mined; risks related to governmental regulations and obtaining necessary licenses and permits; risks related to the business being subject to environmental laws and regulations which may increase costs of doing business and restrict our operations; risks related to mineral properties being subject to prior unregistered agreements, transfers, or claims and other defects in title; risks relating to inadequate insurance or inability to obtain insurance; risks related to potential litigation; risks related to the global economy; risks related to the Company's status as a foreign private issuer in the United States; risks related to all of the Company's properties being located in Mexico and El Salvador, including political, economic, social and regulatory instability; and risks related to officers and directors becoming associated with other natural resource companies which may give rise to conflicts of interests. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward-looking statements. The Company's forward-looking statements are based on beliefs, expectations and opinions of management on the date the statements are made. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.
The information provided in this news release is not intended to be a comprehensive review of all matters and developments concerning the Company. It should be read in conjunction with all other disclosure documents of the Company. The information contained herein is not a substitute for detailed investigation or analysis. No securities commission or regulatory authority has reviewed the accuracy or adequacy of the information presented.
"N.Eric Fier"
N. Eric Fier, President and COO
SILVERCREST MINES INC.
Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
SilverCrest Mines Inc.
Fred Cooper
(604) 694-1730 ext. 108
Toll Free: 1-866-691-1730
(604) 694-1761
info@silvercrestmines.com
www.silvercrestmines.com
Published at Investorideas.com Newswire
Disclaimer / Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: SilverCrest Mines has compensated Investorideas.com for the distribution and publishing of this news release (annual news publication 9700) http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

Mining Stock Alert: SilverCrest (TSX.V: SVL) (NYSE MKT: SVLC) Arranges $40 Million Credit Facility with Scotiabank

VANCOUVER, BRITISH COLUMBIA - July 12, 2013 (Investorideas.com Mining Stocks Newswire) SilverCrest Mines Inc. (TSX.V:SVL) ( NYSE MKT: SVLC) ("SilverCrest" or the "Company") announces that it has entered into a three year US$40 million secured corporate credit facility (the "Facility") with The Bank of Nova Scotia ("Scotiabank"). The credit limit available under the Facility will reduce by US$10 million on each of July 11, 2014 and July 11, 2015, and will mature on July 11, 2016, subject to a one year extension of these dates by mutual agreement. The Facility is to be used for general corporate purposes and to complete the Santa Elena Mine Expansion ("Expansion") which will release operational cash flow for other corporate purposes. The Expansion at Santa Elena includes development of the underground mine and a new 3,000 tonnes per day processing plant. The Facility is principally secured by a pledge of the Company’s equity interests in its material subsidiaries, including Nusantara de Mexico S.A. de C.V., and SilverCrest de Mexico S.A. de C.V., and their assets. Depending on the Company’s total indebtedness to EBITDA ratio, the interest rate margin on the Facility will, at the Company’s election, range from either 3.00% to 4.25% over LIBOR, or 2.00% to 3.25% over Scotiabank’s Base Rate in Canada. The availability of the Facility is subject to customary conditions precedent and qualitative and quantitative covenants and the release of existing security held by Macquarie Bank Limited. Until all security for the Facility has been registered in Mexico, the amount available under the Facility will be limited to US$15 million.

As a result of the increase in metal production afforded by the Expansion, the Santa Elena Mine is expected to generate additional operating cash-flow once the new plant is fully-operational in the first half of 2014. This increase in cash flow should enable the Company to continue funding its capital and exploration projects from operating cash flow.
J. Scott Drever, Chairman and CEO stated: “We are pleased to establish this relationship with an institution of the calibre of Scotiabank. At current precious metals prices, we are confident that our financial situation will enable us to complete the major capital expenditures associated with the Santa Elena Expansion. This Facility strengthens our overall financial position and will free up cash flow to enable us to pursue other corporate opportunities for growth.”
SilverCrest Mines Inc. (TSX-V: SVL; NYSE MKT: SVLC) is a Canadian precious metals producer headquartered in Vancouver, BC. SilverCrest’s flagship property is the 100%-owned Santa Elena Mine, located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, México. The mine is a high-grade, epithermal silver and gold producer, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag: Au). SilverCrest anticipates that the 2,500 tonnes per day open pit heap leach facility at the Santa Elena mine should recover approximately 625,000 ounces of silver and 33,000 ounces of gold in 2013. Major expansion and construction of a 3000 tonnes per day conventional mill facility is underway to significantly increase metals production at the Santa Elena Mine (open pit and underground) by 2014. Exploration programs continue to make new discoveries at Santa Elena and also have rapidly advanced the definition of a large polymetallic deposit at the La Joya property in Durango State with stated resources nearing 200 million ounces of Ag equivalent.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation and the United States Securities Litigation Reform Act of 1995. Such forward-looking statements concern the Company’s anticipated results and developments in the Company’s operations in future periods, planned exploration and development of its properties, plans related to its business and other matters that may occur in the future. These statements relate to analyses and other information that are based on expectations of future performance, including silver and gold production and planned work programs. Statements concerning reserves and mineral resource estimates may also constitute forward-looking statements to the extent that they involve estimates of the mineralization that will be encountered if the property is developed and, in the case of mineral reserves, such statements reflect the conclusion based on certain assumptions that the mineral deposit can be economically exploited. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements, including, without limitation: risks related to precious and base metal price fluctuations; risks related to fluctuations in the currency markets (particularly the Mexican peso, Canadian dollar and United States dollar); risks related to the inherently dangerous activity of mining, including conditions or events beyond our control, and operating or technical difficulties in mineral exploration, development and mining activities; uncertainty in the Company’s ability to raise financing and fund the exploration and development of its mineral properties; uncertainty as to actual capital costs, operating costs, production and economic returns, and uncertainty that development activities will result in profitable mining operations; risks related to reserves and mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual conditions than is currently estimated and to diminishing quantities or grades of mineral reserves as properties are mined; risks related to governmental regulations and obtaining necessary licenses and permits; risks related to the business being subject to environmental laws and regulations which may increase costs of doing business and restrict our operations; risks related to mineral properties being subject to prior unregistered agreements, transfers, or claims and other defects in title; risks relating to inadequate insurance or inability to obtain insurance; risks related to potential litigation; risks related to the global economy; risks related to the Company’s status as a foreign private issuer in the United States; risks related to all of the Company’s properties being located in Mexico and El Salvador, including political, economic, social and regulatory instability; and risks related to officers and directors becoming associated with other natural resource companies which may give rise to conflicts of interests. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward-looking statements. The Company’s forward-looking statements are based on beliefs, expectations and opinions of management on the date the statements are made. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.
The information provided in this news release is not intended to be a comprehensive review of all matters and developments concerning the Company. It should be read in conjunction with all other disclosure documents of the Company. The information contained herein is not a substitute for detailed investigation or analysis. No securities commission or regulatory authority has reviewed the accuracy or adequacy of the information presented.
"J. Scott Drever"
J. Scott Drever, Chairman and CEO
SILVERCREST MINES INC.
Contact:
Fred Cooper
Telephone: (604) 694-1730 ext. 108
Fax: (604) 694-1761
Toll Free: 1-866-691-1730
Email: info@silvercrestmines.com
Website: www.silvercrestmines.com
Suite 501 - 570 Granville Street
Vancouver, BC Canada V6C 3P1
Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Published at Investorideas.com Newswire
Disclaimer / Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: SilverCrest Mines has compensated Investorideas.com for the distribution and publishing of this news release (annual news publication 9700) http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

Investorideas.com - Mining in Chile, Peru, Mexico and Colombia; Some of the Players

Investorideas.com - Mining in Chile, Peru, Mexico and Colombia; Some of the Players

New York, New York –July 10, 2013– (www.investorideas.com newswire,) Investorideas.com, an investor research portal specializing in sector research for independent investors including mining stocks,  issues an updated list of mining stocks doing business and operating in Chile, Peru, Mexico and Colombia, members of the Pacific Alliance.

Almaden Minerals Ltd. (TSX:AMM.TO) is an exploration company generating new gold silver and copper prospects in North America.  For nearly 20 years, Almaden has built an unrivalled geological database of Eastern Mexico using historical prospects, Aster satellite imagery, geological and geophysical data, and helicopter-supported prospecting and fieldwork.   The company has identified and evaluated thousands of targets from the USA border to Guatemala, and has staked over 40 new properties.  The Ixtaca Zone was discovered by Almaden’s grassroots exploration program, and in 2010 Almaden announced the results from the first hole ever drilled in the Ixtaca Zone, discovery hole TU10-01 averaged 1.01 g/t gold and 48 g/t silver over 302 meters from the base of the overburden to the end of the hole.  The 2012 drill program is currently underway with four drills, and over 100 holes have been drilled.  Almaden’s other discoveries in Eastern Mexico include the Caballo Blanco Gold Deposit which was sold to GoldgroupMining Inc. for shares, cash, and 1.5%NSR. and the El Cobre Gold-Copper Project.  The El Cobre is 100% owned by Almaden and has potential for a similar gold-copper mineralization as the Maricunga Belt in Chile. 

Angel Gold Corp. (TSX:CA.V) an exploration stage company, engages in the identification, acquisition, and exploration of mineral properties in Colombia. The company primarily explores for gold. Its projects include the Buritica West Gold Project, a 375 hectare concession located in the Department of Antioquia; and the El Cafetal Gold Project, a 135 hectare mine located 12 kilometers north of the Marmato disseminated gold-silver district. The company was formerly known as Caerus Resource Corporation and changed its name to Angel Gold Corp. in October 2012.

AngloGold Ashanti Ltd. (NYSE:AU) one of the world’s foremost gold exploration, mining and marketing companies, holds a portfolio of operations and projects on four continents, and has a worldwide exploration programme. We work across the full spectrum of the mining value chain, and are concerned with the impact of our activities on the diverse communities and environments in which we operate. Headquartered in Johannesburg, South Africa, AngloGold Ashanti has 21 operations in 10 countries. Major development projects are Tropicana located in Australia, Kibali in the Democratic Republic of the Congo (DRC) and La Colosa in Colombia.

Animas Resources Ltd. (TSX:ANI.V) a North American mineral resource company focused on acquisition and discovery, consolidated the Santa Teresa District's Santa Gertrudis precious metal and related deposits and prospects within a 562 square kilometer land holding. Our mission is to grow Animas through development, discovery and acquisition of high-quality mineral deposits and to build upon the historic gold resource base at Santa Gertrudis, Mexico, and maintain a pipeline of only the highest quality projects.

Antioquia Gold Inc. (TSX:AGD.V) has been exploring for precious metals in Colombia since 2007 where its current holdings are close to 40,000 hectares located throughout Colombia. Antioquia's principal asset, which is being actively explored, is its 5,630 hectare Cisneros Project, located 55 km northeast of Medellin in the Department of Antioquia, Colombia. At the Cisneros Project the Company has conducted extensive geochemical and geophysical programs over the entire property and has identified to date eleven (11) exploration zones. On the original discovery zone it has drilled over 45,000 metres and is well versed in the understanding of the deposit type and the project's path to resource definition and production.

Avino Silver and Gold Mines Ltd. (TSX:ASM.V) is an experienced, Vancouver based mining and exploration firm with properties in Mexico and Canada. The company's primary goal is to reactivate the Avino silver-gold-copper-zinc-lead mine in Mexico, which Avino operated for 27 years beginning in 1974. Low metal prices and the closure of a key smelter forced the operation to close in 2001. Current metal markets and high-grade discoveries on the property's San Gonzalo vein have greatly improved the economics and feasibility for potential production. Since 2007, Avino has invested in extensive rehabilitation and modernization of the mill. A 10,000-tonne bulk sample in 2010 is expected to move the project closer to a production decision.

B2 Gold Corp. (TSX:BTO.TO) is a Vancouver based gold producer with three operating mines (two in Nicaragua and one in the Philippines) and a strong portfolio of development and exploration assets in Nicaragua, Colombia, Namibia and Uruguay. Gramalote Property, Colombia: The Company and joint venture partner AngloGold are in the process of completing a prefeasibility study on the Gramalote property, located 80 kilometres northeast of Medellin in central Colombia. Additional test work and engineering associated with identified potential opportunities are being carried out. A supplemental budget of $26.1 million (100%) was approved covering the period from December 2012 through February 2013 and included trade-off studies to conform the optimum size of the project, additional land acquisitions, exploration and development drilling and community and social programs. Each partner has funded its share of expenditures pro-rata. Based on positive exploration results, exploration and development drilling will continue through July 2013 to better define the mineral resource and assure that the optimum plant size is determined. Work programs and engineering associated with the completion of the Environmental Impact Assessment ("EIA") will also be completed during this period so that the EIA can be submitted to government authorities in August 2013. As a result of this additional work, the final prefeasibility results will be complete in the third quarter of 2013. This will allow sufficient time for the inclusion of new information, an updated mineral resource estimate and potential modifications to the prefeasibility study. The final feasibility study is scheduled to be completed by the fourth quarter of 2014. The Company is currently in discussions with AngloGold to agree on work programs and a budget from May 2013 through October 2013, to complete the prefeasibility at which time a decision will be made on whether to advance the project to final feasibility. The Company believes the Gramalote project has the potential to become a large scale open pit gold mine (subject to completion of a Feasibility Study, permitting and financing).

Batero Gold (TSX:BAT.V) is a precious and base metals exploration and development Company. The Company is focused on two primary objectives. The first of these objectives is the advancement of the La Cumbre oxide deposit. La Cumbre is located within the Company's 100% owned Batero-Quinchia Gold Project, which sits within Colombia's emerging and prolific Mid Cauca gold and copper belt. Batero is moving the La Cumbre oxide deposit towards the goal of making a production decision, once the appropriate level of study has been completed, and intends to first target the near and at surface higher grade oxidized gold mineralization at the deposit. Batero's second objective is to pursue opportunities to acquire prospective high-grade, production focused mineral properties in Colombia. In pursuing both these objectives, Batero plans to leverage its secure treasury position, strong regional relationships, experienced management team, and long-term financial partners.

Bellhaven Copper & Gold Inc. (TSX: BHV.V) is a Canadian-listed (TSX VENTURE:BHV) exploration company exploring for gold and copper in Panama and Colombia. The Company's goal is to be a leader in gold and copper development in Panama and Colombia. Bellhaven focuses on discovery, acquisition, and development of high-quality resources in a safe and responsible manner for the benefit of all of its stakeholders. The Company's flagship project is La Mina, a series of porphyry gold-(copper) deposits located in the Middle Cauca belt of Colombia. The total La Mina resource now includes 1.6 Moz gold and 419 million pounds of copper (or 2.55 Moz gold equivalent) contained in 79.9 million tonnes averaging 0.62 g/t Au, 0.24% Cu, or a gold equivalent grade of 1.0 g/t (based on a 0.30 g/t Au cutoff grade). The average grade of 1.0 g/t gold equivalent makes La Mina one of the highest grade gold-(copper) porphyry deposits in the Americas. The Company is currently seeking to develop and grow these resources through mine development and ongoing exploration of the La Mina and La Garrucha concessions.

Brazil Resources (TSX: BRI.V; OTC:BRIZF) is a public mineral exploration company with a focus on the acquisition and development of projects in emerging producing gold districts in Brazil , Paraguay and other parts of South America. Currently, the Company is advancing its Cachoeira, Montes Áureos, Trinta and Maua Gold Projects located in the Gurupi Gold Belt in the state of Maranhão, northeastern Brazil , and its Artulandia copper-Gold Project in central Brazil.

Cabo Drilling Corp. (TSX:CBE.V) is a drilling services company headquartered in North Vancouver, British Columbia, Canada. The Company provides mining related and specialty drilling services through its Canadian divisions in Surrey, British Columbia; Montreal, Quebec; Kirkland Lake, Ontario; and Springdale, Newfoundland; as well as Cabo Drilling de Mexico S.A. de C.V. of Hermosillo, Mexico; Cabo Drilling (Panama) Corp. of Panama, Republic of Panama; Cabo Drilling Spain S.L. of Sevilla, Spain; Balkan States Drilling SH.P.K. of Tirana, Albania; Cabo Drilling (Ghana) Limited of Accra, Ghana; and Cabo Drilling (International) Inc.

Camino Minerals (TSX:COR.V) is a new mineral exploration company that was formed in connection with Goldcorp's acquisition of Canplats. Camino is led by Canplats' former management, has approximately C$9.2 million in the treasury and is focused on precious and base metal projects located in Mexico.

Canasil Resources Inc. (TSX:CLZ.V) is a Canadian mining and mineral exploration company with a strong portfolio of precious and base metal (gold, silver, copper, zinc and lead) exploration projects in British Columbia, Canada and Durango, Sinaloa and Zacatecas States, Mexico. The Company’s directors and management include industry professionals with a consistent track record of identifying and advancing successful mineral exploration projects. Our corporate objective is to enhance shareholder value by increasing the value of the Company’s mineral properties through cost effective and responsible exploration and development. We also strive to identify and acquire new mineral exploration projects, which present opportunities for significant future added value for our shareholders

Colombian Mines Corporation (TSX:CMJ.V) is an aggressive exploration and development stage company with a distinct "first mover" advantage in Colombia and one of the largest portfolios of 100% direct owned mineral assets among comparable companies in Colombia. Focused on developing shareholder value through exploration and development of key projects, the Company is also one of Colombia's leading "Prospect Generators" and applies an aggressive business model of organic growth through exploration while leveraging shareholder value through strategic alliances. Colombia is widely recognized as a highly prospective, under-explored country with exceptional mineral potential.

Comstock Metals Ltd. (TSX:CSL.V) flagship project is the QV Property in the Yukon Territory, which covers 14,180 hectares (35,000 acres) within the prolific White Gold District in the Yukon Territory, about 70 kilometres south of Dawson City. Kinross Gold's Golden Saddle deposit is 10 km to the southeast, and Kaminak Gold's Coffee projects are about 40 km to the south. Comstock's Corona Gold-Silver Property is located in the prolific Sierra Madre Occidental in Chihuahua, Mexico. The Company completed a drill programme in the spring of 2012, which discovered two new zones of gold and silver mineralization.

Continental Gold Limited (TSX:CNL.TO) is an advanced-stage exploration and development company with an extensive portfolio of 100%-owned gold projects in Colombia. Spearheaded by a team with over 40 years of exploration and mining experience in Colombia, the Company is focused on advancing its high-grade Buriticá gold project to production.

Cosigo Resources Ltd. (TSX:CSG.V) is a Vancouver-based company exploring for gold deposits in Colombia and Brazil . Cosigo has assembled a strong team, well experienced in South America and in the exploration and mining-finance industries. The Company's flagship project is its 100% owned Machado Project in Taraira Gold Belt of southeastern Colombia where geological mapping and geochemical sampling have identified potentially gold-bearing strata over a strike-length of more than 20 km. Cosigo's ongoing work on the 9,973 hectare Machado Project is the first modern exploration program in an area known tohave hosted more than 100 historic gold mining operations.

Defiance Silver Corp. (TSX:DEF.V) is a near term silver producer engaged in the acquisition, exploration, and development of advanced silver projects in the Zacatecas Silver District, Mexico. The Company's efforts are focused on: 1) the exercising of an option to purchase the San Acacio Mine, 2) the purchase and refurbishment of the 200 tpd Santa Gabriela Mill, and 3) the definition of feed for the Santa Gabriela Mill from surface dumps and from the San Acacio Mine with its 43-101 compliant silver resource (reference Defiance Silver Corp New release dated October 25, 2012). Disclaimer: Although Defiance is working to bring the Santa Gabriela Mill and the San Acacio Mine back into production, Defiance has not completed a 43-101 compliant Feasibility Study. Hence the project has increased uncertainty and increased economic and technical risks of failure associated with its development.

Eco Oro Minerals Corp (TSX:EOM.TO) operates as a precious metals exploration and development company with a portfolio of projects in Colombia. It focuses on its Angostura gold-silver deposit located in northeastern Colombia. The company was formerly known as Greystar Resources Ltd. and changed its name to Eco Oro Minerals Corp. in August 2011.

Entrée Gold (TSX:ETG.TO) is a Canadian mineral exploration company focused on the worldwide exploration and development of gold and copper prospects. In North America, the Company is exploring for porphyry-related copper systems in Arizona and New Mexico under agreements with Empirical Discovery LLC and now in Nevada through an option agreement with HoneyBadger Exploration Inc. The Company is a large landholder in Mongolia, where it holds three exploration licenses comprising the 179,590 hectare Lookout Hill property. Lookout Hill completely surrounds the 8,500-hectare Oyu Tolgoi project of Ivanhoe Mines, and hosts the Hugo North Extension of the Hugo Dummett copper-gold deposit and the Heruga copper-gold-molybdenum deposit.

Estrella Gold Corp. (TSX:EST.V) Mineral exploration is inherently risky and Estrella increases the chances of success as a "Prospect Generator" focused on gold exploration in Latin America. Estrella identifies and acquires new mineral properties, conducts initial, low-cost exploration to define a potential new deposit and then forms joint ventures with other companies that will provide funding for more advanced exploration. Estrella has several active exploration properties in Perú, with four held in venture agreements.

Franklin Mining, Inc. (OTC:FMNJ) is a publicly traded international exploration and mining company, headquartered in Las Vegas, Nevada, with offices in Santa Cruz, Bolivia. The Company adheres to the highest standards of quality and efficiency by optimizing the Company's resources through a system which places the preservation of the environment among the Company's top objectives.  Franklin Mining, Inc. endeavors to find value in fields in which the projects can be explored and exploited while contributing to the socio-economic and cultural development of its society. The Company has developed model mining operations through safe, cost effective and innovative technologies. Franklin Mining Inc. has purposed to uphold a great social commitment and respect for the environment while creating a robust value for its shareholders, employees, and the region within which it operates.  Operating as the company's Energy Division, Franklin Oil and Gas will explore new energy-based opportunities throughout South America on behalf of major international oil and gas production companies.    

Gran Colombia Gold Corp (TSX:GCM.TO) is a Canadian-based gold and silver exploration, development and production company with its primary focus in Colombia . Gran Colombia is currently the largest underground gold and silver producer in Colombia with several underground mines in operation at its Segovia and Marmato Operations. In addition, Gran Colombia is advancing a project to develop a large-scale, gold and silver mine at its Marmato operations.

Hot Chili Limited (ASX:HCH.AX) is an ASX-listed Australian company that acquires and develops copper multi-commodity projects within Chile. The company has major interests in four large, multi-commodity copper projects and these projects target Iron-Oxide-Copper-Gold (IOCG) and porphyry style deposits with additional potential major endowments of molybdenum and gold. The company is focussed on achieving Growth and Development milestones at its Productora project, and in expanding the company’s project portfolio to ensure a sustainable future copper production hub in Chile's Regions III & IV. Chile is a premier mining country with a stable political regime and an established regulatory framework. Our projects enjoy many advantages, including strong local partnerships and excellent relationships with government.

Kootenay Gold Inc. (TSX:KTN.V) is an emerging exploration Company actively developing mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. The Company's top priority remains the ongoing development of its Promontorio Silver project in Sonora State, northwest Mexico, which encompasses the former producing Promontorio Silver Mine.

Mandalay Resources Corp. (TSX:MND.TO) is a Canadian-based natural resource company with producing and exploration assets in Australia and Chile. The Company is focused on executing a roll-up strategy, creating critical mass by aggregating advanced or in-production gold, copper, silver and antimony projects in Australia and the Americas to generate near-term cash flow and shareholder value.

Minaurum Gold Inc. (TSX:MGG.V) is focused on its projects in the Guerrero Gold Belt, Mexico. Surface work continues at the Vuelcos del Destino, El Pórfido, and Jackie projects.

Miranda Gold Corp. (TSX:MAD.V) is a gold exploration company active in Nevada and Colombia and whose emphasis is on generating gold exploration projects with world-class discovery potential. Miranda performs its own grass roots exploration and then employs a joint venture business model on its projects in order to maximize exposure to discovery while minimizing exploration risk. Miranda has ongoing relationships with Agnico Eagle Mines Ltd., Montezuma Mines Inc., Navaho Gold Ltd., Ramelius Resources Ltd., and Red Eagle Mining Corporation.

Orovero Resources Corp. (TSX:OVR.V) is a company focused on gold, copper and silver exploration in Peru. The Company has a very strong portfolio of 100%-owned highly prospective projects, totaling 25,000 hectares, and offering multiple opportunities for a significant discovery. Orovero is a member of the Grosso Group, a management company active in the resource exploration industry since 1993, and working in Peru since 1995.

Panoro Minerals Ltd. (TSX:PML.V) is a Canadian mineral exploration company.Panoro's strategic focus is on exploring for large-potential gold and copper/gold deposits in countries with the corresponding geological potential and where the right political and economic conditions are present.

Primero Mining Corp. (TSX:P.TO) is a Canadian-based precious metals producer and owns 100% of the San Dimas gold-silver mine in Mexico. Primero is focused on delivering superior, sustainable value for all stakeholders with low-risk exposure to gold. The Company intends to become an intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas.

Seafield Resources Ltd. (TSX:SFF.V) is a mineral exploration company currently focused on advancing its Miraflores Gold Deposit towards feasibility level. Seafield's 6,757-hectare Quinchía Gold Project is located in the Department of Risaralda of Colombia. SRK Consulting Inc.'s (Denver) Preliminary Economic Assessment on the Miraflores Deposit indicates robust economics with a pre-tax internal rate of return of 50% and a pre-tax net present value (8%) of $249M. The Company cautions that mineral resources are not mineral reserves and do not have demonstrated economic viability. Miraflores currently has a NI 43-101 compliant Measured and Indicated resource estimate of 1,816,000 ounces gold at 0.78 g/t Au and 3,555,000 ounces silver at 1.5 g/t Ag (72.6 million tonnes at a cut-off of 0.27 g/t Au) and an Inferred resource estimate of 62,000 ounces gold at 0.51 g/t Au and 275,000 ounces silver at 2.3 g/t Ag (3.8 million tonnes at a cut-off of 0.27 g/t Au). Additionally, the Company has a NI 43-101 compliant resource estimate for its Dosquebradas Deposit, also part of the Quinchía Gold Project, with an Inferred resource estimate totaling 920,772 ounces gold at 0.5 g/t Au (57Mt at a cut-off of 0.3 g/t Au).

Silver Bull Resources (TSX:SVB.TO; NYSE MKT:SVBL) is a well funded US registered mineral exploration company listed on both the NYSE MKT and TSX stock exchanges and based out of Vancouver, Canada. The flag ship "Sierra Mojada" project is located 150 kilometers north of the city of Torreon in Coahuila, Mexico, and is highly prospective for silver and zinc. Silver Bull also has 2 mineral licenses in Gabon, Central Africa, which are prospective for gold, manganese, and iron ore.

Silvercrest Mines Inc. (TSX:SVL.V;  NYSE MKT: SVLC) is a Canadian precious metals producer headquartered in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, México. The mine is a high-grade, epithermal silver and gold producer, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag: Au) which produced 33,004 ounces of gold and 579,609 ounces of silver in 2012. Major expansion and construction of a 3000 tonnes per day conventional mill facility is underway to significantly increase metals production at the Santa Elena Mine (open pit and underground) by 2014. Exploration programs continue to make new discoveries at Santa Elena and have rapidly advanced the definition of a large polymetallic deposit at the La Joya property in Durango State.

Southern Silver Exploration Corp (TSX:SSV.V; Frankfurt: SEG.F) is focused on the exploration and development of quality assets, in significant mineralized trends, close to infrastructure. Its current projects include the copper/gold/silver Minas de Ameca project and the silver/zinc/lead Pinabete project in Mexico, the Dragoon Porphyry project in Arizona and the Oro project in New Mexico.

Tarsis Resources Ltd. (TSX:TCC.V) is an exploration company following the prospect generator business model, with thirteen mineral properties in Yukon, Canada and one in Mexico. The Company acquires projects on attractive terms, adds value and then vends or options out projects to partners for advancement

Tinka Resources Ltd. ( TSX:TK.V) is a junior resource acquisition and exploration company. Tinka's main focus is on its 100% owned Colquipucro and Ayawilca projects located in the highly mineralized silver-lead-zinc belt of Central Peru.

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Mining in Mexico: Q&A with SilverCrest Mines Inc. (TSX.V: SVL) (NYSE MKT: SVLC)

Point Roberts, WA / New York, NY - June 14, 2013 (Investorideas.com Mining Stocks Newswire) Investorideas.com, a leader in sector research for independent investors, including mining stocks, presents an exclusive Q&A with SilverCrest Mines Inc. ( TSX.V: SVL ) ( NYSE MKT: SVLC) (CW5.F), a company with its flagship property in the State of Sonora, México.

This interview is part of an ongoing series of articles on investment opportunities within the four countries of the Pacific Alliance, (Colombia, Chile, Mexico and Peru) with a primary focus on mining and oil and gas stocks.
Q: Investorideas.com
Scott, can you give investors a brief history of when your company first invested in the Mexico property and why ?
A: J. Scott Drever , Chief Executve Officer, Chairman
SilverCrest had its first major effort in Mexico in 2005 with the acquisition of the Santa Elena project. We transitioned to Mexico from some very bad experiences in Honduras and El Salvador with changing mining laws and concentrated NGO opposition to mining. Mexico on the other hand has turned out to be one of the best jurisdictions for mining of all the countries I have worked in during my rather lengthy career. The relatively untapped potential for economic mineral deposits, decent infrastructure and access along with a pool of qualified people make the country all that more attractive.
Q: Investorideas.com
Can you give investors a brief update on the reserves and estimates on the Santa Elena Mine, in the State of Sonora, México?
A: J. Scott Drever, Chief Executive Officer
After an extensive program of development drilling over the last 12 months we recently announced new reserve and resource estimates for Santa Elena. Our total probable reserve currently stands at 8.19 million tonnes grading 1.24 gpt gold and 74.9 gpt silver and containing 327,000 ounces of gold and 19.75 million ounces of silver. This should be sufficient reserves for approximately 8 years of production starting in January of 2014 when our new 3000 tonne per day conventional mill should be operational. Of course there are also indicated and inferred resources containing another 188,000 ounces of gold and 15.36 million ounces of silver. We are also making discoveries of additional zones as we continue to explore and develop the underground reserves so we are confident the mine life can be extended beyond the expected 8 years..
Q: Investorideas.com
The company has announced expansion plans to almost double the annual metals production in 2014 at the Santa Elena Mine. Separate from the company, is there direct benefit back to the State of Sonora and Mexico?
A: J. Scott Drever , Chief Executive Officer
The returns to the local, state and federal governments take the form of corporate taxes, direct and spin off employment benefits, utilization of construction and operating contractors and service and equipment purchases from local suppliers. We currently have approximately 450 people on site engaged in our operations and construction of the mill related facilities. SilverCrest has about 150 direct employees with contractors for operations and construction employing another 300 people nearly all of which are Mexican nationals and all of which pay state, federal and local taxes. Through our Corporate Social Responsibility initiatives we provide support for such things as municipal infrastructure, community improvement projects, health care and scholarships for local graduates.
Q: Investorideas.com
Since you have been involved in Mexico, what have been the biggest obstacles to overcome in mining there ?
A: J. Scott Drever, Chief Executive Officer
Compared to other jurisdictions I have worked in the challenges in Mexico have been minimal. We have had excellent cooperation from all levels of government, there is rule of law where ever we have worked and most importantly the mining law and environmental permitting process are well established. If you do things in a proper manner the permits will be forth coming in a timely manner. SilverCrest’s main challenge in developing the Santa Elena was not anything in Mexico but the dearth of financing options during in the 2008-09 financial crisis.
Q: Investorideas.com
The intent of the recent formation of the Pacific Alliance( Colombia, Mexico, Chile and Peru) was to create an environment that is investment friendly and to encourage new business and trade. Do you see improvements that would motivate new companies to enter the mining space, since that is your area of expertise?
A: J. Scott Drever, Chief Executive Officer
I am not terribly familiar with the mandate of the Pacific Alliance nor have I seen any of their specific initiatives. However, from my perspective, based of some fairly subjective information, I would say that Colombia has made some positive progress, most of Mexico is still very attractive for mining projects but I think both Peru and Chile have regressed in terms of creating an attrative environment for mining investment.The recent moves by many governments to secure greater and greater interests in or returns from mining projects without assuming any of the risks is certainly a disincentive to most mining companies.
About SilverCrest Mines Inc.
SilverCrest Mines Inc. (TSX VENTURE: SVL) (NYSE MKT: SVLC) is a Canadian precious metals producer headquartered in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, México. The mine is a high-grade, epithermal gold and silver producer, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag: Au). SilverCrest anticipates that the 2,500 tonnes per day open pit heap leach facility at the Santa Elena mine should recover approximately 625,000 ounces of silver and 33,000 ounces of gold in 2013. An expansion plan, which is centered on the construction of a 3000 tonne per day conventional mill, is well underway to increase the annual metals production in 2014 by about 60% at the Santa Elena Mine (open pit and underground). Exploration programs have rapidly advanced the definition of a large polymetallic deposit at the La Joya property in Durango State with stated resources nearing 200 million ounces of Ag equivalent. www.silvercrestmines.com
About the Pacific Alliance:
The Pacific Alliance is the coalition of four countries with a coastline facing the Pacific Ocean ( Colombia, Mexico, Chile and Peru), seeking to act as a bloc on topics of trade and investment to ensure open mobilization of goods, services, capital and people. The Alliance was created in April 2011 by the Lima Declaration.
The Alliance is based on the affinity between these countries on matters related to market economy, openness to foreign investment, increased trade strategy and political and economic relations with the Asia-Pacific region.
The four countries that make up the coalition represent about 206 million people (equivalent to the total population of Brazil) and generate a gross domestic product (GDP) of U.S. $ 1.7 billion, equivalent to 34% percent of Latin America, with a GDP per capita of around U.S. $ 11 billion. Colombia, Mexico, Chile and Peru account for half of the region's foreign trade: U.S. $ 471 billion in exports and $ 453 billion in imports and are recipients of nearly $ 53 billion in FDI 2.
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Disclaimer / Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: SilverCrest Mines has compensated Investorideas.com for the distribution and publishing of this news release (annual news publication 9700)
Note: all content in this Q&A is based on recently reported results from the company.
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Contact SilverCrest Mines: Fred Cooper
Telephone: (604) 694-1730 ext. 108
Fax: (604) 694-1761
Toll Free: 1-866-691-1730
Email: info@silvercrestmines.com
Website: www.silvercrestmines.com
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Mining Stock Alert: SilverCrest (TSX.V: SVL) (NYSE MKT: SVLC) Reports Results of AGM; Announces Officer and Director Appointments

VANCOUVER, BRITISH COLUMBIA - June 13, 2013 (Investorideas.com Mining Stocks Newswire) SilverCrest Mines Inc. (TSX.V:SVL) ( NYSE MKT: SVLC) (CW5.F) ("SilverCrest" or the "Company") is pleased to announce the results of its Annual General Meeting of Shareholders ("AGM") held Tuesday in Vancouver, B.C.

Shareholders voted in favour of all items of business, including the election of each director nominee. A total of 50,906,857 votes were cast representing 47.15% of the issued common shares as of the record date for the meeting, as follows:

Directors	Votes by Ballot in Favour	Votes by Ballot Withheld
J. Scott Drever	32,567,693 (96.88%)	1,049,653 (3.12%)
Ross O. Glanville	32,752,654 (97.43%)	864,692 (2.57%)
Barney Magnusson	31,465,626 (93.60%)	2,151,720 (6.40%)
George W. Sanders	32,708,854 (97.30%)	908,492 (2.70%)
Graham C. Thody	32,552,774 (96.83%)	1,064,572 (3.17%)

Shareholders voted 70.62% in favour of the Company's Stock Option Plan and voted 99.57% in favour of the implementation of an Advance Notice Policy for the nomination of Directors. In addition, shareholders voted in favour to re-appoint Davidson & Company, Charted Accountants, as auditor of the Company.
At the Board of Directors meeting following the AGM, Mr. J. Scott Drever, Chairman and President of the Company, was appointed as Chairman and Chief Executive Officer of the Company. Mr. N. Eric Fier, currently the Chief Operating Officer of the Company, was appointed President as well as Chief Operating Officer and was also appointed to the Board of Directors of the Company.
J. Scott Drever, CEO, stated; "We were pleased to see good attendance of shareholders and interested investors at our meeting as well a strong voting of proxies in favour of all items of business. The appointment of Eric Fier as President and Chief Operating Officer resulted from extensive discussions among the Directors and management as to how the succession of leadership of the executive management can transition as SilverCrest continues to grow and expand. Eric is most deserving and more than capable of assuming the duties and responsibilities of the office of President and will have the full support of the Board, management, employees and staff as he assumes his new duties and implements the corporate strategies for growth."
Graham Thody was re-appointed Chair of the Audit Committee; George W. Sanders was re-appointed Chair of the Corporate Governance and Nominating Committee and Ross. O. Glanville was re-appointed Chair of the Compensation Committee.
SilverCrest Mines Inc. (TSX VENTURE:SVL)(NYSE MKT:SVLC) is a Canadian precious metals producer headquartered in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, M�xico. The mine is a high-grade, epithermal silver and gold producer, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag: Au) which produced 33,004 ounces of gold and 579,609 ounces of silver in 2012. Major expansion and construction of a 3000 tonnes per day conventional mill facility is underway to significantly increase metals production at the Santa Elena Mine (open pit and underground) by 2014. Exploration programs continue to make new discoveries at Santa Elena and have rapidly advanced the definition of a large polymetallic deposit at the La Joya property in Durango State.
N. Eric Fier, CPG, P.Eng, President and Chief Operating Officer
SILVERCREST MINES INC.
Contact:
SilverCrest Mines Inc.
Fred Cooper
(604) 694-1730 ext. 108
Toll Free: 1-866-691-1730
(604) 694-1761
info@silvercrestmines.com
www.silvercrestmines.com
Published at Investorideas.com Newswire
Disclaimer / Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: SilverCrest Mines has compensated Investorideas.com for the distribution and publishing of this news release (annual news publication 9700) http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894