#Mining News: #SilverCrest (TSXV: $SIL.V; OTCQX: $SVCMF) Expands High-Grade Babicanora Norte Vein & Adds More Veins

#Mining News: #SilverCrest (TSXV: $SIL.V; OTCQX: $SVCMF) Expands High-Grade Babicanora Norte Vein & Adds More Veins

• 2.2 Metres Grading 7,436 gpt AgEq
• 2.1 Metres Grading 1,286 gpt AgEq
• 1.4 Metres Grading 6,695 gpt AgEq

Vancouver, British Columbia - July 24, 2018 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSXV: SIL.V; OTCQX: SVCMF) ("SilverCrest" or the "Company") is pleased to announce further Phase III drill results for the Las Chispas Property (the "Property") located in Sonora, Mexico. Step-out drilling of the Babicanora Norte Vein, since the Company's news release on May 29, 2018, announcing the discovery of this vein, has intersected additional high-grade silver-gold mineralization (see attached Figures). The Babicanora Norte Vein is parallel to the Babicanora Vein and approximately 300 metres northeast. The vein appears to connect with the Granaditas area, which has multiple drill-tested veins to the southeast.

Read this in full at http://www.investorideas.com/CO/SILV/news/2018/07241BabicanoraNorte.asp

We are increasing the number of identified epithermal veins on the Property to 30 from 23 (see attached Figures). Eleven (11) of these veins have been partially drilled and intersected high-grade silver-gold mineralization, including the Babicanora, Babicanora FW, Babicanora Norte, Las Chispas, Giovanni, which includes La Blanquita, William Tell, Varela, Granaditas, Luigi and Amethyst veins. Five of the 30 veins were included in the maiden resource (see "Technical Report and Mineral Resource Estimate for the Las Chispas Property, Sonora, Mexico", effective February 12, 2018, and amended May 9, 2018 (the "Technical Report and MRE")).

N. Eric Fier, CPG, P.Eng, and CEO, remarked, "We continue with our successful Phase III expansion drill program with further high-grade silver-gold intercepts in multiple veins at Las Chispas. This most recent drilling of the Babicanora Norte Vein intercepted native silver, silver oxides, and fine-grained free gold in several holes along an estimated strike length of 900 metres, expanded from the previous 200 metres. We now have identified 30 epithermal veins on the Property with a total cumulative strike length of approximately 20 kilometres, of which 5 kilometres have been partially drilled and only 3.5 kilometres were included in the maiden resource. We are currently step-out drilling with nine core rigs at the Babicanora Norte, Granaditas, Luigi and Babicanora veins, including the Area 51 southeast extension. We are systematically working towards an updated resource in Q3, 2018."

The most significant result for this release was returned from Hole BAN18-10, which intersected 2.2 metres (true width) grading 61.36 grams per tonne ("gpt") gold and 2,833.5 gpt silver, or 7,436 gpt silver equivalent ("AgEq", based on 75 (Ag):1 (Au) calculated using long-term silver and gold prices of US$18.50 per ounce silver and US$1,225 per ounce gold, with average metallurgical recoveries of 86.6% silver and 98.9% gold). Also noteworthy are Hole BAN18-26 at 1.4 metres grading 51.43 gpt gold and 2,838.0 gpt silver, or 6,695 gpt AgEq and Hole BAN18-27 at 2.1 metres grading 6.54 gpt gold and 795.3 gpt silver, or 1,286 gpt AgEq. The following table summarizes the most significant drill intercepts for this news release (uncut, undiluted).

Babicanora Norte Vein Drill Intercepts;

Note: all numbers are rounded.
* AgEq based on 75 (Ag):1 (Au) calculated using long-term silver and gold prices of US$18.50 per ounce silver and US$1,225 per ounce gold, with average metallurgical recoveries of 86.6% silver and 98.9% gold.

All assays were completed by ALS Chemex in Hermosillo, Mexico, and North Vancouver, BC, Canada.

Drill holes BAN18-15 and 17 to 25 intercepted quartz veining/stockwork and anomalous mineralization, but are below the Company's 150 gpt AgEq cutoff. Holes BAN18-10, 26, and 27 contain argentite, native silver, silver oxides (chalky white) and free gold. BAN18-26 also contains secondary mineralization with acanthite and polybasite crystals (silver sulfides) in quartz and amethyst cavities (see attached Figures).

The Babicanora Norte Vein has drill intercepted high-grades (201 gpt AgEq to 7,436 gpt AgEq in 14 core holes) over approximately 900 metres along strike and 75 to 125 metres high. More drilling is required to fully understand the high-grade constraints, which may change the size and shape currently suggested (see attached Figures). High-grade intercepts in drill holes BAN18-11, 14, 26 and 27 are in the same projected high-grade structural corridor as Area 51 (Babicanora Vein), which has an Inferred Resource of an estimated 32.2 million ounces AgEq grading 1,026 gpt AgEq (see "Technical Report and MRE").

Not included in the above tables are the following additional drill intercepts of a new unnamed vein located between the Babicanora and Babicanora Norte veins:

• BAN18-11; 0.5 metres grading 2.43 gpt gold and 182 gpt silver, or 364 gpt AgEq.
• BAN18-14; 0.5 metres grading 2.80 gpt gold and 198 gpt silver, or 408 gpt AgEq.

This new vein may be the northwest extension of the Granaditas Vein. The number of veins appear to be increasing as new discoveries are being made east and southeast of the Babicanora area. Drilling on the Babicanora Norte Vein continues to intercept the new vein. Further drilling is underway for both Babicanora Norte and the new adjacent vein.

Several deeper Babicanora Norte drill holes to date have intercepted a wide (up to 6 metres) fluorite-enriched vein and breccia with anomalous gold approximately 100 metres below the Babicanora Norte Vein. These fluorite intercepts may be the downward extension of another unknown vein. Surface alteration above these projected intercepts suggest a shallower target for future drilling.

The Company continues its Phase III exploration program with nine (9) drills on site, seven on surface and two underground. Drills are focused on expanding mineralization for inclusion in the updated resource anticipated in Q3, 2018. An additional 3,000 to 5,000 metres of future drilling are planned for inclusion in the updated resource. Other ongoing site work includes continued underground mapping and sampling on the Las Chispas Vein, testing drilled wells for site water, permitting for various additional work, and reviewing of the maiden resource model for optimization and update.

The Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects for this news release is N. Eric Fier, CPG, P.Eng, and CEO for SilverCrest, who has reviewed and approved its contents.

ABOUT SILVERCREST METALS INC.
SilverCrest is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company's current focus is on the high-grade, historic Las Chispas mining district in Sonora, Mexico. SilverCrest is the first company to successfully drill-test the historic Las Chispas Project resulting in numerous discoveries. The Company is led by a proven management team in all aspects of the precious metal mining sector, including taking projects through discovery, finance, on time and on budget construction, and production.

FORWARD-LOOKING STATEMENTS

This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. These include, without limitation, statements with respect to: the strategic plans, timing and expectations for the Company's exploration, rehabilitation and drilling programs of the Las Chispas Property, including drilling test water wells, permitting for various work, and optimizing and updating the Company's resource model; information with respect to high grade areas and size of veins projected from underground sampling results and drilling results; and the accessibility of future mining at the Las Chispas Property. Such forward‑looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: the conditions in general economic and financial markets; availability of skilled labour; timing and amount of expenditures related to rehabilitation and drilling programs; and effects of regulation by governmental agencies. The actual results could differ materially from those anticipated in these forward-looking statements as a result of risk factors including: the timing and content of work programs; results of exploration activities; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project cost overruns or unanticipated costs and expenses; and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

N. Eric Fier, CPG, P.Eng.
Chief Executive Officer
SilverCrest Metals Inc.

For Further Information:

SilverCrest Metals Inc.
Contact:Fred Cooper, Investor Relations
Telephone:+1 (604) 694-1730
Fax:+1 (604) 357-1313
Toll Free:1-866-691-1730 (Canada & USA)
Email:info@silvercrestmetals.com
Website:www.silvercrestmetals.com
570 Granville Street, Suite 501
Vancouver, British Columbia 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.

Figure 1: Babicanora Norte Vein Long Section Looking Southwest, 24 July 2018

Figure 2: Babicanora Area w/Defined Veins, 24 July 2018

SilverCrest Metals Inc. (TSXV: SIL.V; OTCQX: SVCMF) is a featured company on Investorideas.com

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#Mining News: #SilverCrest (TSXV: $SIL.V; OTCQX: $SVCMF) Expands Babicanora Footwall Vein High-Grade Footprint

#Mining News: #SilverCrest (TSXV: $SIL.V; OTCQX: $SVCMF) Expands Babicanora Footwall Vein High-Grade Footprint

·       Multiple Intercepts of Greater Than 1,000 gpt AgEq

·       1.5 Meters Grading 10,629 gpt AgEq

Vancouver, British Columbia - July 10, 2018 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSXV: SIL.V; OTCQX: SVCMF) ("SilverCrest" or the "Company") is pleased to announce further Phase III drill results for the Las Chispas Property (the "Property") located in Sonora, Mexico. Step out drilling of the Babicanora Footwall ("FW") Vein has intersected additional high-grade mineralization (see attached Figures). The Babicanora FW Vein is sub-parallel to the Babicanora Vein. This vein is approximately 30 metres north of the Babicanora Vein in the northwestern part of the area and appears to intersect the Babicanora Vein near Area 51. There are 23 identified epithermal veins on the Property, including 11 which have drill-intersected high-grade mineralization consisting of the Babicanora, Babicanora FW, Babicanora Norte, Las Chispas, Giovanni including La Blanquita, William Tell, Varela, Granaditas, Luigi and Amethyst veins. Five of the 23 veins have been included in the maiden resource (refer to "Technical Report and Mineral Resource Estimate for the Las Chispas Property, Sonora, Mexico", effective February 12, 2018 and amended May 9, 2018).

Read this news in full at http://www.investorideas.com/CO/SILV/news/2018/07101Babicanora.asp

N. Eric Fier, CPG, P.Eng, and CEO, remarked, "We continue to be successful with our expansion drilling program with further high-grade intercepts in multiple veins at Las Chispas. This most recent drilling of the Babicanora FW Vein has intercepted high-grade precious metal mineralization along a drill-tested strike length of 250 metres, expanded from the previous 150 metres. We are currently step out drilling with nine core rigs at the Babicanora Norte, Granaditas, Luigi and Babicanora veins including Area 51 southeast extension that has been recently permitted for work. We are systematically working towards an updated resource for Q3, 2018."

The most significant result for this release was returned from Hole BA18-83, which intersected 1.5 metres (true width) grading 54.59 grams per tonne ("gpt") gold and 6,534.9 gpt silver, or 10,629 gpt silver equivalent ("AgEq", based on 75 (Ag):1 (Au) calculated using long-term silver and gold prices of US$18.50 per ounce silver and US$1,225 per ounce gold, with average metallurgical recoveries of 86.6% silver and 98.9% gold). Also noteworthy is Hole BA18-85 at 2.5 metres grading 6.04 gpt gold and 368.8 gpt silver, or 822 gpt AgEq. The following table summarizes the most significant drill intercepts (uncut, undiluted) for this release.

Babicanora FW Vein (Expansion holes);

Babicanora Vein (Confirmation holes);

Note: all numbers are rounded.

* AgEq based on 75 (Ag):1 (Au) calculated using long-term silver and gold prices of US$18.50 per ounce silver and US$1,225 per ounce gold, with average metallurgical recoveries of 86.6% silver and 98.9% gold.

All assays were completed by ALS Chemex in Hermosillo, Mexico, and North Vancouver, BC, Canada.

All drill holes intercepted both the Babicanora and Babicanora FW veins. Drill holes BA18-84 and 90 intercepted anomalous mineralization in both veins, but are below the Company's 150 gpt AgEq cutoff and not part of the high-grade footprint. Hole BA18-84 was drilled to the southeast of Area 51. Hole BA18-88 intercepted reportable grade in the Babicanora Vein within the high-grade footprint but no significant intercept in the Babicanora FW Vein. Holes BA18-86 and 87 were drilled off section on the northwest strike of the Amethyst Vein and were below cutoff grade. Hole BA18-83 contained acanthite, native silver and visible gold.

Not included in the above tables are the following additional intercepts of unnamed veins adjacent to the Babicanora Vein and Babicanora FW Vein;

·        Hole BA18-83 above Babicanora Vein; 0.5 metres grading 498 gpt AgEq.

·        Hole BA18-83 below Babicanora FW Vein; 2.45 metres grading 955 gpt AgEq.

Four high-grade intercepts are reported in Hole BA18-83 suggesting a near vertical high-grade zone (see attached Figures). Additional drilling in this zone is planned for H2 2018.

The Babicanora FW Vein high-grade footprint now measures an estimated 250 metres along strike and 125 metres high. Approximately 150 metres (strike length) of this footprint were part of the maiden resource inclusive of the Babicanora Vein. The additional 100 metres, which includes Hole BA18-83 and 85 high-grade intercepts, will be used for the Q3 updated resource.

Drill intercepts in the Babicanora Vein confirm the previously announced high-grade footprint and maiden resources. New results will be incorporated into the update resource.

The Company continues its Phase III exploration program with nine (9) drills on site, seven on surface and two underground. Drills are focused on expanding mineralization for inclusion in the updated resource anticipated for Q3, 2018. The Company has drilled a total of approximately 22,800 metres for Phase III, or an estimated 74,500 metres cumulatively on the Property since 2016. An additional 5,000 to 10,000 metres of drilling are planned for inclusion in the updated resource. Other ongoing site work includes continued underground mapping and sampling on the Las Chispas Vein, drilling test wells for site water, permitting for various additional work, and reviewing of the maiden resource model for optimization and update.

The Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects for this news release is N. Eric Fier, CPG, P.Eng, and CEO for SilverCrest, who has reviewed and approved its contents.

ABOUT SILVERCREST METALS INC.
SilverCrest is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company's current focus is on the high-grade, historic Las Chispas mining district in Sonora, Mexico. SilverCrest is the first company to successfully drill-test the historic Las Chispas Project resulting in numerous discoveries. The Company is led by a proven management team in all aspects of the precious metal mining sector, including taking projects through discovery, finance, on time and on budget construction, and production.

FORWARD-LOOKING STATEMENTS

This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. These include, without limitation, statements with respect to: the strategic plans, timing and expectations for the Company's exploration, rehabilitation and drilling programs of the Las Chispas Property, including drilling test water wells, permitting for various work, and optimizing and updating the Company's resource model; information with respect to high grade areas and size of veins projected from underground sampling results and drilling results; and the accessibility of future mining at the Las Chispas Property. Such forward‑looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: the conditions in general economic and financial markets; availability of skilled labour; timing and amount of expenditures related to rehabilitation and drilling programs; and effects of regulation by governmental agencies. The actual results could differ materially from those anticipated in these forward-looking statements as a result of risk factors including: the timing and content of work programs; results of exploration activities; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project cost overruns or unanticipated costs and expenses; and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

Figure 1: Las Chispas Property - Plan View

Figure 2: Long Section (Inclined) of Babicanora Footwall (FW) Vein

Figure 3: Long Section (Inclined) of Babicanora Vein

N. Eric Fier, CPG, P.Eng.
Chief Executive Officer
SilverCrest Metals Inc.

For Further Information:

SilverCrest Metals Inc.
Contact:Fred Cooper, Investor Relations
Telephone:+1 (604) 694-1730
Fax:+1 (604) 357-1313
Toll Free:1-866-691-1730 (Canada & USA)
Email:info@silvercrestmetals.com
Website:www.silvercrestmetals.com
570 Granville Street, Suite 501
Vancouver, British Columbia 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.

SilverCrest Metals Inc. (TSXV: SIL.V; OTCQX: SVCMF) is a featured company on Investorideas.com

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: Investorideas.com is compensated by SilverCrest Metals Inc for annual news publishing effective January 2017.

Additional info regarding BC Residents and global Investors: 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. Global investors must adhere to regulations of each country

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Investorideas.com - #Cleantech Stocks, #Mining Stocks and New #Blockchain ETF added to Investor Ideas; $ECCTF, $POND.V, $SXX.C and $BKCH.TO

Investorideas.com - #Cleantech Stocks, #Mining Stocks and New #Blockchain ETF added to Investor Ideas; $ECCTF, $POND.V, $SXX.C and $BKCH.TO

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#Mining & #Lithium Stocks; (TSX: $PORE.V; CSE: $AJN.C, $CAT.C, $NJMC.C) added to Investor Ideas

#Mining & #Lithium Stocks; (TSX: $PORE.V; CSE: $AJN.C, $CAT.C, $NJMC.C) added to Investor Ideas

Point Roberts, WA, Delta BC – June 22, 2018 – Investorideas.com, a global news source and leading investor resource covering actively traded sectors announces this week’s additions to its global stock directories in mining & lithium mining.

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New mining stocks are all Canadian Exchange listed (CSE & TSX) and include a company mining for gold assets with the rest involved in lithium and other battery metals asset mining, thus putting them on the battery and lithium sectors of our renewable energy stock lists as well.

New Mining Companies

Power Ore (TSX:PORE.V) is positioning itself to be the owner of a diversified portfolio of battery metal assets in Canada, and is focused on two things: Assets whose metals are used in the manufacture of Batteries for Electrical Vehicles specifically, Cobalt and Nickel; and Advanced stage assets in Canada where discoveries have been made, mineralization is well understood and infrastructure is in place.

AJN Resources Inc. (CSE:AJN) is an exploration and development company formed for the purposes of acquiring, exploring and if warranted and feasible, developing Lithium resource properties.  We acquire and develop properties of demonstrated potential.  AJN’s management and directors possess over 75 years of collective industry experience and have been very successful from exploration, to financing, to developing major mines throughout the world.

Chimata Gold Corp. (CSE:CAT)  is a Canadian company founded in 2010 and based in Vancouver, Birtish Columbia. Chimata is engaged in the acquisition, exploration and development of mineral properties in Canada and abroad, namely currently in Zimbabwe. Its current focus is to conduct the proposed exploration program on the BAM Property and the Troilus North Property and developing potential lithium mining properties and assets located in Zimbabwe, at the Kamativi Tin mine. Chimata continues to identify and potentially acquire additional property interests and conduct exploration and evaluation to assess their potential along with the identification of strategic alliances, acquisitions or joint ventures.

New Jersey Mining Company (CSE:NJMC) is headquartered in North Idaho, where it is producing gold at its Golden Chest Mine. NJMC has established a high-quality, early to advanced-stage asset base in three historic mining districts of Idaho and Montana, developed with more than $50-million by NJMC and other companies. The Company’s objective is to use its considerable in-house skill sets to build a portfolio of mining and milling operations, with a longer-term vision of becoming a mid-tier producer.

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Investorideas.com - Two Companies Whose High-Grade Deposits Straddle the US-Mexican Border

Investorideas.com - Two Companies Whose High-Grade Deposits Straddle the US-Mexican Border

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#Mining News: #SilverCrest (TSXV: $SIL.V; OTCQX: $SVCMF) Intercepts 1.8 Metres @ 2,350 gpt AgEq in Granaditas Vein; Delineates High-Grade Footprint Averaging 1.5 Metres @ 1,022 gpt AgEq

#Mining News: #SilverCrest (TSXV: $SIL.V; OTCQX: $SVCMF) Intercepts 1.8 Metres @ 2,350 gpt AgEq in Granaditas Vein; Delineates High-Grade Footprint Averaging 1.5 Metres @ 1,022 gpt AgEq

Vancouver, British Columbia - June 12, 2018 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSXV: SIL.V; OTCQX: SVCMF) ("SilverCrest" or the "Company") is pleased to announce new drill results for the Granaditas Vein and initial delineation of its high-grade footprint on the Las Chispas Property (the "Property") located in Sonora, Mexico. The Company first drilled two holes in the Granaditas Vein in 2017 (see news release dated October 19, 2017) and re-commenced drilling of this vein in early 2018. The compilation of these new drill holes outlines the high-grade footprint (see attached Figures). This vein is parallel to the Babicanora and Babicanora Norte veins and is approximately 400 metres southeast of Area 51, which is the highest-grade mineralized area of the Babicanora Vein having average resource grades greater than 1,000 grams per tonne ("gpt") silver equivalent ("AgEq", defined below). There are 23 known epithermal veins on the Property, including 11 which have drill-intersected high-grade mineralization and consist of the Babicanora, Babicanora Footwall, Babicanora Norte, Las Chispas, Giovanni including La Blanquita, William Tell, Varela, Granaditas, Luigi and Amethyst veins. Five of the 23 veins have been included in the maiden resource (refer to "Technical Report and Mineral Resource Estimate for the Las Chispas Property, Sonora, Mexico", effective February 12, 2018 and amended May 9, 2018).

Read this news in full at  http://www.investorideas.com/CO/SILV/news/2018/06121GranaditasVein.asp

N. Eric Fier, CPG, P.Eng and CEO, remarked, "With this confirmed discovery of continuous high-grade mineralization in the Granaditas Vein, we continue to increase our near-surface high-grade footprint in the district. In early 2017, the Company received from a local rancher a historic map showing the location of the Granaditas Mine that was operated by the Spanish in the early 1800's. Up until receipt of the map, the location of the mine was unknown and documented as a lost Spanish mine. Historic reports show that approximately 3 million ounces of silver were mined from the Granaditas Vein to a depth of 90 feet where water was encountered. SilverCrest drilled below this depth and intercepted high-grade mineralization using the same geologic controls as other high-grade veins in the district. It is our intention to further drill test the Granaditas, Babicanora Norte, Babicanora, Babi Sur, Luigi and other veins during the next couple of months and include the results in the proposed updated resource planned for Q3 2018."

The most significant result for this release was returned from Hole GR18-04, which intersected 1.8 metres (true width) grading 12.14 grams per tonne ("gpt") gold and 1,440.3 gpt silver, or 2,350 gpt silver equivalent ("AgEq", based on 75 (Ag):1 (Au) calculated using long-term silver and gold prices of US$18.50 per ounce silver and US$1,225 per ounce gold, with average metallurgical recoveries of 86.6% silver and 98.9% gold), including 0.4 metres grading 9,183 gpt AgEq. The following table summarizes the most significant drill intercepts (uncut, undiluted) for the Granaditas Vein:

Note: all numbers are rounded.
*AgEq based on 75 (Ag):1 (Au) calculated using long-term silver and gold prices of US$18.50 per ounce silver and US$1,225 per ounce gold, with average metallurgical recoveries of 86.6% silver and 98.9% gold.
†previously announced intercept (refer to news release dated October 19, 2017).

All assays were completed by ALS Chemex in Hermosillo, Mexico, and North Vancouver, BC, Canada.

Results for drill holes GR18-05, 07, 08, and 10 are below the Company's cutoff of 150 gpt AgEq and outside the Granaditas Vein high-grade footprint. Hole GR17-01 intercepted 0.5 metres (true width) grading 0.95 gpt gold and 103.0 gpt silver, or 174 gpt AgEq. Hole GR18-03 intercepted 0.5 metres grading 0.92 gpt gold and 56.6 gpt silver, or 126 gpt AgEq. Hole GR18-06 intercepted 1.5 metres grading 0.48 gpt gold and 86.7 gpt silver, or 145 gpt AgEq.

The Granaditas Vein consists of southeastward plunging high-grade mineralization similar to the adjacent Babicanora and Babicanora Norte veins. Mineralization consists of a 0.5 to 1.8 metre wide banded quartz-argentite-pyrite vein, dipping at an estimated 75° southeast.

Conceptually, since the vein is near the southeast extension of the highest-grade footprint of the Babicanora Vein (Area 51), shared future underground infrastructure is conceivable and convenient.

A hanging wall vein (unnamed), approximately 40 to 80 metres southeast of the Granaditas Vein, was also drill intercepted with the following initial results:

1.    GR18-03 intersecting 0.5 metres grading 0.5 gpt Au and 97 gpt Ag, or 134 gpt AgEq;

2.    GR18-04 intersecting 0.5 metres grading 1.81 gpt Au and 149 gpt Ag, or 284 gpt AgEq;

3.    GR18-07 intersecting 0.5 metres grading 2.39 gpt Au and 421 gpt Ag, or 600 gpt AgEq; and

4.    GR18-09 intersecting 0.5 metres grading 2.94 gpt Au and 294 gpt Ag, or 514 AgEq.

The Company plans to further drill test this hanging wall vein in Q3, 2018.

The high-grade footprint in the Granaditas Vein currently measures approximately 150 metres long by 100 metres high by 1.5 metres in average true width, grading an estimated 5.69 gpt gold and 595.7 gpt silver, or 1,022 gpt AgEq (see attached Figures) and is open in most directions. Further drilling for potential expansion of the high-grade footprint at the Granaditas Vein is ongoing and additional assays will be reported once compilation is complete.

The Company continues with its Phase III drill program of expansion drilling on several new and partially-drilled high-grade mineralized veins. A remaining 4,000 to 5,000 metres of drilling are planned up to the end of July cutoff for updated resource inclusion. Other ongoing site work includes continued underground mapping and sampling on the Las Chispas Vein, drilling test wells for site water, permitting for various additional work, and review of the maiden resource model for optimization and update.

The Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects for this news release is N. Eric Fier, CPG, P.Eng, and CEO for SilverCrest, who has reviewed and approved its contents.

ABOUT SILVERCREST METALS INC.
SilverCrest is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company's current focus is on the high-grade, historic Las Chispas mining district in Sonora, Mexico. SilverCrest is the first company to successfully drill-test the historic Las Chispas Project resulting in numerous discoveries. The Company is led by a proven management team in all aspects of the precious metal mining sector, including taking projects through discovery, finance, on time and on budget construction, and production.

FORWARD-LOOKING STATEMENTS

This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. These include, without limitation, statements with respect to: the strategic plans, timing and expectations for the Company's exploration, rehabilitation and drilling programs of the Las Chispas Property, including drilling test water wells, permitting for various work, and optimizing and updating the Company's resource model; information with respect to high grade areas and size of veins projected from underground sampling results and drilling results; and the accessibility of future mining at the Las Chispas Property. Such forward‑looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: the conditions in general economic and financial markets; availability of skilled labour; timing and amount of expenditures related to rehabilitation and drilling programs; and effects of regulation by governmental agencies. The actual results could differ materially from those anticipated in these forward-looking statements as a result of risk factors including: the timing and content of work programs; results of exploration activities; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project cost overruns or unanticipated costs and expenses; and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

Figure 1: Long Section (Inclined) of Granaditas Vein Las Chispas Property, Looking Southwest

Figure 2: Las Chispas District with Babicanora Plan Map, June 2018

N. Eric Fier, CPG, P.Eng.
Chief Executive Officer
SilverCrest Metals Inc.

For Further Information:

SilverCrest Metals Inc.
Contact:Fred Cooper, Investor Relations
Telephone:+1 (604) 694-1730
Fax:+1 (604) 357-1313
Toll Free:1-866-691-1730 (Canada & USA)
Email:info@silvercrestmetals.com
Website:www.silvercrestmetals.com
570 Granville Street, Suite 501
Vancouver, British Columbia 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.

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