Friday, September 13, 2019

Investor Ideas adds New Stocks in #Solar (TSXV: $SOLR.V), #Cannabis (NASDAQ: $GNLN) (CSE: $XCX.C) and #Mining (CSE: $VC.C)

Investor Ideas adds New Stocks in #Solar (TSXV: $SOLR.V), #Cannabis (NASDAQ: $GNLN) (CSE: $XCX.C) and #Mining (CSE: $VC.C)



Point Roberts WA, Delta BC, September 13, 2019 – (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource announces this week’s additions to its global stock directories in solar, cannabis and mining


New solar companies are listed on the TSX Venture, US OTC and India markets and have operations in the US, Europe, India, Asia, Africa and the Middle East.

The latest cannabis companies include one of the largest global sellers of premium cannabis accessories, and the parent company of several European subsidiaries focusing on the import of pharmaceutical-grade cannabis into Germany, predominantly from Canada.

The newest mining company operates on Vancouver Island with a focus on base and precious mineral properties.

New Solar Companies:
Solar Alliance Energy Inc. (TSXV:SOLR.V) s an energy solutions provider focused on residential, commercial and industrial solar installations. The Company operates in California, Tennessee, North/South Carolina and Kentucky and has an expanding pipeline of solar projects. Since it was founded in 2003, the Company has developed $1 billion of wind and solar projects that provide enough electricity to power 150,000 homes. Our passion is improving life through ingenuity, simplicity and freedom of choice. Solar Alliance reduces or eliminates customers' vulnerability to rising energy costs, offers an environmentally-friendly source of electricity generation, and provides affordable, turnkey clean energy solutions.

Alternus Energy Inc. (OTC:ALTN)  is a global independent power producer (“IPP”). We develop, own and operate solar PV parks that connect directly to national power grids. Our current revenue streams are generated from long-term, government-mandated, fixed price supply contracts with terms of between 15-20 years in the form of government Feed-In-Tariffs (“FiT”) and other energy incentives. Our current contracts deliver annual revenues, of which approximately 75% are generated from these sources with the remaining 25% deriving from revenues generated under contracted Power Purchase Agreements (“PPA”) with other energy operators and by sales to the general energy market in the countries we operate. In general, these contracts generate an average sales rate for every kWh of green energy produced by our solar parks. Our current focus is on the European solar PV market. However, we are also actively exploring opportunities in other countries outside of Europe.

Green Stream Holdings Inc. (OTC:GSFI) a Wyoming-based corporation with satellite offices in Malibu, CA and New York, NY, is focused on exploiting currently unmet markets in the solar energy space, and is currently licensed in California, Nevada, Arizona, Washington, New York, New Jersey, Massachusetts, New Mexico, Colorado, Hawaii, and Canada. The Company's next-generation solar greenhouses, constructed and managed by Green Rain Solar, LLC, a Nevada-based division, utilize proprietary greenhouse technology and trademarked design developed by world-renowned architect Mr. Antony Morali. The Company is currently targeting high-growth solar market segments for its advanced solar greenhouse and advanced solar battery products. The Company has a growing footprint in the significantly underserved solar market in New York City where it is targeting 50,000 to 100,000 square feet of rooftop space for the installation of its solar panels. Green Stream is looking to forge key partnership with major investment groups in order to capitalize on a variety of unique investment opportunities in the commercial solar energy markets. The Company is dedicated to becoming a major player in this critical space. Through its innovative solar product offerings and industry partnerships, the Company is well-positioned to become a significant player in the solar space.

Adani Green Energy (India:Adanigreen.BO) is one of the largest renewable companies in India, with a current project portfolio of 5,290 MW. AGEL is part of the Adani Group’s promise to provide a better, cleaner and greener future for India. Driven by the Group’s philosophy of ‘Growth with Goodness’, the Company develops, builds, owns, operates and maintains utility-scale grid-connected solar and wind farm projects. The electricity generated is supplied to central and state government entities and government-backed corporations.

Enerkon Solar International, Inc. (OTC:ENKS) long Term Strategic Plan, Vision 2028 is a long-term road-map to achieve our growth objectives and our technology and cost leadership goals. In executing our Long Term Strategic Plan, we are focusing on providing utility-scale PV solar energy solutions using our modules to key geographic markets that we believe have a compelling need for mass-scale PV electricity, including markets throughout the Americas, Asia, the Middle East, and Africa whereas acquisition of strategic companies in the Panel and Technology Sectors as well as other small and mid- level renewable energy companies is also a large part of our near term plans.

Spectacular Solar, Inc. (OTC:SPSO) is a diversified company involved in solar system installations, investment fund management, and roofing contracting through its subsidiaries. DC Solar Integrators designs and installs state-of-the-art solar conversions for home and business owners. Star Power Services is a bonded and licensed roofing contracting company with expertise in new roof installation, repairs, and maintenance. The Solar Energy Investors Fund contributes to the ongoing insurance expenses directly associated with installation of solar systems.  In return, the fund receives a share of tax benefits and ongoing revenue generated from electricity sales.

ABCO Energy, Inc. (OTC:ABCE) together with its subsidiary, operates as an electrical product and services supplier in the United States. The company sells and installs solar photovoltaic electric systems that allow customers to produce power on their residence or business property. It also sells and installs energy efficient lighting products, solar powered street lights, and lighting accessories to residential and commercial customers. In addition, the company offers solar leasing and long term financing programs to its customers, and other marketing and installation organizations

New Cannabis Companies:
Greenlane Holdings, Inc. (NasdaqGS: GNLN) is one of the largest global sellers of premium cannabis accessories, CBD and liquid nicotine products. The Company operates as a powerful house of brands, third party brand accelerator and distribution platform for consumption devices and lifestyle brands serving the global cannabis, CBD, and liquid nicotine markets with an expansive customer base of more than 11,000 retail locations, including licensed cannabis dispensaries, and smoke and vape shops. Greenlane has an established track record of partnering with brands through all stages of product lifecycle, providing a range of services including product development, go-to-market strategy, sales and marketing support, market research, customer service, direct-to-consumer fulfillment, warranty repair, supply chain management, and distribution. In addition to owning and operating its own brands, Greenlane is the partner of choice for many of the industry's leading players including PAX Labs, (Canopy-owned) Storz & Bickel, JUUL, Grenco Science, Firefly, DaVinci, Select, Sherbinski, Bloom Farms, Mary's Nutritionals, Cookies and dozens of others. Greenlane's house of brands is comprised of child-resistant packaging innovator Pollen Gear; VIBES rolling papers; the Marley Natural accessory line; the Keith Haring accessory line, Aerospaced & Groove grinders, and Higher Standards, which is both an upscale product line and an innovative retail experience with flagship stores at New York City's famed Chelsea Market and Atlanta's Ponce City Market. The company also owns and operates Vapor.com, an industry leading e-commerce platform which offers convenient, flexible shopping solutions directly to consumers

AMP German Cannabis Group Inc.  (CSE:XCX) (“AMP”) is the parent company of several European subsidiaries focusing on the import of pharmaceutical-grade (EU-GMP) cannabis into Germany, predominantly from Canada.  AMP provides EU-GMP gap analysis and audits, logistical, transportation, importation permits and other related services for the importation of medical cannabis into Germany through its AMP EU-GMP German Certification Protocol Program.

New Mining Companies:
Volatus Capital Corp. (CSE: VCis engaged in the business of acquiring and exploring mineral resource properties. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Sunset Copper Star Property.  The Sunset Copper Star Property is comprised of two contiguous mineral titles covering an area of 1,138.15 hectares, located on Vancouver Island, British Columbia, approximately 19 kilometres northwest of the city of Campbell River in the Nanaimo Mining Division.

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Learn more about our news, PR and social media services at Investorideas.com

Follow us on Twitter https://twitter.com/Investorideas
Download our Mobile App for iPhone and Android  

To sponsor a daily podcast for the month or to be an expert guest please contact us!

Contact Investorideas.com
800-665-0411


















Thursday, August 29, 2019

#Mining Stock News: #SilverCrest (TSX: $SIL; NYSE: $SILV) Graduates to Toronto Stock Exchange - Trading Commences August 29, 2019


#Mining Stock News: #SilverCrest (TSX: $SIL; NYSE: $SILV) Graduates to Toronto Stock Exchange - Trading Commences August 29, 2019



Vancouver, British Columbia - August 29, 2019 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSX: SIL.TONYSE American: SILV) ("SilverCrest" or the "Company") is pleased to announce that the Company will begin trading on the Toronto Stock Exchange ("TSX") on August 29, 2019 following its graduation from the TSX Venture Exchange (the "TSXV"). The common shares of the Company will be concurrently delisted from TSXV upon commencement of trading on TSX. The trading symbol for the common shares of SilverCrest on TSX will remain unchanged as "SIL". The common shares of the Company are also listed on NYSE American under the symbol "SILV".


N. Eric Fier, Chief Executive Officer stated; "We are certainly pleased with this recognition of the growing stature of SilverCrest. The acceptance for trading of our common shares on TSX is another significant milestone in the development of our corporate growth. We expect the higher profile afforded by the TSX will give the Company exposure to new segments of the investment community and provide greater liquidity for those investors wishing to trade the shares of our company".

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.

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

For Further Information:
SilverCrest Metals Inc.
Contact: Jacy Zerb, Investor Relations Manager
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

FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. Such forward-looking statements concern the intended use of proceeds and the scheduled closing date for the non-brokered private placement. 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: conditions in general economic and financial markets; timing and amount of capital expenditures; 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 the risk factors including: the timing and content of work programs; results of exploration activities of mineral properties; the interpretation of drilling results and other geological data; 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.

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; NYSE: SILV) is a featured company on Investorideas.com



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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions.
Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy:
Disclosure: Investorideas.com is compensated by SilverCrest Metals Inc for annual news publishing effective January 2017.



Get more mining stock investor ideas- news, articles, podcasts and stock directories

Wednesday, August 28, 2019

#Mining Stock News: #SilverCrest (TSXV: $SIL.V; NYSE: $SILV) Announces Babi Sur Vein Expansion, Additional High-Grade Drill Results


#Mining Stock News: #SilverCrest (TSXV: $SIL.V; NYSE: $SILV) Announces Babi Sur Vein Expansion, Additional High-Grade Drill Results:
3.1 Metres at 1,355 gpt AgEq
8.8 Metres at 536 gpt AgEq
3.8 Metres at 773 gpt AgEq



Vancouver, British Columbia - August 28, 2019 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSXV: SIL.VNYSE American: SILV) ("SilverCrest" or the "Company") is pleased to announce initial in-fill and additional expansion drill results from the Babi Sur Vein ("Babi Sur") of the Las Chispas Project ("Las Chispas") located in the state of Sonora, Mexico. In-fill drilling has increased the confidence of resources and high-grade continuity in the vein. Expansion drilling has increased the high-grade footprint for possible additional resources (see attached Figures). The 33 drill holes released today (23 in-fill and 10 expansion) are in addition to the 39 drill holes previously announced on February 14, 2019, and used in the technical report titled "Technical Report and Preliminary Economic Assessment for the Las Chispas Property, Sonora, Mexico", dated effective May 15, 2019, as amended July 19, 2019 (the "PEA"). The PEA is available on SEDAR (www.sedar.com) and the Company's website (www.silvercrestmetals.com).


The Babi Sur Vein, as defined in the PEA includes 39 drill holes, and has a modelled average vein width (true) of 0.95 metres and cut diluted grade of 4.10 grams per tonne ("gpt") gold (or "Au") and 268 gpt silver (or "Ag"), or 575 gpt silver equivalent ("AgEq", based on assumptions defined in table below) over a discontinuous (4 discrete zones) mineralized length of 1,200 metres (see attached Figures). The Babi Sur drill holes announced in this release have a weighted average true width of 2.3 metres grading 3.36 gpt Au and 282.5 gpt Ag, or 534 gpt AgEq (uncut) with hole intercepts distributed along the same estimated mineralized length as presented in the PEA. These new drill results suggest an increase in true width of between 1 to 2 metres, from 0.95 metres, and confirm the estimated overall grade of 534 to 575 gpt AgEq. In-fill drilling is also suggesting better continuity between the discrete zones delineated in the most recent resource estimate, with potential to reduce the required underground development to access these areas of the vein. In addition, drilling has established further high-grade mineralization intersected to depth and down plunge.
While drilling the Babi Sur Vein, the Babi Sur HW Vein was intercepted along with other unknown vein intercepts, with the results presented in the tables below.

N. Eric Fier, CPG, P.Eng, and CEO, remarked, "While Babi Sur mineralization has an impressive average grade of approximately 500 gpt AgEq, it tends to be overlooked when reviewing the higher grades at the Babicanora, Babicanora Norte and Babicanora FW veins. Babi Sur is incremental for additional ounces and conveniently located within the Babicanora area for accessibility in the conceptual mine plan. Since the last resource estimate in February 2019, we have been systematically testing Babi Sur to connect the four zones of mineralization and potentially expand the resource. The results to date suggest that the vein is wider and has increased continuity, with potential to expand the resource while reducing underground development costs to access the mineralization. Over the next several months, we are systematically and aggressively drilling in-fill and expansion holes for most of the Las Chispas veins with resources, including Babi Sur Vein, to meet our schedule to convert resources into reserves for the ongoing feasibility study. Of the 16 drills currently operating at Las Chispas, three are dedicated to Babi Sur."

The most significant results for this release are hole BAS19-63, at 3.1 metres (est. true width) grading 8.51 gpt Au and 716.6 gpt Ag, or 1,355 gpt AgEq and hole BAS19-57, which intersected 8.8 metres grading 3.09 gpt Au and 304.6 gpt Ag, or 536 gpt AgEq. Also, noteworthy is hole BAS19-49 at 3.8 metres grading 5.32 gpt Au and 374.3 gpt Ag, or 773 gpt AgEq. The following table summarizes the most significant drill intercepts (uncut, undiluted) for this release;

Note: all numbers are rounded. Based on a cutoff grade of 150 gpt AgEq with no minimum width.
* AgEq based on 75 (Ag):1 (Au) calculated using long-term silver and gold prices of US$17 per ounce silver and US$1,225 per ounce gold, with average metallurgical recoveries of 90% silver and 95% gold.

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

For the Babi Sur veins, holes BAS19-41 to 43, 45 to 48, 52, 56, 58, 59, 62, and 64 intersected veining but were below the Company's cutoff grade of 150 gpt AgEq. Holes BAS19-65, 66, 68, and 69 have pending assays, and will be reported when compiled.

The Babi Sur Vein and Babi Sur HW Vein are still open to depth and down plunge to the southeast. Unnamed veins are under review for possible continuity and announcement(s) of additional vein discoveries. Approximately 25 to 35 additional in-fill and expansion holes, for a minimum of 7,000 metres, are planned for the Babi Sur Veins in H2, 2019.

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. Such forward-looking statements concern the intended use of proceeds and the scheduled closing date for the non-brokered private placement. 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: conditions in general economic and financial markets; timing and amount of capital expenditures; 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 the risk factors including: the timing and content of work programs; results of exploration activities of mineral properties; the interpretation of drilling results and other geological data; 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 District with Babicanora Plan Map, August 2019




Figure 2: Long Section (Inclined) of Babicanora Sur Vein Looking Southwest

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

For Further Information:
SilverCrest Metals Inc.
Contact: Jacy Zerb, Investor Relations Manager
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; NYSE: SILV) is a featured company on Investorideas.com



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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions.
Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy:
Disclosure: Investorideas.com is compensated by SilverCrest Metals Inc for annual news publishing effective January 2017.



Get more mining stock investor ideas- news, articles, podcasts and stock directories






Thursday, August 22, 2019

#Mining Stock News: #SilverCrest (TSXV: $SIL.V; NYSE: $SILV) Announces Receipt of General Explosives Permit and Water Rights; Finalizes Ownership in Mining Concessions for Las Chispas


#Mining Stock News: #SilverCrest (TSXV: $SIL.V; NYSE: $SILV) Announces Receipt of General Explosives Permit and Water Rights; Finalizes Ownership in Mining Concessions for Las Chispas



Vancouver, British Columbia - August 22, 2019 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSXV: SIL.VNYSE American: SILV) ("SilverCrest" or the "Company") is pleased to announce that it has received approval from the Secretaria de la Defensa Nacional ("SEDENA") for the operational storage and use of explosives (the "General Explosives Permit") at the Las Chispas Project ("Las Chispas") in Sonora State, Mexico. Prior to receiving the General Explosives Permit, the Company held a temporary explosives permit for construction until late June 2019. The General Explosives Permit is valid for the Life-Of-Project while exploring, developing or potentially producing and is subject to various standard purchase, consumption, reporting and safety provisions. The receipt of this permit allows SilverCrest to further advance underground exploration for the Babicanora Vein in both the Santa Rosa Decline and Babicanora Historic Adit. SilverCrest has also acquired local water rights for Las Chispas, which are transferrable to a more efficiently located operational well(s) at the Company's discretion. The Company is also pleased to announce that it has exercised its last outstanding option agreement to fully acquire the remaining four of the 28 concessions at Las Chispas, thereby obtaining 100% ownership in all Las Chispas mining concessions containing vein mineral resources.

Read this in full at

N. Eric Fier, CPG, P.Eng, and CEO, remarked, "We continue to de-risk Las Chispas by achieving several significant milestones that are timely and noteworthy as we move forward to a construction decision, including; 1) the receipt of the General Explosives Permit with continuation of the planned underground exploration in the Babicanora Vein (Area 51 zone) and ongoing rehabilitation of the Babicanora Historic Adit for a secondary access to the vein, 2) acquisition of water rights, and 3) attaining 100% ownership of our mining concessions across all vein mineral resources."

"Also, with the rainy season in Sonora coming to an end, the Company is ramping back up from 14 drills to 17 over the next month. The Company estimates completion of an additional 50,000 metres of drilling in H2 2019, allocating 15 drills on surface and two (2) underground. With more than 100 drill holes awaiting assay results for release, an aggressive H2 2019 drill program, ongoing work related to the Feasibility Study, and a cash position of C$49 million, SilverCrest is well positioned through the balance of the year and into 2020."

While waiting for receipt of the General Explosives Permit, approximately 1.5 months, the Company reallocated operational resources for underground enhancements and additional rehabilitation at both the Babicanora and Las Chispas areas in preparation for further development work, which has now recommenced with drifting on the Babicanora Vein.
SilverCrest continues to advance the extensive work program required to deliver a Feasibility Study for Las Chispas, targeted for H1 2020. The Company is well funded to complete the main work program through the end of 2019, including:

·        Santa Rosa Decline: Completion of an estimated 1,500 to 2,000 additional metres of vein drifting in the Babicanora Vein, Area 51 zone, with subsequent underground infrastructure and continued stockpiling of mineralized material. This underground development will give the Company a better understanding of grade reconciliation, access to high-grade material for detailed metallurgical test work, and will allow for shorter, less expensive underground in-fill and expansion drilling.
·        Babicanora Historic Adit: Completion of an estimated 300 metres of adit and drift rehabilitation for accessing the Babicanora Vein in the Babicanora Central zone. Mineralized historic underground backfill and stockpiles will be mined and stockpiled along with the mineralized material from the Santa Rosa Decline.
·        In-Fill Drilling: Approximately 30,000 additional metres of in-fill drilling are budgeted for H2 2019. This drilling is critical to improve the confidence in the current resources for conversion to Measured and Indicated categories with potential inclusion in an initial reserve estimate for the Feasibility Study.
·        Expansion Drilling: Approximately 20,000 additional metres of expansion drilling are budgeted for H2 2019. This program is drill testing the potential expansion of the current resource base and new target areas. In particular, the Company is looking to expand mineralization in the Babicanora Vein to the southeast and toward the surface, the Babicanora Norte Vein to the northwest and to depth, the Babi Sur Vein to depth, the Las Chispas veins along strike and to depth, the La Victoria Vein to the southeast, and conduct initial testing of the Babi Vista, Amethyst and Chiltepin veins.
·        Hydrology: Establish operational wells and infrastructure using the newly acquired water rights.
·        Geotechnical Study: Complete geotechnical and rock mechanic test work and analysis for mine design to be presented in the Feasibility Study.
·        Metallurgy: Detailed metallurgical work continues with a focus on optimizing silver and gold recoveries from results reported in the Las Chispas Preliminary Economic Assessment of silver recoveries at 89.9% and gold recoveries at 94.4%. Test work continues to suggest the potential for improvement from the numbers used in the Las Chispas Preliminary Economic Assessment as the process flow sheet is refined for the Feasibility Study.

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. Such forward-looking statements concern the intended use of proceeds and the scheduled closing date for the non-brokered private placement. 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: conditions in general economic and financial markets; timing and amount of capital expenditures; 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 the risk factors including: the timing and content of work programs; results of exploration activities of mineral properties; the interpretation of drilling results and other geological data; 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.

For Further Information:
SilverCrest Metals Inc.
Contact: Jacy Zerb, Investor Relations Manager
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; NYSE: SILV) is a featured company on Investorideas.com



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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions.
Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy:
Disclosure: Investorideas.com is compensated by SilverCrest Metals Inc for annual news publishing effective January 2017.





Get more mining stock investor ideas- news, articles, podcasts and stock directories




Monday, August 19, 2019

#Mining #Stock News: SilverCrest (TSXV: $SIL.V; NYSE: $SILV) Announces Closing of Equity Participation Right by SSR Mining


#Mining #Stock News: SilverCrest (TSXV: $SIL.V; NYSE: $SILV) Announces Closing of Equity Participation Right by SSR Mining

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES



Vancouver, British Columbia - August 19, 2019 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSXV: SIL.VNYSE American: SILV) ("SilverCrest" or the "Company") is pleased to announce that it has closed the private placement with SSR Mining Inc. ("SSR Mining") previously announced on July 23, 2019 pursuant to which SSR Mining elected to exercise its equity participation right to maintain a 9.9% interest in SilverCrest.

SSR Mining purchased 780,000 common shares of the Company at a price of C$5.85 per share for a total investment of C$4,563,000. The common shares have a statutory hold period of four months and one day expiring December 17, 2019. The private placement remains subject to final approval of the TSX Venture Exchange.


N. Eric Fier, CPG, P.Eng and CEO commented, "We are pleased that SSR Mining has elected to exercise its equity participation right and maintain its 9.9% holding in SilverCrest. This further investment by SSR Mining is an important endorsement of the Las Chispas project from a mining company that has an established reputation and track record of financial discipline and operating performance."

With the closing of the bought deal public offering (see news release dated August 15, 2019) and exercise by SSR Mining of its equity participation right, SilverCrest has C$49 million of cash and is in a robust financial position to advance the Las Chispas Project in Sonora, Mexico.

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. Such forward-looking statements concern the intended use of proceeds and the scheduled closing date for the non-brokered private placement. 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: conditions in general economic and financial markets; timing and amount of capital expenditures; 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 the risk factors including: the timing and content of work programs; results of exploration activities of mineral properties; the interpretation of drilling results and other geological data; 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.

For Further Information:
SilverCrest Metals Inc.
Contact: Jacy Zerb, Investor Relations Manager
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; NYSE: SILV) is a featured company on Investorideas.com



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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions.
Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy:
Disclosure: Investorideas.com is compensated by SilverCrest Metals Inc for annual news publishing effective January 2017.



Get more mining stock investor ideas- news, articles, podcasts and stock directories



Mining stocks news alerts