Friday, February 05, 2016

Investorideas.com Attends #VRIC16 to see What's Ahead for #Mining #Stocks in 2016

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Investorideas.com Attends #VRIC16 to see What's Ahead for #Mining #Stocks in 2016

MAG Silver (NYSE: MVG, MAG.TO), Victoria Gold (TSXV: VIT.V) and Erdene Resource Development (TSX: ERD) Present


February 5, 2016 Vancouver BC, Point Roberts WA-  Investorideas.com, a  digital global news source covering leading sectors including mining stocks issues video coverage of the recently held Vancouver Resource Investment Conference (January 24-25, 2016).

The Vancouver Resource Investment Conference #VRIC16 is the world's largest resource investment conference dedicated to resource exploration.

Three presenting companies tell attending investors what to look for in their company this year. Companies include: MAG Silver Corp. (NYSE: MVG, MAG.TO), Victoria Gold Corp (TSXV: VIT.V) and Erdene Resource Development Corporation (TSX: ERD).




MAG Silver Corp. (www.magsilver.com)
MAG Silver Corp. (MAG.TO) (NYSE MKT: MVG) is focused on advancing and exploring high grade district scale projects located within the Mexican Silver Belt. Our mission is to become one of the premier companies in the silver mining industry. Currently, we are developing the underground decline towards the high grade ValdecaƱas and Juanicipio silver veins in Zacatecas State, all within the joint venture between MAG Silver (44%) and Fresnillo PLC (56%). In addition, MAG is conducting ongoing exploration at the Juanicipio project, the Salamandra property earn-in, and Guigui while concurrently working to regain surface access to our 100% owned Cinco de Mayo property in Chihuahua State.

Victoria Gold Corp.
 Victoria Gold Corp. is a leading gold exploration and development company. The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold. The Eagle Gold Project is shovel-ready and when in production will produce +200,000 ounces of gold annually at an operation cost of approximately $600 per ounce. The Project is fully permitted for construction and operations. Victoria's shareholders are well positioned to participate in a highly leveraged gold play and construction of the largest gold mine in Yukon History.

Victoria Gold Corp.'s primary focus given the current market conditions is to preserve shareholder value. Victoria Gold holds a strong cash position which enables the Company to evaluate and take advantage of accretive M&A opportunities.
 Victoria Gold Corp. trades on the TSX-V under the symbol VIT.

About Erdene
Erdene Resource Development Corp. is a Canada-based resource company focused on the acquisition, exploration, and development of base and precious metals in underexplored and highly prospective Mongolia. The Company holds four exploration licenses and a mining license located in southwest Mongolia. These include: Altan Nar - an extensive, high-grade, near-surface, gold-polymetallic project that the Company is aggressively advancing toward a production decision, however the Company has not yet completed a mining study to support the technical feasibility and economic viability of Altan Nar; Bayan Khundii - a high-grade gold discovery made in Q3-2015 that the Company is currently exploring; Khuvyn Khar - an early-stage, copper-silver porphyry project with multiple drill targets and significant copper intersections; Zuun Mod - a large molybdenum-copper porphyry deposit; Altan Arrow - an early-stage, high-grade, gold-silver project. In addition to the above properties, the Company has an Alliance with Teck Resources Limited on regional, copper-gold exploration in the prospective Trans Altay region of southwest Mongolia. For further information on the Company, please visit www.erdene.com

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Wednesday, February 03, 2016

Video Coverage; SilverCrest Metals Inc. (TSX: SIL.V) at Vancouver Resource Investment Conference 2016

Video Coverage; SilverCrest Metals Inc. (TSX: SIL.V) at Vancouver Resource Investment Conference 2016

Goldseek.com analyst shares why SilverCrest Metals is one of his Picks for 2016

Vancouver BC, Point Roberts WA -  Investorideas.com, a digital global news source covering leading sectors including mining stocks issues video coverage of the recently held Vancouver Resource Investment Conference (January 24-25, 2016) , featuring SilverCrest Metals Inc. (TSXV: SIL).

N. Eric Fier, CPG, P.Eng, SilverCrest Metals’ President & CEO, Director gives investors a corporate presentation explaining the history of the company and its  leading properties in Mexico.

Goldseek.com analyst Peter Spina tells investors what he looks for when investing in a gold stock;  “management, property, place, cash and balance sheet.” He then introduces SilverCrest Metals as one of his stock picks for 2016 that he thinks will do well.

Both Peter Spina and N. Eric Fier remind the audience of the previous success of Silvercrest Mines Inc. and how this management team is planning to duplicate their success  and  “do it again” with SilverCrest Metals.  




SilverCrest Metals Inc. (TSXV: SIL.V; OTC: SVCMF) http://www.silvercrestmetals.com
SilverCrest Metals Inc. 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 is led by a proven management team in all aspects of the precious metal mining sector, including the pioneering of a responsible "phased approach" business model taking projects from discovery, finance, on time and on budget construction, and production with subsequent increased value to shareholders.

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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: SilverCrest Metals is an annual publishing client of Investorideas.com, publishing news, video and social media.
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Thursday, January 28, 2016

#TSX #Mining News: #Goldsource (TSX: $GXS.V) Begins Commissioning of #EagleMountain Mine

#TSX #Mining News: #Goldsource (TSX: $GXS.V) Begins Commissioning of #EagleMountain Mine
VANCOUVER - January 28, 2016 (www.investorideas.com mining stocks newswire) Goldsource Mines Inc. ("Goldsource" or the "Company") (TSX:GXS.V) is pleased to announce that Phase I construction at its Eagle Mountain Gold Project ("Eagle Mountain") located in Guyana , South America is complete with commissioning of the operation underway. Production plans for Phase I are based on the Preliminary Economic Assessment of the Eagle Mountain Saprolite Gold Project, Guyana Technical Report ("PEA") dated July 31, 2014. Phase I calls for a 1,000 tonne per day open pit ‑ gravity plant with post-commissioning and ramp up cash operating costs of US$500 to US$600 per ounce of gold.

Yannis Tsitos, President, stated, "We are very pleased with the progress to date at the Eagle Mountain project. With the start of commissioning, Goldsource begins the exciting process of transitioning into a new junior gold producer. Over the next two weeks, we will be completing extensive testing along with dry and wet runs of mined materials through the process facility. The next several months of production ramp up are considered the "proof of concept period" to demonstrate that operational and cost parameters outlined in the PEA are achievable. This will be an important milestone for the Company. Thanks to our dedicated and experienced construction team and management in both Guyana and Canada, we succeeded in completing the mine construction phase with a stellar safety record. We expect the Phase I capital cost for construction to be under budget at less than US$5 million compared to the estimated PEA budget of US$5.9 million."

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 Chief Operating Officer for Goldsource, who has reviewed and approved its contents.


ABOUT GOLDSOURCE MINES INC.
Goldsource Mines Inc. (www.goldsourcemines.com) is a Canadian resource company that is progressing its advanced-stage, 100%-owned Eagle Mountain Gold Project, located in Guyana, towards initial staged production in Q1 2016. Goldsource is led by an experienced management team, proven in making exploration discoveries and achieving project construction on time and on-budget.

Ioannis (Yannis) Tsitos
President
Goldsource Mines Inc.

Neither TSX-V nor its Regulation Services Provider (as that term is defined in policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. Such forward‑looking statements concern Goldsource's strategic plans and expectations in the PEA for the development of the Eagle Mountain Gold Project; the amount of future production of gold over any period; cash operating costs per ounce of gold; life of mine; estimated pre-production cost; and the Company's ability to commission Phase I production in 2016. 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; ability to realize the PEA and develop and finance the project; accuracy of the interpretations and assumptions used in calculating inferred mineral resource estimates; availability of mining equipment; availability of skilled labour; timing and amount of capital expenditures; performance of available laboratory and other related services; and future operating costs. 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 and development of mineral properties; the interpretation of drilling results and other geological data; the uncertainties of resource estimations; uncertainty as to actual capital costs, operating costs, production and economic returns at the Eagle Mountain Gold Project; reliance on the PEA; 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.

SOURCE Goldsource Mines Inc.

Contact:
Goldsource Mines Inc., Contact: Ioannis (Yannis) Tsitos, President, Fred Cooper, Investor Relations, Telephone: +1 (604) 694-1760, Fax: +1 (604) 694-1761, Toll Free: 1-866-691-1760 (Canada & USA), Email: info@goldsourcemines.com, Website:www.goldsourcemines.com, 570 Granville Street, Suite 501, Vancouver, British Columbia V6C 3P1

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

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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.



Tuesday, November 24, 2015

JOIN Investorideas.com for Cyber Monday

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Sectors we cover include mining, energy, renewable energy, water stocks, food and beverage (including organic and LOHAS, wine), defense and security, biotech, technology and mobile. We have also recently expanded our global coverage to include Latin American stocks, the Middle East, sports and entertainment.
Disclaimer/Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks 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 by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: http://www.investorideas.com/About/Disclaimer.asp 
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Friday, September 11, 2015

Investorideas.com Announces its First Global ‘Follow the Money’ Contest


Investorideas.com Announces its First Global ‘Follow the Money’ Contest

New York NY- Point Roberts WA–September 11, 2015 -- Investorideas.com (www.investorideas.com), a global investor news source covering leading sectors
announces its first ever ‘Follow the Money’ contest for global investors.

The contest will run from September 15th to October 31st, 2015 and is open to Investor Ideas members. (http://www.investorideas.com/membership/)

Prizes include a ‘Money Suit’ as seen worn by the Investorideas.com Money Team and also by Will Ferrell at the 2013 MTV Movie Awards.  Prizes also include Annual Small Cap Pro Accounts from Investor Hub http://investorshub.advfn.com/ with more prizes to be announced shortly.

The contest will consist of investors picking a stock or stocks they wish to buy within sectors they like and within the time frame of the contest (either real trades or fictional trades). Investors can buy their favorite beverage stock such as Starbucks Corporation (SBUX) from our beverage stock directory, their favorite Yoga Brand like Lululemon Athletica Inc. (LULU) from our LOHAS directory or Ralph Lauren Corporation (RL) from our Luxury Brand stock directory.

This contest gives investors a chance to not only invest in their favorite sectors and companies but also to test their skills against other global investors.  Investorideas.com stock directories feature and include stocks from most global stock exchanges. Key sectors covered include biotech, tech, mining, mobile, energy, water, defense and security, renewable energy, food and beverage stocks including wine stocks, luxury retail brands, sports stocks and others.







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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. Global investors must adhere to regulations of each country.

To Sponsor the contest with your brand or service call or email

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800-665-0411 - Source – www.Investorideas.com





Thursday, August 13, 2015

Silvercrest (TSX: SVL) (NYSE MKT: SVLC) Announces Q2, 2015 Financial Results; Operating Cash Flow of $8.1 million ($0.07/share), Earnings of $3.86 million ($0.03/share), Guidance for Cash Cost/AgEq Ounce Reduced

Silvercrest (TSX: SVL) (NYSE MKT: SVLC) Announces Q2, 2015 Financial Results; Operating Cash Flow of $8.1 million ($0.07/share), Earnings of $3.86 million ($0.03/share), Guidance for Cash Cost/AgEq Ounce Reduced

Vancouver, BC - August 13, 2015 (Investorideas.com Mining Stocks Newswire) SilverCrest Mines Inc. (TSX:SVL;  NYSE MKT: SVLC) (the "Company" or "SilverCrest") is pleased to announce its consolidated interim financial results for the second quarter ("Q2") ended June 30, 2015. All financial information is prepared in accordance with International Financial Reporting Standards ("IFRS") and all dollar amounts are expressed in U.S. dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company's unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2015 and associated management discussion and analysis ("MD&A") which are available from the Company's website at www.wilvercrestmines.com and under the Company's profile on SEDAR at www.sedar.com.

J. Scott Drever, Chief Executive Officer, stated; "The second quarter was another successful quarter for SilverCrest. Santa Elena's record Q2 AgEq (3) production delivered strong financial results despite the lower precious metals price environment. We generated cash flow from operations (1)(2) of $8.1 million ($0.07 per share) and net earnings of $3.86 million ($0.03 per share). We maintained a strong balance sheet at June 30, 2015 with $36.4 million in cash and cash equivalents and working capital of $51.0 million. For Q2, 2015, our cash operating cost (1)(2) was $8.05 per AgEq (3) ounce sold and our all-in sustaining cash cost(2) was $10.97 per AgEq (3) ounce sold. Due to the strong performance in Q2, 2015 and continuing operational improvements, SilverCrest increased its 2015 corporate production guidance to a range of 4.7 – 5.1 million AgEq (3) ounces. The Company has reduced its 2015 operating cash cost range to $9 – $10 per AgEq ounce from $10 – $11 per AgEq ounce and all-in sustaining cash cost range to $12 – $13 per AgEq ounce from $14 – $15 per AgEq ounce. Our cash operating numbers continue to make us one of the lowest cost precious metal producers."

FINANCIAL HIGHLIGHTS OF Q2, 2015, COMPARED TO Q2, 2014
·        Cash flow from operations (1)(2) was $8.05 million ($0.07 per share, basic and diluted), an increase of 163%.
·        Cash operating cost per AgEq ounce sold (2) (3) was $8.05, an increase of 13%.
·        All-in sustaining cash cost per AgEq ounce sold (2) (3) was $10.97, a decrease of 7%.
·        Revenues increased 169% to $20.7 million.
·        Metal sales of 515,070 ounces of silver and 11,567 ounces of gold increased 216% and 144%, respectively.
·        Realized average spot metal prices declined from $19.67 to $16.54 (16%) for silver and from $1,296 to $1,202 (7%) for gold.
·        Net earnings increased 194% to $3.86 million ($0.03 per share, basic and diluted).
·        Adjusted earnings (2) increased 361% to $4.5 million ($0.04 per share, basic and diluted).
·        Cash and cash equivalents totalled $36.4 million, compared to $40.1 million (at June 30, 2014).
·        Working capital was $51.0 million, compared to $44.5 million (at June 30, 2014).
·        Metal inventory included 247,841 (Q2, 2014 – 69,000) ounces of silver and 5,090 (Q2, 2014 – 1,330) ounces of gold.
·        Scotiabank Credit Facility: Drawdown – $15.0 million; Available – $5.0 million.


(1) Cash flow from operations before changes in working capital items.
(2) These are Non-IFRS performance measures. Refer to "CAUTIONARY NOTE REGARDING NON-IFRS PERFORMANCE MEASURES".
(3) Silver equivalent ("AgEq") ratio for Q2, 2015 of 66.7:1 was calculated using metal prices of $1,200/oz for gold and $18/oz for silver. For consistency with, comparative periods, the AgEq ratio reported during 2014 was changed from 60:1 to 66.7:1. All numbers are rounded.

Comparison of the three months ended June 30, 2015 to June 30, 2014
Net earnings were $3,866,560 ($0.03 per share basic and diluted) for the second quarter compared with $1,314,350 ($0.01 per share basic and diluted) in the second quarter of 2014. The increase in net earnings in the second quarter was primarily attributed to a significant increase in ounces produced and sold, relating from the transition from an open pit heap leach operation to an underground mining and milling operation. Q2, 2015 production was also assisted by better silver and gold recoveries which increased from Q1, 2015 from 60% to 74% and 91% to 96% respectively. These positive aspects were partially offset by lower realized metal prices, higher operating costs and an increase in taxes compared to Q2, 2014.

Silver and gold revenue amounted to $20,731,379 (2014 – $7,719,057) in the second quarter. Silver sales totalled 515,070 ounces (2014 – 163,026), 216% higher than the same period in 2014. The foregoing silver sales, combined with a 16% lower average realized price of $16.54 (2014 – $19.67) per ounce, resulted in 166% more silver revenue. Total gold revenue in the second quarter increased 124% compared to the same period in 2014. Total gold sales were 11,567 ounces (2014 – 4,743) or 144% above 2014. The Company sold 8,908 (2014 – 3,794) ounces of gold at an average realized price of $1,202 (2014 – $1,296) per ounce, a 7% decline, and delivered 2,659 gold ounces (2014 – 949) under the Sandstorm Purchase Agreement for cash of $357 (2014 – $354) per ounce.

Cost of sales amounted to $10,356,202 (2014 – 3,046,958). Cash operating cost and all-in sustaining cash cost per AgEq ounce sold in Q2, 2015 were $8.05 and $10.97 (Ag: Au 66.7:1) per ounce, respectively, compared to $7.12 and $11.73 (Ag: Au 66.7:1) per ounce in the comparable 2014 quarter. The increase in cash operating cost per AgEq ounce sold for Q2, 2015, is a result of additional direct production costs related to the transition of Santa Elena during 2014 from an open pit heap leach operation to an underground mining and milling operation. The cost increases were partially offset by the benefit of a weaker Mexican Peso. All-in sustaining cash operating cost per AgEq ounce sold decreased from $11.73 to $10.97 primarily from the benefit of a weaker Mexican Peso. Cash operating costs for Q2, 2015 experienced a favorable foreign exchange effect, as the quarterly average Mexican Peso weakened against the U.S. Dollar by 18% compared to Q2, 2014.
Approximately 50% of Q2, 2015 cash operating costs are in Mexican Pesos. (Refer to "Cautionary Note Regarding Non-IFRS Performance Measures").

Depletion, depreciation and amortization increased to $3,080,939 (2014 – $1,577,897) with the incorporation of a depletion charge for the underground mine and depreciation charges for Santa Elena's mill and CCD/MC processing facilities that were not recorded in Q2, 2014.

Proposed Transaction with First Majestic
As announced on July 27, 2015, the Company entered into a definitive agreement ("Arrangement") with First Majestic whereby First Majestic will acquire all of the issued and outstanding shares of SilverCrest for consideration of 0.2769 common shares of First Majestic plus CAD$0.0001 in cash, and 0.1667 common shares of New SilverCrest for each SilverCrest common share held. The transaction excluding New SilverCrest equated to a 37% premium to the SVL share price as of the date of the Arrangement and a 21.4 % ownership in First Majestic by SilverCrest shareholders. In addition to ownership in First Majestic, SilverCrest shareholders will benefit from First Majestic's liquidity in the market place, diversity provided by six operating mines, and management's long history of successful operations in Mexico. A meeting of SilverCrest shareholder's has been called for September 25, 2015 to seek approval for the transaction with closing expected to occur in early October.

OPERATIONAL UPDATE
As of July 31, 2015, the Santa Elena Mine has generally been performing better than operating numbers reported for the first half ("H1"), 2015. Currently, the average underground ore mining rate is 1,200 tonnes per day. Average milling rate is 3,000 tonnes per day with a planned blend of mill feed of 40% underground and 60% leach pad ore. The most significant operational improvement is the increase in silver recoveries from a H1, 2015 average of 68% to a current recovery rate of 85%. Recovery increase is attributed to injection of oxygen and lead nitrate into processing leach tanks. The current annual budget estimate for silver recoveries is 70%.

Q2 FINANCIALS CONFERENCE CALL
A conference call to discuss the results for the 2015 second quarter financial results will be held on Thursday, August 13, 2015. The call will be held at 10am PDT (1pm EDT). To participate in the conference call, please dial the following:

Updated Participant Dial-In Number(s)
Local – Toronto: 1-416-764-8688
Local – Vancouver: 1-778-383-7413
North American toll-free: 1-888-390-0546

A replay of the conference call will be archived for later playback on the Company's website www.silvercrestmines.com.

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 Chief Operating Officer for SilverCrest Mines Inc., who has reviewed and approved its contents.


SilverCrest Mines Inc. (NYSE MKT: SVLC; TSX: SVL) is a Canadian precious metals producer headquartered in Vancouver, BC . SilverCrest's flagship property is the 100%owned Santa Elena Mine, located 150 kilometres northeast of Hermosillo , near Banamichi in the State of Sonora , Mexico. The mine is a highgrade, epithermal silver and gold producer, with a current reserve estimated life of mine of 8 years and average operating cash costs of $12 per ounce of silver equivalent (64.5:1 Ag:Au based on ounces sold). SilverCrest anticipates the 3,000 tonnes per day conventional mill facility at the Santa Elena Mine should recover an average of 1.6 million ounces of silver and 33,800 ounces of gold per annum over the current reserve life. Exploration programs continue to result in discoveries at Santa Elena and have advanced the definition of a large polymetallic deposit at the La Joya property in Durango State, Mexico.

CAUTIONARY NOTE REGARDING 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. These include, without limitation, statements with respect to: the economic viability of a project; strategic plans and expectations for the development of the Company's operations and properties; estimates of mineral reserves and mineral resources; the amount of future production of gold and silver over any period; the amount of expected grades and ounces of metals and minerals; expected cash operating costs and outflows; life of mine and prices of metals and minerals.

These forward-looking statements relate to analyses and other information that are based on, without limitation, the following estimates and assumptions: presence of and continuity of metals at the Company's projects; cost of production and productivity levels at the Santa Elena Mine; availability and costs of mining equipment and skilled labour; accuracy of the interpretations and assumptions used in calculating reserve and resource estimates; operations not being disrupted or delayed by unusual geological or technical problems; and ability to develop and finance projects.

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 the fluctuations in the price of consumed commodities; 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 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; and risks related to governmental regulations and obtaining necessary licenses and permits.

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 Company undertakes no obligation to update or revise any forward-looking statements, except as otherwise required by applicable law.

CAUTIONARY NOTE REGARDING NON-IFRS PERFORMANCE MEASURES
This news release includes certain terms or performance measures commonly used in the mining industry that are not defined under IFRS, "Cash flows from operations before changes in working capital items", "Cash operating cost per AgEq ounce sold", "All-in sustaining cash cost per AgEq ounce sold", "Adjusted earnings" and "Adjusted earnings per share". The Company believes that, in addition to conventional measures prepared in accordance with IFRS, certain investors use this information to evaluate SilverCrest's performance and its ability to generate cash flow. The data presented is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. Please refer to the Company's MD&A for the six months ended June 30, 2015, for a reconciliation of these measures to reported IFRS results.

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

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