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SilverCrest Continues to Intercept High-Grade Mineralization at Las Chispas Property, Extensions to Las Chispas and Giovanni Veins

Hole No.***From
(m)
To
(m)
Est. True Thickness**
(m)
Au
Gpt
Ag
Gpt
AgEq*
Gpt

Vein
LC17-57160.3160.80.51.28167.0263Varela
LC17-58319.9321.92.00.28221.5243Un-Named
 440.8443.02.20.98172.5246Las Chispas
LC17-60100.6102.72.12.28469.5641La Blanquita
LC17-61115.5117.11.62.39516.0695La Blanquita
LC17-65243.0244.51.513.222,006.72,999Un-Named
LC17-66134.2135.61.41.15132.2218Giovanni
 221.7222.71.01.30160.0258Un-Named
LC17-68106.0108.02.05.851,191.51,630Giovanni
 138.9140.01.10.05320.0324Un-Named
LC17-69168.2169.81.61.95252.0398Las Chispas &Giovanni
incl.168.2168.70.54.15512.0823 
 179.1180.91.80.32306.9330Un-Named
LC17-70157.8158.30.50.17239.0252Las Chispas
LC17-72115.0119.04.018.61696.22,092Giovanni
incl.115.0115.80.892.602,890.09,835 
 178.9179.60.71.18176265Las Chispas
 246.9247.91.01.43196303Un-Named
 254.9256.71.83.41265.4521Un-Named
LCU17-026.810.02.29.421,369.32,076Las Chispas
LCU17-030.02.02.00.84114.0177Las Chispas
LCU17-0434.342.56.31.97241.4389Tajo Chico
Incl.34.336.31.71.99219.6369 
incl.40.341.00.413.751,745.02,776 
Incl.42.042.50.43.43436.0693 
LCU17-0554.154.60.51.65253.0377Tajo Chico
 76.777.81.11.41213.4319Giovanni
LCU17-07A46.549.52.51.45145.7254Tajo Chico

Note: all numbers are rounded
*AgEq based on 75 (Ag):1 (Au) and 100% metallurgical recovery.
**True thickness is 80 to 100% of drilled thickness.
***Las Chispas surface holes begin with "LC" and underground holes begin with "LCU".

ABOUT SILVERCREST METALS INC.                                                                                                               

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 preparation of an initial extraction program for bulk sample testing and preparation of an initial resource estimate; 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
President &
CEO
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

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