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SilverCrest Metals Inc.

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Summary

Project:

Las Chispas

Deposit:Las Chispas
Location:Mexico
Commodities:Gold-Silver
Date:7/22/2019
Report Code:NI43-101
Report Type:PEA
Project Stage:Pursuing Resource Increase/Upgrade
Report details:22-7-2019: SilverCrest Metals Inc. announces a PEA report for its Las Chispas deposit at the Las Chispas project. Amended PEA results incl. post-tax NPV of US $407M (5%), IRR of 78%. SilverCrest Metals Inc. (SilverCrest) retained Tetra Tech Canada Inc. (T
Resources:(Resource): 1.0Mt @ 6.98g/t Au, 710.6g/t Ag (Ind.), 3.6Mt @ 3.3g/t Au, 332.5g/t Ag (Inf.)
CP/QP:[Overall Report]: James Barr, Hassan Ghaffari (Tetra Tech/Coffey Mining Ltd.)
ABSTRACT:SilverCrest Metals Inc. (SilverCrest) retained Tetra Tech Canada Inc. (Tetra Tech) to prepare a National Instrument 43-101 (NI 43-101) Technical Report and Preliminary Economic Assessment (PEA) for the Las Chispas Property (Las Chispas or the Property), located in the State of Sonora, Mexico. The effective date of this PEA is May 15, 2019 and the effective date of the Mineral Resource Estimate is February 8, 2019.

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