SilverCrest Addresses Current Share Price Activity

VANCOUVER, BC – April 19, 2016 - SilverCrest Metals Inc. (“SilverCrest” or the “Company”), in response to a request of IIROC, confirms that it is not aware of any material, undisclosed information related to the Company, which would provide reason for the recent increase in volume and price of the Company’s stock. The Company has started drilling on its Las Chispas Property in Sonora, Mexico with no results to report to date. Please refer to the Company’s news release dated March 2, 2016 for its Las Chispas Mine rehabilitation and drilling plans, including initial sampling results which can be obtained from the website, www.silvercrestmetals.com.

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 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 through discovery, finance, on time and on budget construction, and production with subsequent increased value to shareholders.  

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) 694-1761
Toll Free:       1-866-691-1730 (Canada & USA)
Email:             [email protected]
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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