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SilverCrest Metals Inc. (SVCMF)

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Last Post: 10/12/2018 6:46:48 PM - Followers: 2 - Board type: Free - Posts Today: 0

Corporate Head Office

SilverCrest Metals Inc.
570 Granville Street, Suite 501
Vancouver, BC V6C 3P1

Tel: (604) 694-1730
Toll Free: 866-691-1730 FREE 
Fax: (604) 694-1761

Investor Relations

Fred Cooper, Investor Relations
Telephone: 604-694-1730  ext 108
Email: info@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 experience and success in applying a responsible “phased approach” business model in taking projects from discovery, finance, on time and on budget construction, and production with subsequent increased value to shareholders. The Company was formed following the acquisition of SilverCrest Mines Inc. by First Majestic Silver Corp., which remains a shareholder in SilverCrest Metals Inc.


Las Chispas

The Las Chispas property is located approximately 180 kilometres northeast of Hermosillo, Sonora, Mexico. The community of Arizpe (estimated population 2,000) is located approximately 12 kilometres to the north of the property. The property consists of 17 concessions totalling to 1326.78 hectares.

In the first half of 2015, SilverCrest completed negotiations with local Mexican individuals and a Mexican company to acquire the property under several option to purchase agreements.  In 2014, prior to obtaining title to the property, SilverCrest incurred U.S.$149,599 in concession payments and other exploration expenditures. From January 1, 2015 to the date of the Application, SilverCrest incurred additional U.S.$69,146 in exploration expenditures, of which U.S.$50,000 was for concession payments.

Geologically, the Las Chispas property consists of a Late Cretaceous – Early Tertiary low sulfidation epithermal system. Host rocks are volcanic tuffs, rhyolites, agglomerates and rhyolite breccias. Andesite dykes are noted in underground workings sub-parallel to mineralized structures.

The Las Chispas Mine is known for its world-class silver mineral specimens including polybasite, stephanite, native silver and pyrargyrite. Specimens are on display in private collections and museums worldwide.

Mineralization occurs in 0.5 to 5 metre wide veins with adjacent stockwork and breccias trending northwest- southeast for 1 to 1.5 kilometres. Depth from surface of known mineralization is estimated at 300 metres. Main veins dip 55 to 85 degrees to the southwest. Fourteen epithermal veins have been previously defined on the property of which 3 have had notable production. The historical producing veins included Las Chispas, Guillermo Tell, and Babicanora.  From public information, the Las Chispas mill production between 1908 through 1911 was approximately 25,000 tonnes grading 35 gpt gold and 4,500 gpt silver totalling an estimated 25,000 ounces of gold and 3.2 million ounces of silver. Several kilometres of underground workings exist on the property and are partially accessible.

Las Chipas Area

Targets for modern exploration include drilling of near-surface (0 to 100 metres) vein extensions, depth (200 to 400 metres) extensions of historical producing areas, potential open pitable stockwork and breccia zones, and possibly reprocessing remaining waste and old tailings dumps.

Las Chispas Mine  Las Chispas Mine

SilverCrest Metals plans to conduct general exploration including mapping, sampling, geochemical analysis by December 31, 2015 for approximately Cdn.$25,000. Based on results of the general exploration, the Company is planning to conduct a drill program in Q1/16 to test known targets in the Las Chispas area. Payment obligations on the Las Chispas property during the next 18 months are property payments of U.S.$50,000 in 2015 and U.S.$105,000 in 2016.

N. Eric Fier, CPG, P.Eng., President and Chief Executive Officer of the Company, is the Qualified Person under National Instrument 43-101, Standards of Disclosure for Mineral Projects, responsible for the preparation of the technical information included in this website and for supervision of field activities related to the Company projects.


The Huasabas property is located approximately 190 kilometres northeast of Hermosillo, Sonora, Mexico. The community of Huasabas (estimated population 1,000) is located approximately 15 kilometres to the southeast of the property. The property consists of one concession totalling to 800 hectares. The property was claimed by SilverCrest in 2013 during a reconnaissance trip.                                                                                    

Previous field mapping and sampling showed anomalous gold, silver, mercury, antimony, and barium occurring in 0.5 - 30 m wide veins, stockworks and breccias approx. 1 km in strike length. A small drill program consisting of 6 core holes has commenced with initial results to be expected in Q1/16.

Target for exploration is a precious metal mineralized epithermal system.

Obligations or known future taxes payable in respect of the Huasabas property are expected to total approximately U.S.$800 per year.

Hausabas 20150916

N. Eric Fier, CPG, P.Eng., President and Chief Executive Officer of the Company, is the Qualified Person under National Instrument 43-101, Standards of Disclosure for Mineral Projects, responsible for the preparation of the technical information included in this website and for supervision of field activities related to the Company projects.

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#38   SILV Chart conix 10/12/18 06:46:47 PM
#37   I've asked them to but no luck 236T568 10/12/18 02:08:02 PM
#36   Investors hub needs to change the symbol here. conix 10/11/18 02:07:52 PM
#35   The next reports from the field on the conix 10/11/18 02:06:54 PM
#34   Anybody notice the new price target? I'm boo boo 10/10/18 09:50:55 AM
#33   They are now NYSE 236T568 08/22/18 10:02:41 PM
#32   Why did the symbol change? eddyimano 08/22/18 06:52:27 PM
#31   New symbol SILV 236T568 08/21/18 10:19:58 AM
#30   Updated Chart: boo boo 06/20/18 12:24:16 PM
#29   This stock only goes up Panzer 06/20/18 01:02:26 AM
#28   @POTUS going back to the gold standard? boo boo 06/18/18 10:25:55 AM
#27   Just keeps going up something up with silvercrest Panzer 06/15/18 11:49:49 PM
#26   investorshub.advfn.com/uimage/uploads/2018/6/12/ytdefsilver0612.png[/char boo boo 06/12/18 11:00:34 AM
#25   Looks like breakthrough of $2 imminent Panzer 05/03/18 03:32:39 PM
#24   Panzers best silver runner here since under a buck! Panzer 02/15/18 09:16:17 AM
#23   Silvercrest continuing to BOOM!! Panzer 12/28/17 08:46:29 PM
#22   Am I only one booming here??? Panzer 12/18/17 11:57:50 AM
#21   Beautiful moves here more to come Panzer 12/18/17 12:56:19 AM
#20   Added today long term pivot coming Panzer 11/30/17 07:03:28 PM
#19   Adding steadily on the way down for sure Panzer 10/31/17 10:12:23 AM
#18   That may well be. Will watch to maybe bigone 10/30/17 09:32:50 PM
#17   Load silver, gold stocks with 2-10yr horizon Panzer 10/28/17 01:13:54 AM
#16   Yes, but great long term buy ranges Panzer 10/28/17 01:13:27 AM
#15   We may see metals prices challenged for a while? bigone 10/25/17 04:28:41 PM
#14   Let's see how long a buck holds Panzer 10/24/17 12:15:29 AM
#13   Thanks for your response. bigone 10/20/17 07:14:06 AM
#12   Slicing through support not looking good near term Panzer 10/18/17 06:55:54 PM
#11   Thanks for the heads up. bigone 10/13/17 04:51:03 PM
#10   Loading in this range love it Panzer 10/13/17 11:26:11 AM
#9   They seem to be rather quiet. bigone 10/06/17 10:16:47 PM
#8   This one a multi year hold from here Panzer 10/05/17 10:25:17 AM
#7   Good luck to all of us. bigone 10/04/17 04:30:07 PM
#6   Loading up and gonna kill it on silver Panzer 10/03/17 05:53:21 PM
#5   Silver way way down time to buy Panzer 10/03/17 05:52:53 PM
#4   Panzer moving tanks into position Panzer 10/03/17 05:52:37 PM
#3   $SVCMF recent news/filings stocktrademan 03/20/16 02:11:32 PM
#2   Any one here? We have a few shares bigone 03/14/16 10:13:40 PM
#1   SilverCrest is a Canadian precious metals exploration company roger wilco 01/27/16 09:48:10 AM
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