SilverCrest Metals Inc. announced the appointment of Hannes Portmann to the Board of Directors replacing George Sanders, who is retiring from the Board. SilverCrest also provided a brief update of ongoing activities at the Las Chispas project. Mr. Portmann is a mining executive with significant management and capital markets experience. Through May 2018, he spent 10 years with New Gold Inc., ultimately serving as President and Chief Executive Officer of the intermediate gold producer. Previously, Mr. Portmann served as Executive Vice President, Business Development with primary responsibilities including corporate development, investor relations, human resources, and exploration. Prior to New Gold, Mr. Portmann was a member of the Merrill Lynch investment banking mining group and the assurance and advisory practices of PricewaterhouseCoopers LLP.

SilverCrest is proceeding with the construction of an exploration decline to access the Babicanora Vein, Area 51 zone. The Company is finalizing its selection of contractors to construct this decline, estimated to be 500 metres long, 4.5 metres wide by 4.0 metres in height. The work will also include drifting 600 to 800 metres along the strike of vein mineralization to collect information on vein grade and width continuity, reconciliation with the resource model, geotechnical parameters, mineability, and bulk sampling for additional metallurgical testwork. During the construction of the exploration decline, the Company will set up drill stations to further in-fill drill the Area 51 zone and test for extensions at depth. The Company expects to be drifting in high-grade mineralization and stockpiling of this material in the second half of 2019.