Corporate Presentation August 2015
Cautionary Statement This presentation contains forward-looking statements within the meaning of applicable 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 Project, including 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 the accessibility of future mining. Assumptions have been made regarding, among other things: conditions in general economic and financial markets; availability of skilled labour; timing and amount of exploration and capital expenditures; 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 the risk factors set forth below and elsewhere in this presentation: availability of funds; timing and content of work programs; results of exploration activities of mineral properties; interpretation of drilling results and other geological data; uncertainties of resource estimations; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project cost overruns or unanticipated costs and expenses; operating and hazards risks and limitations on insurance risk; fluctuations in commodity product prices; currency fluctuations; political and economic risks; and general market and industry conditions. 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 presentation, except as otherwise required by applicable law. Qualified Persons Under National Instrument 43-101 - Standards of Disclosure for Mineral Projects, the Qualified Person for this presentation is N. Eric Fier, CPG, P.Eng., President & CEO for SilverCrest Metals Inc., who has reviewed and approved its contents. 2
Who We Are Experienced management team and Board of Directors with track record of value creation SilverCrest s vision is to again become a successful precious metals producer over the next few years! Well funded with approx. Cdn$11.8 million cash Focused on new discoveries, value-added acquisitions, development and production in historic precious metal districts of Mexico Immediate focus on Las Chispas historic district, with reported historic production grades of 15 gpt gold and 1,700 gpt silver over 1 to 5 metres SilverCrest is the first company to drill test the Las Chispas Silver- Gold District 3
Experienced & Successful Management Team N. Eric Fier, CPG, P.Eng., President & CEO, Director (30+ years experience, Geological & Mining Engineer) Exploration, Operations, Project Evaluation & Management. Previously with SilverCrest Mines, Newmont Mining, Eldorado Gold, Pegasus Gold Corp. Involvement in exploration, feasibility, finance, construction and operations of 4 successful mines, including Santa Elena in Sonora Mexico. Several major international discoveries. Anne Yong, CPA, CA, CFO, (10+ years experience) Prior to her role as Controller with the Company, she was the Corporate Compliance and Disclosure Officer of SilverCrest Mines. During her seven years with a Vancouver CPA firm, she primarily serviced reporting issuers listed on the TSX and TSXV. She also successfully completed a 13-month secondment with the BCSC as a Securities Analyst. Barney Magnusson, CA, Executive VP, Director (35+ years experience, Finance) Served as an Officer and Director of 7 mining (Dayton Mines, High River Gold Mines) companies that financed, developed, constructed or operated 9 precious metals mines in North and South America. Nicholas Campbell, VP Business Development, (12+ years experience, Finance & Corporate Valuation) Responsible for the implementation and execution of all aspects to the Company s business development opportunities. His experience also includes 10 years in capital markets as a mining research analyst. He s also currently the CFO of Goldsource Mines. Michael Rapsch, VP Corporate Communications, (10+ years experience, Marketing/Investor Relations) Responsible for the implementation, management and execution of all marketing and investor relations related programs, including but not limited to communicating with retail and institutional investors across North America and Europe. Experienced Board of Directors Graham C. Thody, CA, Non-Executive Chairman, Director (30+ years experience, Finance/Accounting) John H. Wright, P.Eng., Director (40 years experience, Metallurgist) Dunham L. Craig, P.Geo., Director (26 years experience, Geologist) George W. Sanders, Director (35 years experience, Finance) Ross O. Glanville, P.Eng., MBA, CGA, Director (40 years experience, Mining Engineer) 4
Corporate Structure Capital Structure Issued & Outstanding 48,103,767 Options 4,000,005 Warrants 8,517,571 Fully Diluted 60,621,343 Ownership (Based on Issued & Outstanding) Management/Board 10% Institutional Holdings (est. March 2017) 24% Source: IPREO; Company records Major Shareholders: Donald Smith & Co., AGF, Sprott Asset Recent Share Price (Mar 01, 2017) $2.64 Market Capitalization (million) $ 127 Cash on hand (Cdn million) $11.8 90-day Avg. Daily Volume (TSXV) 73,719 shares 5
SIL Properties, Sonora, Mexico Tucson 270 km Historic El Tigre Mine Angel de Plata (SIL) La Caridad Mine (Grupo Mexico) Mercedes Mine (Premier Gold) Historic Las Chispas District (SIL) Cruz de Mayo (SIL) Historic Valenzuela Mine Santa Elena Mine (First Majestic) Huasabas (SIL) Hermosillo 140 km 0 25 km 6
Exploration Project Las Chispas Las Chispas area is conveniently located 160 km NE of Hermosillo, Sonora, Mexico. Santa Elena and Mercedes Mines are nearby with highway access. Public domain information suggests historic district production of approx. 100 million oz of silver and 200,000 oz of gold with production grades of approx. 15 gpt gold and 1,700 gpt silver over 1 to 5 metres. To date, approx. 9.5 km of 11.5 km of underground workings have been rehabilitated by SilverCrest. Systematic rehabilitation work will continue over the next several months. Historic Las Chispas Processing Facility Phase 2 surface and underground drilling program for minimum of 8,000 metres is underway, and 50% of the campaign has been completed. Drilling to focus on surface and underground targets at Babicanora, infill drilling and possible extensions of the Las Chispas, William Tell and Varela veins. Initial phase 2 underground drilling results from Babicanora encountered multiple intercepts greater than 1,000 gpt AgEq. (refer to news release dated March 02, 2017) Based on continued success, results to be incorporated into a maiden resource estimate for Las Chispas later in 2017. Historic Babicanora Processing Facility Negotiate an offsite processing agreement for large bulk sample in 2017. 7
Las Chispas Area (Looking East) Santa Elena Mine 25 km South A, B, C 14 known veins trending northwest to southeast Las Chispas Target A B C Babicanora Target 0 1km 8
Las Chispas Babicanora Target 9
Las Chispas Babicanora Target August 2016 10
Las ChispasMain Vein Long Section 11
Typical Geological Cross-Section Through The Las Chispas Property (Looking North) 12
Las Chispas Phase 2 Surface & Underground Drilling Program 13
Las Chispas Underground Rehabilitation Program 14
Why SilverCrest Metals? Proven Management. Strong cash position at $11.8 million. First drill holes in a district play with 19 known veins. Continued success with ongoing drilling and underground rehabilitation. Initial Phase 2 drill assay results encountered multiple intercepts greater than 1,000 gpt AgEq at Babicanora. Maiden resource estimate later in 2017 depending on success rate. Potential high grade bulk sample in late 2017 for testing and cash flow. First needs an agreement for processing offsite. 15
Contact Us Tel: (604) 694-1730 Toll Free: 1-866-691-1730 Fax: (604) 694-1761 info@silvercrestmetals.com www.silvercrestmetals.com Suite 501-570 Granville Street Vancouver, BC V6C 3P1 SilverCrestMetals was recognized as a TSX Venture 50TM company in 2017. TSX Venture 50 is a trademark of TSX Inc. and is used under license. 16