SilverCrest is the first company to drill test the historic, high grade Las Chispas Silver-Gold project in Mexico, a past precious metals producer. *The Las Chispas project benchmarks in the top 3 highest silver grade deposits in the world.
SIL : TSX.V
An Expanding High-Grade Silver-Gold Discovery in an Established Mining Region
SILV : NYSE
*(1) Deposits with >50% silver in-situ value based on 75:1 Ag:Au and 100% metallurgical recovery, excluding impact of base metals
(2) This information has been prepared by RBC Capital Markets is taken from SNL Mining & Metals and from publicly available sources as of March 18, 2019, the completeness and accuracy of which has not been independently verified by the Company or by RBC Capital Markets.
High Grade Indicated & Inferred Resources
Indicated:1.0 million tonnes @ 1,234 gpt AgEq* for 40 million oz AgEq*
Inferred :3.6 million tonnes @ 581 gpt AgEq* for 68 million oz AgEq*
Significant Exploration Potential
Current Resource based on 10 of 30 known veins on the property
and 6 new targets to be tested in 2019
Defined Path to a Construction Decision
A preliminary economic assessment is set for Q2 2019
and a feasibility study & construction decision in early 2020
*AgEq based on 75 (Ag):1 (Au), calculated using long-term silver and gold prices of U.S.$17 per ounce silver and U.S.$1,225 per ounce gold with average metallurgical recoveries of 90% silver and 95% gold.