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2014-04-16

InvestmentPitch: SilverCrest Mines (TSX:SVL) (NYSE-MKT:SVLC) Announces Silver and Gold Production for Q1 at Santa Elena Mine in Mexico - Video News Alert on In

Vancouver, BC, April 16, 2014 - SilverCrest Mines (TSX:SVL) (NYSE MKT:SVLC)
announced the silver and gold production numbers for the first quarter of
2014 from its Santa Elena Mine. The 100% owned Santa Elena Mine, located in
the State of Sonora, Mexico, is a high-grade, epithermal silver and gold
producer

InvestmentPitch.com has produced a "video news alert" about SilverCrest Mines.
If this link is not enabled, please visitwww.InvestmentPitch.comand enter
"SilverCrest" in the search box.

Highlights of the first quarter of 2014 versus the first quarter of 2013
include:
- Silver production of 201,101 ounces, a 31% increase
- Gold production of 7,545 ounces, 1 4% increase
- Silver equivalent production of 653,801 ounces, a 17% increase
- Waste to ore ratio of 0.94, a decrease of 78%, was consistent with the mine
plan
- Ore Tonnes crushed decreased 21% to 200,982 tonnes, with throughput
averaging 2,233 tonnes per day
- Average grades of silver loaded on the pad increased from 62.1 to 86.8 grams
per tonne, an increase of 40%, with gold increasing from 1.54 to 1.79 grams
per tonne, an increase of 16%

N. Eric Fier, President and COO stated, "During the first three months of
2014, Santa Elena experienced lower ore and
waste tonnes mined from the open pit as it approached the end of its mine
life. However, metal production exceeded corporate guidance projections for
the quarter. The Company continues to focus on the completion stages of the
Santa Elena Expansion Plan which should significantly increase our annual
precious metal production starting in mid-2014. The recently announced pit
closure at Santa Elena may have some impact on Q2 production but SilverCrest
maintains the previously announced 2014 corporate production guidance of 3.3
to 3.6 million ounces AgEq (60:1)
."

SilverCrest is now focusing on the accelerated development of the underground
mine at Santa Elena with 2,480 metres of the main ramp driven to date, which
will provide access to high grade mill feed starting in the second quarter of
2014. Initially, the mill will process leach pad ore only and underground ore
will be stockpiled. Later in the second quarter, the company anticipates
blending of leach pad and underground ore, with testing of optimal mix ratios
in second half of the year.

SilverCrest anticipates the new 3,000 tonnes per day conventional mill
facility should recover an average annual rate of 1.5 million ounces of
silver and 32,800 ounces of gold over the current reserve. The mine has an
initial estimated life of 8 years with operating cash costs of $11 per ounce
of silver equivalent using a ratio of 55 ounces of silver to 1 ounce of gold.

Exploration programs continue to make new discoveries at Santa Elena and have
rapidly advanced the definition of a large polymetallic deposit at the La
Joya property in Durango State, Mexico.

SilverCrest currently trades at $1.85 on the Toronto Stock Exchange, and with
118.7 million shares outstanding, the company is capitalized at $220 million.
For more detailed information please refer to the news release on the
company's websitewww.silvercrestmines.com, or contact Fred Cooper at
1-866-691-1730 ext 108 or emailinfo@silvercrestmines.com.

About InvestmentPitch

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specialized video content for the investment community. The company
specializes in producing three minute videos based on news releases, research
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CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
bmorgan@investmentpitch.com

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: InvestmentPitch via Globenewswire

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