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2014-04-08

InvestmentPitch: SilverCrest Mines (TSX:SVL) (NYSE-MKT:SVLC) Issues Update on Expansion of the Santa Elena Mine in Sonora, Mexico. - Video News Alert on Invest

Vancouver, BC, April 8, 2014 - SilverCrest Mines (TSX:SVL) (NYSE-MKT:SVLC) has
issued an update on the expansion of the Santa Elena Mine, located in Sonora,
Mexico. The Santa Elena Mine expansion is on budget (+/-5%) with initial
start up of the new 3,000 tonne per day operation anticipated later this
month.

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.

The new CCD/Merrill Crowe processing plant is 96% complete with final
electrical and piping work being completed and tested over the next two
weeks. 80% of the major equipment has been tested and passed for initial
start up. The remaining 20% will be tested during start up, with
representatives from the primary equipment supplier on site supervising final
work in anticipation of mill commissioning over the next 3 months.

During the commissioning period, ore feed will come from a blend of high grade
underground ore and the upper part of the leach pad, which represents the
last 6 months of high grade open pit production that has received only
partial leaching.

Underground mining and development is being accelerated to a rate of 20,000 to
25,000 tonnes per month, up from 5,000 tonnes per month, which will replace
ore that was expected from the open pit production, which was ceased on April
4th, approximately 3 months ahead of original schedule.

N. Eric Fier, President and COO stated; "We are pleased with the final stages
of the Santa Elena Expansion Plan which
will significantly increase our precious metal production starting in
mid-2014. Previous delay in delivery of the ball mill has pushed back our
original Q1 start up to early Q2 while remaining on budget. The start up of
the mill this month will be a major milestone for SilverCrest. The Company
continues to grow as a low cost junior operator transitioning into a
successful mid-tier precious metal producer. As part of a revised start up
schedule we have elected to discontinue open pit operations and accelerate
underground operations. These operational changes may have some impact on Q2
production but no change to the previously announced 2014 corporate
production guidance of 3.3 to 3.6 million ounces AgEq (60:1)
."

SilverCrest management anticipates achieving an all-in sustaining cash cost of
$11 to $12 per silver ounce equivalent sold.

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 $2.05 on the Toronto Stock Exchange, and with
118.7 million shares outstanding, the company is capitalized at $243 million.
For more detailed information please refer to today's 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

InvestmentPitch.com is a leading international producer and distributer of
specialized video content for the investment community. The company
specializes in producing three minute videos based on news releases, research
reports and other news of interest to investors.

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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