SilverCrest Appoints Vice President, Business Development

TSX-V: SIL

VANCOUVER, Oct. 19, 2016 /CNW/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to announce the appointment of Mr. Nicholas Campbell as Vice President, Business Development. Mr. Campbell has over 12 years of finance and corporate valuation experience in the mining industry including 10 years capital market experience as a Mining Research Analyst. In his new position, Mr. Campbell will initially be working part-time and be responsible for developing, implementing and executing all aspects of SilverCrest's business development opportunities designed to accelerate the Company's growth and enhance its shareholder's value. He will maintain his full-time position as CFO for Goldsource Mines Inc.

The Company also announces that on October 17, 2016, the Company granted incentive stock options to Mr. Campbell to purchase 100,000 common shares of SilverCrest, exercisable for a term of five years at $2.56 per share. The options will be subject to SilverCrest's standard vesting schedule.

ABOUT SILVERCREST METALS INC.
SilverCrest is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company is led by a proven management team in all aspects of the precious metal mining sector, including the pioneering of a responsible "phased approach" business model taking projects through discovery, finance, on time and on budget construction, and production with subsequent increased value to shareholders.  

N. Eric Fier, CPG, P.Eng.
CEO and President
SilverCrest Metals Inc.

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SOURCE SilverCrest Metals Inc.