SilverCrest Metals Inc. in response to a request of IIROC, confirms that it is not aware of any material, undisclosed information related to the Company, which would provide reason for the recent increase in volume and price of the Company’s stock. The Company has started drilling on its Las Chispas Property in Sonora, Mexico with no results to report to date. Please refer to the Company’s news release dated March 2, 2016 for its Las Chispas Mine rehabilitation and drilling plans, including initial sampling results which can be obtained from the website, www.silvercrestmetals.com.

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.