Other Projects

The Silver Angel Property

The Silver Angel property is located approximately 165 kilometres northeast of Hermosillo, Sonora, Mexico. The community of Arizpe (estimated population 2,000) is located approximately 25 kilometres to the west of the property. The property consists of one concession totalling 619 hectares. In 2003, SilverCrest acquired the Silver Angel property by concession applications.

At this time, SilverCrest Metals has no plan to perform any work on the Silver Angel property. Future payments, obligations or known future taxes payable in respect of the Silver Angel property are expected to total approximately U.S.$10,000 per year.

The Estacion Llano Property

The Estacion Llano property is located approximately 140 kilometres north of Hermosillo, Sonora, Mexico. The community of Estacion Llano (estimated population 1,000) is located approximately 8 kilometres to the east of the property. Also, Timmins Gold’s San Francisco mine is adjacent to the property. The property consists of one concession totalling to 2,378.76 hectares.

At this time, SilverCrest Metals has no plan to perform any work on the Estacion Llano property. This property is currently subject to litigation and depending on the outcome, may not be transferable to SilverCrest Metals.  As a result, there are no known future payments, obligations or known future taxes payable in respect of the Estacion Llano property except for concession payments of approximately U.S.$25,000 per year.

The Guadalupe Property

The Guadalupe Property is located approximately 110 kilometres northwest of Durango City, Durango, Mexico. The community of Gavilanes (estimated population 145) is located adjacent to the property and San Miguel de Cruces (estimated population 1,800) is approximately 25 kilometres north. The property consists of one concession totalling 4,762.2 hectares.

The property was claimed by Hochschild Mining in 2007 and subsequently acquired by First Majestic in 2010. Santa Cruz Silver Mining recently discovered the “Gavilanes Deposit” immediately adjacent to the property. Primero Mining’s San Dimas Mine is approximately 20 kilometres to the southwest.

At this time, SilverCrest Metals has no plan to perform any work on the Guadalupe property. Future payments, obligations or known future taxes payable in respect of the Guadalupe property are expected to total approximately U.S.$50,000 per year.

N. Eric Fier, CPG, P.Eng., President and Chief Executive Officer of the Company, is the Qualified Person under National Instrument 43-101, Standards of Disclosure for Mineral Projects, responsible for the preparation of the technical information included in this website and for supervision of field activities related to the Company projects.

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