SilverCrest Announces Q2 Production; 173,000 Ounces Silver and 3,995 Ounces Gold - Seite 2

The mill is currently running at approximately 2,130 tpd on a continuous basis, and is undergoing further fine-tuning during ramp up to 3,000 tpd. As planned, the mill feed during the commissioning period has come from the leach pad reserve ("pad ore"), with blending of higher grade underground ore to start during Q3, 2014. Approximately, 40,100 tonnes of pad ore was milled up to June 30, grading 0.79 gpt Au and 54.1 gpt Ag, which is approximately 25% higher for gold and 50% higher for silver compared to budgeted grades of 0.63 gpt Au and 36.0 gpt Ag. In June, the new mill produced 48,992 ounces of silver and 901 ounces of gold. Preliminary recovery estimates for the new mill indicate that the design recoveries of 92% of Au and 67.5% of Ag will be reached as the circuit achieves its steady-state 3,000 tpd throughput.

SilverCrest continues ore development on five levels in the underground mine. During the second quarter, approximately 29,000 tonnes of development ore were mined and stockpiled for future mill processing. The ore grade is 1.53 gpt Au and 111.6 gpt Ag, which is consistent with current reserve models. All underground production equipment purchased by the Company is on site. SilverCrest personnel will undertake all production mining from Avoca stopes (mining from the bottom up with subsequent back-filling), and all development work will continue to be done by a contractor. Production stoping is scheduled to begin in late July.

Current market guidance of 3.3 to 3.6 million AgEq ounces for 2014 remains unchanged, since the second half of 2014 is expected to be heavily weighted with significantly higher metal recoveries, and full production through the mill. Market production guidance will be reviewed for possible revisions once mill commissioning is complete and underground stope production is underway.

Second Quarter Financial Results Release:

The Company plans to issue its second quarter financial results on Thursday, August 14, 2014.

The Qualified Person under National Instrument (NI 43-101) Standards of Disclosure for Mineral Projects for this News Release is N. Eric Fier, CPG, P.Eng, President and Chief Operating Officer for SilverCrest Mines Inc., who has reviewed and approved its contents.

SilverCrest Mines Inc. (NYSE MKT:SVLC)(TSX:SVL) is a Canadian precious metals producer headquartered in Vancouver, BC. SilverCrest's flagship property is the 100%‐owned Santa Elena Mine, located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, México. The mine is a high‐grade, epithermal silver and gold producer, with an estimated life of mine of 8 years and average operating cash costs of $11 per ounce of silver equivalent (55:1 Ag:Au). SilverCrest anticipates that the new 3,000 tonnes per day conventional mill facility at the Santa Elena Mine should recover an average of 1.5 million ounces of silver and 32,800 ounces of gold per year over the current projected mine life. Major expansion and commissioning of the 3,000 tonnes per day conventional mill facility is nearing completion and is expected to significantly increase metals production at the Santa Elena Mine in 2014 and beyond. Exploration programs continue to make new discoveries at Santa Elena, and also have rapidly advanced the definition of a large polymetallic deposit at the La Joya property in Durango State, Mexico.