Issue link: http://resourceworld.uberflip.com/i/912601
D E C E M B E R / J A N U A R Y 2 0 1 8 www.resourceworld.com 51 570 Granville Street, Suite 501, Vancouver, BC V6C 3P1 Tel: 604-694-1730 | Fax: 604-694-1761 | Toll Free: 1-866-691-1730 (Canada & USA) TSX.V: SIL | www.silvercrestmetals.com 570 Granville Street, Suite 501, Vancouver, BC V6C 3P1 Tel: 604-694-1730 | Fax: 604-694-1761 | Toll Free: 1-866-691-1730 (Canada & USA) Why SilverCrest Metals? • Proven Management • Cash position of $2.1 million • First Company to drill in a district play with 19 known epithermal veins. To date 9 veins have been partially drilled and 4-5 are being considered for a potential resource estimate. • Expanded Phase II drilling campaign with 4,000 metres of drilling to be completed for a total of 29,000 metres in 2017. • Of the reported drilling results, 69 intercepts are greater than 600 gpt AgEq*. • Potential for additional discoveries of "unnamed" high grade veins. • Maiden resource estimate in Q1 2018 depending on success rate. • Potential high grade bulk sample (permitted) for testing and cash ow. First needs an agreement for processing osite. *AgEq based on 75 (Ag) : 1 (Au) Why SilverCrest Metals? • Proven Management • Cash position of $2.1 million • First Company to drill in a district play with 19 known epithermal veins. To date 9 veins have been partially drilled and 4-5 are being considered for a potential resource estimate. • Expanded Phase II drilling campaign with 4,000 metres of drilling to be completed for a total of 29,000 metres in 2017. • Of the reported drilling results, 69 intercepts are greater than 600 gpt AgEq*. • Potential for additional discoveries of "unnamed" high grade veins. • Maiden resource estimate in Q1 2018 depending on success rate. • Potential high grade bulk sample (permitted) for testing and cash ow. First needs an agreement for processing osite. *AgEq based on 75 (Ag) : 1 (Au) C M Y CM MY CY CMY K SIL_Ad_4.875x4.7_1711_PRINT.pdf 1 2017-11-23 3:19 PM 86% from Q3 2016. Production averaged 200 tpd versus 125 tpd in Q2 2017. First Majestic Silver Corp. [FR-TSX; AG-NYSE] reported total production in Q3 2017 from its six operating silver mines in Mexico totaled 4.0 million equivalent oz silver. Total production consisted of 2.4 million oz silver, 15,414 oz gold, 5.2 million lbs lead and 900,000 lbs zinc. Production from the six mines is projected to be between 10.0 million and 10.6 mil- lion oz of pure silver or 15.7 million to 16.6 million oz silver equivalents in 2017. Fortuna Silver Mines Inc. [FVI-TSX; FSM-NYSE] produced 1,774,556 oz sil- ver and 13,248 oz gold from its San Jose silver-gold mine in Oaxaca in Q3 2017, 4% and 7% above budget, respectively. Silver and gold production for the first nine months totalled 5.5 million oz and 40,773 oz, respectively, being 2% and 5% above the mine's nine-month projection. Average head grades for silver and gold in Q3 were 229 g/t and 1.71 g/t, respectively. Garibaldi Resources Corp. [GGI- TSXV] is exploring three 100%-owned gold-silver (copper) exploration projects in Mexico: La Patilla in Sinaloa State, and the Rodadero and Tonichi projects in Sonora where encouraging drilling and sampling assays have been received. Geologix Explorations Inc. [GIX- TSXV; GIXEF-OTC; GF6-FSE] recently reinitiated field work at its 100%-owned Tepal gold/copper project in Michoacán State. The staged exploration approach is designed to expand the economic resource base and make additional discoveries with the goal of enhancing the Preliminary Economic Assessment before advancing to the pre-feasibility and/or feasibility stage. GoGold Resources Inc. [GGD-TSX] released production for the quarter ended September 30, 2017 of 353,370 silver equivalent oz at the Parral tailings proj- ect in Chihuahua, a 125% increase over the same quarter 2016 and a 12% increase over the prior quarter. GoGold also has the San Diego project in Durango. GoGold recently sold its Santa Gertrudis Project in Sonora to Agnico-Eagle Mines Ltd. Gold Resource Corp.'s [GORO-NYSE] MEXICO