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SilverCrest Metals Inc.

Company Detail

Description

Vancouver-based SilverCrest Metals Inc (SilverCrest) is a precious metals exploration company established in 2015, following the acquisition of the former SilverCrest Mines Inc. by mining company First Majestic Silver Corp. The company is focused on making new discoveries and acquiring value-added assets, specifically in Mexico's precious metals districts, mostly in Sonora state, where the Las Chispas, Huasabas, Cruz de Mayo, Silver Angel and Estacion Llano properties are located, and one other property, Guadalupe, located in Durango state. In total, the company owns 25 mineral concessions in the country, spanning an area of 10,380ha. SilverCrest is currently focused on developing its Las Chispas property, with a surface and underground drilling program underway on four out of 19 veins —Las Chispas, William Tell, Babicanora and Varela.

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