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SilverCrest Announces Initial Drill Results for El Picacho Property; 21 Drill Hole Intercepts Average 4.1 Metres Grading 660 gpt AgEq


TSX: SIL | NYSE American: SILV SilverCrest Metals Inc. is pleased to announce the commencement of drilling, and initial results, at El Picacho Property located near its Las Chispas Project in Sonora, Mexico . Highlights for El Picacho Property and Veins: The best intercepts from initial drilling include; Hole PI-20-006 at 7.25 metres of estimated true width grading 40.49 grams per tonne gold and 260.4 gpt silver or …
TSX: SIL | NYSE American: SILV
SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce the commencement of drilling, and initial results, at El Picacho Property (“El Picacho” or the “Property”) located near its Las Chispas Project in Sonora, Mexico ( see attached Figures ). ....

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SilverCrest Announces US$120 Million Bought Deal Financing


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
SilverCrest Announces US$120 Million Bought Deal Financing
SilverCrest Metals Inc.February 11, 2021 GMT
VANCOUVER, British Columbia, Feb. 11, 2021 (GLOBE NEWSWIRE) SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) co-led by Scotiabank, Raymond James Ltd., and RBC Capital Markets, pursuant to which the Underwriters have agreed to purchase, on a bought-deal basis, 13,050,000 common shares of the Company (“Shares”) at a price of US$9.20 per Share for aggregate gross proceeds to the Company of US$120 million (the “Offering”). ....

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SilverCrest releases high-return feasibility for Las Chispas, gives construction go-ahead


SilverCrest releases high-return feasibility for Las Chispas, gives construction go-ahead
Las Chipas project in Mexico (Credit: SilverCrest)
Five years after drilling the initial hole at its Las Chispas silver-gold project in Sonora, Mexico, SilverCrest Metals has released a high-margin feasibility for the project. With the feasibility release, SilverCrest’s board has formally approved construction of the 1,250 t/d mine.
The 8.5-year underground mine would produce an average of 5.2 million oz of silver and 56,000 gold oz annually (10 million oz of silver-equivalent) over its lifetime and an average of 12.4 million silver-equivalent oz. a year between 2023 and 2029, with net free cash flow expected to start in 2023. ....

Pierre Beaudoin , Craig Stanley , Las Chispas , N Eric Fier , Raymond James , பியர் பேசுடான் , கிரேக் ஸ்டான்லி , ச்சனியான எரிக் பீேர் , ரேமஂட் ஜேம்ஸ் ,