Corporate PresentationAugust 2015Corporate Presentation

October 2015

“Las Chispas Area”

Cautionary Statement Certain statements contained in SilverCrest Metals Inc.’s (the “Company”) presentation constitute “forward‐looking statements” within the meaning ofapplicable Canadian securities legislation. Such forward‐looking statements herein include but are not limited to: strategic plans for new discoveries,value‐added acquisitions, development and production in Mexico; exploration potential, targets and plans of the Company; and intended use ofproceeds.

Such forward‐looking statements or information are based on a number of assumptions which may prove to be incorrect. Assumptions have been maderegarding, among other things: conditions in general economic and financial markets; accuracy of the interpretations and assumptions used incalculating inferred mineral resource estimates; availability of mining equipment; availability of skilled labour; timing and amount of capitalexpenditures; laboratory and other related services are available and perform as contracted; effects of regulation by governmental agencies; and futureoperating costsoperating costs.

The actual results could differ materially from those anticipated in these forward‐looking statements as a result of the risk factors set forth below andelsewhere in this presentation: the availability of funds; the timing and content of work programs; results of exploration activities and development ofmineral properties; the interpretation of drilling results and other geological data; the uncertainties of resource estimations; project cost overruns orunanticipated costs and expenses; fluctuations in commodity prices and currency, political and economic risks and general market and industryconditions.

Forward‐looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. Theassumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, assuch, readers are cautioned not to place undue reliance on these forward‐looking statements, which speak only as of the date the statements weremade The Company undertakes no obligation to update or revise any forward‐looking statements included in this presentation if these beliefsmade. The Company undertakes no obligation to update or revise any forward‐looking statements included in this presentation if these beliefs,estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

Qualified Persons

Under National Instrument 43‐101 ‐ Standards of Disclosure for Mineral Projects the Qualified Person for this presentation is N Eric Fier CPG P Eng

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Under National Instrument  43 101  Standards of Disclosure for Mineral Projects, the Qualified Person for this presentation is N. Eric Fier, CPG, P.Eng., President & CEO for SilverCrest Metals Inc., who has reviewed and approved its contents.

Who We Are 

“SilverCrest’s vision is to “again” become a successful precious metals

SilverCrest Metals Inc. was formed as part of the First Majestic acquisition of  become a successful precious metals 

producer over the next few years!”SilverCrest Mines Inc.

Well funded with CDN$5.25 million cash

Experienced management team and Board of Directors (previous SilverCrest Mines team) with track record of valueMines team) with track record of value creation

Focused on new discoveries value‐added Focused on new discoveries, value added acquisitions, development and production in Mexico historic precious metal districts

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i d & f lExperienced & Successful Management Team

N. Eric Fier, CPG, P.Eng., President & CEO, Director (28 years experience, Geological & Mining Engineer)                             Exploration, Operations, Project Evaluation & Management. Previously with SilverCrest Mines, Newmont Mining, Eldorado Gold Pegasus Gold Corp Involvement in exploration feasibility finance construction and operations of 4 successful minesGold, Pegasus Gold Corp. Involvement in exploration, feasibility, finance, construction and operations of 4 successful mines, including Santa Elena in Sonora Mexico. Several major international discoveries.Barney Magnusson, CA, CFO (35 years experience, Finance)                             Served as an Officer and Director of 7 mining (Dayton Mines, High River Gold Mines) companies that financed, developed, constructed or operated 9 precious metals mines in North and South America.J S D BS Di (50 i G l i M C l i )J. Scott Drever, BSc., Director (50 years experience, Geologist, Management Consulting)                            Strategic Planning, Mergers & Acquisitions. Management and operational experience with several production companies, including Placer Dome, SilverCrest Mines and Goldsource Mines.Dunham L. Craig, P.Geo., Director (26 years experience, Geologist)                             Experience in mining and operations, exploration discovery to feasibility, financing, permitting, construction and productionrelated to two mines. Currently President & CEO of Geologix Explorations and past experience with Wheaton River Minerals and Glencairn Gold.Graham C. Thody, CA, Non‐Executive Chairman, Director (30 years experience, Accounting)Corporate finance and public company management. Director and former President & CEO of UEX Corp., Chairman of the Board of Geologix.gGeorge W. Sanders, Director (30 years experience, Financier)                             Experience in mining and exploration finance. Previously with Canaccord Capital Corp., Richmont Mines Inc., Consolidated Cinola Mines Ltd., and Shore Gold Inc.Ross O. Glanville, P.Eng., CGA, Director (40 years experience, Mining Engineer ‐ Valuations)                             Experience in mining exploration finance valuations and fairness opinions Director of Archon Minerals Limited Clifton StarExperience in mining, exploration finance, valuations and fairness opinions. Director of Archon Minerals Limited, Clifton Star Resources Inc. and Starfield Resources Inc.

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Corporate StructureCorporate Structure  

Capital StructureIssued & Outstanding 22 144 751

Ownership

First Majestic Silver 9 9%Issued & Outstanding                     22,144,751

Options                                               1,593,635

Fully Diluted                                     23,738,386

First Majestic Silver                                            9.9%

Management/Board, estimated                      3.8%

Recent Share Price                                   $0.18

Market Capitalization (million)              $4.0        

Cash on hand (CDN million)                   $5.25

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Mexico Project Locationsj

Sonora Projects:

Las Chispas, 1,326 hectares        

Huasabas 800 hectares Huasabas, 800 hectares

Cruz de Mayo, 452 hectares

Mexico City

Durango Projects:

Guadalupe, 4,762 hectares 

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Exploration Project – Las Chispasxploration Project as Chispas

Las Chispas area is located approx 160 km NE of Hermosillo Sonora Mexico and 30 km north of Santa Elena Mine Las Chispas area is located approx. 160 km NE of Hermosillo, Sonora, Mexico and 30 km north of Santa Elena Mine. 

Historically known for rich silver veins. Publicly disclosed information (*) suggests historic cumulative production of 120 million oz of silver and 200,000 oz of gold from numerous mines within the Las Chispas area.

Good infrastructure with highway nearby.g y y

Epithermal mineralization occurs in 0.5 – 5 m wide veins with stockworks and breccias over an estimated strike length of 1.5 km. (*)

Targets for modern exploration include drilling possible near‐surface vein extensions; depth extensions of historical producing areas and possibly reprocessing existing waste and old tailings dumps.

7NOTE: Qualified Person has not done sufficient work to classify the historical estimates as current mineral resources; and the Company is not treating the historical estimate as current mineral resources. 

Exploration Project – HuasabasExploration Project – Huasabas

1. SANTA ELENA HIGH GRADE OPEN PIT

Access Road to Site;7km from National HIghway

Huasabas property is located approx. 200 km NE of Hermosillo, Sonora, Mexico with easy access and existing  infrastructure.

Previous field mapping and sampling showed anomalous gold, silver, mercury, antimony, and barium occurring in 0.5 ‐ 30 m wide veins, stockworks and breccias approx. 1 km in strike length.

h i id d b hi h l l i h l i h h i l i l i 0 200 f

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The target is considered to be a high level epithermal system with the potential precious metals zone starting at 50 to 200 metres from surface.

Exploration & Development Project – Cruz de MayoExploration & Development Project – Cruz de Mayo

1. SANTA ELENA HIGH GRADE OPEN PIT Located 22 km northwest of the town of 

Cumpas, Sonora Mexico

Indicated Resource: 793,000 t grading 142 g/t Ag and 0.21 g/t Au*.

I f d R 325 000 t di 129 /tAccess Road to Site;

7km from National HIghway

Inferred Resource:  325,000 t grading 129 g/tAg and 0.25 g/t Au*.

Potential for Resource Expansion

150 km ‐ Road distance from First Majestic’s Santa Elena mine 

* Refer to the Technical Report titled ‘Mineral Resource Estimate for the Cruz de Mayo Property, Sonora, Mexico’, with an effective date August 15, 2015 as amended September 15, 2015, available on www.silvercrestmetals.com and under the Company’s SEDAR profile on www.sedar.com. 

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Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Exploration Project – GuadalupeExploration Project – Guadalupe

1. SANTA ELENA HIGH GRADE OPEN PIT Guadalupe property is located approx. 110 km 

NW of Durango City, Durango, Mexico (G il Mi i Di t i t)(Gavilanes Mining District)

Initially claimed by Hochschild Mining in 2007 and acquired by First Majestic in 2010.

Access Road to Site;7km from National HIghway

Epithermal system with host rocks consisting of andesite and rhyolite flows.

Mineralization occurs in 1‐2 metre wide veins with stockwork and breccias trending northwest‐southeast for approx. 1 km; veins dip 65 to 85 degrees to the west.

Surface channel sampling results show anomalous gold (up to 3.77 g/t), silver (up to 680 g/t), lead ( up to 0.6%) and zinc (up to 0.08%).

“Yellow circle”: stockwork structure in andesitic rock type

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Why SilverCrest Metals?

Management Proven Track‐Record in all aspects of the precious metalManagement Proven Track Record in all aspects of the precious metal industry (including development of junior exploration companies)

Strong Cash Positiong

Good Exploration Potential in Historic Mining Districts

Significant Database from Due Diligence for Potential Acquisitions

Drilling to begin in late 2015, early 2016 on Huasabas & Las Chispas

Scheduled Events: Attending the California Capital Conference, November 20‐22, 2015, and Silver Summit San Francisco, November 23‐24, 2015 

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Contact Us

Tel:  (604) 694‐1730   Toll Free: 1‐866‐691‐1730    F (604) 694 1761Fax: (604) 694‐1761

info@silvercrestmetals.com  www.silvercrestmetals.comSuite 501 ‐ 570 Granville StreetVancouver, BC  V6C 3P1

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