SilverCrest Mines Announces Silver and Gold Production for Q1 at Santa Elena Mine in Mexico - Video News Alert on InvestmentPitch.com

Vancouver, British Columbia--(Newsfile Corp. - April 16, 2014) - SilverCrest Mines (TSX: SVL) (NYSE MKT: SVLC) announced the silver and gold production numbers for the first quarter of 2014 from its Santa Elena Mine. The 100% owned Santa Elena Mine, located in the State of Sonora, Mexico, is a high-grade, epithermal silver and gold producer.

InvestmentPitch.com has produced a "video news alert" about SilverCrest Mines. If this link is not enabled, please visit www.InvestmentPitch.com and enter "SilverCrest" in the search box.

If you cannot view the video above, please visit:
http://www.investmentpitch.com/video/0_1m1k11fg/SilverCrest-Mines-TSX-SVL-Announces-silver-and-gold-production-numbers-for-first-quarter-2014-from-its-Santa-Elena-Mine

Highlights of the first quarter of 2014 versus the first quarter of 2013 include:

• Silver production of 201,101 ounces, a 31% increase

• Gold production of 7,545 ounces, 1 4% increase

• Silver equivalent production of 653,801 ounces, a 17% increase

• Waste to ore ratio of 0.94, a decrease of 78%, was consistent with the mine plan

• Ore Tonnes crushed decreased 21% to 200,982 tonnes, with throughput averaging 2,233 tonnes per day

• Average grades of silver loaded on the pad increased from 62.1 to 86.8 grams per tonne, an increase of 40%, with gold increasing from 1.54 to 1.79 grams per tonne, an increase of 16%

N. Eric Fier, President and COO stated, "During the first three months of 2014, Santa Elena experienced lower ore and waste tonnes mined from the open pit as it approached the end of its mine life. However, metal production exceeded corporate guidance projections for the quarter. The Company continues to focus on the completion stages of the Santa Elena Expansion Plan which should significantly increase our annual precious metal production starting in mid-2014. The recently announced pit closure at Santa Elena may have some impact on Q2 production but SilverCrest maintains the previously announced 2014 corporate production guidance of 3.3 to 3.6 million ounces AgEq (60:1)."

SilverCrest is now focusing on the accelerated development of the underground mine at Santa Elena with 2,480 metres of the main ramp driven to date, which will provide access to high grade mill feed starting in the second quarter of 2014. Initially, the mill will process leach pad ore only and underground ore will be stockpiled. Later in the second quarter, the company anticipates blending of leach pad and underground ore, with testing of optimal mix ratios in second half of the year.

SilverCrest anticipates the new 3,000 tonnes per day conventional mill facility should recover an average annual rate of 1.5 million ounces of silver and 32,800 ounces of gold over the current reserve. The mine has an initial estimated life of 8 years with operating cash costs of $11 per ounce of silver equivalent using a ratio of 55 ounces of silver to 1 ounce of gold.

Exploration programs continue to make new discoveries at Santa Elena and have rapidly advanced the definition of a large polymetallic deposit at the La Joya property in Durango State, Mexico.

SilverCrest currently trades at $1.85 on the Toronto Stock Exchange, and with 118.7 million shares outstanding, the company is capitalized at $220 million. For more detailed information please refer to the news release on the company's website www.silvercrestmines.com, or contact Fred Cooper at 1-866-691-1730 ext 108 or email info@silvercrestmines.com.

About InvestmentPitch

InvestmentPitch.com is a leading international producer and distributer of specialized video content for the investment community. The company specializes in producing three minute videos based on news releases, research reports and other news of interest to investors.

CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
bmorgan@investmentpitch.com