SilverCrest Metals Inc is a development and exploration company based in Canada focused on mining precious metals.
The company's operations include extracting, producing, developing, and exploring precious metals.
SilverCrest Metals focuses on conducting newer discoveries to enhance its mining operations and production capacity reportedly.
The diversified portfolio comprises of interest in various properties located in Mexico.
Las Chispas Project
Located approximately 180 kilometers northeast of Hermosillo in the Sonora state, the Mexican asset consists of 28 concessions in roughly 1400 hectares.
Presently SilverCrest has eight drill rigs at the property. The company claims to focus on testing discovery, expansion, and infill targets at Las Chispas. Of the total 45 known veins, 21 have been added so far, the company claims.
El Picacho Project
The 7060-hectare property is located approximately 85 kilometers northeast of the Las Chispas Project. It consists of 11 mining concessions.
As many as seven low-sulfidation epithermal veins, including quartz and calcite stockwork, quartz-calcite breccia, banded quartz, etc., are present on the property.
Cruz de Mayo Project
With two mineral concessions, the property is spread in a 452-kilometer area in Mexico's Sonora state.
Cruz de Mayo 2 and El Gueriguito are the mining concessions, 100 per cent owned by SilverCrest.
The TSX-listed company has interests in two more projects: Estacion Llano Property and Silver Angel Property.
The gold producer went public in 2015, followed by listing on the Toronto Stock Exchange under the ticker 'SIL'.
Silver Angel property, located in Sonora, has a total area of 619 hectares with one mining concession. In addition, the Estacion Llano property comprises one mining concession totaling 2378.76 hectares.
The metal exploration company claims to be among TSX Venture 50™ companies in 2017 and 2018. The ranking is a trademark of TSX Inc, used under license.