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Monday, November 14, 2011

SilverCrest Identifies Large Bulk Tonnage Target at La Joya; Hole 17 Intercepts 205.2m Grading 92.7 gpt Silver Equivalent

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 14, 2011) - SilverCrest Mines Inc. (TSX VENTURE:SVL)(OTCQX:STVQF)(PINK SHEETS:STVQF)(FRANKFURT:CW5) (the "Company") is pleased to announce that data compilation for the Phase I drilling program and a newly received historic database has identified a large, near-surface bulk tonnage target at its La Joya property in Durango, Mexico. The compilation by SilverCrest has involved data and/or drill core review of 51 historic holes (14,786 metres) and 26 Company drill holes (5,716 metres) totaling 20,502 metres of drilling in 77 holes on the property. Verification or validation work completed by an Independent Qualified Person included review of 22 historic holes, Company drill information, geologic mapping, sampling, geochemistry, and historic airborne and ground geophysics. The compilation of these data will be incorporated into the upcoming NI43-101 Technical Report and resource estimate.

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