SilverCrest Appoints Manager of Corporate Communication
October 19 2011 - 10:15AM
Marketwired
SilverCrest Mines Inc. (TSX VENTURE:SVL)(OTCQX:STVZF) (the
"Company") is pleased to announce the appointment of Michael Rapsch
as Manager of Corporate Communications. Mr. Rapsch will be based
out of the Vancouver head office, and will report to J. Scott
Drever, President of SilverCrest.
J. Scott Drever, President, stated, "SilverCrest's rate of
production at the Santa Elena Mine in Mexico is increasing, and we
are aggressively moving ahead with the Santa Elena Expansion Plan
including the Cruz de Mayo Project and further exploration and
development at the La Joya Project in Durango. Accordingly, we feel
strongly about communicating our growth strategies to a broader
audience of investment groups and to our shareholders. We believe
that Michael has the experience and relationships in the industry
to raise awareness of SilverCrest's corporate profile among these
audiences."
Mr. Rapsch has more than seven years of experience as an
investor relations professional. He will be responsible for
management of all corporate communication's activities, and will
communicate the Company's profile and production story to the
investment community. In 2002, he founded and managed his own
investor relations firm to create market awareness for mining and
exploration companies in Europe. For the past five years, Mr.
Rapsch was responsible for the investor relations and marketing
programs for Pediment Gold Corp., a company that went from
discovery to advanced exploration of its key gold asset in Mexico,
and was acquired by Argonaut Gold in early 2011. Mr. Rapsch has a
business administration and accounting education through BCIT and
an equivalent University in Germany.
SilverCrest Mines Inc. (TSX VENTURE:SVL) is a Mexican precious
metals producer with headquarters based in Vancouver, BC.
SilverCrest's flagship property is the 100%-owned Santa Elena Mine,
which is located 150km northeast of Hermosillo, near Banamichi in
the State of Sonora, Mexico. The mine is a high-grade, epithermal
gold and silver producer, with an estimated life of mine cash cost
of US$8 per ounce of silver equivalent (55:1 Ag:Au). SilverCrest
anticipates that the 2,500 tonnes per day facility should recover
approximately 4,805,000 ounces of silver and 179,000 ounces of gold
over the 6.5-year life of the open pit phase of the Santa Elena
Mine.
This news release contains forward-looking statements, which
address future events and conditions, which are subject to various
risks and uncertainties. The Company's actual results, programs and
financial position could differ materially from those anticipated
in such forward-looking statements as a result of numerous factors,
some of which may be beyond the Company's control. These factors
include: the availability of funds; the timing and content of work
programs; results of exploration activities and development of
mineral properties, the interpretation of drilling results and
other geological data, the uncertainties of resource and reserve
estimations, receipt and security of mineral property titles;
project cost overruns or unanticipated costs and expenses,
fluctuations in metal prices; currency fluctuations; and general
market and industry conditions. Forward-looking statements are
based on the expectations and opinions of the Company's management
on the date the statements are made. The assumptions used in the
preparation of such statements, although considered reasonable at
the time of preparation, may prove to be imprecise and, as such,
undue reliance should not be placed on forward-looking
statements.
J. Scott Drever, President
SILVERCREST MINES INC.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: SilverCrest Mines Inc. Fred Cooper (604) 694-1730 or
Toll Free: 1-866-691-1730 (604) 694-1761
(FAX)info@silvercrestmines.comwww.silvercrestmines.com
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