SilverCrest Files La Joya Preliminary Economic Assessment Report
December 23 2013 - 5:28PM
Marketwired
SilverCrest Files La Joya Preliminary Economic Assessment Report
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 23, 2013) -
SilverCrest Mines Inc. (TSX-VENTURE:SVL)(NYSEMKT:SVLC) (the
"Company") is pleased to announce that the Preliminary Economic
Assessment Report (PEA) for the Company's La Joya Silver Copper
Gold Project has been filed with the Canadian securities regulators
and is available under the Company's profile on SEDAR at
www.sedar.com. The results of the PEA were previously announced in
the Company's news release dated October 21, 2013.
SilverCrest Mines Inc. (TSX-VENTURE:SVL)(NYSEMKT:SVLC) is a
Canadian precious metals producer headquartered in Vancouver, BC.
SilverCrest's flagship property is the 100%‐owned Santa Elena Mine,
located 150 km northeast of Hermosillo, near Banamichi in the State
of Sonora, México. The mine is a high‐grade, epithermal silver and
gold producer, with an estimated life of mine cash cost of US$8 per
ounce of silver equivalent (55:1 Ag:Au) for the open pit heap
leach. SilverCrest anticipates that the 2,500 tonnes per day open
pit heap leach facility at the Santa Elena mine should recover
approximately 725,000 ounces of silver and 30,000 ounces of gold in
2013. Major expansion and construction of a 3,000 tonnes per day
conventional mill facility is underway to significantly increase
metals production at the Santa Elena Mine (open pit and
underground) by 2014. Exploration programs continue to make new
discoveries at Santa Elena and also have rapidly advanced the
definition of a large polymetallic deposit at the La Joya property
in Durango State with stated resources nearing 200 million ounces
of Ag equivalent.
N. Eric Fier, President and COO
SILVERCREST MINES INC.
Neither TSX
Venture Exchange nor its Regulation Services Provider (as defined
in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
SilverCrest Mines Inc.Fred Cooper(604) 694-1730 ext. 108 or Toll
Free: 1-866-691-1730(604)
694-1761info@silvercrestmines.comwww.silvercrestmines.com
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