🕐14.01.13 - 14:27 Uhr

SILVERCREST EXPANDS SANTA ELENA DEPOSIT; MORE HIGH GRADE INTERCEPTS 13M @ 1.6 GP
T AU AND 324.8 GPT AG INCLUDING 1M @ 5.1 AU AND 2,840 GPT AG



======================================================================= News Release - January 14, 2013 SilverCrest Expands Santa Elena Deposit; More High Grade Intercepts 13m @ 1.6 gpt Au and 324.8 gpt Ag including 1m @ 5.1 Au and 2,840 gpt Ag ======================================================================= Dear MvM Commodity Group <>, VANCOUVER, BC � January 14, 2013 � SilverCrest Mines Inc.

(the �Company�) is pleased to announce results of further drilling at the Santa Elena Mine in Sonora, Mexico.

Ninety four holes of a planned 100 holes have been completed to help re-categorize Indicated and Inferred Resources to Probable Reserves and expand current underground Resources (see attached Figure - http://www.silvercrestmines.com/_resources/news/SE_Jan_2013_ug_holes_long_section_Jan_14.jpg ).

This drill program continues to be extremely successful with several recent holes identifying multiple bonanza grade intercepts and the new El Cholugo high grade gold and silver zone.

All holes included in this program will assist with Resource confirmation and reclassification to be included in the upcoming Pre-Feasibility Study for the Santa Elena Expansion Project. J.

Scott Drever, President stated; �We are extremely encouraged with the high grade silver intercepts that we are encountering and the fact that four of the high grade results are just on or well�beyond our current resource boundary.

Gold values and interval widths are also substantial which bodes well for the addition of resources in our upcoming Resource and Reserve revisions�. In this reported series, core holes SE-12-73 and 110 have intercepted further Bonanza grades of gold, greater than 34 gpt Au and/or silver, greater than 1,000 gpt Ag, ranging from 1.0 metre @ 4.47 gpt Au and 1,465 gpt Ag to 1.0 metres @ 5.07 gpt Au and 2,840 gpt Ag (see tables below).�Results from Bonanza grade hole SE-12-62 were partially announced on Jan.

7, 2013 with a final intercept of 1.7 metre @ 42.59 gpt Au and 1,460 gpt Ag within 5.2 metres @ 15.34 gpt Au and 546.2 gpt Ag. Holes SE-12-72, 73, 74, and 111 have intercepted an extension of strong mineralization along the Main Mineralized Trend to the east and at depth (see attached Figure - http://www.silvercrestmines.com/_resources/news/SE_Jan_2013_ug_holes_long_section_Jan_14.jpg ).

These intercepts are up to 200 metres beyond the boundary of current Resource estimates.

This Expansion Area is currently approximately 300 metres long by 150 metres high by 5 to 13 metres thick and open to the east and at depth.

These new intercepts will be included in the upcoming revised underground Resources and Reserves.

Further drilling is underway to help delineate this area of expansion. Assay values in this series of holes range from 0.7 gpt to 42.6 gpt gold and 51.1 gpt to 2,840.0 gpt silver.

Mineralized intervals range from 2.8 metres to 28.2 metres.

All mineralized drill intercepts are near true thicknesses.

The most significant assay results in this series of holes are shown in the following tables; To read the complete news release, please see the following link: http://www.silvercrestmines.com/news/index.php?&content_id=124
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