🕐14.11.13 - 14:27 Uhr

SILVERCREST REPORTS Q3, 2013 FINANCIAL RESULTS CASH FLOW FROM OPERATIONS OF $7.1
MILLION ($0.07 PER SHARE) NET EARNINGS $3.71 MILLION ($0.03 PER SHARE)



======================================================================= News Release - November 14, 2013 SilverCrest Reports Q3, 2013 Financial Results Cash Flow from Operations of $7.1 million ($0.07 per share) Net Earnings $3.71 million ($0.03 per share) ======================================================================= Dear MvM Commodity Group <>, VANCOUVER, BC � November 14, 2013 � SilverCrest Mines Inc.

(the �Company�) is pleased to announce its financial results for the third quarter ended September 30, 2013.

All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in U.S.

dollars unless otherwise specified.

The information in this news release should be read in conjunction with the Companys unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2013 and associated management discussion and analysis (�MD&A�) which are available from the Companys website at www.silvercrestmines.com and under the Companys profile on SEDAR at www.sedar.com. N.

Eric Fier, President and COO stated; �During Q3, despite sustained lower metal prices, SilverCrest generated strong positive cash flows and net earnings.

Our free cash flow continues to be reinvested at Santa Elena as capital expenditures for the expansion plan with $14.4m invested in Q3.

Management continues to focus on improving operating performance and profit margins especially in light of the new mining taxes currently being legislated in Mexico.

We remain on track to achieve or better our cost guidance of $8.50 per silver equivalent ounce and production guidance of 2.44 million ounces of silver equivalent (Ag:Au 55:1).� FINANCIAL HIGHLIGHTS OF Q3, 2013, Compared to Q3, 2012: - Cash flow from operations (1) decreased 30% to $7.1 million ($0.07 per share)./li> - Cash operating cost per silver equivalent ounce sold (2) increased 5% to $7.96. - All-in sustaining cash costs per silver equivalent ounce sold (3) decreased by 23% to $10.41. - Revenues reported - IFRS (4) decreased 18% to $13.7 million. - Sales of 204,947 ounces of silver, another quarterly record, were up 35%.

- Sales of 7,522 ounces of gold were down 5%. - Realized metal prices for ounces sold � silver price fell 31% to $22/oz and gold price fell 21% to $1,346/oz.� - Bullion inventory at September 30, 2013, included 53,131 ounces of silver and 1,819 ounces of gold.� - Net earnings amounted to $3.71 million ($0.03 per share), compared to $1.26 million ($0.01 per share). - Cash and cash equivalents totaled $24.1 million (at September 30, 2013) after capital investments of $14.4 million.

- Working capital was $30.9 million at September 30, 2013. To read the complete news release, please see the following link: http://silvercrestmines.com/news/2013/index.php?&content_id=168 ======================================================================= Click or copy and paste the link below to unsubscribe from this list http://dissemination.blendermedia.com:81/u?id=4092470.b8d87d35daa5ff4340d5d775da801d21&n=T&l=silvercrestmines_com =======================================================================



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