SilverCrest Mines Inc. (NYSE MKT: SVLC; TSX: SVL) is a Canadian precious metals producer headquartered in Vancouver, BC. SilverCrest´s flagship property is the 100%‐owned Santa Elena Mine, located 150 kilometres northeast of Hermosillo, near Banamichi in the State of Sonora, Mexico. The mine is a high‐grade, epithermal silver and gold producer, with a current reserve estimated life of mine of 8 years and average operating cash costs of $12 per ounce of silver equivalent (64.5:1 Ag:Au based on ounces sold). SilverCrest anticipates the 3,000 tonnes per day conventional mill facility at the Santa Elena Mine should recover an average of 1.6 million ounces of silver and 33,800 ounces of gold per annum over the current reserve life. Exploration programs continue to result in discoveries at Santa Elena and have advanced the definition of a large polymetallic deposit at the La Joya property in Durango State, Mexico.

1. Corporate Presentation
May 2015

2. Disclaimer
The information provided in this presentation is not intended to be a comprehensive review of all matters and developments concerning the Company. It should be read in conjunction with all
other disclosure documents of the Company. The information contained herein is not a substitute for detailed investigation or analysis. No securities commission or regulatory authority has
reviewed the accuracy or adequacy of the information presented.
Certain technical information contained in this presentation relating to the Santa Elena and La Joya Projects, including but not limited to, estimated mineral resources and reserves, metallurgy,
estimated capital and operating costs and estimated production data are derived from the following technical reports for the Santa Elena and La Joya Projects, respectively: “Update to Santa
Elena Pre-Feasibility Study, Sonora, Mexico" dated effective December 31, 2014; and the "Preliminary Economic Assessment for the La Joya Property" dated effective October 21, 2013, as
amended March 4, 2014. The aforementioned reports were filed with the Canadian securities regulators on March 6, 2014, and may be accessible on the SEDAR website at www.sedar.com
under the Company's corporate profile. The information contained herein is subject to the assumptions, qualifications and procedures set out in the aforementioned reports and is qualified in
its entirety with reference to the full text of these reports.
FORWARD-LOOKING STATEMENTS:
This presentation contains “forward-looking statements” within the meaning of Canadian securities legislation and the United States Securities Litigation Reform Act of 1995. Such
forward-looking statements concern the Company’s anticipated results and developments in the Company’s operations in future periods, planned exploration and development of its
properties, plans related to its business and other matters that may occur in the future. These statements relate to analyses and other information that are based on expectations of future
performance, including silver and gold production and planned work programs. Statements concerning reserves and mineral resource estimates may also constitute forward-looking
statements to the extent that they involve estimates of the mineralization that will be encountered if the property is developed and, in the case of mineral reserves, such statements reflect
the conclusion based on certain assumptions that the mineral deposit can be economically exploited.
Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or
implied by the forward-looking statements, including, without limitation: risks related to precious and base metal price fluctuations; risks related to fluctuations in the currency markets
(particularly the Mexican peso, Canadian dollar and United States dollar); risks related to the inherently dangerous activity of mining, including conditions or events beyond our control, and
operating or technical difficulties in mineral exploration, development and mining activities; uncertainty in the Company’s ability to raise financing and fund the exploration and development
of its mineral properties; uncertainty as to actual capital costs, operating costs, production and economic returns, and uncertainty that development activities will result in profitable mining
operations; risks related to reserves and mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual
conditions than is currently estimated and to diminishing quantities or grades of mineral reserves as properties are mined; risks related to governmental regulations and obtaining necessary
licenses and permits.
Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the
forward-looking statements. The Company’s forward-looking statements are based on beliefs, expectations and opinions of management on the date the statements are made. For the reasons
set forth above, investors should not place undue reliance on forward-looking statements. The information contained herein is nota a substitute for detailed investigation or analysis. No
securities commission or regulatory authority has reviewed the accuracy or adequacy of the information presented.
CAUTIONARY NOTE REGARDING NON-IFRS PERFORMANCE MEASURES:
This presentation includes the terms “Cash operating cost per AgEq ounce sold” and “All-in sustaining cash cost per AgEq ounce sold”. These terms are commonly used in the mining industry
but are not defined under International Financial Reporting Standards ("IFRS"). The Company believes that, in addition to conventional measures prepared in accordance with IFRS, certain
investors use this information to evaluate SilverCrest’s performance and its ability to generate cash flow. The data presented is intended to provide additional information and should not be
considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. The Company calculates Cash operating costs per AgEq as cost of sales over total AgEq
ounces sold and All-in sustaining cash cost per AgEq as the sum of cost of sales, general and administrative expenses and sustaining capital expenditures from Santa Elena over total AgEq
ounces sold. All monetary figures are expressed in United States dollars unless otherwise specified.
QUALIFIED PERSON: Under National Instrument (NI 43-101) Standards of Disclosure for Mineral Projects, the Qualified Person for this presentation is N. Eric Fier, CPG, P.Eng., Chief Operating
Officer for SilverCrest Mines Inc., who has reviewed and approved its contents.
2

3. 3
SilverCrest – Building The Next Mid-Tier Producer
•“Phased Approach”
•Good access and infrastructure
•Low initial cost and systematic exploration
•Environmental and community respect
SIMPLE & PROVEN BUSINESS
MODEL
•Cash Operating Costs: one of the lowest in the sector
•Attractive profit margins
•Positive Cash Flow
ROBUST FINANCIAL
POSITION
•Expertise to explore, develop and operate mining projects
•Effective cash control protocols in place
•Proven business success of multiple years
SEASONED MANAGEMENT
•Santa Elena: Projecting Silver and Gold Production of 4.0 – 4.4
million oz AgEq* in 2015
•Organic Growth Through Low Cost Acquisitions
•La Joya: Development Stage Project at PEA level moving to PFS
WELL POSITIONED FOR
GROWTH
•Build a senior silver-gold producer (+10 Moz AgEq.) through
disciplined business strategyMAIN OBJECTIVE
*(Ag:Au 66.7:1)

4. Experienced & Successful Management Team
J. Scott Drever, BSc., CEO, Director (45 years experience)
Strategic Planning, Mergers & Acquisitions. Management and operational experience with several production companies, including Placer Dome and Blackdome
Mining.
N. Eric Fier, CPG, P.Eng., COO, Director (25 years experience)
Operations, Project Evaluation & Management. Previously with Newmont Mining, Eldorado Gold, Pegasus Gold Corp. Involvement in construction and operations of
4 successful mines, including Santa Elena. Several major international discoveries.
Barney Magnusson, CA, CFO, Director (35 years experience)
Served as an Officer and Director of 6 mining (Dayton Mines, High River Gold Mines) companies that developed, constructed or operated 8 precious metals mines in
North and South America.
Dunham L. Craig, P.Geo., Interim President, Director (26 years experience)
Experience in mining and operations, exploration discovery to feasibility, financing, permitting, construction and production related to two mines. Currently
President & CEO of Geologix Explorations and past experience with Wheaton River Minerals and Glencairn Gold.
Brent McFarlane, BSc., VP Operations (25 years experience)
Managed all phases of open pit and underground mining projects and instrumental in leading Mexican and Int’l projects through feasibility, construction, and
production while working for Minefinders, Kappes Cassiday, TVI Pacific, Marston, and Pegasus Gold.
Marcio Fonseca, MSc., P.Geo., VP Corporate Development (20 years experience)
Served as Division Director at Macquarie Metals & Energy Capital with focus on equity and debt financing for the mining sector over the last 9 years. Prior to that,
he held corporate positions in business development, project development, operations and exploration with Vale and Phelps Dodge in Latin America.
Tom Keating, VP Finance (10 years experience)
Joined SilverCrest as the Corporate Controller in July 2009, having previously worked with PricewaterhouseCoopers LLP and Davidson and Company LLP specializing
in the mining sector. Tom is a member of the Institute of Chartered Accountants of Ireland and holds a Bachelor of Computer Science degree from University
College Dublin, Ireland.
Michael Rapsch - VP Corporate Communications (9 years experience)
The past three and a half years have been with SilverCrest Mines. Prior to joining the Company he worked in investor relations for Pediment Gold Corp, which was
acquired by Argonaut Gold in early 2011. In 2002, he founded and managed his own investor relations firm to create market awareness for resource companies in
Europe
Graham C. Thody, CA, Non-Executive Chairman, Director (30 years experience)
Corp. finance and public company management. Director and former President & CEO of UEX Corp., Chairman of the Board of Geologix.
George W. Sanders, Director (30 years experience)
Experience in mining and exploration finance. Previously with Canaccord Capital Corp., Richmont Mines Inc., Consolidated Cinola Mines Ltd., and Shore Gold Inc.
Ross Glanville, P.Eng., CGA, Director (40 years experience)
Experience in mining, exploration finance, valuations and fairness opinions. Director of Archon Minerals Limited, Clifton Star Resources Inc. and Starfield Resources
Inc. 4
FOUNDERS

5. 5
Overview of SilverCrest
(1) Cash flow from operations before changes in working capital items.
(2) Silver equivalent (“AgEq”) ounces are calculated on a 60:1 gold-silver ratio. All numbers are rounded.
(3) The Company uses performance indicators that are not defined according to IFRS. The Company presents these Non-IFRS performance measures to provide additional information
regarding the Company's financial results and performance.
Financial Highlights: 2014 1Q15
Cash flow from operations (1) (3)
13,768,201$ 7,255,215$
Cash cost per AgEq ounce sold (2) (3)
9.64$ 8.49$
All-in sustaining cash cost per AgEq ounce sold (2) (3)
14.35$ 11.25$
Revenues 45,132,599$ 19,512,360$
Net earnings (loss) (1,515,975)$ 2,511,581$
(non-cash impairment charge of $4.96 million in 2014)
Operating Highlights: 2014 1Q15
Silver ounces produced 1,157,021 465,391
Gold ounces produced 27,609 13,255
Silver equivalent ounces produced (2)
(Record Production in 2014!) 2,813,559 1,349,527

6. Capital Structure & Trading History
SVL SHARE STRUCTURE
Issued & Outstanding: 118,753,205
Options: 10,745,000
Fully Diluted Shares: 129,498,205
Average Option Price: CAD $1.59
TSX NYSE MKT
90 - Day Avg. Daily Volume: 134,362 180,538
52 Week High / Low: $2.42 / $1.24 $2.52/$1.00
Share Price (May 15, 2015): CAD $1.40
Market Cap: CAD $166M
Working Capital (Mar 31, 2015): $45.4 M
Cash and Cash Equivalents (Mar 31, 2015) $35.2 M
Available Line of Credit (drawn $15 mill of $30 mill) $15 M
6
SHAREHOLDER DISTRIBUTIONS *
Fully Diluted (as of May 01, 2015)
* Source: Bloomberg, SilverCrest
9%
42%
49%
Management &
Directors
Institutions
Retail

7. 7
Financial Performance
Revenue & Cash Flow Strong Working Capital of $45.4M
¹ Higher working capital due to bought deal financing
Cash Flow Per Share Earnings Per Share
¹ Due to lower mine operating earnings and non-cash impairment charges totalling
$4.96 million.
0
10
20
30
40
50
60
70
Q1
2014 ¹
Q2
2014
Q3
2014
Q4
2014
Q1
2015
USD($millions)
Working Capital
0.00
0.02
0.04
0.06
0.08
Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015
Quarterly Cash Flow Per Share - $
-0.06
-0.04
-0.02
0.00
0.02
0.04
Q1 2014 Q2 2014 Q3 2014 Q4 2014¹ Q1 2015
Quarterly Earnings Per Share (Basic) - $

8. 8
Santa Elena Production Growth
(*) Silver Equivalent ratios (Ag:Au) are as follows: 2010: 46:1 (using Kitco historical metal prices); 2011: 50.4:1 | 2012: 54.3:1 | 2013: 60.5:1 | 2014: 60:1 | 2015: 66.7:1
ESTIMATED PRODUCTION for 2015
Based on 3,000 tpd nominal rate;
PRODUCTION GUIDANCE for 2015:
4.0 – 4.4 Million AgEq ounces
ESTIMATEDPRODUCTION

9. 9
Santa Elena Q1 2015 Production Data
(1) Silver and gold ounces produced for Q1 2014 consist of ounces recovered from the leach pad which commenced decommissioning during Q2 2014.
(2) Estimated recoveries for Q1, 2015 and Q4, 2014 are as reported, based on calculated grade.
(3) ) Silver equivalent (“AgEq”) ratio for Q1, 2015 of 66.7 was calculated using metal prices of $1,200/oz for gold and $18/oz for silver. For consistency with, comparative
periods, the AgEq ratio reported during 2014 was changed from 60:1 to 66.7:1
Santa Elena Mine Operating Statistics: Q1 2015 Q1 2014
(1)
% Change Q4 2014 % Change
Tonnes milled (t) 271,392 - 100% 268,287 1%
Average tpd milled 3,015 - 100% 2,916 3%
Average silver grade processed (g/t) 88.27 - 100% 73.83 20%
Average gold grade processed (g/t) 1.66 - 100% 1.17 42%
Silver recovery (%)
(2)
60% - 100% 62% -3%
Gold recovery (%)
(2)
91% - 100% 89% 2%
Silver ounces produced 465,391 201,101 131% 397,509 17%
Gold ounces produced 13,255 7,545 76% 8,983 48%
AgEq ounces produced
(3)
1,349,527 704,353 92% 996,656 35%
Silver ounces sold 413,250 198,800 108% 422,250 -2%
Gold ounces sold 11,748 7,650 54% 8,968 31%
AgEq ounces sold
(3)
1,196,842 709,055 69% 1,020,416 17%
Ag : Au Ratio
(3)
66.7:1 66.7:1 0% 66.7:1 0%

10. 10
Santa Elena Reserves & Resources (December 31, 2014)
SANTA ELENA RESERVES (DECEMBER 31, 2014)
CLASSIFICATION TONNES AU GPT AG GPT
CONTAINED
AU OZ
CONTAINED
AG OZ
SANTA ELENA UNDERGROUND DILUTED AND RECOVERABLE RESERVES*
PROBABLE 3,981,557 1.67 115.0 214,000 14,724,000
SANTA ELENA OPEN PIT RESERVES**
PROBABLE 121,706 2.75 117.0 11,000 458,000
SANTA ELENA LEACH PAD RESERVES (PAD ORE)***
PROBABLE 3,344,652 0.65 33.3 70,000 3,582,000
TOTAL SANTA ELENA RESERVES
PROBABLE 7,447,915 1.23 78.4 295,000 18,764,000
SANTA ELENA RESOURCES (DECEMBER 31, 2014) ****
INDICATED 1,117,033 1.39 89.7 50,000 3,220,000
INFERRED 564,074 1.69 106.53 31,000 1,932,000
Note: All numbers are rounded. Underground and Leach Pad Reserves and Resources are based on LOMP metal price trends of $19.50/oz
silver, $1,300/oz gold and metallurgical recoveries of 92% Au and 67.5% Ag. All Mineral Resources and Reserves conform to NI 43-101 and
Canadian Institute of Mining, Metallurgy and Petroleum definitions for Resources and Reserves. Inferred Resources have been estimated from
geological evidence and limited sampling and must be treated with a lower level of confidence than Indicated Resources.
* Underground Probable Reserve is based on a cutoff grade of 2.49 gpt AuEq with an estimated average 10% dilution and 90% mine recovery.
Average true thickness of the designed stopes is 10 metres.
** Open Pit Reserve is based on a cutoff grade of 0.20 gpt AuEq in a constrained pit shell with applied capping of 8 gpt Au and 300 gpt Ag.
*** Leach Pad Reserve is based on production and drill hole data for volumetrics and grade model using a cutoff grade of 0.5 gpt AuEq. No
capping was applied.
****Mineral Resources exclude Mineral Reserves and are based on a 1.5 gpt AuEq cut off grade using assumptions for prices and recoveries as
stated in note above. Capping was applied at 12 gpt Au and 700 gpt Ag.

11. 11
Santa Elena LOM Production Profile (UPFS - December 31, 2014)
* Data derived from Technical Report: “Update to Santa Elena Pre-Feasibility Study, Sonora, Mexico" , effective date December 31, 2014, using
an average Ag:Au ratio of 64.5:1 on sold ounces for LOMP
0
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
2015 2016 2017 2018 2019 2020 2021 2022
AgEqozsold*
Ag ounces sold
AgEq of Au ounces sold

12. Mexico Properties Santa Elena Property
12

13. Santa Elena Mine
1. SANTA ELENA HIGH GRADE OPEN PIT
13
Access Road to Site;
7km from National HIghway
4 Hour Drive to
Tucson, AZ
2 Hour Drive to
Hermosillo and
International Airport
Excellent Infrastructure and Access

14. 14
Santa Elena Underground Development & Stope Production
625 m level 600 m level
575 m level – stope #2 575 m level – stope #3

15. 15
Santa Elena Main Mineralized Zone Long Section

16. 16
Santa Elena Exploration – Advancing El Cholugo
Level
Development
Length
From (m) To (m)
Number of
Mine Face
Samples
Average
Vein
Width (m) Au (gpt) Ag (gpt)
625 0 35 52 3.9 9.48 392.8
including 2 2.4 21.62 532.8
600 0 50 61 3.3 4.32 225.7
including 2 2.5 6.69 263.1
575 0 15 19 2.7 13.45 701.7
including 4 1.4 29.75 1,359.0
Totals &
Weighted
Average 0 100 132 3.3 8.80 419.4
Grades are uncapped and undiluted

17. Santa Elena Mine
Ermitano West Target
Santa Elena 30/60 Program – Ermitano I Concession
Ermitano East Target
17
Durazno Target
Valentina Target

18. “Developing Regional Trend” (Santa Elena, Ermitano I&II, Cumobabi)
18
• El Durazno drilling completed,
resulting in discovery of near
surface gold and silver
mineralization (refer to Feb. 19th,
2015 news release for details).
• Ermitano East drilling
completed; results pending.
• Commenced drilling at Valentina
target.
• 2015 exploration budget of $2.8
million

19. La Joya Project
19
Geological ModelLocation: Durango, Mexico
• Excellent Infrastructure & Access: Highway, Railway and
Power Lines nearby
• 2 Hour Drive From Durango City & International Airport
• Existing Mines Nearby
Conceptual Starter Pit
• Inferred Resource Estimate (60 gpt cut-off used for PEA, Oct 21, 2013):
27.9 mill tonnes at 57.5 Ag gpt, 0.47 Cu% and 0.28 Au gpt which includes
92.9 mill AgEq Oz
• Metallurgical Test Results Summary in PEA, Oct 21, 2013 shows assays
over 30% Cu and over 4,000 gpt Ag in concentrate

20. La Joya Preliminary Economic Assessment – October 21, 2013
20
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
$0
$50,000,000
$100,000,000
$150,000,000
$200,000,000
$250,000,000
$300,000,000
$350,000,000
NPV @5% VALUE IRR %
Ag US$/oz
Au US$/oz
Cu US$/lb
xxxxxx17.60
xxxxxxxx960
xxxxxxx2.40
xxxxxx19.80
xxxxxxx1080
xxxxxxx2.70
xxxxxx22.00
xxxxxx1200
xxxxxx3.00x
xxxxx24.20x
xxxxxx1320x
xxxxxx3.30x
xxxxx26.40x
xxxxxx1440x
xxxxxx3.60x
xxxxx28.60x
xxxxxx1560x
xxxxxx3.90
PRE TAX NPV @ 5%
LA JOYA PRELIMINARY ECONOMIC ASSESSMENT
SENSITIVITY ANALYSIS - COMMODITY PRICES
PRE TAX NPV - IRR
BASE CASE - STARTER PIT
Pre-tax NPV @ 5% of $133 million and Internal Rate of Return
(“IRR”) of 30.5% (Base Case using $22/oz Ag, $1,200/oz Au and
$3/lb Cu). After-tax NPV @ 5% of $92 million and IRR of 22%.
Pre-production CAPEX of $141 million, including $17 million
contingencies
Cash cost for the first 3 years average $10 per oz AgEq
Post-tax operating cash flow of $147.4 million
9 year LOMP with 15.5 M tonnes grading 50 gpt Ag, 0.33% Cu
and 0.19 gpt Au (based on Inferred Resources)
LOM production of an est. 34.8 M AgEq oz, consisting of 19
million oz of Ag, 53,000 oz of Au and 93 million lbs of copper in
concentrate
Production of an attractive high grade silver-copper
concentrate (averaging 35% Cu and 4kg/t Ag) with gold credits
The Company cautions that the PEA is preliminary in nature in that it is
based on Inferred Mineral Resources which are considered too
speculative geologically to have the economic considerations applied to
them that would enable them to be characterized as mineral reserves,
and there is no certainty that the PEA will be realized.

21. Research Coverage
Cormark Securities – Graeme Jennings
Dundee Capital Markets – Matthew O’Keefe
Global Maxfin Capital – Stuart McDougall
Haywood Securities – Benjamin Asuncion
National Bank Financial – Shane Nagel
PI Financial Corp – Philip Ker
Raymond James – Chris Thompson
Institution
Sprott Inc 5.7%
Libra Advisors 4.7%
RBC Global Asset Management 4.6%
AGF Investments 3.8%
Global X Management Co 3.2%
Columbia Wanger Asset Management 2.9%
Global Strategy Financial 1.6%
Tocqueville Asset Management 1.2%
Canada Pension Plan Investment 1.0%
21
Research and Institutional Holdings

22. Investment Highlights
Building The Next Mid-Tier Silver-Gold Producer
High Grade, Low Cost Producer
Solid Profit Margins, Strong Balance Sheet
Positive Cash Flow
Significant Increase In Production in 2015
Organic Growth Opportunities
Expanding Resources & Reserves
Upcoming Catalysts
Quarterly Financials and Production Data
Santa Elena Operations Exploration Updates
Organic exploration programs on several targets
within 10 km of Santa Elena
Potential Property Acquisitions – 30/60 km program
at Santa Elena
22

23. 23
SVL vs. Silver Producer Peer Group - AISCC
Source: Raymond James Ltd., Canada Research, December 18, 2014
EDR : Endeavour Silver
FR : First Majestic
PAAS : Pan American Silver
SCZ : Santacruz Silver
SVM : Silvercorp Metals
MND : Mandalay Resources
FVI : Fortuna Silver
THO : Tahoe Silver

24. 24
Silver Producer Peer Group Valuations – 2015E
Source: Raymond James Ltd. Data, Canada Research, Mining & Natural Resources, dated February 09, 2015; charts by SilverCrest
11.4 11.2
9.1
8.5
7.8
6.2
PAAS FVI FR EDR SVL SVM
P/CF - 2015E
10.1
8.8
8.1
7.6
5.1
2.8
EDR PAAS FR FVI SVL SVM
EV/EBITDA - 2015E

25. Contact Us
Tel: (604) 694-1730
Toll Free: 1-866-691-1730
Fax: (604) 694-1761
info@silvercrestmines.com
www.silvercrestmines.com
Suite 501 - 570 Granville Street
Vancouver, BC V6C 3P1
25