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SilverCrest Continues to Expand Santa Elena Deposit,
Northern Mexico

TSX-V: SVL For Immediate Release


VANCOUVER, B.C.
September 26, 2007 � SilverCrest Mines Inc. (the �Company�) is pleased to report that the most recent assay results from its Santa Elena Project located in northern Mexico have continued to expand the deposit along strike and to depth with apparent improvements in widths and grades of the Main Zone. The Santa Elena Project is located approximately 150 kilometres northeast of Hermosillo, Sonora, Mexico and is easily accessible with excellent local infrastructure. The Company has the right to acquire a 100% interest in the property.

The following 9 core holes (see attached drill plan for hole locations) are part of the current program to in-fill and expand the current reported NI 43-101 resources for the project. Of this series of holes, the most notable intercepts encountered are in SE07-34, which intercepted 21.35 metres (70 feet) grading 2.21 gpt gold (0.064 opt) and 171.7 gpt silver (5.0 opt) and SE07-35, which intercepted 21.2 metres (69.5 feet) grading 2.84 gpt gold (0.082 opt) and 101.1 gpt silver (2.95 opt).The summary results for these 9 core holes at Santa Elena are as follows:

Weighted Average Grades

Drill
Hole

From
(m)

To
(m)

Interval
(m)

Interval
(ft)

Au
gpt

Ag
gpt

Au
gpt equiv*

Ag
gpt equiv*

Target

SE07-27

7.00

16.00

9.00

29.52

0.50

43.6

1.37

68.53

in-fill

SE07-28

60.40

68.45

7.10

23.29

0.59

76.4

2.12

105.92

in-fill

SE07-29

28.00

32.05

4.05

13.28

0.69

28.6

1.26

63.10

in-fill

SE07-30

16.00

23.86

7.86

25.78

2.90

45.0

3.80

190.00

in-fill

includes

19.00

20.67

1.67

5.48

7.38

58.9

8.56

427.90

in-fill

SE07-31

9.00

19.29

10.29

33.75

1.11

19.1

1.49

74.57

in-fill

SE07-32

26.70

32.70

6.00

19.68

1.59

46.8

2.53

126.27

Expansion

SE07-33

128.55

139.40

10.85

35.59

3.29

139.4

6.08

303.88

Expansion

includes

130.00

136.00

6.00

19.68

5.29

171.0

8.71

435.50

Expansion

SE07-34

160.65

182.00

21.35

70.03

2.21

171.7

5.64

282.21

Expansion

includes

179.00

182.00

3.00

9.84

9.86

320.0

16.26

813.00

Expansion

SE07-35

97.00

118.20

21.20

69.54

2.84

101.1

4.86

243.07

Expansion

includes

97.00

100.00

3.00

9.84

12.65

203.0

16.71

835.50

Expansion

*Based on 50:1 Silver to Gold ratio and 100% metal recovery.

To date, a total of 21 holes have been drilled for which the results of 16 holes, including the above, have been reported (see news releases dated September 6 and September 19, 2007.) It is expected that an additional 20 holes will be drilled to complete the Phase II program.

Drill holes SE07-27 to SE07-32 provided near-surface, in-fill and expansion intercepts which are within the current proposed potential open pit. Widths and grades reported in these holes are consistent with the expectations predicted from the current geologic model. The purpose of the in-fill holes is to raise the confidence level of the resources within the proposed pit limits by upgrading the existing inferred resources to indicated resources.

Drill holes SE07-33 to SE07-35 are step-out holes that extend the deposit approximately 200 metres to the east of the previously reported NI43-101 resources. These holes provided intercepts which show the mineralized zone in this area to have an average true width of approximately 15 metres (49.2 feet) and a weighted average grade of 2.68 gpt Au and 137.1 gpt Ag or 271 gpt Ag equivalent (7.90 opt). The drilled strike length of the Main Zone is now approximately 800 metres.

Once drilling is complete, a new resource will be estimated and should result in significantly expanded resources to the east. All samples are being analyzed at ALS-Chemex in Hermosillo, Mexico and North Vancouver, BC, Canada.

J. Scott Drever, President stated; �We are particularly excited about the strength of the Main Zone with respect to its width and grades as we continue to explore further to the east and to depth. We have now tested the resource area that is expected to fall within the potential proposed pit at approximately 50 metre centres. This density of drilling, in addition to the detailed sampling on four underground levels, will allow us to complete our detailed resource estimates and prepare preliminary bench plans for an optimized open pit and start-up mine plan. The potential resource area for the starter pit now encompasses a length of approximately 800 metres, a width of about 15-30 metres and a minimum depth of 100 metres. Our immediate target is to develop an indicated resource of between 5.5 and 6.5 million tonnes of potential open pit material. The success of these step-out holes has led us to redesign the drill plan so as to test, at least on wide spacing, the entire 1200 metre length surface expression of the Main Zone. This should give us a reasonable understanding of the ultimate potential of the Main Zone.In the mean time, we continue to be focused on completing our pre-feasibility study and making a production decision for an open pit heap leach operation before year end.�

Prior to the extension of the Main Zone along strike and to depth, the NI 43-101 resources were estimated at:

Resource Category�

Tonnes

Au
gpt

Ag
gpt

Tons

Au
opt

Ag
opt

Contained
Gold Ounces

Contained
Silver Ounces

Silver Equiv.
Ounces*

Gold Equiv. Ounces*

Indicated

2,458,900

2.16

55.7

2,710,500

0.063

1.62

171,000

4,391,000

14,651,000

244,183

Inferred

3,514,300

1.42

78.3

3,873,900

0.041

2.28

159,000

8,832,000

18,372,000

306,200

Conforms to NI 43-101, 43-101CP, and current CIM definitions for resources. All numbers are rounded. C. Stewart Wallis, P.Geo., independent qualified person (QP) from the consulting firm of Scott Wilson Roscoe Postle Associates Inc. and N. Eric Fier, CPG, P.Eng, QP and Chief Operating Officer of the Company completed the Santa Elena resource estimation. *Based on 60:1 Silver to Gold ratio and 100% metal recovery.

The Qualified Person for this news release is N. Eric Fier, CPG, P.Eng. and Chief Operating Officer for SilverCrest Mines Inc.

SilverCrest Mines Inc., is a �Silver Focused� exploration and development company with a portfolio of high grade silver deposits and exploration properties located in Mexico and El Salvador. This property portfolio, which includes reported indicated and inferred silver resources and substantial exploration potential, provides an important base from which SilverCrest can develop its corporate objective of becoming a significant silver asset based company. The Company�s immediate initiative is to acquire and develop substantial silver resources and ultimately to operate high grade silver mines throughout North, Central and South America.

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.

On Behalf of the Board of Directors of
SilverCrest Mines Inc.

�J. Scott Drever�

J. Scott Drever, President

For further information, please contact:

Fred Cooper
1311 Howe Street, Suite 405
Vancouver, BC V6Z 2P3

Telephone: (604) 691-1730
Fax: (604) 691-1761
Email: info@silvercrestmines.com
Website: www.silvercrestmines.com
Toll Free: 1-866-691-1730 (Canada & USA)

The TSX-Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release

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SilverCrest Mines

PRODUCTEUR
CODE : SVL.V
ISIN : CA8283651062
CUSIP : 828365
Suivi et investissement
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Présentations des Compagnies de SilverCrest Mines
01/06/2010Greg McCoach - Mining Speculator June 2010
01/06/2010Corporate Presentation - June 2010
31/03/2010 Funding In Place, Construction on Schedule for 2010 Product...
01/01/2010Why invest in SilverCrest Mines?
10/06/2009Corporate report June 2009
01/04/2009SilverCrest Mines Update
02/03/2009Updated Resource Estimate for Santa Elena project
16/01/2009Santa Elena grows for SilverCrest
02/06/2008 Less Than A Year Away From Production At Santa Elena
21/04/2008Moving Towards Production at Santa Elena
31/03/2008New Recommendation
22/11/2006Corporate Presentation
Dans les médias de SilverCrest Mines
14/03/2012Scott Drever=2C President of SilverCrest Interview on BNN
07/10/2011SilverCrest Mines Inc. Joins OTCQX
22/09/2008Objective Capital research
25/10/2007Analysis by David and Eric Coffin
17/11/2006Follow up N° 4
Rapports annuels de SilverCrest Mines
2009 Annual Report
2008 annual report
Annual Report 2007
Annual Report 2006
Financements de SilverCrest Mines
20/05/2011Closes $30 Million Bought Deal Financing
28/04/2011Announces CAD$30.0 Million Bought Deal Common Share Financin...
20/03/2008Completes Private Placement; Amends $3.0 Million Macquarie F...
13/03/2008Announces First Closing Of Private Placement
Attributions d'options de SilverCrest Mines
29/03/2008 Engages Marketing Consultant and Grants Stock Options
Nominations de SilverCrest Mines
31/01/2013Appoints Vice President, Corporate Development
04/11/2011(Santa Elena)Appoints V.P. Corporate Development for Mexico and General M...
15/02/2011SilverCrest Appoints of Mr. Brent McFarlane Vice President, ...
Rapports Financiers de SilverCrest Mines
15/08/2012Reports Q2=2C 2012 Financial Results
10/04/2012Announces 2011 Financial Results Cash Flow from Operations o...
29/11/2011Reports $5.1 Million Third Quarter Cash Flow from Operation...
30/08/2011Announces Second Quarter Earnings of $790,000 and Cash Flow ...
02/08/2011Form 40-F Registration Statement Effective
Projets de SilverCrest Mines
13/11/2012(Santa Elena)Drilling Update for Santa Elena Mine
20/03/2012(La Joya Durango)Reports 58m @ 164.7 gpt Ag Eq* at La Joya
16/02/2012(La Joya Durango)Reports Coloradito Target Results at La Joya Property=3B Pot...
23/01/2012(La Joya Durango)s Corporate Resources Silver Equivalent Inferred Resources ...
23/01/2012(Cruz De Mayo)s Corporate Resources Silver Equivalent Inferred Resources ...
23/01/2012(Cruz De Mayo)s Corporate Resources Silver Equivalent Inferred Resources ...
23/01/2012(Santa Elena)s Corporate Resources Silver Equivalent Inferred Resources ...
12/01/2012(Santa Elena)Reports Record Production in Q4 at Santa Elena=3B =E2?=A2 Si...
05/01/2012(La Joya Durango)Announces Initial Resources at La Joya Property=3B +100 mill...
30/11/2011(La Joya Durango)Commences Phase II Drilling at La Joya=3B Phase II Surface S...
17/11/2011(La Joya Durango)Identifies Large Bulk Tonnage Target at La Joya=3B Hole 17 i...
21/10/2011(La Joya Durango)SilverCrest Discovers New Mineralized “Contact Zone” at La J...
14/10/2011(Santa Elena)Reports Increased Santa Elena Production in Q3 Silver Produc...
22/09/2011(Santa Elena)Begins Drilling at Cruz de Mayo, Reports on Santa Elena Nort...
22/09/2011(Cruz De Mayo)Begins Drilling at Cruz de Mayo, Reports on Santa Elena Nort...
10/08/2011(La Joya Durango)Video Tour of La Joya Mine Project, Durango Mexico
13/07/2011(Santa Elena)Declares Commercial Production at Santa Elena Mine; Pours 74...
07/06/2011(La Joya Durango)Reports Additional La Joya Drill Results, More High Grade Si...
26/04/2011(Santa Elena)Files NI 43-101 Technical Report for Santa Elena Reserve Up...
13/04/2011(Santa Elena)Santa Elena Mine Commissioning Phase Update, Silver And Gold...
12/04/2011(Santa Elena)Announces Santa Elena Expansion Plan Net Present Value of US...
13/03/2011(La Joya Durango)Reports La Joya Initial Drill Results; Up to 19.2 Metres of ...
06/01/2011(Santa Elena)Santa Elena Mine Start-Up Phase Update
01/12/2010(La Joya Durango)Acquires New Major Mexico Property
09/09/2010(Santa Elena)Completes First Metals Pour at Santa Elena
14/08/2009(Santa Elena)to Acquire 100% of the Santa Elena Project
09/06/2009(Santa Elena)Announces Agreement With MacQuarie Bank Limited For US12.5 M...
17/04/2009(Santa Elena)Revises Letter of Intent with Sandstorm Resources Ltd. for D...
13/03/2009(Santa Elena)Gold Production Payments and Convertable Loan to Finance Dev...
28/11/2008Completed pre-feasibility study for Santa Elena project
15/08/2008Receives Environmental Impact Assessment Approval; NI43-10...
01/07/2008 HIGH GRADE SILVER DEPOSITS IN EL SALVADOR AND MEXICO
30/06/2008(Santa Elena)Santa Elena prefeasibility study completed
26/06/2008(Santa Elena)Pre-Feasibility Results at Santa Elena, Mexico
05/06/2008(Santa Elena)Main Zone Expansion Drilling 11.2 metres (36.73 feet) gradin...
21/05/2008(Santa Elena) Submits Environmental Impact Assessment; Receives Land Use ...
08/04/2008(Santa Elena)Continues to Expand Main Zone at Santa Elena, Mexico
21/02/2008(Santa Elena)Updates Progress at the Santa Elena Project, Mexico
09/01/2008(Santa Elena)Continues to Intercept High Grade Gold and Silver at the San...
04/01/2008(Santa Elena)Resource Expansion at Santa Elena and Cruz de Mayo
20/12/2007(Santa Elena)Secures Surface Rights for Santa Elena Project, Mexico
29/11/2007(Santa Elena)Intercepts 32.9 Metres of 367 gpt (10.7 Ounces) Silver & Sil...
15/11/2007(Cruz De Mayo)SilverCrest Announces Resource Increase Indicated Resources ...
18/10/2007(Santa Elena)SilverCrest Intercepts 51.4 Metres of 1.53 gpt Gold and 126 ...
26/09/2007(Santa Elena) Continues to Expand Santa Elena Deposit, Northern Mexico
11/09/2007(Santa Elena)Mobilizes Second Drill Rig to Santa Elena Project, Mexico
06/09/2007(Santa Elena)Significantly Expands Mineralization at Santa Elena Project,...
26/07/2007(Cruz De Mayo)Reports Final RC Drill Results and Preliminary Metallurgy at...
05/07/2007(Cruz De Mayo)Reports More Silver at Cruz de Mayo, Mexico
24/05/2007(Cruz De Mayo)Reports New Silver Discovery at Cruz de Mayo, Mexico
10/05/2007(Cruz De Mayo)Updates Progress at the Santa Elena Project, Mexico
Communiqués de Presse de SilverCrest Mines
21/12/2012Reports Additional La Joya High Grade Intercepts 80m of 78.8...
04/12/2012(Santa Elena)s Santa Elena Resource Infill and Expansion Drilling
27/11/2012Reports Additional La Joya High Grade Intercepts 45.0m of 13...
05/10/2012Announces $26.1 Million Bought Deal
27/09/2012Reports High Grade Surface Sampling and Additional Drill Res...
30/01/2012Presenting At the Silverseek Online Forum
09/01/2012Retires Bank Debt Ahead of Schedule
07/10/2011Commences Trading on OTCQX
17/06/2011Announces Appointment of New Director, Reconfirmation of Sha...
31/05/2011Files Form 40-F Registration Statement with SEC
14/01/2011updates Market On US Trading Status
29/07/2010Initial Gold & Silver Production Imminent
06/05/2010& Goldsource Appoint Director of Communications
22/09/2009Analyst Coverage by Jennings Capital
13/07/2009New office
24/06/2009Eric Fier on Newsmakers
17/11/2008At Hard Assets Conference, San Francisco
24/09/2008New Video Tour: Underground Silver Deposits at Santa Elena
13/07/2008Report
10/07/2008Signs Agreement For $3.0 Million Feasibility Finance Facilit...
21/04/2008Initiation Report
01/03/2008Announces US$3.0 Million Feasibility Finance Facility & Prop...
19/09/2007Intercepts 10.1 Metres of 6.53 gpt Gold and 218.7 gpt Silve...
08/03/2007Completes Second Phase Drill Program at Cruz de Mayo, Mexico
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