======================================================================= News Release - February 26, 2013 SilverCrest Continues to Expand Santa Elena Deposit; Another New Discovery and More High Grade Intercepts, 25.8m @ 1.24 gpt Au and 187.6 gpt Ag including 1.9m @ 2.34 gpt Au and 1,281.9 gpt Ag ======================================================================= Dear MvM Commodity Group <>, VANCOUVER, BC � February 26, 2013 � SilverCrest Mines Inc.

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

One hundred and eleven holes of a revised planned 114 holes have been completed to re-categorize Indicated and Inferred Resources to Probable Reserves and expand current underground Resources (see attached Figure).

This drill program continues to be extremely successful and several of the most recent holes have identified additional bonanza grade (as defined below) intercepts and two new zones (El Cholugo and El Cholugo Dos) that lie below and are sub-parallel to the Main Mineralized Zone currently being mined.

All holes included in this program will assist with resource confirmation and reclassification, the results of which will be included in the upcoming Pre-Feasibility Study for the Santa Elena Expansion Project. J.

Scott Drever, President stated; �This delineation drill program has been immensely successful.

We have drilled the known portion of the deposit at 35 to 40 metre centres, the Main Mineralized Zone has been extended by approximately 300 metres beyond our current resource boundary and we have identified two new sub-parallel zones, El Cholugo and El Cholugo Dos.

We are eagerly awaiting the results of the revised underground resource and reserve estimations that are intended to extend the mine life well beyond the existing 6.5 year life of the current open pit heap leach.

Our underground decline has progressed beyond 1,200 metres and a number of muck bays are within 25 metres of the underground portion of the ore deposit which will allow for early development of the deposit.� In this reported series, core holes SE-13-117, SE-13-119 and GT-12-09 have intercepted further Bonanza grades of silver (greater than 1,000 gpt Ag) ranging from 1.0 metre @ 1.50 gpt Au and 1,320 gpt Ag to 1.9 metres @ 2.34 gpt Au and 1,281.9 gpt Ag (see tables below).� Assay values in this series of holes range from 0.3 gpt to 27.2 gpt gold and 54.7 gpt to 1,320.0 gpt silver.

Mineralized intervals range from 1.7 metres to 25.8 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://silvercrestmines.com/news/index.php?&content_id=133 ======================================================================= 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 =======================================================================