The information provided on the web site of SilverCrest Mines Inc. ("the Company" or “SilverCrest”) is solely for the reader's general knowledge and is not intended to be a comprehensive review of all matters and developments concerning the Company. The information contained on our site is not a substitute for detailed investigation or analysis on any particular issue. The contents of our site are not and should not be used as a substitute for independent professional advice in making an investment decision involving the Company.
This site is not intended to be and does not constitute a solicitation for the sale of securities. No securities commission or regulatory authority has reviewed the accuracy or adequacy of the information carried on this web site.
The Company’s website and its content are provided “as is” and “as available”. The content is believed to be accurate at the time it is posted on the website, but may be superseded by subsequent disclosures.
The Company does not represent or warrant that functions contained in the site will be uninterrupted or error-free, that defects will be corrected, or that the site or the server that makes it available is free of viruses or other harmful components. SilverCrest has taken steps to ensure the accuracy of the information contained on this web site. However, despite reasonable security measures, the risk of unauthorized alteration remains. SilverCrest therefore, accepts no responsibility for information on this site that has been altered, added or deleted without the Company's written consent.
Certain statements contained in this website and elsewhere constitute “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 and include, without limitation, statements with respect to: the economic viability of a project; strategic plans and expectations for the development of the Company’s operations and properties; the amount of mineral reserves and mineral resources; the amount of future production of gold and silver over any period; the amount of expected grades and ounces of metals and minerals; expected processing recoveries; cash operating costs and outflows; life of mine; average mine recovery rates; and prices of metals and minerals.
These forward-looking statements relate to analyses and other information that are based on, without limitation, the following estimates and assumptions: the presence of and continuity of metals at the Company’s projects; cost of production and productivity levels; plant and equipment function as anticipated; ability for contracted parties to provide goods and services on agreed time frame; ability to develop and finance projects; accuracy of the interpretations and assumptions used in calculating reserve and resource estimates; and operations not being disrupted or delayed by unusual geological or technical problems.
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 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; and risks related to the business being subject to environmental laws and regulations which may increase costs of doing business and restrict our operations.
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 Company undertakes no obligation to update or revise any forward-looking statements included in this website if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
This website, and some of the documents and materials therein, use the terms measured resources, indicated resources and inferred resources. United States investors are advised that while such terms are recognized and required by Canadian securities laws, the SEC does not recognize them. The terms “mineral reserve”, and “probable mineral reserve” are Canadian mining terms as defined in accordance with Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and the Canadian Institute of Mining, Metallurgy and Petroleum (the “CIM”) - CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as amended. These definitions differ from the definitions in SEC Industry Guide 7 under the United States Securities Act of 1993, as amended (the “Securities Act”).
Under SEC Industry Guide 7 standards, a “final” or “bankable” feasibility study is required to report reserves, the three-year historical average price is used in any reserve or cash flow analysis to designate reserves, and the primary environmental analysis or report must be filed with the appropriate governmental authority. In addition, the terms “mineral resource”, “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource” are defined in and required to be disclosed by NI 43-101; however, these terms are not defined terms under SEC Industry Guide 7, and are normally not permitted to be used in reports and registration statements filed with the SEC. Investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. “Inferred mineral resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases. Investors are cautioned not to assume that all or any part of an inferred mineral resource exists or is economically or legally mineable. Disclosure of “contained ounces” in a resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute “reserves” by SEC Industry Guide 7 standards as in place tonnage and grade without reference to contained ounces. Accordingly, information contained in this website contains descriptions of mineral deposits that may not be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements under the United States federal securities laws and the rules and regulations there under.
The website may contain links to third party websites or content posted on the websites maintained by third parties. The Company provides such links for your convenience only, to assist you in identifying and locating other Internet resources that may be of interest to you. These other websites are not under the control of SilverCrest and the Company does not endorse any third party website or content contained on such website; does not act as an editor, publisher or disseminator of any content accessible through such links and neither controls nor monitors such content; does not make any representations or warranties of any kind regarding the links or the third party websites; is not responsible in any way for the accuracy, relevancy, completeness, timeliness or legality of any content accessible through such links; and is not responsible in any way for any damage or loss incurred as a result of your use of or reliance on any of the links.