This article is about SilverCrest Mines (SVLC). Silvercrest Mines is a gold and silver producer in Mexico with a market capitalization of $230 million. It is currently producing gold, with some silver at its Santa Elena open pit mine in Sonora, Mexico. It plans on increasing production here by developing an underground mine, which will have a life of about 8 years and will focus more on silver production. The company also has two major exploration properties with NI 43-101 compliant resources:
- Cruz de Mayo, which is near Santa Elena, and which is expected to be a small silver producer in 2018.
- La Joya, which is south of the first two properties, and which has a large silver