SilverCrest Announces Updated La Joya Resources


VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 29, 2013) - SilverCrest Mines Inc. (TSX VENTURE:SVL)(NYSE MKT:SVLC)(NYSE Amex:SVLC) ("SilverCrest" or the "Company") is pleased to announce an updated resource estimation for the La Joya Property in Durango, Mexico. The updated Inferred Resources are summarized as (refer to tables below for details);

Cutoff grade of 15 gpt silver equivalent (Ag Eq*,Global Case):   198.6 million ounces Ag Eq
Cutoff grade of 30 gpt Ag Eq (Base Case);   159.8 million ounces Ag Eq
Cut-off grade of 60 gpt Ag Eq (High Grade Case);   100.8 million ounces of Ag Eq
Cut-off grade of 0.05% WO3;   75.1 million pounds (35,700 tonnes) of tungsten

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