SilverCrest Mines Inc.
TSX VENTURE : SVL

SilverCrest Mines Inc.

June 01, 2005 15:46 ET

SilverCrest Announces Stock Option Grant

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 1, 2005) - SilverCrest Mines Inc. (TSX VENTURE:SVL) wishes to announce the grant under its Stock Option Plan of stock options to purchase an aggregate of 650,000 common shares of the Company at an exercise price of $0.75 per share for a term of five years. The stock options were granted to directors, senior officers and employees of the Company.

SilverCrest Mines Inc. is a "pure silver" exploration and development company with a portfolio of high grade silver deposits and exploration properties located in El Salvador, Mexico, Idaho and Honduras. 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.

J. Scott Drever, President


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

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