SilverCrest Mines Inc.
TSX VENTURE : SVL

SilverCrest Mines Inc.

July 14, 2008 17:48 ET

SilverCrest Announces Stock Option Grant

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 14, 2008) - SilverCrest Mines Inc. (the "Company") (TSX VENTURE:SVL) wishes to announce the granting of stock options to directors and officers under its Stock Option Plan to purchase up to an aggregate 850,000 common shares of the Company at an exercise price of $1.03 per share for a term of five years.

All shares issuable pursuant to the exercise of options are subject to a hold period of four months and one day from the date the options were granted.

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

On Behalf of the Board of Directors of SilverCrest Mines Inc.

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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