Corporate PresentationApril 2013

DisclaimerThe information provided in this presentation is not intended to be a comprehensive review of all matters and developments concerning the Company. It should be readin conjunction with all other disclosure documents of the Company. The information contained herein is not a substitute for detailed investigation or analysis. Nosecurities commission or regulatory authority has reviewed the accuracy or adequacy of the information presented.FORWARD-LOOKING STATEMENTSThis presentation contains forwardlooking statements within the meaning of Canadian securities legislation and the United States Securities Litigation Reform Act of 1995. Suchforwardlooking statements concern the Companys anticipated results and developments in the Companys operations in future periods, planned exploration and development ofits properties, plans related to its business and other matters that may occur in the future. These statements relate to analyses and other information that are based on expectationsof future performance, including silver and gold production and planned work programs. Statements concerning reserves and mineral resource estimates may also constituteforwardlooking statements to the extent that they involve estimates of the mineralization that will be encountered if the property is developed and, in the case of mineralreserves, such statements reflect the conclusion based on certain assumptions that the mineral deposit can be economically exploited.Forwardlooking 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 thoseexpressed or implied by the forwardlooking statements, including, without limitation: risks related to precious and base metal price fluctuations; risks related to fluctuations in thecurrency markets (particularly the Mexican peso, Canadian dollar and United States dollar); risks related to the inherently dangerous activity of mining, including conditions or eventsbeyond our control, and operating or technical difficulties in mineral exploration, development and mining activities; uncertainty in the Companys ability to raise financing and fundthe exploration and development of its mineral properties; uncertainty as to actual capital costs, operating costs, production and economic returns, and uncertainty thatdevelopment activities will result in profitable mining operations; risks related to reserves and mineral resource figures being estimates based on interpretations and assumptionswhich 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;risks related to governmental regulations and obtaining necessary licenses and permits; risks related to the business being subject to environmental laws and regulations which mayincrease costs of doing business and restrict our operations; risks related to mineral properties being subject to prior unregistered agreements, transfers, or claims and other defectsin title; risks relating to inadequate insurance or inability to obtain insurance; risks related to potential litigation; risks related to the global economy; risks related to the Companysstatus as a foreign private issuer in the United States; risks related to all of the Companys properties being located in Mexico and El Salvador, including political, economic, social andregulatory instability; and risks related to officers and directors becoming associated with other natural resource companies which may give rise to conflicts of interests.Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those describedin theforwardlooking statements. The Companys forwardlooking statements are based on beliefs, expectations and opinions of management on the date the statements are made. Forthe reasons set forth above, investors should not place undue reliance on forwardlooking statements. he information contained herein is nota a substitute for detailed investigationor analysis. No securities commission or regulatory authority has reviewed the accuracy or adequacy of the information presented.All monetary figures are expressed in United States dollars unless otherwise specified.Qualified PersonUnder National Instrument (NI 43-101) Standards of Disclosure for Mineral Projects, the Qualified Person for this presentation is N. Eric Fier, CPG, P.Eng. and Chief Operating Officerfor SilverCrest Mines Inc., who has reviewed and approved its contents. 2

Experienced Management TeamJ. Scott Drever, BSc., President (45 years experience)Strategic Planning, Mergers & Acquisitions. Management and operational experience with several production companies, includingPlacer Dome and Blackdome Mining.Barney Magnusson, CA, CFO (35 years experience)Served as an Officer and Director of 6 mining (Dayton Mines, High River Gold Mines) companies that developed, constructed oroperated 8 precious metals mines in North and South America.N. Eric Fier, CPG, P.Eng., COO (25 years experience)Operations, Project Evaluation & Management. Previously with Newmont Mining, Eldorado Gold, Pegasus Gold Corp. Involvementin construction and operations of 3 previous mines. Several major international discoveries.Brent McFarlane, BSc., VP Operations (25 years experience)Managed all phases of open pit and underground mining projects and instrumental in leading Mexican and Intl projects throughfeasibility, construction, and production while working for Minefinders, Kappes Cassiday, TVI Pacific, Marston, and Pegasus Gold.Marcio Fonseca, P.Geo., VP Corporate Development (20 years experience)Served as Division Director at Macquarie Metals & Energy Capital with focus on equity and debt financing for the mining sectorover the last 9 years. Prior to that, he held corporate positions in business development, project development, operations andexploration with Vale and Phelps Dodge in Latin America.Graham C. Thody, CA, Director (30 years experience)Corp. finance and public company management. Director and President of UEX Corp., Chairman of the Board of Geologix.George W. Sanders, Director (30 years experience)Experience in mining and exploration finance. Previously with Canaccord Capital Corp., Richmont Mines Inc., Consolidated CinolaMines Ltd., and Shore Gold Inc.Ross Glanville, P.Eng., CGA, Director (40 years experience)Experience in mining, exploration finance, valuations and fairness opinions. Director of Archon Minerals Limited, Clifton StarResources Inc. and Starfield Resources Inc. 3FOUNDERS

Capital Structure & Trading HistorySVL SHARE STRUCTUREIssued & Outstanding: 107,952,429Options: 6,560,000Fully Diluted Shares: 114,512,429Average Option Price: CAD $1.41MANAGEMENT & KEY SHAREHOLDERSFully DilutedJ. Scott Drever, President: 2,141,226Barney Magnusson, CFO: 2,320,727N. Eric Fier, COO: 2,057,027Sprott Asset Management: 8.0%Libra Advisors: 5.7%Wellington Management: 5.5%AGF Investments: 3.7%J.P. Morgan Asset Management: 1.5%Independent Directors: 1,360,500TRADING SUMMARY TSX.VNYSE MKT90 - Day Avg. Daily Volume: 317,136 199,77452 Week High / Low: $2.96 / $1.55 $3.05/$1.52Share Price (April 25, 2013): CAD $2.23Market Cap: CAD $238 MWorking Capital (Dec 31, 2012): $55 M4

5Strong Financial PerformanceRevenue & Cash Flow GrowthStrong Working Capital of$ 55 Million at Dec 31, 2012 The second quarter of 2011 was the first period whereby revenues and expenses were presented in thestatement of operations. Higher grade areas were mined in this quarter.-5.0010.0015.0020.0025.00Q22011 Q32011Q42011Q12012 Q22012Q32012Q42012USD($millions)RevenueCash flow0102030405060Q22011Q32011Q42011Q12012Q22012Q32012Q42012 USD($millions)Working Capital Higher working capital due to bought deal financing and cash flow from operations.

6Financial Performance on a per share basis0.000.020.040.060.080.100.120.140.16Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012Quarterly Earnings Per Share (Basic) - $0.000.020.040.060.080.100.120.140.16Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012Quarterly Cash Flow Per Share - $0.000.050.100.150.200.250.300.350.400.452011 2012Annual CFPS & EPSCFPS EPSNote: Earnings impacted by derivative losses

7Cash Operating Cost & ALL IN Cash Operating Cost2012 2011Cash operating cost per income statement $ 18,307,681 9,526,888General and Admin expenses $ 5,568,582 4,093,438Santa Elena Reserve definition drilling $ 3,164,152 -Santa Elena Sustaining capital $ 1,703,919 1,450,589All-in sustaining cash cost $ 28,744,334 15,070,915Cash Cost per silver equivalent ounce $ 7.39 7.79ALL IN cash cost per silver equivalent ounce $ 11.60 9.60 Based on 2,477,623 silver equivalent ounces sold in 2012 Based on 1,570,106 silver equivalent ounces sold in 2011

8Mine Operating Earnings Per TonnePer tonne of ore loaded on pads 2013E 2012 2011Revenue $ 53 $ 61 $ 42 Cash cost $ (17) $ (16) $ ( 9) Depletion, depreciation and accretion $ ( 6) $ ( 5) $ ( 3)Mine operating earnings per tonne $ 30 $ 40 $ 29 Footwall ore with a slower recovery cycle was placed on the pad initially in 2011. Low strip ratio in 2011 due to mining of footwall material. Estimates of $1450 for Au and $26 for Ag were used.

CATEGORYTONNESAUGPTAGGPTCU%CONTAINEDAU OZCONTAINEDAG OZCONTAINEDCU LBSCONTAINEDAG EQ. OZ*PROBABLE 3,459,200 1.96 87.3 217,800 9,713,600 21,694,900INDICATED 991,100 1.83 109.1 58,330 3,476,960 6,685,110INFERRED 1,879,000 1.53 86.9 92,470 5,250,190 10,336,040INDICATED 1,141,00 0.06 64.2 2,300 2,353,400 2,479,900SANTA ELENA OPEN PIT RESERVES**SANTA ELENA UNDERGROUND RESOURCES***CRUZ DE MAYO RESOURCES****INFERRED 6,065,000 0.07 66.5 13,300 12,967,100 13,698,600LA JOYA*****TOTALSINFERRED : 15 gpt cutoff60 gpt cutoff126,700,00027,900,0000.170.2823.557.50.190.48716,200258,80095,900,00051,600,000533,200,000288,400,000198,600,000100,800,000TOTAL PROBABLE 3,459,200 1.96 87.3 217,800 9,713,600 21,694,900TOTAL INDICATED 2,132,100 1.88 85.1 60,630 5,830,360 9,165,010TOTAL INFERRED134,644,000 0.19 26.4 0.19 821,970 114,117,290533,200,000222,634,640 (*)Corporate Resources(*) For INFERRED total La Joyas 15 gpt resource numbers were used.*Silver Equivalency based on Ag:Au is 55:1 except for La Joya (see below). // **based on $1,000/oz of gold and $18/oz of silver, cut-off grade of 0.38 gpt gold equivalent with applied metallurgical recoveries.Estimated 1,336,000 ore tonnes mined at Santa Elena in 2010 and 2011 grading 1.50 gpt Au and 43.5 gpt Ag and subtracted from Probable Reserves. All numbers are rounded. Excludes potential metal inventoryfor leach pad re- treatment during Expansion. // ***based on $1,000/oz of gold and $18/oz of silver, cut-off grade is 1.77 gpt gold equivalent with applied metallurgical recoveries. // ****based on a silver cut-off gradeof 30 gpt, 100% metallurgical recovery is assumed. This is presented in the 2007 Fier and Stewart Technical Report. // ***** Silver equivalency for La Joya includes silver, gold and copper and excludes lead, zinc,molybdenum and tungsten values. Ag:Au is 50:1, Ag:Cu is 86:1, based on 5 year historic metal price trends of US$24/oz silver, US$1200/oz gold, US$3/lb copper. 100% metallurgical recovery is assumed.Inferred Resources have been estimated from geological evidence and limited sampling and must be treated with a lower level of confidence than indicated Resources. 9

Production Stages1. SANTA ELENA HIGH GRADE OPEN PIT 2. CRUSHER FACILITY4. DORE PRODUCTION 2013E: 33k oz Au, 625koz Ag103. HEAP LEACH EXPANSION & MILL SITE

Santa Elena Production Data(1) Silver equivalence is a weighted volume average based on market spot prices per ounces of gold and silver at the quarter end dates.(2) (1) Silver equivalence is based on market spot prices per ounce of silver and gold at the quarter end dates. All numbers are rounded(3) Sandstorm Agreement: 20% gold stream at $350/ozSanta Elena Mine Operating Highlights Q1 2013 Q4 2012 YTD 2012Silver ounces produced 153,481 153,863 579,609Gold ounces produced (3) 7,225 7,831 33,004Silver equivalent ounces produced (1) 556,667 588,948 2,371,755Silver ounces sold 157,088 171,714 588,312Gold ounces sold 7,370 8,444 34,834Silver equivalent ounces sold (1) 568,380 640,856 2,477,623Tonnes ore mined 257,726 301,295 1,092,305Tonnes waste mined 1,100,362 924,927 4,640,700Waste / ore ratio 4.27 3.07 4.25Ore tonnes crushed 252,830 308,693 1,157,226Average ore tonnes crushed per day 2,809 3,355 3,162Average silver ore grade (gpt) loaded on pad 62.09 59.59 47.95Average gold ore grade (gpt) loaded on pad 1.54 1.42 1.43Silver ounces delivered to pad 504,711 591,441 1,784,118Gold ounces delivered to pad 12,536 14,089 53,296Ag: Au Ratio (2) 55.8:1 55.6:1 54.3:111

12Santa Elena Mine Expansion Plan Capex Schedule($ Millions) TOTAL 2013(Budget)2012 2011Mill Complex 58.7 53.2 5.5 -Underground Development 12.3 7.8 3.5 1.0Drilling & Pre-Feasibility 9.5 3.5 5.0 1.080.5 64.5 14.0 2.0 Pre Feasibility in Q2|2013 Decline ramp, UG development and drilling in process Construct, 3,000 tonnes per day conventional mill by end of 2013 Mill feed from Open Pit and Underground in 2014

13Potential Mill Feed Schedule 2013 - 2024Source 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024Open Pit (until August 2014)Underground (to commence Q3|2014)Heap Leach Material (to commence Q3|2014)Cruz de Mayo(1)(2)Note (1): ResourcesNote (2): 2013 Open Pit Heap Leach Reserves To Be Processed

Santa Elena Expansion - Mill Plan (Ultimate Foot Print)Open PitLeachPadPhase 1Leach PadPhase 2Merrill Crowe PlantFuture CrushingCircuitWaste DumpFuture CCDCircuit , 3000 tpdUnderground Decline Portal14Production WellAA

Santa Elena Production Expansion - Long Section15

La Joya : Geological Model - Phase I & II DrillProgram16Conceptual Starter Pit

La Joya Exploration PotentialLa Paloma17

La Joya NI 43-101 Resource Estimate - January 2013* Silver equivalency includes silver, gold and copper and excludes lead, zinc, molybdenum and tungsten values. Ag:Au is 50:1, Ag:Cu is 86:1, based on 5 year historic metal price trends of US$24/oz silver, US$1200/oz gold, US$3/lb copper.100% metallurgical recovery is assumed.**Classified by EBA, A Tetra Tech Company and conforms to NI 43-101, 43-101CP, and CIM definitions for resources. All numbers are rounded.***Inferred Resources have been estimated from geological evidence and limited sampling and must be treated with a lower level of confidence than Measured and Indicated Resources18Ag Eq*Cut-offgptResourceCategory*Tonnage(000)Ag gptAugptCu %Ag EqgptAg Oz(000)Au oz(000)Cu lbs (000)Ag Eq* Oz(000)15 Inferred 126,700 23.5 0.17 0.19 48.7 95,900 716.2 533,200 198,60030 Inferred 71,200 34.4 0.22 0.28 69.8 78,700 524.8 436,800 159,80060 Inferred 27,900 57.5 0.28 0.48 112.2 51,600 258.8 288,400 100,800

La Joya Resource Sections A-A (Looking NE)19Potential Starter Pit

Investment Highlights Unhedged High Grade, Low Cost Producer Excellent Profit Margins Strong Earnings And Cash Flow Significant Increase In Production by 2014 Good Organic Growth Opportunities Expanding Reserves & Resources Building The Next Mid-Tier Silver Producer Personnel In Place For Future GrowthUpcoming Catalysts 2013 Quarterly Production Data & Financial Statements Santa Elena Expansion Pre-Feasibility Study Revised Corporate Reserve & Resources Revised Life of Mine Plan Santa Elena Expansion Updates Santa Elena Exploration Results La Joya moving to PEA status in 201320Santa Elena CCD Tank Construction

21Institutional Holdings Analyst CoverageInstitutional Investors Sprott Inc Libra Advisors Wellington Management AGF Investments JP Morgan Chase IG Investment Management Global X Management Global Strategy Financial Great West Life US Global InvestorsFirm Analyst Canaccord Genuity Nicholas Campbell Cormark Securities Graeme Jennings Dundee Capital Chris Lichtenheldt Global Hunter Securities Jeff Wright Haywood Securities Benjamin Asuncion Jennings Capital Kwong-Mun Achong Low PI Financial Corp Philip Ker Raymond James Chris Thompson Roth Capital Partners Brian Post Stonecap Securities Christos Doulis

22Peer Comparables Market Capitalization & EarningsSource: Company disclosure and BloombergPrimero Endeavour Silver Timmins Fortuna Silver SilverCrest Aurcana Silver Great Panther Scorpio Mining49.6 42.1 36.1 31.5 30.5 10 5.5 7.1529459364 350221 20513599$millionsPeer Comparables - April 23, 20132012 Earnings Market Capitalization

Contact UsMichael Rapsch,Manager, Corporate CommunicationsTel: (604) 694-1730Toll Free: 1-866-691-1730Fax: (604) 694-1761info@silvercrestmines.comwww.silvercrestmines.comSuite 501 - 570 Granville StreetVancouver, BC V6C 3P1SILVERCRESTMINES.COM MEDIA PRESENTATIONSScan the QR codes above for more info.Get the FREE mobile app: http://gettag.mobi23