SilverCrest Confirms U/G High Grades at Santa Elena 11.6m @ 5.83 gpt Au and 232.5 gpt Ag Including 1.15m @ 21.7 gpt Au and 572 gpt Ag MarketwiredPress Release: SilverCrest Mines Inc. – 4 hours ago.. . . Email Recommend Tweet Print ... . .Related Content. . .. . .RELATED QUOTES. . Symbol Price Change SVLC 2.59 +0.23 . .. . . . VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 17, 2014) - SilverCrest Mines Inc. (TSX VENTURE:SVL)(NYSE MKT:SVLC) (the "Company") is pleased to announce results of further delineation underground drilling completed in Q4, 2013 at the Santa Elena Mine in Sonora, Mexico. Twenty two closely-spaced (est. 25 metres) underground drill holes, totaling 1,590 metres have been completed to better define underground resources and verify widths and grades for the first planned production stopes to be mined in 2014 (see table below and attached Figure: http://media3.marketwire.com/docs/svlfig0217.jpg). The results of all holes included in this news release will be part of a resource update scheduled to be completed in H2 2014. N. Eric Fier, CPG, P.Eng., President & COO stated; "This underground drill program was successful in confirming good continuity of the Main Mineralized Zone (MMZ) and high grades for the initial planned production stopes to be mined in 2014. Valuable information was also provided from this program to better define overall reserves and subsequent stope designs. We look forward to successfully transitioning from our current open pit heap leach operation to underground mining with a 3000 tonnes per day conventional mill by H2 2014." The drill program, with estimated 25 metre centres, confirmed the consistent continuity and geometry of the MMZ. Drill result reconciliation with previous wider-spaced (est. 50 metres) drilling in this area showed comparable widths and grades. The most significant assay results from this underground drilling program are shown in the following table and interval widths are considered near-true thickness. Hole ID From (m) To (m) Interval (m) Au gpt Ag gpt SEUG-13-01 49.1 52.4 3.3 4.76 100.9 includes 49.1 50.4 1.3 8.67 107.0 SEUG-13-02 56.0 63.9 7.9 2.21 165.5 includes 56.9 60.0 3.1 2.83 341.5 SEUG-13-03 76.9 90.3 13.4 2.23 138.8 includes 78.4 84.9 6.5 3.60 212.9 SEUG-13-04 93.7 108.9 15.2 2.91 131.7 includes 103.5 106.1 2.5 10.83 306.6 SEUG-13-05 63.5 70.5 7.0 2.86 148.1 includes 66.5 67.5 1.0 4.99 195.0 SEUG-13-06 62.0 67.9 5.9 1.92 110.9 SEUG-13-07 78.4 90.0 11.6 5.83 232.5 includes 81.0 85.5 4.5 12.20 407.4 includes 83.2 84.3 1.2 21.70 572.0 SEUG-13-08 39.2 47.5 8.3 2.37 95.0 includes 40.3 41.4 1.0 1.84 326.0 includes 45.0 46.4 1.4 6.70 140.0 SEUG-13-09 42.3 53.6 11.3 1.45 102.0 includes 45.7 47.2 1.5 0.91 337.0 SEUG-13-10 51.3 53.0 1.7 0.12 33.5 SEUG-13-11 49.2 66.5 17.3 1.51 125.3 includes 54.1 55.6 1.5 0.52 560.0 SEUG-13-13 38.0 43.1 5.1 0.97 70.9 SEUG-13-14 51.0 60.0 9.0 1.61 165.7 includes 52.8 56.0 3.3 1.97 334.2 SEUG-13-15 42.8 53.1 10.3 1.84 136.5 includes 48.0 49.7 1.7 1.61 447.0 SEUG-13-16 36.2 41.6 5.4 1.23 60.9 SEUG-13-17 56.9 62.4 5.5 0.35 26.4 SEUG-13-18 58.7 64.9 6.2 2.20 434.8 includes 62.6 63.7 1.2 6.44 1450.0 SEUG-13-19 59.7 63.0 3.3 0.34 24.4 SEUG-13-20 36.6 42.9 6.3 0.66 48.6 SEUG-13-21 40.9 51.0 10.1 1.20 89.1 includes 42.9 44.0 1.1 3.56 98.0 SEUG-13-22 34.5 39.2 4.7 0.88 53.7 Weighted Ave. 8.0 2.08 130.5 Note: All numbers are weighted averages, uncut, undiluted and rounded. All sample analyses were completed by ALS Chemex in Hermosillo, Mexico and North Vancouver, BC. Core hole SEUG-13-12 was abandoned before intersecting mineralization. As Santa Elena progresses into an underground operation further delineation drilling will be completed in 2014 to continue to verify production stope reserves. As of January 31, 2014, approximately 2,730 meters of underground lateral development including ramp access, 675 metres of ore development, and 430 metres of raise development had been completed by an independent contractor. Approximately 35,000 tonnes of ore from underground development has been delivered to the leach pad for partial metal recoveries by leaching and will be reprocessed through the nearly completed CCD/Merrill Crowe mill. With the arrival of the Company's underground production equipment in May 2014, test stoping is scheduled for late Q2 and early Q3 2014. Full article: http://finance.yahoo.com/news/silvercrest-confirms-u-g-high-130000610.html PS. Miners coming back great, ex-out off of bottom in Dec 2013, how much to gain remains to be seen. Missed than entry but so far so good after a week. Cheers, Dave.