VANCOUVER, BC – November 27, 2012 – SilverCrest Mines Inc. (the “Company”) is pleased to announce the results of an additional 15 holes (LJ DD12-75 to LJ DD12-89) of the Phase II drill program nearing completion at its La Joya Property in Durango, Mexico. Phase II drilling reported to date has extended the Main Mineralized Trend (“Trend”) beyond the area containing the current Inferred Resource of 101.9 million ounces Ag Eq.*(see News releases dated March 20 and May 7, 2012 and attached Figure). Drilling and surface sampling has extended the Trend to approximately 2.5 kilometres with an average width of approximately 700 metres. Please reference our website at www.silvercrestmines.com for more information, photos and figures on La Joya.

Five of the 15 holes reported in the tables and text below continued to test the southern extension of the Trend with the remaining 10 holes focused on the delineation of the Contact Zone and Santo Nino Target. Silver values in this series of core holes along the Trend and Contact Zone range from 3.3 gpt to 189.0 gpt. Silver equivalent based values range from 19.7 gpt to 324.1 gpt Ag Eq.* (0.57 oz/ton to 9.45 oz/ton). Mineralized intervals range from 15.2 metres to 288.7 metres. True thicknesses of mineralized intercepts can be approximated from cross sections of previously announced drill holes in the respective areas. Intercepts in holes drilled at a 45º angle are at vertical depths considerably less than implied by the core length measurements so many of the intercepts are near surface. Intercepts in holes 79, 84 and 86, presented below, are examples of near surface higher grade mineralization that may be considered in a potential starter pit. The most significant assay results for this series of holes are shown in the following tables:

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