DISCLAIMER

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DISCLAIMER The information provided in this
presentation is not intended to be a
comprehensive review of all matters and
developments concerning the Company. It should be
read in conjunction with all other disclosure
documents of the Company. The information
contained herein is not a substitute for detailed
investigation or analysis. No securities
commission or regulatory authority has reviewed
the accuracy or adequacy of the information
presented. This presentation contains
forward-looking statements which address future
events and conditions which are subject to
various risks and uncertainties. The Companys
actual results, programs and financial position
could differ materially from those anticipated in
such forward-looking statements as a result of
numerous factors, some of which may be beyond the
Companys control. These factors include the
availability of funds the timing and content of
work programs results of exploration activities
and development of mineral properties, the
interpretation of drilling results and other
geological data, the uncertainties of resource
and reserve estimations, receipt and security of
mineral property titles project cost overruns or
unanticipated costs and expenses, fluctuations in
metal prices currency fluctuations and general
market and industry conditions. Forward-looking
statements are based on the expectations and
opinions of the Companys management on the date
the statements are made. The assumptions used in
the preparation of such statements, although
considered reasonable at the time of preparation,
may prove to be imprecise and, as such, undue
reliance should not be placed on forward-looking
statements.
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• Corporate Success Criteria
• Experienced Management
• Strategy for Growth
• Commodity Focus
• Acquire Advanced Stage Properties
• Financing and Market Support

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Experienced Management

• J. Scott Drever President 40 years
• Placer Dome, Blackdome Mines, Pan Ocean Oil,
  HBMS
• Barney Magnusson CFO 25 years
• High River Gold Mines, Dayton Resources, Brohm
  Resources
• N. Eric Fier COO 20 years
• Newmont Mining, Eldorado Gold, Pegasus Gold
  Corp.
• Experienced, independent Directors

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Initial Objectives
Strategy for Growth

• Create a Pure Silver Company with a target
  asset base of 150 Million ounces of Silver.
• Create a self-sustaining growth company and/or an
  attractive acquisition target.

Strategy

• Target high grade silver, open pit, in the
  money resources containing a minimum 30 million
  ounces Ag equivalent.

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Commodity Focus

• Case for Silver Now
• Supply/Demand Imbalance.
• Shortfall in Physical Stockpiles.
• Greater Price Leverage in Silver than Gold.
• Gold/Silver Ratio near historic highs.
• Development of Innovative Commercial Uses.
• Substitute for fiat currencies.
• Inflation hedge.

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Properties of Merit

• Target Model Criteria
• 30 - 50 million ounce targets.
• Potential open pits with implied low strip
  ratios.
• Expect higher grades in early years of
  production.
• Reasonable mine life at 3-5 million ounces per
  year.
• Accessible with reasonable infrastructure.
• Initial high grade to accelerate payback of
  capital.

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SilverCrests Properties
Mexico Silver Angel Project Santa Elena Project
El Salvador El Zapote Project
Chile Area of Interest
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El Zapote Project, El Salvador
Metapan
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El Zapote Project
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El Zapote 3D Model
San Casimiro Deposit
Cerro Colorado 3 Deposit
Oxide
Mixed
Sulfide
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El Zapote Cross Sections
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El Zapote Regional View
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El Zapote Project El Salvador

• Indicated and Inferred Resources
• 14 Million ounces Silver
• 78 Million pounds Zinc
• Feasibility Study in progress.
• Permitting underway. Metallurgical work
  progressing.
• Three high grade near surface Silver deposits.
• Additional exploration potential.
• 100 interest in 4200 hectare concessions.

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Mexico Properties
Silver Angel
Santa Elena
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Northern Mexico Concessions
Silver Angel 18,000 hectares 100 owned
Cruz de Mayo
Highway
4 x 4 Access Rd.
Santa Elena 600 hectares Option to earn 100
Hermosillo 150 km
0
20km
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Santa Elena Project

• Historic resource
• 3.3 million ounce silver, plus 112,000 ounce
  gold.
• Known mineralized zone (Main Gold Zone)
• 800m strike, 200m depth, 10m width.
• Main Target 30 million ounces Ag equiv.
• Untested Footwall Silver Zone
• 18.5m true width _at_ 316 gpt Ag, 0.4 gpt Au.
• Footwall potential 20 million ounces Ag equiv.
• Potentially open-pittable to 100m depth.
• 20 hole drill program in progress.
• NI 43-101 report with new resource by 2Q 2006.

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Santa Elena Plan Map
?
?
?
Santa Elena Project
Plan Map
Jan 06
By NEF
LEGEND
Proposed Drill Hole
Main Gold Zone
Shaft (abandoned)
Footwall Silver Zone
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Santa Elena Project
Footwall Silver Zone (1.0 to 10.0 opt Ag, 0.015
opt Au)
Main Gold Zone (0.5 to 8.0 opt Ag, 0.03 to 2.2
opt Au)
Proposed Phase I DH sites (multiple holes per
site)
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Targets
15M Ag equiv.
30M Ag equiv.
50M Ag equiv.
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Silver Angel Project Mexico

• 100 interest in 18,000 hectare Concessions.
• Located in the northern Sierra Madre Range in the
  State of Sonora, Mexico.
• Intense alteration over an area of approximately
  8 km by 3 km.
• Property hosts seven past producing silver/gold
  mines.
• Two deposit models.
• High grade silver near surface deposits -
  structurally controlled.
• Two targets drilled Graniditas Murucutachi
  with high-grade silver intercepts, overall mixed
  results.
• Stratigraphically-controlled mineralization in a
  200 metres thick unit.
• Minimum target of 30-50 million ounces of high
  grade silver.
• Potential for large lower grade deposit (3-5
  ounces silver per ton)

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Cruz de Mayo Project

• Historic Resource
• 9 million ounces Ag, plus 30,000 ounces Au
• Known mineralized zone (dip-slope)
• 800m strike, 150m depth, 10m width.
• Main Target 15 million ounces Ag equiv.
• Potentially open-pittable.
• Untested Zone (dip-slope)
• 1.7 kilometre strike, 150m depth, 10m width
• Recent drilling 8.75m _at_ 343 gpt Ag, 0.43 gpt Au
• Potential 30 million ounces Ag equiv.
• 15 drill hole program planned for 1Q - 2Q 2006.
• NI 43-101 report with new resource by 2Q 2006.

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Cruz de Mayo Plan Map
Concession Boundary
X
SVL holes CM05-1,2 3
X
X
X
LEGEND
X
Mineralized outcrop
X
X
Silver Prospect/Mine
X
X
Fault
X
X
SVL Drill hole
Proposed Drill hole
500m
0
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Cruz de Mayo Target
X
Cross Section
X
X
LEGEND
X
X
X
Target
X
Mineralized outcrop
X
X
Silver Prospect/Mine
X
X
Fault
Proposed Dh
Historic Resource Area
0
500m
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Cruz de Mayo El Gueriguito Silver Deposit
El Uno Adit
Surface
TCP-16
TCD-5
El Dos Adit
TCP-6
50m _at_ 199 g/t (5.8 opt) Ag
30m _at_ 155 g/t (4.5 opt) Ag, 0.35 g/t Au
10m _at_ 190 g/t (5.8 opt) Ag
El Tres Adit
20m _at_ 172 g/t (5.0 opt) Ag
25m _at_ 100 g/t (2.9 opt) Ag
0m
50m
Information is of an historical nature and is
yet to be verified by the Companys Qualified
Person and therefore should not be relied upon.
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Cruz de Mayo Project
CM05-2 3
Outcrop of Silver Mineralization (4 to 5 opt Ag,
0.5 g/t Au)
El Gueriguito Silver Deposit
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Share Capital Schedule

• Issued and Outstanding
  31,428,675
• Warrants Options
  9,598,755
• Shares Issued, Fully diluted
  41,027,430
• Current Market Capitalization
  Cdn25 Million
• Share Price (52 week High/Low) Cdn
  1.85 - 0.64
• Principals Directors (Fully Diluted)
  10 (approx)
• (As at August 2006)

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Why SilverCrest ??

• Reported Silver Resources - 0.56 oz Ag/share.
• Reported Zinc Resources 3.0 lbs Zn/share
• Mexico Additional Resource Target
• 40-60 million oz silver equivalent
• Significant upside potential in all properties.
• Share Price bottomed at Cdn 0.65 - 0.70.
• Experienced Management Directors.
• Seeking acquisitions in North, Central and South
  America.