SilverCrest Metals Inc. operates as a subsidiary of Coeur Mining, Inc., focusing on the acquisition, exploration, development, and production of precious metals properties, primarily high-grade silver and gold deposits in Mexico; its core asset is the Las Chispas silver-gold mine in Sonora, Mexico, which generates revenue through silver sales (approximately 60%) and gold sales (approximately 40%) to global precious metals markets including industrial users, investors, and financial institutions. The company, founded in 2015 and headquartered in Vancouver, British Columbia, Canada, employs underground mining and processing techniques at Las Chispas to deliver low production costs and high recovery rates while pursuing initiatives to expand mineral resources and reserves in the Americas. In February 2025, Coeur Mining completed its acquisition of SilverCrest for approximately $1.7 billion in equity value, following court and Mexican anti-trust approvals, integrating Las Chispas into Coeur's portfolio of five wholly-owned operations across North America and enhancing its position as a leading global silver producer with significant free cash flow potential.