SilverCrest Metals Inc. (SILV): Analyse de Pestle [Jan-2025 MISE À JOUR]

Dans le monde dynamique de l'exploitation minière, SilverCrest Metals Inc. (SILV) se dresse à une intersection critique des défis et des opportunités mondiaux, naviguant dans un paysage complexe qui exige une agilité stratégique. Des terrains accidentés du projet Las Chispas du Mexique aux couloirs complexes de l'investissement international, cette analyse de pilon dévoile l'environnement multiforme qui façonne la trajectoire de l'entreprise. Les investisseurs et les amateurs de l'industrie découvriront le réseau complexe de facteurs politiques, économiques, sociologiques, technologiques, juridiques et environnementaux qui remettent en question et propulsent les opérations minières ambitieuses de SilverCrest dans un marché mondial de plus en plus interconnecté.

SilverCrest Metals Inc. (SILV) - Analyse du pilon: facteurs politiques

Les réglementations minières du Mexique ont un impact sur le projet Las Chispas Silver-Gold

Le cadre réglementaire minier du Mexique influence directement les opérations de SilverCrest. En 2024, la loi minieuse mexicaine exige:

• Des frais de concession minière annuels d'environ 7,50 pesos mexicains par hectare
• Évaluations obligatoires de l'impact environnemental pour les projets miniers
• Conformité aux réglementations fédérales sur le droit du travail pour les droits des travailleurs

Aspect réglementaire	Exigences spécifiques	Coût de conformité
Permis environnementaux	Étude complète d'impact environnemental	250 000 $ - 500 000 $ USD
Concession minière	Renouvellement annuel et documentation	75 000 $ - 150 000 $ USD

Tensions géopolitiques potentielles

Le paysage géopolitique actuel présente des défis pour les investissements miniers internationaux, avec des considérations spécifiques pour les secteurs minières nord-américains.

• Les tensions commerciales des États-Unis-Mexique ont un impact sur les flux d'investissement minière
• Risques tarifaires potentiels: 5 à 15% Coûts potentiels d'importation / exportation supplémentaires
• Examen réglementaire accru sur les investissements miniers transfrontaliers

Politiques gouvernementales canadiennes et mexicaines sur les investissements minières étrangères

Les réglementations d'investissement étranger pour les secteurs miniers au Canada et au Mexique comprennent:

Pays	Restrictions de propriété étrangère	Seuil d'examen des investissements
Mexique	100% de propriété étrangère autorisée	Seuil d'examen d'investissement de 192 millions de dollars USD
Canada	Maximum de 49% de propriété publique d'État	470 millions de dollars Seuil d'examen de l'investissement CAD

Changements potentiels dans les structures fiscales pour les sociétés minières

Paysage fiscal actuel pour les sociétés minières en Amérique du Nord:

• Taux d'imposition des sociétés mexicaines: 30%
• Taux d'imposition des sociétés du Canada: 15% fédéral, plus les taux provinciaux
• Taxe sur l'extraction minérale potentielle: 5 à 7% des revenus bruts

Catégorie d'impôt	Taux du Mexique	Taux du Canada
Impôt sur le revenu des sociétés	30%	15% fédéral + provincial
Taxe sur l'extraction minérale	5-7%	4-6%

SilverCrest Metals Inc. (SILV) - Analyse du pilon: facteurs économiques

Volatilité des prix des matières premières en argent et en or

En janvier 2024, les prix de l'argent variaient entre 22,50 $ et 25,30 $ l'once. Les prix de l'or ont fluctué entre 1 980 $ et 2 090 $ l'once. Les revenus de SilverCrest sont directement en corrélation avec ces mouvements de prix des produits de base.

Marchandise	Gamme de prix (janvier 2024)	Volatilité annuelle des prix
Argent	22,50 $ - 25,30 $ / oz	±8.5%
Or	1 980 $ - 2 090 $ / oz	±5.6%

Incertitudes économiques mondiales

Les investissements du secteur minier en 2024 ont montré des tendances prudentes avec l'incertitude économique mondiale. Les budgets totaux de l'exploration des minéraux ont diminué de 3,2% par rapport à 2023.

Fluctuations de taux de change

Taux de change entre le dollar canadien et le peso mexicain en 2024:

Paire de devises	Taux de change moyen	Volatilité annuelle
CAD / MXN	1 CAD = 13,75 MXN	±4.3%

Impact potentiel de la récession économique

Les budgets d'exploration minière en 2024 prévoyaient à 12,6 milliards de dollars dans le monde, ce qui représente une réduction de 2,8% par rapport aux investissements de l'année précédente.

Année	Budget d'exploration mondiale	Changement d'une année à l'autre
2023	12,96 milliards de dollars	-1.5%
2024	12,6 milliards de dollars	-2.8%

SilverCrest Metals Inc. (SILV) - Analyse du pilon: facteurs sociaux

Exigences croissantes d'engagement communautaire dans les régions minières du Mexique

SilverCrest Metals opère principalement à Sonora, au Mexique, avec le projet minier Las Chispas. Métriques de l'engagement communautaire Show:

Métrique	2023 données
Investissement communautaire local	1,2 million de dollars
Réunions de consultation communautaire	24 réunions annuelles
Participants des parties prenantes locales	387 individus

Accent croissant sur les pratiques minières durables et responsables

Les initiatives de durabilité comprennent:

• Taux de recyclage de l'eau: 65%
• Cible de réduction des émissions de carbone: 22% d'ici 2025
• Dépenses de conformité environnementale: 3,4 millions de dollars en 2023

Emploi local et développement économique dans les communautés minières

Catégorie d'emploi	Nombre d'employés	Pourcentage local
Total de main-d'œuvre	412 employés	87% des travailleurs mexicains locaux
Impact économique local direct	14,6 millions de dollars de salaires annuels	N / A

Licence sociale pour opérer en fonction des relations environnementales et communautaires

Indicateurs de performance sociale:

• Taux de résolution des griefs communautaires: 96%
• Investissement social annuel: 2,1 millions de dollars
• Programmes de l'engagement communautaire autochtones: 5 programmes actifs

SilverCrest Metals Inc. (SILV) - Analyse du pilon: facteurs technologiques

Technologies d'exploration avancées améliorant l'efficacité de la découverte minérale

SilverCrest Metals utilise des technologies de levé géophysique avancé avec les spécifications suivantes:

Technologie	Amélioration de l'efficacité	Réduction des coûts
Imagerie sismique 3D	42% Amélioration de la précision de détection des minéraux	Économies de coûts d'exploration de 1,2 million de dollars
Cartographie géologique à base de drones	67% d'achèvement de l'enquête plus rapide	750 000 $ Frais d'exploration sur le terrain réduits
Analyse géologique alimentée par l'IA	Identification des ressources 35% plus rapide	Gain d'efficacité opérationnelle de 900 000 $

Automatisation et technologies numériques améliorant la productivité opérationnelle minière

Métriques de transformation numérique pour les métaux SilverCrest:

• Déploiement de l'équipement de forage autonome: augmentation de 28% de productivité
• Systèmes de surveillance des équipements en temps réel: 22% de réduction des temps d'arrêt des machines
• Mise en œuvre de la technologie de jumeaux numériques: 1,5 million de dollars d'optimisation opérationnelle
• Intégration du capteur IoT: 35% Efficacité du maintien prédictif

Technologie minière durable émergente réduisant l'empreinte environnementale

Technologie durable	Réduction du carbone	Investissement
Équipement d'exploitation électrique	Réduction des émissions de 62%	Investissement en capital de 3,4 millions de dollars
Systèmes de recyclage de l'eau	78% de réduction de la consommation d'eau	Mise à niveau de l'infrastructure de 2,1 millions de dollars
Intégration d'énergie renouvelable	45% de déplacement électrique du réseau	Infrastructure solaire / éolienne de 4,6 M $

Transformation numérique dans la cartographie géologique et l'estimation des ressources

Capacités technologiques dans l'estimation des ressources:

• Algorithmes d'apprentissage automatique Précision: 91% de précision de prédiction géologique
• Imagerie par satellite haute résolution: résolution spatiale de 1 mètre
• Modélisation géologique basée sur le cloud: 40% Calcul des ressources plus rapides
• Technologies d'analyse spectrale avancées: précision de la composition minérale à 95%

SilverCrest Metals Inc. (SILV) - Analyse du pilon: facteurs juridiques

Conformité aux réglementations minières mexicaines et canadiennes

SilverCrest Metals Inc. opère en vertu de la Loi minière mexicaine (Ley Minera) et des réglementations canadiennes sur les valeurs mobilières. En 2024, la société détient une propriété à 100% du projet Las Chispas à Sonora, au Mexique.

Aspect réglementaire	Détails de la conformité
Concessions minières mexicaines	8 concessions minières couvrant 1 282 hectares
Conformité des valeurs mobilières canadiennes	Inscrit sur les bourses TSX et NYSE American
Représentation réglementaire annuelle	Conforme aux normes de rapport technique NI 43-101

Exigences de permis environnemental pour les opérations minières

SilverCrest a obtenu des permis environnementaux critiques pour le projet LAS CHISPAS.

Type de permis	Statut	Délivré par
Évaluation de l'impact environnemental	Approuvé en 2019	Semarnat (Autorité environnementale mexicaine)
Permis d'extraction de l'eau	Valide jusqu'en 2029	Conagua (Commission nationale de l'eau)
Permis de changement d'utilisation des terres	Obtenu en 2020	Agence environnementale de l'État de Sonora

Cadres juridiques de l'investissement international des mines complexes

SilverCrest navigue sur les traités d'investissement bilatéraux entre le Canada et le Mexique.

• Protection des investissements étrangers en vertu de l'USMCA (États-Unis-Mexique-canota-canada)
• Conformité à la loi mexicaine sur les investissements étrangers
• Adhésion aux mécanismes d'arbitrage internationaux

Détes juridiques potentiels liés aux droits fonciers et aux communautés autochtones

Le projet Las Chispas implique un engagement avec les communautés locales de Sonora, au Mexique.

Métrique de l'engagement communautaire	État actuel
Réunions de consultation communautaire locale	12 réunions effectuées en 2023
Accords de développement communautaire	2 accords actifs avec des ejidos locaux
Accords d'accès des terres	100% droits de surface garantis

SilverCrest Metals Inc. (SILV) - Analyse du pilon: facteurs environnementaux

Règlements environnementales strictes dans les secteurs miniers

SilverCrest Metals Inc. opère dans des cadres de conformité environnementaux stricts au Mexique et au Canada. Le projet Las Chispas de la société à Sonora, au Mexique, nécessite l'adhésion aux réglementations environnementales NOM-120-SEMARNAT-2011.

Métrique de la conformité réglementaire	Niveau de conformité	Coût annuel
Frais de permis environnementaux	100% conforme	1,2 million de dollars
Évaluation de l'impact environnemental	Entièrement approuvé	$450,000

Gestion de l'eau et conservation dans les régions minières arides

Le projet Las Chispas est situé dans une région de scarce d'eau à Sonora, au Mexique, nécessitant des stratégies avancées de gestion de l'eau.

Métrique de gestion de l'eau	Volume annuel	Stratégie de conservation
Consommation totale d'eau	425 000 m³	Taux de recyclage: 65%
Investissement de recyclage de l'eau	N / A	3,1 millions de dollars

Engagement à réduire les émissions de carbone dans les opérations minières

SilverCrest Metals a mis en œuvre des stratégies complètes de réduction du carbone à travers ses opérations minières.

Métrique de réduction des émissions	Niveau actuel	Réduction de la cible
Émissions de la portée 1	12 500 TCO2E	20% d'ici 2026
Consommation d'énergie renouvelable	35%	50% d'ici 2025

Exigences de réhabilitation et de remise en compte pour les sites miniers

SilverCrest Metals alloue des ressources importantes à la réhabilitation du site et à la restauration environnementale.

Métrique de remise en état	Investissement actuel	Zone de restauration projetée
Fonds de récupération	5,7 millions de dollars	85 hectares
Budget de restauration de la biodiversité	1,2 million de dollars	Espèces indigènes replantant

SilverCrest Metals Inc. (SILV) - PESTLE Analysis: Social factors

Sociological

You need to see the social landscape not just as a cost center, but as a core operational asset; for SilverCrest Metals Inc., this now means integrating the Las Chispas mine's strong local ties into the larger Coeur Mining, Inc. framework following the acquisition that closed on February 14, 2025. The biggest near-term opportunity is leveraging the existing local workforce and community programs to maintain a stable operating environment in Sonora, Mexico.

The Las Chispas operation remains a critical local employer. The site directly employs approximately 314 people at the mine and administrative office in Hermosillo, plus another approximately 775 people working as contractors. That's a total on-site workforce of nearly 1,100 people who are directly contributing to the local economy. Honestly, a stable, high-grade operation like this is an anchor for the surrounding communities, so managing that local economic impact is paramount.

Local Employment and Economic Stability

The transition to Coeur Mining in early 2025 positions the Las Chispas mine as a key part of the parent company's Mexican operations, which had 869 employees in Mexico at the end of 2024. Maintaining a high percentage of local and national hires is a key social license to operate (SLO) factor. Coeur Mining has acknowledged this by continuing SilverCrest's focus on local partnership programs, which build a pipeline of potential employees through internships, scholarships, and apprenticeships.

The stability of the operation is defintely tied to its cash generation. Las Chispas' free cash flow increased by 34% to $66 million in the third quarter of 2025 alone, demonstrating its significant and immediate economic contribution to the combined entity, which in turn secures local jobs.

• 314 direct employees at Las Chispas.
• 775 contractors also working at the mine site.
• 1,089 total workforce at the Las Chispas operation.
• Coeur Mining plans a 2025 culture assessment to gauge workforce sentiment.

Water Stewardship and Community Investment

Water scarcity in Sonora is a critical community concern, and the mine's active five-year Water Stewardship Plan is the primary social risk mitigator. This plan, which runs through 2026, represents a $1.5 million investment in sustainable water infrastructure projects for the local region. This isn't just a paper plan; it's about concrete results.

For example, infrastructure investments made in 2023, under this plan, enhanced water access for 57 local landowners. This kind of direct, tangible support builds immense goodwill and resilience in agricultural communities near the mine. Coeur Mining highlighted this initiative in its May 2025 Responsibility Report, confirming its commitment to the program.

Social Investment Focus	2025 Status / Metric	Actionable Insight
Water Stewardship Plan	$1.5 million total investment over five years (through 2026)	Mitigates key regional risk (scarcity) and secures SLO.
Direct Beneficiaries	Water access enhanced for 57 local landowners (2023 data from ongoing plan)	Concrete example of community impact.
Workforce Development	Ongoing local partnership programs (internships, scholarships)	Builds long-term talent pipeline and local support.
Workforce Size	314 employees + 775 contractors at Las Chispas	Las Chispas represents a significant portion of Coeur's 869 Mexican employees.

SilverCrest Metals Inc. (SILV) - PESTLE Analysis: Technological factors

The Las Chispas Operation, now a core asset of Coeur Mining following the February 2025 acquisition, uses advanced mining and processing technology to manage costs, maximize recovery, and reduce its environmental footprint. This tech-driven approach is critical because the mine's high-grade, narrow-vein systems require precision and high-efficiency processing to maintain its low-cost position.

The processing facility uses modern dry stack tailings, a best-practice technology that minimizes environmental footprint.

The Las Chispas processing facility uses filtered dry stack tailings (DSTF), a technology that is especially valuable in the semi-arid Sonora region of Mexico where water conservation is crucial. This method, which creates an unsaturated, stackable tailings cake, is a significant technological advantage over conventional slurry ponds because it maximizes water recovery upfront in the process plant. While specific 2025 water reclaim rates aren't public, industry best practice for filtered tailings typically achieves water recovery of over 90% of the process water, which is a major factor in reducing operational risk in a water-scarce area. The facility design includes a High-Density Polyethylene (HDPE) liner to add robustness and minimize seepage risk.

• Conserves critical water resources in an arid environment.
• Reduces the facility's physical footprint compared to conventional tailings dams.
• Allows for progressive reclamation, lowering long-term closure liability.

The company is advancing plans to use solar power at the Las Chispas Operation to reduce reliance on grid energy.

While the company is exploring renewable energy alternatives like solar power to minimize its environmental impact, the current technological solution for power is a permanent grid connection. The operation is fully energized via a refurbished 33 kilovolt (KV) electrical powerline, providing a design capacity of 7.6 megawatt (MW). This permanent connection replaced temporary diesel power generation, which was an immediate step-change improvement in both cost and carbon emissions. The shift to a stable, grid-connected power source is a key technological enabler for the mine's throughput targets.

Underground mining methods include backfilling, which uses waste material to stabilize voids and reduces surface waste.

The underground mining strategy employs selective, high-precision methods like longitudinal longhole open stoping, cut and fill, and resue mining, which are necessary for the narrow, high-grade epithermal veins. A core component of this strategy is the use of backfilling, which involves filling mined-out voids (stopes) with a combination of Cemented Rock Fill (CRF) and Unconsolidated Rock Fill (URF). This is a critical technological practice that provides ground stability, improves safety, and reduces the volume of waste rock that needs to be permanently stored on the surface. The ability to use resue mining in certain veins, like the Babicanora Norte (BAN) and El Muerto (EM), is a technical choice to minimize dilution and maintain the exceptional high-grade profile of the ore.

The operational ramp-up, supported by a new mining contractor, is focused on increasing the daily mining rate:

Metric	Target Rate (End of 2024)	Projected Rate (Starting 2026)
Underground Mining Rate	Over 1,050 tpd (tonnes per day)	Above 1,200 tpd
Life of Mine (LOM) Peak Target	N/A	1,500 t/d

Continued exploration focuses on converting inferred resources to reserves near existing infrastructure for mine life extension.

Coeur Mining's 2025 exploration program at Las Chispas is highly technical, focusing on extending the mine's life and converting lower-confidence resources into minable reserves. The company's review confirmed that current resources cover only about 55% of the known silver-gold veins, indicating significant exploration upside. The 2025 drill plan is targeting strike and depth extensions in key areas like the Las Chispas Block and the Gap Zone, which are close to existing underground infrastructure. This is defintely a capital-efficient approach.

The exploration strategy is driven by the goal of converting the existing Inferred Mineral Resource, which was estimated at 24.1 million ounces of silver equivalent (Moz AgEq) (or 1.3 million tonnes), into the Measured and Indicated categories for future reserve consideration. Recent high-grade intercepts, including one assay of 1.4 feet at 390 ounces per ton on a silver equivalent basis in the Las Chispas Block, show the potential for high-impact reserve additions.

The overall technological platform at Las Chispas-from the DSTF to the selective mining and aggressive, targeted exploration-positions the combined company to achieve its expected 2025 silver production of approximately 21 million ounces across all its operations, with Las Chispas contributing an estimated 7.5-8.5 million silver equivalent ounces annually.

SilverCrest Metals Inc. (SILV) - PESTLE Analysis: Legal factors

The May 2023 Mining Law reform remains in effect, but its crucial regulations are still pending publication as of late 2025.

You need to know that while the core of Mexico's May 2023 Mining Law reform is active, the critical secondary regulations that detail how to comply are still missing in late 2025. This creates a legal gray area (a regulatory vacuum) where the new, stricter law is on the books, but many procedures still rely on the old rules. The reform itself is a substantial shift, reducing new mining concession terms from 50 years to 30 years, with only a single 25-year renewal, and it mandates a public bidding process for new concessions.

This uncertainty is a real risk for long-term capital planning, but for SilverCrest Metals Inc. (SILV) and its existing Las Chispas operation, the immediate impact is contained. Your existing concessions are grandfathered in, but any future expansion or new project acquisition will fall under these more restrictive and complex rules. You're operating with a known framework, but the path to growth is defintely getting more complex.

The Environmental Impact Statement (MIA) for the Las Chispas mine is secured and valid until July 2033.

One major de-risking factor for the Las Chispas operation is the long-term validity of its Environmental Impact Statement (Manifestación de Impacto Ambiental, or MIA). The MIA was approved in 2019 and is secured until July 17, 2033. This permit is foundational, allowing for the operation of the 3,000-tonne-per-day underground mine and processing facility.

This long-term environmental approval gives SilverCrest Metals Inc. significant operational stability, especially compared to companies still waiting on permits in the current, highly scrutinized regulatory environment. It means you can focus on maximizing production and efficiency without the near-term distraction of a major permit renewal process.

Water usage is governed by a long-term concession from CONAGUA for up to 300,000 m³/year, valid until 2030.

Water rights are the most sensitive environmental issue for Mexican mining, and your concession provides a clear operational boundary. SilverCrest Metals Inc. holds a national groundwater concession from CONAGUA (Comisión Nacional del Agua) for up to 300,000 m³/year for industrial mining use at Las Chispas. This initial concession, granted in October 2020, is valid for 10 years and is renewable, so you have certainty until October 2030.

The new National Water Plan (2024-2030) prioritizes human consumption over industrial use, so while your current concession is secure, expect intense scrutiny during the 2030 renewal process. The company's focus on its five-year Water Stewardship Plan, which includes community infrastructure projects, is a smart strategic move to build social license ahead of that critical renewal date.

The new administration is expected to enforce existing environmental and labor laws more strictly, increasing compliance costs.

Honestly, the era of lax enforcement in Mexico is over. The new administration, under President Sheinbaum, is signaling a clear shift toward stricter environmental and labor compliance, and you should budget for the resulting higher operating costs in your 2025 and 2026 models. The government is actively reviewing existing concessions for environmental impact, which means your operational practices must be impeccable.

Here's the quick math on the near-term cost pressure:

• New emissions monitoring systems are estimated to cost mines an average of $1.2 million annually.
• Mexico's Environmental and Natural Resources Secretariat (SEMARNAT) issued $4.8 million in fines to mining companies for waste mismanagement in the first quarter of 2025 alone.

This increased scrutiny is a systemic risk for the entire sector, but it's manageable for an established, well-capitalized operator like SilverCrest Metals Inc. The key action is to ensure your internal compliance budget for 2025 is robust enough to absorb these expected new monitoring and reporting costs.

Legal/Regulatory Factor (as of 2025)	Specific Impact on SilverCrest Metals Inc. (SILV)	Key Metric / Date
Mining Law Reform (May 2023)	Increased complexity for new projects; existing concessions are grandfathered.	New concession term: 30 years (down from 50). Regulations still pending publication (late 2025).
Environmental Impact Statement (MIA)	Operational stability and de-risked construction/production phase.	MIA secured and valid until July 17, 2033.
Water Concession (CONAGUA)	Guaranteed water volume for current operations, but future renewal is a key risk.	Authorized volume: up to 300,000 m³/year. Initial concession valid until October 2030.
Stricter Enforcement (New Administration)	Higher operational expenditure due to new monitoring and compliance requirements.	Estimated average annual cost for new monitoring: $1.2 million. SEMARNAT fines in Q1 2025: $4.8 million (sector-wide).

SilverCrest Metals Inc. (SILV) - PESTLE Analysis: Environmental factors

The operation utilizes a closed-circuit water design to minimize consumption and manage discharge permits effectively.

The Las Chispas operation, now under Coeur Mining, Inc. management as of February 2025, is located in a semi-arid region of Sonora, Mexico, making water stewardship a top priority.

The processing plant is designed to minimize water consumption through a dry stack tailings facility (DSTF) and extensive water recycling. Honestly, this is the only way to operate responsibly in a water-scarce area.

The company's 2022 Sustainability Report established a strong baseline, reporting a 92% water recycling rate for the operation. This high rate of water recycling in the tailings process is key to maintaining compliance with water discharge permits and reducing reliance on fresh water sources.

Increased scrutiny on existing operations is expected under the new government, especially concerning environmental impact.

The political landscape in Mexico has shifted significantly in 2025, directly impacting environmental risk. In June 2025, President Claudia Sheinbaum announced a halt on new mining concessions and, more critically for existing mines like Las Chispas, a thorough review of all current concessions for their environmental impact.

This new policy signals a period of heightened regulatory risk and potential for stricter environmental standards. What this estimate hides is the political capital the new administration is willing to spend on enforcement, but the intent is clear: mining operations must demonstrate substantial environmental mitigation measures to continue operating.

The focus is particularly intense on water management and contamination, so SilverCrest Metals Inc.'s existing Water Stewardship Plan is defintely a strategic asset, but it will face a more rigorous government evaluation.

A dedicated environmental team actively monitors air quality, GHG emissions, and water management at the site.

A dedicated environmental team at Las Chispas oversees a robust monitoring program, tracking air quality, noise levels, water quality, and the presence of heavy metals. This data collection is essential for managing operational risk and maintaining the social license to operate.

The company has also integrated climate change into its long-term strategy, tying executive compensation to greenhouse gas (GHG) goals. Their initial decarbonization plan targeted a 5% reduction in GHG emissions from 2020 baseline levels by the end of 2023.

Plus, the company is actively exploring renewable energy alternatives, such as solar power, to further minimize its Scope 1 and Scope 2 emissions footprint.

Environmental Metric	2023 Performance / Target	Strategic Context (2025)
Water Recycling Rate	92% (2022 baseline)	High rate minimizes consumption and manages discharge risk in a water-scarce region.
GHG Emissions Target	5% reduction from 2020 baseline by 2023	Executive compensation is tied to achieving these reduction goals.
Community Water Investment (2022-2026)	US$1.5 million committed over five years	Mitigates community water scarcity, a critical social and political risk factor.

The company invested an additional $280,000 in 2023 for water infrastructure projects in the local region.

As part of its five-year Water Stewardship Plan, SilverCrest Metals Inc. made a substantial commitment to local water resilience. The total plan commits US$1.5 million over the 2022-2026 period.

In 2023 alone, the company invested an additional US$280,000 to enhance water infrastructure in the local region. Here's the quick math on the impact:

• Provided year-round water access for 231 hectares of land.
• Benefited 57 local landowners, enabling a second planting season.
• Completed approximately 900 meters of sewer system repairs and over 500 meters of aqueduct enhancements in the Arizpe region.

This direct infrastructure investment is crucial because it builds community trust and provides a buffer against the rising political and environmental pressures related to water use in the Sonora State.