Announces First Drill Hole Results From Las Chispas; Multiple Drill Intercepts of Greater Than 2,000 gpt AgEq*

VANCOUVER, BC – August 02, 2016 - SilverCrest Metals Inc. (TSXV: $SIL.V)(“SilverCrest” or the “Company”) is pleased to announce the first drill hole results at its Las Chispas Project (“Las Chispas”) located in Sonora State, Mexico. Las Chispas is in a historic silver-gold mining district which presently hosts two nearby precious metal producers. Historic information indicates that only three veins, the Las Chispas, William Tell and Babicanora, of the fourteen historically reported veins at Las Chispas had documented production, between 1880 and 1930. SilverCrest’s initial focus is on these three veins. To the Company’s knowledge, none of the known veins have been drilled prior to the Company's current campaign. For more information, please refer to our website at www.silvercrestmetals.com. 

Awarded US Patent on the UN-Password™

MELBOURNE, Florida - August 2, 2016 NXT-ID, Inc. (NASDAQ:NXTD) (NXTDW) ("NXT-ID" or the "Company"), a company focused on the growing mobile commerce market announces the issuance of patent number 9407619 by the USPTO for risk aware end to end multi-factor authentication.

Gino Pereira, Chief Executive Officer of the Company, said "This is a significant patent for our Company strengthening our core technology in secure information exchange. We intend to implement this authentication and security capability with the WorldVentures smart card, as well as other non-smart card related product ventures under development."

This invention relates to a method and system for authentication and securing data exchanged between two devices without sharing keys or other information that could be hacked. A first device needs to authenticate a second device, before exchanging any information with the second device. In this case the first and second devices can be a mobile phone, a smart card, a computer operating over the internet, a server or a software application not resident on the computer.

The S&P 500 continues to be stuck in a range. This 1% range on the market has lasted now for 13 days. Friday and today the S&P has peaked above the range briefly, only to be sold into. So what does this tell us about the stock market?

1. Oil has been crushed 13% in the last 13 days. The markets holding up is a tribute to the great earnings recently from AAPL, FB, GOOGL and AMZN. But without those great news stories, what is the catalyst to fight off a continued drop in oil?

Every evening I scan hundreds of charts. I believe all good investors and traders do the same. The more you see, the more likely it is you find something worth keeping on your watch list for the next day or so. Tonight I found Home Depot. The stock is into a trend line that connects from the highs of 2015 to the high in May 2016 to its current level. Obviously, this is some resistance on the chart. Earnings are August 16th, 2016, before the stock market opens. I will be watching this closely to see if there is a shorting opportunity in the next day or two.