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Fortuna Silver Mines Inc.

Fortuna Silver Mines Inc. is a rapidly growing silver producer with two low-cost operating mines and land holdings of more than 95,600 hectares in Peru and Mexico. Established in 2005, with a mandate to acquire silver-rich exploration projects and producing mines in Latin America, Fortuna's management team has effectively implemented a disciplined growth strategy.
 
In 2012, silver and gold production increased for the sixth consecutive year, reaching 4.0 million ounces of silver and 20,699 ounces of gold at a consolidated average cash cost per ounce of silver of US$5.96, net of by-product credits. Drawing on mineral reserves containing approximately 38 million ounces of silver and 220,000 ounces of gold, Fortuna expects annual production rate to increase to an estimated 5.4 million ounces of silver and 31,600 ounces of gold, plus significant lead and zinc by-products, by 2014.
 
Fortuna is targeting growth in both reserves and production by leveraging its industry expertise in Latin America. Management is committed to operating profitability and maintaining industry best practices while striving for excellence in employee relations, community outreach and safeguarding of the environment.
 
Fortuna is financially stable and has no long-term debt or hedging programs. Shares of the company are listed on the New York Stock Exchange (FSM), Toronto Stock Exchange (FVI), Bolsa de Valores de Lima (FVI) and Frankfurt Stock Exchange (F4S.F).
 
Fortuna is headquartered in Vancouver, Canada and maintains management offices in Lima, Peru. The company employs over 2000 people in Canada, Peru and Mexico.


Contact Us

Suite 650, 200 Burrard Street
Vancouver, British Columbia
Canada V6C 3L6
T: +1.604.484.4085
F: 604.662.8829

Carlos Baca,
Investor Relations Manager
T: +51.1.616.6060, ext. 0
F: +51.1.422.9108
Email: info@fortunasilver.com