Production Results From San Jose And Caylloma Mine

VANCOUVER, BC - Fortuna Silver Mines Inc. reported production results for the first quarter of 2019 from its two operating mines in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru.  The Company produced 2.2 million ounces of silver and 13,314 ounces of gold, plus base metal by-products.  Fortuna is on schedule to produce between 8.2 - 9.0 million ounces of silver and between 49 - 54 thousand ounces of gold or between 11.7 - 12.9 million ounces Ag Eq in 2019, in accordance with our annual production guidance.

The San Jose Mine produced 1,999,495 ounces of silver and 12,741 ounces of gold in the first quarter of 2019, 3 percent above budget and 4 percent below budget respectively. Average head grades for silver and gold were 267 g/t and 1.71 g/t, 5 percent above budget and 1 percent below budget respectively.  

The Caylloma Mine produced 233,836 ounces of silver in the first quarter of 2019, 1 percent above budget.  Average head grade for silver was 66 g/t, 2 percent above budget. Lead and zinc production for the first quarter of 2019 was 7,172,202 pounds and 11,295,244 pounds, 2 percent below budget and 9 percent above budget respectively.  Average head grades for lead and zinc were 2.74 % and 4.37 %, 1 percent below budget and 11 percent above budget respectively.

The company’s address is Suite 650, 200 Burrard Street, Vancouver, BC V6C 3L6, (604) 484.4085, www.fortunasilver.com.