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  Q  Is Fortuna going to build a mine at its San Jose Project?
  A  Yes.

On April 26, 2010, the results of a positive pre-feasibility study (PFS) were released for the San Jose Ag-Au Project which set the basis of construction of the Company's second mine, a 1,500 tpd underground silver-gold mine. The PFS indicates an after-tax internal rate of return of 18% and an NPV of US$ 36 million at a discount rate of 8%. Fortuna has all the necessary federal, state and local permits to build the San Jose silver-gold Mine.
 
 

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