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With Caylloma in operation and San Jose approaching feasibility studies, Fortuna Silver has laid a foundation for rapid growth. New acquisitions in Latin America are also under investigation. Long mining histories and pro-mining governments make Peru and Mexico ideal locations for investment. Peru  The world's leading supplier of silver (102 million oz. in 2005) and seventh-largest supplier of gold, Peru boasts a long and celebrated mining history. Mining remains a principal industry today and makes up roughly 6.5% of the country's $76 billion GDP. Peru is also Latin America's largest producer of gold, zinc, tin and lead, and it is the region's second-largest producer of copper. The country's constitutional republic government is seen as increasingly pro-mining, evidenced by its privatization of key mining assets and rapidly increasing foreign mineral investment. Recent world-class discoveries and mines include Yanacocha, Pierina and Alto Chicama (gold) and Antamina (copper-zinc). Some useful links for understanding mining and investment in Peru:
www.economist.com/countries/Peru www.cia.gov/library/publications/the-world-factbook/geos/pe.html  Mexico is the world's second largest silver producer (92.3 million oz. in 2005). The country is growing increasingly attractive for mining and exploration, not only because of its political and financial stability, but also because the Mexican Geological Survey continues to improve the country's geological knowledge base and accessibility to it. In addition, updated mining regulations have completely opened the mining sector to foreign and domestic investment. Mexico's free market economy continues to boom in the free trade environment, with its GDP estimated to surpass the trillion-dollar mark in 2006 - nearly on par with Canada and ranking 15th amongst world GDP's. Useful links for understanding mining and investment in Mexico:
www.economist.com/countries/mexico/ www.cia.gov/library/publications/the-world-factbook/geos/mx.html
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