TSX: FVI CA $4.29    NYSE: FSM US $3.93
  

Proven mine builders and operators

  • Disciplined growth strategy and low cash-operating costs
  • Caylloma Mine restarted on schedule and on budget in Q4 2006
  • San Jose Mine completed on schedule and on budget in 2011

Sustainable growth in silver and gold production in Peru and Mexico

  • 2011 production: 2.5 million ounces of silver and 7,000 ounces of gold, plus base metal by-products
  • 2012 production: 4.0 million ounces of silver and 20,699 ounces of gold, plus base metal by-products
  • 2013 production: 4.6 million ounces of silver and 21,242 ounces of gold, plus base metal by-products
  • 2014 production forecast: 6 million ounces of silver and 32,300 ounces of gold, plus base metal by-products

Financially stable and profitable

  • US$42 million in cash (end of Q3 2013)
  • No long-term debt
  • US$40 million untapped revolving credit facility

Fueling Growth

The company's strategy is to grow organically by exploring and developing our commanding land packages in Peru and Mexico. Fortuna plans to supplement this growth by selectively pursuing the acquisition of post-discovery, pre-development opportunities in the Americas.

To execute this strategy, Fortuna will focus on the Americas and on high-margin operations. The objective is to achieve 14 million silver equivalent ounces in production by 2016; 7 million from current reserves and mine plans and 7 million from new reserves.

We are implementing our growth strategy with the following initiatives:

Maximize production, profitability and cash flow of operating mines

  • Commissioned San Jose Mine's mill expansion to 1,800 tpd in 3Q 2013, on-time and on-budget
  • San Jose Mine processing plant expansion to 2,000 tpd by the beginning of 2Q 2014
  • Conducting engineering studies at San Jose to assess a further expansion beyond 2,000 tpd
  • Focus on operational efficiencies to reduce cash costs

Capitalize on high-grade Trinidad North Ag-Au Discovery at the San Jose Mine, Mexico

  • Aggressively defining resource potential
  • Scheduled to source one-third of production by 1Q 2015

Pursue M&A opportunities

  • Evaluate post-discovery, pre-development stage opportunities in the Americas
  • Focus on precious metals
  • Strategic acquisitions