TSX: FVI CA $8.01    NYSE: FSM US $6.12

Sustainable growth in silver and gold production in Peru and Mexico

  • 2016 production: 7.4 Moz Ag and 46.6 koz Au
  • 2015 production: 6.6 Moz Ag and 39.7 koz Au
  • 2014 production: 6.6 Moz Ag and 35.3 koz Au
  • 2013 production: 4.6 Moz Ag and 21.2 koz Au
  • 2012 production: 4.0 Moz Ag and 20.7 koz Au

Financially stable and profitable

  • US$103.2 million in cash (end Q3 2016)
  • US$20 million untapped credit facility
  • US$40 million term loan due in 2019

Proven mine builders and operators

  • Disciplined growth strategy and low cash-operating costs
  • San Jose Mine construction on time and on budget; declared commercial production at 1,000 tpd in September 2011
  • Caylloma Mine restarted on time and on budget in October 2006

Fueling Growth

We are implementing our growth strategy with the following initiatives:

Maximize production, profitability and cash flow of operating mines

  • Focus on operational efficiencies to reduce cash costs
  • San Jose Mine expanded from 2,000 tpd to 3,000 tpd in July 2016
  • Increased mill throughput at the Caylloma Mine from 1,300 tpd to 1,430 tpd in March 2016

Brownfields exploration

  • Grow organically by exploring and developing our commanding land packages in Peru, Mexico and Argentina
  • Aggressively defining resource potential at the San Jose Mine, Mexico

Greenfields Exploration

  • Funding a Strategic Alliance with Medgold Resources Corp. (TSX.V: MED) in Serbia (see Medgold's news release dated January 9, 2017)
  • Option to nominate two Selected Properties over the course of 2017 to form joint ventures with Medgold
  • Exploration will center on high and low-sulfidation epithermal gold-silver mineralization in the western portion of the Tethyan orogenic system

Pursue M&A opportunities

  • In July 2016, acquired the Lindero gold Project located in Salta, Argentina
  • Focus on precious metals
  • Evaluate strategic acquisitions throughout the Americas and in select other areas