TSX: FVI CA $3.20    NYSE: FSM US $2.40

Sustainable growth in silver and gold production in Peru and Mexico

  • 2015 production guidance: 6.5 million ounces of silver and 35,300 ounces of gold
  • 2014 production: 6.6 million ounces of silver and 35,300 ounces of gold
  • 2013 production: 4.6 million ounces of silver and 21,242 ounces of gold
  • 2012 production: 4.0 million ounces of silver and 20,699 ounces of gold
  • 2011 production: 2.5 million ounces of silver and 7,000 ounces of gold

Financially stable and profitable

  • US$110.0 million in cash (end 3Q15)
  • US$20 million untapped credit facility

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

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 accretive acquisition opportunities in the Americas.

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

  • Focus on operational efficiencies to reduce cash costs
  • Expansion of the San Jose Mine from 2,000 to 3,000 tpd underway
  • Conducting engineering studies at the Caylloma Mine to assess plant optimization opportunities

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

  • Aggressively defining resource potential

Pursue M&A opportunities

  • Focus on precious metals
  • Strategic acquisitions