TSX: FVI CA $5.12    NYSE: FSM US $4.57
  

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

Sustainable growth in silver and gold production in Peru and Mexico

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

Financially stable and profitable

  • US$72.3 million in cash (end 3Q14)
  • 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

  • Focus on operational efficiencies to reduce cash costs
  • Conducting engineering studies to assess economic robustness of a potential expansion of the San Jose Mine to 3,000 tpd
  • San Jose Mine expanded from 1,800 to 2,000 tpd in April 2014
  • San Jose Mine expanded from 1,150 to 1,800 tpd in September 2013

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

  • Aggressively defining resource potential

Pursue M&A opportunities

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