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Vancouver, November 7, 2016– Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) today reported revenue of $65.2 million, net cash provided by operating activities of $28.5 million, and net income of $11.8 million in the third quarter of 2016. Jorge A. Ganoza, President and CEO, commented, “Our strong results for the reporting period reflect the positive impact of our first quarter at the expanded processing capacity of 3,000 tpd at the San Jose Mine, higher silver and gold prices, and excellent cost execution at both operations. Our business generated a robust cash flow from operations of $28.5 million.” Mr. Ganoza continued, “At our newly acquired Lindero Gold Project in Argentina, we continue advancing with the optimization of the process design which we plan to conclude in the second quarter of 2017.”