Fortuna Silver Mines reports 2017 production of 11.9 million silver equivalent ounces and issues guidance for 2018

News _ Fortuna Silver Mines Inc

Vancouver, January 17, 2018Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI)is pleased to announce 2017 production figures from its two underground operating silver mines, the San Jose Mine in Mexico and the Caylloma Mine in Peru.  The company produced 8.5 million ounces of silver and 56.4 thousand ounces of gold or 11.9 million AgEq1 ounces.

2017 Consolidated Production Highlights

  • Silver and gold production were 4 % and 8 % respectively above 2017 guidance
  • Silver production of 8,469,593 ounces; 15 % increase over 2016
  • Gold production of 56,441 ounces; 21 % increase over 2016
  • Zinc production of  44,347,035 pounds; 3 % increase over 2016
  • Lead production of 29,877,890 pounds;  9 % decrease over 2016

Note: 1. Silver equivalent is calculated using silver to gold ratio of 60 to 1

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