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Fortuna Silver Mines Inc.

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Summary

Project:

San Jose Mine

Deposit:San Jose Mine
Location:Mexico
Commodities:Silver-Gold
Date:3/26/2020
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:26-3-2020: Fortuna Silver Mines Inc. announces a Resource Estimation report for its San Jose Mine deposit at the San Jose Mine project. Updated mineral resource and ore reserve estimate at the project. Vancouver, March 26, 2020-- Fortuna Silver Mines, Inc
Resources:(Reserves, P+P): 3.9Mt @ 243g/t Ag, 1.61g/t Au
CP/QP:[Resources]: Eric Chapman (Internal)
ABSTRACT:Vancouver, March 26, 2020-- Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI) is pleased to report updated Mineral Reserve and Mineral Resource estimates as of December 31, 2019 for the Caylloma Mine located in Peru and the San Jose Mine located in Mexico and reiterates the Mineral Reserve and Mineral Resource estimate as of March 31, 2019 for the Lindero Project located in Argentina. Jorge A. Ganoza, President and CEO, commented: “Our infill drill program at Caylloma was successful at replenishing the majority of Mineral Reserves mined in 2019 with higher grade mineralized material.” Mr. Ganoza continued, “At San Jose, upgrading through infill drilling proved more challenging, as mining is transitioning from the central Stockwork zone to the Trinidad North area where mineralization tends to be narrower and more variable in nature. As the mineralization style changes, the operation is implementing various initiatives, such as pillar recovery and narrow vein mining methods, to optimize mineral extraction.”

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