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Fortuna Silver Mines Inc. is one of the fastest-growing silver producers in Latin America, with two 100%-owned underground mines in Peru and Mexico. In 2014, the company expects to produce 6 Moz silver and 32.3 Koz gold at an estimated consolidated all‐in sustaining cash cost of US$17.14/oz Ag, net of byproducts gold, lead and zinc. Fortuna has followed a disciplined growth strategy since its formation in 2005 and has earned a reputation as an efficient mine builder and strong operator. The company has a strong balance sheet, no debt and an untapped US$40M credit facility.