Fortuna announces resumption of production at the Caylloma Mine, Peru
Fortuna announces resumption of production at the Caylloma Mine, Peru
Vancouver, July 28, 2020-- Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI) is pleased to report that
production activities resumed at the Caylloma Mine located in the Province of Arequipa, Peru.
On July 6, 2020, the Company decided to voluntarily suspend operations for a period of approximately
two weeks at the Caylloma Mine . During this time, the Company has among other things, sanitized and
disinfected the mine site (refer to Fortuna news release dated July 6, 2020 ). The Company has in place
and is operating under detailed and stringent health and safety protocols to safeguard the health and
safety of our personnel and the local communities where we operate (refer to Fortuna news release dated
April 27, 2020).
Mining and ore processing o perations officially resumed at the Caylloma Mine on July 2 7, 2020 at
nameplate capacity of 1,430 tonnes per day.
About Fortuna Silver Mines Inc.
Fortuna is a growth oriented, precious metals producer focused on mining opportunities in Latin America.
Our primary assets are the Caylloma silver Mine in southern Peru, the San Jose silver-gold Mine in Mexico
and the Lindero gold Project, currently unde r construction, in Argentina. The Company is selectively
pursuing acquisition opportunities throughout the Americas and in select other areas. For more
information, please visit our website at www.fortunasilver.com.
ON BEHALF OF THE BOARD
Jorge A. Ganoza
President, CEO and Director
Fortuna Silver Mines Inc.
Trading symbols: NYSE: FSM | TSX: FVI
Investor Relations:
Carlos Baca
T (Peru): +51.1.616.6060, ext. 0
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Forward-looking Statements
This news release contains forward -looking statements which constitute “forward -looking information” within the
meaning of applicable Canadian securities legislation and “forward -looking statements” within the meaning of the
“safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 (collectively, “Forward -looking
Statements”). All statements included herein, other than statements of historical fact, are Forward -looking
Statements and are subject to a variety of known and unknown risks and uncertainties which could cause actual
events or results to differ materially from those reflected in the Forward -looking Statements. The Forward -looking
Statements in this news release may include, without limitation, statements about the impact of the global COVID-
19 pandemic on the Company’s operations, its workforce and suppliers , the demand and price of silver and base
metals, and the estimated tonnes to be produced per day at the Caylloma MIne . Often, but not always, these
Forward-looking Statements can be identified by the use of words such as “estimated”, “potential”, “open”, “future”,
“assumed”, “projected”, “scheduled”, “used”, “detailed”, “has been”, “gain”, “planned”, “reflecting”, “will”,
“containing”, “remaining”, “to be”, or statements that events, “could” or “should” occur or be achieved and similar
expressions, including negative variations.
Forward-looking Statements involve known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to be materially different from any results, performance
or achievements expressed or implied by the Forward -looking Statements. Such uncertainties and factors include,
among others, the worldwide economic and social impact of COVID-19, the duration and extent of COVID-19, changes
in general economic conditions and financial markets; the r e-imposition of government restrictions on business
related to COVID-19; any positive cases of COVID -19 at the mine site which may cause a reduction or suspension in
operations; changes in prices for silver and other metals; technological and operational h azards in Fortuna’s mining
and mine development activities; risks inherent in mineral exploration; uncertainties inherent in the estimation of
mineral reserves, mineral resources, and metal recoveries; changes to current estimates of mineral reserves and
resources; changes to production estimates; governmental and other approvals; changes in government, political
unrest or instability in countries where Fortuna is active; labor relations issues; as well as those factors discussed
under “Risk Factors” in the Company's Annual Information Form. Although the Company has attempted to identify
important factors that could cause actual actions, events or results to differ materially from those described in
Forward-looking Statements, there may be other factors that cause actions, events or results to differ from those
anticipated, estimated or intended.
Forward-looking Statements contained herein are based on the assumptions, beliefs, expectations and opinions of
management, including but not limited to the managem ent of the worldwide economic and social impact of COVID-
19, that the duration and extent of COVID -19 is not long -term, the expected trends in mineral prices and currency
exchange rates; the accuracy of the Company’s current mineral resource and reserve es timates; that the Company’s
activities will be in accordance with the Company’s public statements and stated goals; that there will be no material
adverse change affecting the Company or its properties; that all required approvals will be obtained; that th ere will
be no significant disruptions affecting operations and such other assumptions as set out herein. Forward -looking
Statements are made as of the date hereof and the Company disclaims any obligation to update any Forward-looking
Statements, whether as a result of new information, future events or results or otherwise, except as required by law.
There can be no assurance that that these Forward -looking Statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such statements. Accordingly, investors should not
place undue reliance on Forward-looking Statements.