Fortuna Announces Third Quarter 2010 Results Conference Call

November 15, 2010: Fortuna Silver Mines Inc. (TSX: FVI / Lima Stock Exchange: FVI) – is pleased to announce that a conference call to discuss the Company’s third quarter’s financial results will be held on Tuesday, November 16, 2010 at 12:00 p.m. EST / 9:00 a.m. PST. Hosting the call will be Jorge Ganoza, President, CEO and Director and Luis Dario Ganoza, Chief Financial Officer.

Shareholders, analysts, media and interested investors are invited to listen to the live conference call by logging onto the webcast at http://www.investorcalendar.com/IC/CEPage.asp?ID=162594 or over the phone by dialling just prior to the starting time.

Conference call details:

Date: Tuesday, November 16, 2010 Time: 12:00 p.m. EST, 9:00 a.m. PST Dial in number (Toll Free): +1.877.407.8035 Dial in number (International): +1.201.689.8035

Replay number (Toll Free): +1.877.660.6853 Replay password (International): +1.201.612.7415

Replay Passcodes (both are required for playback):

Account: # 286 Conference ID: # 361143

Playback of the webcast will be available until February 16, 2011. Playback of the conference call will be available until 11:59 p.m. EST on November 30, 2010. In addition, the call will be archived in the Company’s website.

Fortuna Silver Mines Inc.

Fortuna is a growth oriented, silver and base metal producer focused on mining opportunities in Latin America. Our primary assets are the Caylloma Silver Mine in southern Peru and the San Jose Silver-Gold Project in Mexico. The Company is selectively pursuing additional acquisition opportunities. For more information, please visit our website at www.fortunasilver.com.

Carlos Baca Investor Relations Manager Fortuna Silver Mines Inc.

Symbol: TSX: FVI / Lima Stock Exchange: FVI

Investor Relations:

Management Head Office: Carlos Baca - Tel: +51.1.616.6060, ext. 2 Corporate Office: Ralph Rushton - Tel: +1.604.484.4085