FORTUNA SILVER MINES

Strategy

Fortuna maintains a robust pipeline of early exploration (greenfield) and near-mine (brownfield) exploration assets. Our strategy is to continue adding to the longevity of our mines through brownfield exploration while at the same time seeking out additional greenfield projects that will benefit the Company.

Robust exploration and development pipeline supported by existing production

• Notes
• Refer to Fortuna news release dated January 19, 2021, “Fortuna reports 2020 full year production of 11.3 million silver equivalent ounces and issues 2021 guidance”
  • Refer to Roxgold news release dated January 12, 2021, “Roxgold produces 133,940 ounces exceeding 2020 production guidance and provides outlook for 2021”
  • Refer to Roxgold news release dated April 19, 2021 “Roxgold announces robust Séguéla Feasibility Study with After-Tax NPV of US$380 million and 49% IRR”
  • Source: Fortuna and Roxgold filings