Fortuna Silver Reports Increase in Reserves and Resources

About this update from Fortuna Mining Corp.

[{"type":"text","content":"\n\n\n Apr. 12, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nVANCOUVER, April 12 /CNW/ - Fortuna Silver Mines Inc. (TSX: FVI / Lima Stock Exchange: FVI) is pleased to announce updated mineral reserve and mineral resource\n estimates for the Caylloma Mine located in southern Peru and for the\n San Jose Project located in southern Mexico.\n\n\nHighlights of Combined Reserve and Resource Update\n\n\n\nProven + Probable Reserves increased by 4.8% in terms of tonnes and 3.7%\n in contained silver, after replacement of 675,000 tonnes consumed\n through production at Caylloma. Contained gold decreased by 5.1%.\n\n\nMeasured + Indicated Resources increased by 750% in terms of tonnes and\n 1790% and 1550% with respect to contained silver and gold.\n\n\nInferred Resources increased by 47% in terms of tonnes and 17% and 14%\n with respect to contained silver and gold.\n\n\nProven + Probable Reserves total 7.9M tonnes containing 45.1M oz silver\n and 238.9k oz gold.\n\n\nMeasured + Indicated Resources total 2.3M tonnes containing 10.4M oz\n silver and 44.6k oz gold.\n\n\nInferred Resources total 6.4M tonnes containing 34.7M oz silver and\n 215.9k oz gold.\n\n\n\n"Both the Caylloma Mine in Peru and the San Jose Project in Mexico offer\n excellent potential for additions to our current reserve and resource\n base and we are pursuing a number of targets which if successful, could\n have material impact on the two properties" commented Dr. Thomas Vehrs,\n Vice President for Explor...

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