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Fortuna Names Robert Brown To New Post Of VP Corporate Development

VANCOUVER, July 30, 2012 /PRNewswire/ - Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (BVL: FVI) (Frankfurt: F4S.F) is pleased to announce the appointment of Mr. Robert Brown as Vice President of Corporate Development effective August 1 st, 2012.

"We are very pleased that Robert is joining the Fortuna team at this exciting time," said Jorge A. Ganoza, Fortuna President and CEO. "To date, management has been very successful and focused in developing and maximizing growth possibilities at our Caylloma and San Jose mines. Robert's appointment signals the company's next phase of expansion, as we look to capitalize on silver-gold business opportunities throughout the Americas.  I welcome him on behalf of all of us at Fortuna."

Mr. Brown has 20 years of international experience in exploration, project development, finance and corporate development. Throughout his career, he has identified exploration and development opportunities through the detailed analysis of economic, geologic and corporate criteria. Prior to joining Fortuna, Mr. Brown was President and CEO of Calibre Mining Corp. where he was responsible for the acquisition, exploration and development of the company's projects in Australia, North America and Central America. He also spent nine years with Barrick Gold in various senior management roles in exploration and business development and was involved with numerous exploration, valuation, merger and acquisition transactions.  A graduate of the University of Alberta with a Bachelor of Science degree in Geology (Honors), Mr. Brown also holds an MBA in Finance from the University of Toronto.

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 mine in Mexico.  The company is selectively pursuing additional acquisition opportunities throughout the Americas.  For more information, please visit our website at www.fortunasilver.com.

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