10
FORTUNA SILVER MINES INC. | 2014 ANNUAL REPORT
Our Growth Strategy
Generate sustainable stakeholder returns
through operational excellence and organic growth
Our d ciplined, ganic growth str egy
will po tion Fortuna among the largest and
lowest-c t primary lver producers by 2017.
Maximize production,
profitability and
cash flow
Foster collaborative
sustainability
programs
Seek M&A
opportunities
in the Americas
Conduct low-risk high-
reward brownfields
exploration
Continuous
improvement of
operating efficiency
to lower costs and
improve margins
Maintain financial
strength, liquidity and
flexibility by generating
sustainable free
cash flow
Evaluate and target
multiple prospects
within large,
prospective land
positions in Peru
and Mexico
Continue exploration of
Trinidad North zone
outside the shell of
existing resources at
the San Jose Mine
Partner with local
communities to enhance
capabilities and
implement self-
sustaining economic
activities
Develop social programs
and infrastructure
to improve local
healthcare, education,
housing and civic
services
Seek acquisition
opportunities in mining-
friendly jurisdictions of
the Americas
Focus on high-grade,
high-margin precious
metals projects
2,000 tpd processing plant at San Jose Mine, Mexico
