26
FORTUNA SILVER MINES INC. | 2014 ANNUAL REPORT
Commodities:
Silver, Gold, Lead, Zinc
Ownership:
100%
Land package:
35,500 hectares
Operation:
1,300 tpd underground mine
Reserve life:
6.5 years
Location:
Arequipa, Peru
(Latitude 15° 13” S,
Longitude 71° 49” W)
Deposit type:
Intermediate-sulphidation
epithermal deposit
Caylloma Mine
Cash cost per ounce
of silver
*
($/oz Ag)
$7.02
2013: $7.65
Cash cost per tonne
*
($/t)
$90.57
2013: $91.22
* net of by-product credits
AISCC
*
($/oz Ag)
$14.13
2013: $20.83
Unit net smelter return
per tonne ($/t)
$144.57
2013: $161.19
2014 Unit Costs
Al
SCC declined by 32% to $14.13 per nce of
lver in 2014, 17% below annual guidance.
CORE ASSET
REVIEW
PERU
