Fortuna Sees 53 Percent Increase in Silver Production for Q3 2012

Fortuna Silver Mines Inc. (TSX:FVI) announced Q3 2012 production results from its Mexico-based San Jose mine and its Caylloma mine in Peru, both of which it wholly owns. Production for the quarter totaled 1,027,741 ounces of silver, a 53 percent increase over the same quarter in 2011.

As quoted in the press release:

Silver and gold productions for the first nine months of the year totaled 2,977,025 ounces and 16,331 ounces respectively; reflecting 80% and 94% of the company’s 2012 annual production guidance (see Fortuna news release dated January 26, 2012). At this rate of production, Fortuna is on track to exceed its 2012 forecast of 3.7 million ounces of silver and 17,400 ounces of gold.

Click here to read the full Fortuna Silver Mines Inc. (TSX:FVI) press release.