Fortuna Silver Mines Inc.
TSX VENTURE : FVI

Fortuna Silver Mines Inc.

October 12, 2007 18:44 ET

Fortuna Retains European Investor Relations Consultants

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 12, 2007) - Fortuna Silver Mines Inc. (TSX VENTURE:FVI) is pleased to announce that it has retained 4C Burvale Limited ("4C") of London, England as investor relations consultants to the Company in Europe.

4C-Burvale is an independent investor relations consultancy based in London, England, with investor relations expertise in the natural resources and energy sectors and specialist knowledge of the private wealth management investor base. 4C's activities cover the major financial centres of Europe.

4C will assist Fortuna in establishing a market profile within the UK and European investment communities, helping the Company maintain a high level of exposure and interest amongst existing and potential investors. 4C will also provide advice in the areas of media communications, arranging investor and analyst meetings, and general investor communications.

4C has been engaged by Fortuna for a minimum term of one year and will be paid a monthly retainer of Pounds Sterling 4,000.

Background

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 Project in Mexico. The Company is aggressively pursuing additional acquisition opportunities. For more information, please visit our website at www.fortunasilver.com.

ON BEHALF OF THE BOARD

Jorge Ganoza Durant, President

Fortuna Silver Mines Inc.

The TSX Venture Exchange has not reviewed and does not take responsibility for the adequacy or accuracy of this release.

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