Fortuna Silver Mines Inc. (NYSE:FSM) (TSX:FVI)(BVLAC:FVI)(FRANKFURT:F4S) is
pleased to announce additional results for step-out drilling of the Trinidad
North discovery located contiguous with the San Jose Mine in Oaxaca, Mexico.
Assay results are included for eight drill holes completed in March and April of
2014. The results continue to confirm the extension of the Trinidad North zone
with high-grade silver-gold mineralization present over wide vein widths. The
results reported herein lie within a 230 meter strike extension of the Trinidad
system and generally outside of the limits of the existing Inferred Resources.


Highlights of Step-out Drilling

SJOM-349A



--  929 g/t Ag and 4.87 g/t Au (1,221 g/t Ag Eq) over ETW(i) of 4.5 m and 
--  1,808 g/t Ag and 13.21 g/t Au (2,601 g/t Ag Eq) over ETW of 4.1 m



SJOM-359



--  887 g/t Ag and 4.04 g/t Au (1,129 g/t Ag Eq) over ETW of 3.4 m



SJOM-364



--  2,573 g/t Ag and 10.77 g/t Au (3,219 g/t Ag Eq) over ETW of 3.0 m



(i) ETW = Estimated True Width

Dr. Thomas I. Vehrs, Vice President of Exploration, commented: "The results of
the step-out drilling at Trinidad North continue to confirm the presence of a
robust mineralized system with excellent potential for further expansion.
Particularly impressive are the results of drill hole SJOM-364 which encountered
high-grade silver and gold mineralization at the extreme northern limit of the
current drilling. This drill intercept is located 50 meters to the north of the
previously reported high-grade intercept in drill hole SJOM-335 (3,511 g/t Ag
and 15.04 g/t Au (4,413 g/t Ag Eq) over ETW of 3.7 m) (see Fortuna news release
of January 21, 2014) and validates that the mineralized system remains open
along strike to the north and to depth. The vertical extension of the
mineralized zone currently exceeds 600 meters."


The Trinidad North discovery was announced in February of 2013 (see Fortuna news
release of February 4, 2013) and a maiden resource for the Trinidad North zone
was announced in October of 2013. At a 70 g/t Ag Eq cutoff, Inferred Resources
at Trinidad North as of the July 4, 2013 data cutoff date were estimated at 1.9
Mt averaging 269 g/t Ag and 1.67 g/t Au, containing 16.3 Moz Ag and 100.8 koz
Au. Resource estimates at higher cutoff grades were also presented and the
reader is referred to the October 17, 2013 news release for additional
information. Step-out drilling of the Trinidad North discovery was initiated in
late September of 2013 with initial results being reported in Fortuna news
releases dated November 25, 2013, January 21, 2014 and March 10, 2014. Drilling
is currently being carried out from two underground drill stations located at
the 1300 meter level with work underway to advance the underground access a
further 300 meters to the north to allow for further testing of the strike
extension of the mineralized system. 




Assay Results for Principal Mineralized Intervals - Trinidad North Step-out 
 Drilling                                                                   
                                                                            
----------------------------------------------------------------------------
Hole_Id     From     To   Int ETW(i)    Ag    Au    Pb    Zn    Cu Ag Eq(ii)
             (m)    (m)   (m)    (m) (g/t) (g/t) (ppm) (ppm) (ppm)     (g/t)
----------------------------------------------------------------------------
SJOM-348                 No significant mineralized intervals               
----------------------------------------------------------------------------
SJOM-349A 314.00 317.90  3.90    1.7   238  1.20   539   820    25       310
         -------------------------------------------------------------------
          320.00 330.20 10.20    4.5   929  4.87  4402  7300   103      1221
         -------------------------------------------------------------------
          346.55 348.50  1.95    0.9   375  2.51   984  1808    65       526
         -------------------------------------------------------------------
          367.00 375.45  8.45    4.1  1808 13.21  5984 11838   905      2601
----------------------------------------------------------------------------
SJOM-353  415.45 415.85  0.40    0.2   857  7.58  4690 22900   109      1312
----------------------------------------------------------------------------
SJOM-356  344.10 346.50  2.40    1.1   127  0.79   506   906    44       175
         -------------------------------------------------------------------
          397.95 412.00 14.05    7.0   202  1.70  6182 12287   419       304
----------------------------------------------------------------------------
SJOM-359  386.40 387.05  0.65    0.4  1330  6.95  1165  2588   126      1747
         -------------------------------------------------------------------
          389.25 395.30  6.05    3.4   887  4.04  3759  9764  1110      1129
----------------------------------------------------------------------------
SJOM-360  336.00 339.00  3.00    1.5   352  2.33   505   775   163       491
         -------------------------------------------------------------------
          364.60 383.00 18.40    9.2   181  1.46  6643  9908   718       269
----------------------------------------------------------------------------
SJOM-364  437.90 439.00  1.10    0.5   195  1.37   789  1095    22       277
         -------------------------------------------------------------------
          462.05 467.30  5.25    3.0  2573 10.77  2616  4529   223      3219
----------------------------------------------------------------------------
SJOM-365  280.20 298.20 18.00    9.5   248  1.17   922  1690    31       318
         -------------------------------------------------------------------
          335.70 340.55  4.85    2.6   415  4.86  1917  3642   536       706
----------------------------------------------------------------------------
(i) ETW = Estimated True Width                                              
(ii) Ag Eq values estimated at Au:Ag ratio of 60 based on metal prices of   
 US$1200/oz Au and US$20.00/oz Ag and metallurgical recoveries of 89% for   
 both Au and Ag; Averages calculated at cutoff of 70 g/t Ag Eq              
----------------------------------------------------------------------------



Longitudinal sections for the Bonanza and Trinidad veins showing the location of
the step-out drill hole results relative to the Trinidad North maiden resource
area are available at the following link:
http://www.fortunasilver.com/i/pdf/map/NR-Trinidad-North-Longitudinal-Sections-25-APR-14.pdf


San Jose Mine

The San Jose mine and processing plant were successfully expanded to 2,000 tpd
in April 2014 (see Fortuna news release of April 14, 2014) and investigations
are currently underway to assess the potential for a further expansion to 3,000
tpd. Production for the first quarter of 2014 was 997,035 oz silver and 7,627 oz
gold, 12 percent and 13 percent above budget, respectively. Production guidance
for 2014 is for the processing of 683,000 tonnes of ore averaging 203 g/t Ag and
1.56 g/t Au, resulting in the estimated production of 4.0 million ounces of
silver and 30.4 thousand ounces of gold. 


Quality Assurance & Quality Control

Following detailed geological and geotechnical logging, drill core samples are
split on-site by diamond sawing. One-half of the core is submitted to the ALS
Chemex Laboratory in Guadalajara, Mexico. The remaining half core is retained
on-site for verification and reference purposes. Following preparation, the
samples are assayed for gold and silver by standard fire assay methods and for
silver and base metals by ICP and atomic absorption methods utilizing aqua regia
digestion. The QA-QC program includes the blind insertion of certified reference
standards and assay blanks at a frequency of approximately 1 per 15 normal
samples as well as the inclusion of duplicate samples for verification of
sampling and assay precision levels.


Qualified Person

Thomas I. Vehrs, Ph.D., Vice President of Exploration is the Qualified Person
for Fortuna Silver Mines Inc. as defined by National Instrument 43-101. Dr.
Vehrs is a Founding Registered Member of the Society for Mining, Metallurgy, and
Exploration, Inc. (SME Registered Member Number 3323430RM) and is responsible
for ensuring that the information contained in this news release is an accurate
summary of the original reports and data provided to or developed by Fortuna
Silver Mines. 


Fortuna Silver Mines Inc.

Fortuna is a growth-oriented, silver-, gold- 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 exploration and development
opportunities in the Americas. For more information, please visit our website at
www.fortunasilver.com.


ON BEHALF OF THE BOARD

Jorge Ganoza, President, CEO and Director

Fortuna Silver Mines Inc.

Forward looking Statements

This news release contains forward-looking statements which constitute
"forward-looking information" within the meaning of applicable Canadian
securities legislation and "forward-looking statements" within the meaning of
the "safe harbor" provisions of the Private Securities Litigation Reform Act of
1995. Forward-looking statements are statements that are not historical facts
and that are subject to a variety of risks and uncertainties which could cause
actual events or results to differ materially from those reflected in the
forward-looking statements. When used in this document, the words such as
"anticipates", "believes", "plans", "estimates", "expects", "forecasts",
"targets", "intends", "advance", "projects", "calculates" and similar
expressions are forward-looking statements.


The forward-looking statements are based on an assumed set of economic
conditions and courses of actions, including estimates of future production
levels, expectations regarding mine production costs, expected trends in mineral
prices and statements that describe Fortuna's future plans, objectives or goals.
There is a significant risk that actual results will vary, perhaps materially,
from results projected depending on such factors as changes in general economic
conditions and financial markets, changes in prices for silver and other metals,
technological and operational hazards in Fortuna's mining and mine development
activities, risks inherent in mineral exploration, uncertainties inherent in the
estimation of mineral reserves, mineral resources, and metal recoveries, the
timing and availability of financing, governmental and other approvals,
political unrest or instability in countries where Fortuna is active, labor
relations and other risk factors.


Although Fortuna has attempted to identify important factors that could cause
actual results to differ materially from those contained in forward-looking
statements or information, there may be other factors that cause results to be
materially different from those anticipated, described, estimated, assessed or
intended. There can be no assurance that any forward-looking statements or
information will prove to be accurate as actual results and future events could
differ materially from those anticipated in such statements or information.
Accordingly, readers should not place undue reliance on forward-looking
statements or information.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Fortuna Silver Mines Inc.
Carlos Baca
Investor Relations
Tel (Peru): +51.1.616.6060, ext. 0
www.fortunasilver.com
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