Fortuna reports death of contractor employee at the Caylloma Mine, Peru
06 July 2020 - 8:30PM
Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI)
regrets to inform of the sudden death of a 34-year old contractor’s
employee at the Caylloma Mine, located in the province of Arequipa,
on Sunday, July 5, 2020. The family and authorities have been
promptly informed.
The cause of death has not been determined at
this time. In accordance with the Company’s health protocols
approved by the Ministerio de Salud (MINSA), the individual had
completed a health check, including COVID-19 rapid diagnostic
testing, which was negative for COVID-19. The Company and the
contractor are working closely with authorities, who have initiated
an investigation into this unfortunate incident.
Fortuna reiterates its priority to safeguard the
health and safety of its personnel and its local communities, and
as a result, aligned with recent Peruvian government Sanitary
Emergency provisions for Arequipa, the Company has decided to
voluntarily suspend operations for a period of approximately two
weeks at the Caylloma Mine. The Company will use this time to,
among other things, sanitize and disinfect the mine site. A reduced
task force will remain on site to safeguard critical
infrastructure, care and maintenance, and environmental monitoring.
The Company is initiating the demobilization of its on-site
personnel.
About Fortuna Silver Mines
Inc.
Fortuna is a growth oriented, precious metals
producer focused on mining opportunities in Latin America.
Our primary assets are the Caylloma silver Mine in southern Peru,
the San Jose silver-gold Mine in Mexico and the Lindero gold
Project, currently under construction, in Argentina. The
Company is selectively pursuing acquisition opportunities
throughout the Americas and in select other areas. For more
information, please visit our website at www.fortunasilver.com.
ON BEHALF OF THE BOARD
Jorge A. Ganoza President, CEO and
DirectorFortuna Silver Mines Inc.Trading symbols: NYSE: FSM | TSX:
FVI
Investor Relations:
Carlos BacaT (Peru): +51.1.616.6060, ext. 0
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 (collectively, “Forward-looking Statements”). All
statements included herein, other than statements of historical
fact, are Forward-looking Statements and are subject to a variety
of known and unknown risks and uncertainties which could cause
actual events or results to differ materially from those reflected
in the Forward-looking Statements. The Forward-looking Statements
in this news release may include, without limitation, statements
about the continued practices for the screening and prevention of
COVID-19; the temporary suspension of operations at the Caylloma
Mine and the Company's efforts to minimize the impacts of same,
discussions with government authorities and other stakeholders, and
the timing of the resumption of operations at the Caylloma Mine;
the duration and effects of COVID-19 and any other pandemics on the
Company’s workforce, business, operations and financial condition,
and the risks relating to a global pandemic, which unless contained
could cause a slowdown in global economic growth and impact the
Company’s business, operations, financial condition and share
price;. Often, but not always, these Forward-looking Statements can
be identified by the use of words such as “estimated”, “potential”,
“open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has
been”, “gain”, “planned”, “reflecting”, “will”, “containing”,
“remaining”, “to be”, or statements that events, “could” or
“should” occur or be achieved and similar expressions, including
negative variations.
Forward-looking Statements involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to be
materially different from any results, performance or achievements
expressed or implied by the Forward-looking Statements. Such
uncertainties and factors include, among others, the worldwide
economic and social impact of COVID-19, the duration and extent of
COVID-19, changes in general economic conditions and financial
markets; the duration of government restrictions on business
related to COVID-19; 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; changes to current
estimates of mineral reserves and resources; changes to production
estimates; governmental and other approvals; changes in government,
political unrest or instability in countries where Fortuna is
active; labor relations issues; as well as those factors discussed
under “Risk Factors” in the Company's Annual Information Form.
Although the Company has attempted to identify important factors
that could cause actual actions, events or results to differ
materially from those described in Forward-looking Statements,
there may be other factors that cause actions, events or results to
differ from those anticipated, estimated or intended.
Forward-looking Statements contained herein are
based on the assumptions, beliefs, expectations and opinions of
management, including but not limited to the management of the
worldwide economic and social impact of COVID-19, that the duration
and extent of COVID-19 is minimized and not long-term; that the
temporary suspension of operations at the Caylloma Mine is
short-term; the expected trends in mineral prices and currency
exchange rates; the accuracy of the Company’s current mineral
resource and reserve estimates; that the Company’s activities will
be in accordance with the Company’s public statements and stated
goals; that there will be no material adverse change affecting the
Company or its properties; that all required approvals will be
obtained; that there will be no significant disruptions affecting
operations and such other assumptions as set out herein.
Forward-looking Statements are made as of the date hereof and the
Company disclaims any obligation to update any Forward-looking
Statements, whether as a result of new information, future events
or results or otherwise, except as required by law. There can be no
assurance that the Company will be successful in its legal
proceedings or that these Forward-looking Statements will prove to
be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
investors should not place undue reliance on Forward-looking
Statements.
Forward-looking statements relate to future
events or future performance and reflect management’s expectations
or beliefs regarding future events including, but not limited to,
statements with respect to the Company’s operations, including the
temporary suspension of operations at the Caylloma Mine and the
Company's efforts to minimize the impacts of same, the continued
practices for the screening and prevention of COVID-19, discussions
with government authorities and other stakeholders, and the timing
of the resumption of operations at the Caylloma Mine.
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