Lima officeCarlos BacaInvestor Relations51

For more information visit http:// and MarketsLaura Wood, Senior Fax (USA): 646-607-1907Fax (International): 353-1-481-1716 Copyright Business Wire 2009. DUBLIN, Ireland(Business Wire)Research and Markets( http://) hasannounced the addition of the "CLEC Capital Expenditures: Analysis & Projections2005 - 2011" report to their offering. Service provider capital expenditures - the fundscarriers spend on such equipment as switching platforms, transport facilities,and operational support systems - are the lifeblood for technology vendors.Carriers' planning and allocation of capex dollars carries significantramifications for these vendors. To address vendors' ongoing need for data, information and analysis of theircustomers capital expenditures, New Paradigm Resources Group, Inc. This series, "Service Provider Capital Expenditure Analysis,"will examine service provider capital expenditures on a sector-by-sector basis.Each report in this series will analyze such areas as service providersallocation of capex funds, the critical drivers affecting capital expendituredecisions and assess strategic opportunities for companies selling big ticketproducts to service providers. The CLEC sector has stabilized and matured to represent a set of serious playersin the telecom space and they represent a solid customer base for vendors.

Thisreport looks at the CLEC sector's capital expenditures from 2005 through 2011and presents the insights and analysis vendors, investors, and other serviceproviders have asked for. You should purchase this report if you: Require analysis of how CLECs' are allocating their CapEx budgets Need to understand the drivers that impact capital expenditures Require insight and analysis to inform your CapEx-related planning Are assessing strategic opportunities with telecoms equipment vendors Are looking to benchmark optimal capital spending levelsKey Topics Covered: Data and analysis of leading competitive carriers' capital spending Projections of capital expenditures through 2011 Segmentation by nature and disposition of the expenditure - whether foroperating equipment, network infrastructure, OSS Expenditures broken down by company, qualitative analysis of spending patternsand trendsFor more information visit http:// and MarketsLaura Wood, Senior Fax (USA): 646-607-1907Fax (International): 353-1-481-1716 Copyright Business Wire 2009. VANCOUVER, BRITISH COLUMBIA, Jan 26 (MARKET WIRE) Fortuna Silver Mines Inc. (TSX VENTURE: FVI)(BVLAC: FVI) is pleased toreport 2008 production performance figures and provide a 2009 productionguidance for its Caylloma Mine, located in southern Peru. The Mineproduced 889,782 ounces of silver, an increase of 85 compared to 2007.For 2009 the Company anticipates silver production of 1.6 million ounces,an expected increase of 80 compared to 2008:- Q I - 2008Q II - 2008 Q III - 2008Q IV - 2008 2008Processed ore (t) 70,408 80,121 89,827 91,025331,380Head grade-Ag (g/t) 74.7 85.5 97.7114.8 94.5-Zn ()3.43.73.63.73.6-Pb ()1.92.32.62.92.5Recovery-Ag (1) 76.4 78.1 80.0 82.4 79.9-Zn 86.5 87.6 88.1 87.3 87.4-Pb 87.3 88.9 92.1 93.4 91.1Metal produced-Ag (oz) 140,239186,276243,280291,381861,176-Zn (lb) 4,582,1165,794,3166,340,9086,559,104 23,276,444-Pb (lb) 2,620,5563,599,1324,714,3565,562,896 16,496,940-(1) Silver recovery in lead concentrate.2009 Production GuidanceMetal production 2009 (Forecast) 2008 2007Silver (oz)1,600,000860,000480,000Zinc (lb) 26,900,000 23,300,000 13,900,000Lead (lb) 21,200,000 16,500,0008,300,000Copper (lb)1,200,000 A Technical report on Reserves and Resources for the Caylloma mine isavailable on the Company's website at Jorge Ganoza, CEO of the Company, commented: "Our team at Cayllomahas done a superb job in delivering sustained metal production growthsince the start of mining in late 2006 For 2009 we plan this growth tocontinue. The expected increase in silver is the result of our successfulinvestments in exploration and development of new bonanza style silverveins which began contributing to production in the fourth quarter of2008."Fortuna Silver Mines Inc.Fortuna is a growth oriented, silver and base metal producer focused onmining opportunities in Latin America.

The Company is selectively pursuing additionalacquisition opportunities. These include estimates of future productionlevels, expectations regarding mine production costs, expected trends inmineral prices and statements that describe Fortuna's future plans,objectives or goals. There is a significant risk that actual results willvary, perhaps materially, from results projected depending on suchfactors as changes in general economic conditions and financial markets,changes in prices for silver and other metals, technological andoperational hazards in Fortuna's mining and mine development activities,risks inherent in mineral exploration, uncertainties inherent in thecalculation of mineral reserves, mineral resources, and metal recoveries,the timing and availability of financing, governmental and otherapprovals, political unrest or instability in countries where Fortuna isactive, labor relations and other risk factors.ON BEHALF OF THE BOARDJorge Ganoza, President, CEO and DirectorFortuna Silver Mines Inc.Neither the TSX Venture Exchange nor theInvestment Industry Regulatory Organization of Canada acceptsresponsibility for the adequacy or accuracy of this release.Contacts:Fortuna Silver Mines Inc. - Lima officeCarlos BacaInvestor Relations51.1.616.6060Fortuna Silver Mines Inc. First of all, its kind of funny that I call this list my Top 10 games, when the majority of them are Yankee wins and Mets losses. My original plan for this slideshow was to give my Top Five Most Memorable Mets games of the 2009 season.

However, after Friday nights Yankees game that I was in attendance for, Ive decided to do my Top 10 Most Memorable Baseball Games of the 2009 season. I was lucky enough to have attended a total of 21 baseball games between Citi Field and Yankee Stadium, and I will share what I believe are my Top 10. Id love to hear your opinions if you think some are too high or low, or just dont belong So without further ado, here we go. This game had more hype to it then it actually produced. It was Joe Torre and the Dodgers first trip to Citi Field, and Manny Ramirez was making his first trip to New York since coming back from his 50 game suspension. Manny received his fair share of boos before each of his four at bats, and there were cheers when he got tossed after striking out in the fifth Other than that the game itself was pretty relaxed.