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Fortuna Silver Mines Inc.: Fortuna Announces Resignation of Director


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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 30, 2009) - Fortuna Silver Mines Inc. (TSX VENTURE:FVI)(BVLAC:FVI) announces that it has accepted the resignation of Arden "Buck" Morrow as a Director of the Company. Mr. Morrow is President, CEO and Director of Northland Resources Inc. and has been a director of Fortuna since 2006. He leaves the Board of Fortuna to concentrate his efforts on the development of Northland.

Commenting on the resignation, Fortuna President and CEO, Jorge Ganoza said, "The Board of Directors and I want to acknowledge and express our recognition for Buck's many contributions during his tenure on the Company's Board of Directors. Buck has been an active, hands-on director who has dedicated substantial time and effort to the Company. We wish him the best in his future endeavours."

Fortuna Silver Mines Inc.

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 selectively pursuing additional acquisition opportunities. 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.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.



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