<SEC-DOCUMENT>0001104659-23-032134.txt : 20230314
<SEC-HEADER>0001104659-23-032134.hdr.sgml : 20230314
<ACCEPTANCE-DATETIME>20230314103212
ACCESSION NUMBER:		0001104659-23-032134
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20230314
FILED AS OF DATE:		20230314
DATE AS OF CHANGE:		20230314

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FORTUNA SILVER MINES INC
		CENTRAL INDEX KEY:			0001341335
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35297
		FILM NUMBER:		23729503

	BUSINESS ADDRESS:	
		STREET 1:		200 BURRARD ST
		STREET 2:		SUITE 650
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 3L6
		BUSINESS PHONE:		604-484-4085

	MAIL ADDRESS:	
		STREET 1:		200 BURRARD ST
		STREET 2:		SUITE 650
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 3L6
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>tm239545d1_6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0; margin-bottom: 0; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Washington, D.C. 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Form 6-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.75in; text-align: center"><B>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT
TO RULE 13a-16 OR<BR>
 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">For the month of <U>March 2023</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Commission File Number <U>001-35297</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>Fortuna Silver Mines Inc.</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Translation of registrant&rsquo;s name into English)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>200 Burrard Street, Suite 650, Vancouver, British
Columbia, Canada V6C 3L6</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Address of principal executive office)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" STYLE="font-family: Times New Roman, Times, Serif; border-collapse: collapse; width: 50%">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: bottom">
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; width: 50%">FORM 20-F <FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; width: 50%">FORM 40-F <FONT STYLE="font-family: Wingdings">&#120;</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1): <FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7): <FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
<TD>Date: &nbsp;March 14, 2023</TD>
<TD COLSPAN="2"><B>Fortuna Silver Mines Inc.</B></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD>
<TD COLSPAN="2">(Registrant)</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD>
<TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 50%">&nbsp;</TD>
<TD STYLE="width: 3%">By:</TD>
<TD STYLE="width: 47%"><U>/s/ &quot;<I>Jorge Ganoza Durant</I>&quot;</U></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>Jorge Ganoza Durant</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>President and CEO</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Exhibits:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in; text-align: left"><A HREF="tm239545d1_ex99-1.htm"><B>99.1</B></A></TD><TD STYLE="text-align: justify"><A HREF="tm239545d1_ex99-1.htm"><B>News release dated March 14, 2023.</B></A></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><B>&nbsp;</B></P>

<P STYLE="margin: 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0; margin-bottom: 0; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>tm239545d1_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0"><B>Exhibit 99.1</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 40%"><IMG SRC="image_001.jpg" ALT=""></TD><TD STYLE="width: 20%; text-align: left">&nbsp;</TD><TD STYLE="text-align: justify; width: 40%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #1f497d"><B>NEWS RELEASE</B></P>
</TD>
</TR></TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: #365f91"><B>Fortuna successful in obtaining
permanent injunction<BR>
for San Jose Mine EIA, Mexico</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Vancouver,
March 14, 2023:</B></FONT><B> <FONT STYLE="font-size: 10pt">Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI</FONT>) </B><FONT STYLE="font-size: 10pt">is
pleased to report that the Mexican Federal Administrative Court (the &ldquo;Court&rdquo;) has granted a permanent injunction to Compa</FONT>&ntilde;<FONT STYLE="font-size: 10pt">&iacute;a
Minera Cuzcatlan (&ldquo;Minera Cuzcatlan&rdquo;), Fortuna&rsquo;s Mexican subsidiary, which allows the San Jose Mine to continue to operate
under the terms of the 12-year environmental impact authorization (&ldquo;EIA&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jorge
A. Ganoza, President, CEO and Director of Fortuna, commented, &ldquo;Once again, the Court has agreed with our legal arguments and has
granted us protection against this troubling and repeated attempt by SEMARNAT to affect an EIA they themselves granted to the Company
only 13 months ago&rdquo;. Mr. Ganoza added, &ldquo;We are extremely </FONT>encouraged by the Court&rsquo;s decision, which is consistent
with our view that the 12-year EIA is in material compliance with all applicable laws. The injunction allows the San Jose Mine to continue
to operate under the terms of the 12-year EIA until this matter is finally resolved.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Minera
Cuzcatlan initiated legal proceedings (the &ldquo;Legal Proceedings&rdquo;) to contest and revoke the annulment of the EIA in response
to the resolution issued by the Secretar&iacute;a de Medio Ambiente y Recursos Naturales (&ldquo;SEMARNAT&rdquo;). SEMARNAT is re-assessing
the 12-year extension to the EIA for the San Jose Mine that it granted to Minera Cuzcatlan in December 2021 (refer to Fortuna news releases
dated </FONT><U>December 20, 2021</U>, <U>January 5</U> and <U>January 25, 2023</U>). The grant of the permanent injunction in favor of
Minera Cuzcatlan allows the San Jose Mine to continue to operate under the terms of the 12-year EIA until the Court has ruled on the revocation
of the EIA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Minera Cuzcatlan is in full compliance with all
material environmental laws and continues to operate under the terms of the EIA. The Company continues to work with communities from the
surrounding area in relation to the mine to enhance and expand the social benefits in the region. The San Jose Mine is the single largest
employer in the region of Valles Centrales and provides direct employment to over 1,200&nbsp;people. The Company has sustainable development
initiatives with various neighboring communities and works with over 150 small local enterprises.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #365f91"><B>About Fortuna Silver Mines
Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Fortuna
Silver Mines Inc. is a Canadian precious metals mining company with four operating mines in Argentina, Burkina Faso, Mexico and Peru,
and a fifth mine under construction in C&ocirc;te d'Ivoire. Sustainability is integral to all our operations and relationships. We produce
gold and silver and generate shared value over the long-term for our stakeholders through efficient production, environmental protection,
and social responsibility. For more information, please visit our</FONT> <FONT STYLE="color: blue"><U>website</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 1; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence -->-&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">ON BEHALF OF THE BOARD</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Jorge A. Ganoza</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">President, CEO, and Director</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Fortuna Silver Mines Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Trading symbols: NYSE: FSM | TSX: FVI</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investor
Relations: </FONT><BR>
<B>Carlos Baca</B> | <U>info@fortunasilver.com</U> | <U>www.fortunasilver.com</U> | <FONT STYLE="color: #4f81bd"><B><U>Twitter</U></B></FONT>
| <FONT STYLE="color: #4f81bd"><B><U>LinkedIn</U></B></FONT> | <FONT STYLE="color: #4f81bd"><B><U>YouTube</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I><U>Forward-looking Statements</U></I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>This news release contains forward-looking
statements which constitute &quot;forward-looking information&quot; within the meaning of applicable Canadian securities legislation and
 &quot;forward-looking statements&quot; within the meaning of the &quot;safe harbor&quot; provisions of the United States Private Securities
Litigation Reform Act of 1995 (collectively, &quot;Forward-looking Statements&quot;). 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 include, without limitation, statements about the legal proceedings initiated by Minera Cuzcatlan to contest and
revoke the annulment of the EIA; the likelihood of success in the legal proceedings; the Company&rsquo;s business strategy, plans and
outlook; the merit of the Company&rsquo;s mines and mineral properties; the future financial or operating performance of the Company;
expenditures; approvals and other matters. Often, but not always, these Forward-looking Statements can be identified by the use of words
such as &quot;estimated&quot;, &ldquo;expected&rdquo;, &ldquo;intended&rdquo;, &ldquo;anticipated&rdquo;, &quot;potential&quot;, &quot;open&quot;,
 &quot;future&quot;, &quot;assumed&quot;, &quot;projected&quot;, &quot;used&quot;, &quot;detailed&quot;, &quot;has been&quot;, &quot;gain&quot;,
 &quot;planned&quot;, &quot;reflecting&quot;, &quot;will&quot;, &quot;containing&quot;, &quot;remaining&quot;, &quot;to be&quot;, or statements
that events, &quot;could&quot; or &quot;should&quot; occur or be achieved and similar expressions, including negative variations.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>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, factors beyond our control, including but not limited to, the ability of Minera Cuzcatlan to successfully
contest and revoke the resolution issued by SEMARNAT; changes in laws, rules or regulations and other challenges discussed in our public
filings; changes in general economic conditions and financial markets; the continued rising rates of global inflation which impact the
costs of operations; the risks relating to a global pandemic, including the COVID-19 pandemic, as well as risks associated with war or
other geo-political hostilities, such as the Ukrainian &ndash; Russian conflict, any of which could continue to cause a disruption in
global economic activity; fluctuation in currencies and foreign exchange rates; the imposition of capital controls in countries in which
the Company operates; the continuance of currency controls in Argentina; changes in the prices of key supplies; technological and operational
hazards in Fortuna&rsquo;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 and cost estimates; changes in the position of regulatory authorities with respect to the granting of approvals
or permits; 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 &ldquo;Risk Factors&rdquo; 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.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>Forward-looking Statements contained herein
are based on the assumptions, beliefs, expectations and opinions of management, including but not limited to that the Company will be
successful in revoking the resolution issued by SEMARNAT; that the Company&rsquo;s activities will be conducted in accordance with the
Company&rsquo;s public statements and stated goals; that there will be no material adverse change affecting the Company, its properties
or changes to production estimates (which assume accuracy of projected ore grade, mining rates, recovery timing, and recovery rate estimates
and may be impacted by unscheduled maintenance, labor and contractor availability and other operating or technical difficulties); the
duration and impacts of COVID-19 and other geo-political uncertainties on the Company&rsquo;s production, workforce, business, operations
and financial condition; the expected trends in mineral prices and currency exchange rates; that the Company will be successful in mitigating
the impact of inflation on its business and operations; that all required approvals and permits will be obtained for the Company&rsquo;s
business and operations on acceptable terms; that there will be no significant disruptions affecting the Company's 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 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.</I></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 2; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>image_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  ^ -4# 2(  A$! Q$!_\0
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M!61BL;)Y1C3B1#][KT/?Z8KJ_ +[+FX17+1F:15&1CLV<?E0!5^.X!^%-^2
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M_3KV8    P!T I:*0PHHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
+"BBB@ HHHH __]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
