Fortuna signs commitment letter for US $20 Million credit facility

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	    TRADING SYMBOL:
	    TSXV: FVI
	    Lima Exchange: FVI
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	    VANCOUVER, Jan. 6 /CNW/ - Fortuna Silver Mines Inc. (TSX.V: FVI / Lima
Exchange: FVI) is pleased to announce that the Company has signed a commitment
letter to enter into a US $20 million senior secured revolving credit facility
with The Bank of Nova Scotia. The facility will have a 2.5 year maturity. The
proceeds of the facility may be used for general corporate purposes, including
the development of the San Jose Project in Mexico.
	    The facility is intended to complement Fortuna's strong cash position and
provide additional financing flexibility during the construction stage at San
Jose. On December 14, 2009 the Company announced it had obtained all the
required construction and environmental permits for the operation of a 1500
tonne per day underground mine. The San Jose pre-feasibility study is
scheduled to be completed in the first quarter of 2010, with construction
activities to commence shortly thereafter.

	    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.

	    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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	    ON BEHALF OF THE BOARD

	    Jorge Ganoza
	    President, CEO and Director
	    Fortuna Silver Mines Inc.

	    Symbol: TSX.V: FVI / Lima Exchange: FVI
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	    /For further information: Investor Relations: Lima office: Carlos Baca -
Tel: 51.1.616.6060; Vancouver office: Erin Ostrom - Tel: (604) 484-4085/