Acquisition Circular Mailed

Fortuna Silver Mines Inc. (TSX VENTURE:FVI)(BVLAC:FVI) and Continuum Resources
Ltd. (TSX VENTURE:CNU) are pleased to announce that Continuum Resources has sent
to its shareholders a Notice of Meeting and Management Proxy Circular describing
the terms of Fortuna Silver Mines' proposed acquisition (the "Acquisition") of
all the issued and outstanding securities of Continuum. A meeting of the
shareholders of Continuum has been called for February 23, 2009 to approve the
Acquisition. Completion of the Acquisition is also subject to certain other
conditions including court approval and acceptance for filing by the TSX Venture
Exchange.


The terms of the Acquisition provide for the issuance of 0.0564 of a Fortuna
common share to be issued for every one Continuum common share outstanding. If
the Continuum shareholders approve the transaction and all other conditions are
satisfied, completion of the Acquisition is expected to occur on or about March
13, 2009.


The companies currently hold jointly the San Jose Project in Mexico (Fortuna
76%; Continuum 24%). As a result of the Acquisition, Fortuna will own 100% of
the San Jose Project, thus strengthening its position in that country.


ON BEHALF OF THE BOARD OF FORTUNA SILVER MINES INC.

Jorge Ganoza, President & CEO

ON BEHALF OF THE BOARD OF CONTINUUM RESOURCES LTD.

Warren McIntyre, Director