Fresnillo PLC reported production results for the fourth quarter and year ended December 31, 2017. For the quarter, total Silver production was 16,015 koz against 13,316 koz a year ago. Total Gold production was 232,051 oz against 268,104 koz a year ago. Total Lead production was 12,836 t against 13,003 t a year ago. Total Zinc production was 18,852 t against 16,989 t a year ago.

For the year, total Silver production was 58,673 koz against 50,303 koz a year ago. Total Gold production was 911,132 oz against 935,513 koz a year ago. Total Lead production was 48,153 t against 48,144 t a year ago. Total Zinc production was 65,266 t against 56,845 t a year ago.

In 2018, silver production is expected to be in the range of 67 to 70 moz with the rise in production driven by the first year of full operations at San Julián (phase II), the increase in ore throughput from Fresnillo and the start-up of operations at the Pyrites Plant. For 2018, Gold production expected to be in the range of 870-900 koz

2018 exploration budget will be approximately USD 200 million (including capitalised exploration expenses).