TSX: FVI CA $8.01    NYSE: FSM US $6.12
  

2017 Production and Cash Cost Guidance

  Silver
(Moz)
Gold
(koz)
Cash Cost
(US$/t)
AISC
(US$/oz Ag)
Production Guidance 7.1 51.9    
Cash Cost Guidance     56.7 8.4

Notes:

1. Cash cost per tonne includes all on-site direct and indirect production costs, community relations expenses, concentrate transportation and corporate management fees. It excludes government royalties and workers participation.

2. All-in sustaining cash cost (AISC) per ounce of silver is net of by-products gold, lead and zinc

2017 AISC Guidance

Item US$/ oz Ag
Cash cost net of by-product credits 2.4
     Commercial and government royalties/ mining tax 1.2
     Workers' participation 0.8
     Subsidiary G&A 0.7
     Sustaining CAPEX 2.3
     Brownfields exploration 1.0
AISC 8.4

San Jose Mine Exploration