Jaguar Announces Gold Production Increase for 2017

Jaguar Mining (TSX:JAG) has announced its consolidated annual guidance for 2017 and provide an update on its growth exploration pipeline initiative previously announced on October 27, 2016.
As quoted in the press release:

2017 Guidance

• Gold production of 100,000 – 110,000 ounces, up approximately 10% compared to 2016 guidance
• Cash operating costs per ounce sold¹ (“COC”) of $720 – $755
• All-in sustaining costs per ounce sold¹ (“AISC”) of $900 – $1,000
• Total development includes primary of 4,700 – 5,500 metres, Secondary of 5,600 – 6,550 metres
• Definition and infill drilling totalling 26,000 – 31,000 metres
• Growth exploration investment (core operating assets) of $7.5 – $8.0 million

Exploration Update

• Commenced underground development of exploration drives in order to launch the planned deep drilling programs from the hanging wall at both Pilar and Turmalina to test the down-plunge extension of current inferred resources.
• Initiated exploration drilling at the the Pacheca and Cubas targets located in and around Pilar.

Click here to read the full press release.