Two important NR's expected shortly. Turning to Slide 3, the outlook for the San Francisco Mine is very encouraging. We're confident in our guidance of 20,000 ounces of production for the current quarter in Q1 of this year and we're investigating means to increase the production above the 70,000 to 75,000 ounces for 2017 that we've provided as guidance. In the longer term, we're working on our revised mine plan which we hope will improve upon the existing plan for the operations over the next five years and we expect to be in a position to release the new plan later this quarter. The new plan is targeting a revitalization of San Francisco by investing a modest amount of capital in a way stripping, infill drilling and making operational improvements. And we believe this will provide us with a solid operating platform upon which to grow the business by developing our high grade, high margin Ana Paula Project in Guerrero, Mexico.
Turning to Ana Paula on Slide 4, we have been making good progress on advancing the projects since we initiated a $9.2 million work program in August last year. We recently published and updated on the project which includes results from our 10,000 meter infill drilling program, as well as results of preliminary metallurgical test work. All of these results are being compiled in the form of a free feasibility study which we expect to publish this quarter. The PFS will greatly improve our confidence in the robust economics which were published last year in a preliminary economic assessment which included an NPV of $250 million, an IRR of 46%, both of those after-tax at $12,000 gold for a capital investment of $120 million. We'll continue to move the project forward over the next year through feasibility permitting and financing and we're targeting an investment decision in Q2 2018.