July 1 (Reuters) - Fresnillo Plc :
* Announce that construction of San Julián project phase 1 has been completed on time and on budget.
* Company confirms its guidance of 775-790 koz of gold and 49-51 moz of silver for 2016
* Higher than expected volumes produced at Saucito will compensate for shortfall production at San Julián
* $515 million San Julián silver-gold project has an expected average production of 10.3 million ounces of silver and 44,000 ounces of gold per year once phase 2 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)