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Leagold Reports Q3 2017 AISC/oz of $993 and AISC Margin of $13.6 Million
Nov. 14, 2017 08:36AM PST
Precious MetalsLeagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) (“Leagold” or the “Company”) reports Q3 2017 gold production of 47,766 ounces at its Los Filos Mine at an AISC of $993/oz, resulting in an AISC margin of $13.6 million. As quoted in the press release: Neil Woodyer, CEO stated: “We are pleased to see that the operational improvement programs implemented during …
Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) (“Leagold” or the “Company”) reports Q3 2017 gold production of 47,766 ounces at its Los Filos Mine at an AISC of $993/oz, resulting in an AISC margin of $13.6 million.
As quoted in the press release:
Neil Woodyer, CEO stated: “We are pleased to see that the operational improvement programs implemented during Q2 and Q3 are starting to bear fruit. We anticipate continued improvements in Q4 and into 2018 as two key projects are completed and become operational – the re-installation of the agglomerator and extension of the overland conveyors.
“With Los Filos as our cornerstone asset, our management team is now focused and working diligently on continuing our acquisition strategy to grow our gold business in Latin America. We are excited about the opportunities available and look forward to updating our shareholders as we progress.”
