Leagold Reports Q4 2017 AISC of $910/oz and AISC Margin of $18.7 Million

Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) (“Leagold” or the “Company”) reports Q4 2017 gold production of 53,446 ounces at its Los Filos mine at AISC of $910/oz, resulting in an AISC margin¹ of $18.7 million. With full-year Los Filos gold production of 191,195 oz, Leagold has delivered the mid-point of the 2017 production guidance range of between 185,000 and 200,000 oz.  Leagold had anticipated AISC of between $875/oz to $925/oz for H2 2017, and this guidance range was achieved for Q4 2017.

• With full-year Los Filos gold production of 191,195 ounces (“oz”), Leagold delivered the mid-point of 2017 production guidance range of between 185,000 and 200,000 oz
• As of December 31, 2017, Leagold’s Proven and Probable mineral reserves (“P&P reserves”) totaled 2.7 million ounces of gold (see Table 5), a 59% increase over the previous year
• Q4 2017 results show progressive improvements in AISC
• From the acquisition of Los Filos on April 8, 2017 to December 31, 2017, Leagold generated adjusted net earnings of $13.9 million

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