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

Precious Metals

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 …

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

Click here to read the full text release.

2017 results acquisition guidance reserves Market News