Leagold Mining Corporation announced that a Feasibility Study (Expansion Feasibility Study) prepared by independent consultants for the expansion of the company's Los Filos mine in Mexico is now complete. The Expansion Feasibility Study incorporates the potential for: development of the Bermejal underground mine, enlarging the Los Filos open pit mine, re-phasing of the Bermejal open pit into two distinct open pits (Bermejal and Guadalupe), and the construction of a carbon-in-leach (CIL) processing facility to complement the existing heap leach facilities. Highlights include: Gold production of 3.3 million ounces (Moz) over a 10-year mine life (2019 to 2028) at an average AISC1 of $795/oz. Post expansion (2021 onwards): Average annual production of 350,000 oz at AISC1 of $759/oz, Average annual production exceeding 400,000 oz from 2021 to 2023. Proven and Probable mineral reserves of 111.3 Mt at 1.23 g/t containing 4.5 Moz2; Capital cost of $180 million to develop the Bermejal underground and construct a new 4,000 tonne per day (tpd) CIL plant with related infrastructure; Current operations to fund capitalized stripping during the initial expansion phase (2019 to 2020) at the Guadalupe and Los Filos open pits; At $1,250/oz gold price: NPV0% of $752 million, NPV5% of $565 million, Expansion capital payback period of less than 1 year, IRR of 87%.