LEAGOLD INCREASES LOS FILOS OPEN PIT RESERVES BY 122%

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Vancouver, November 14, 2018 – Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) (“Leagold” or the “Company”) is pleased to announce an increase of the Proven and Probable mineral reserves (P&P reserves) at the Los Filos open pit to 40.5 million tonnes grading 0.60 g/t containing 780 thousand ounces (koz) of gold as of October 31, 2018 (see Table 1). This represents a 122% increase over the December 31, 2017 estimate of 351 koz. After accounting for mining depletion of 99 koz from January 1 to October 31, 2018, the total addition to the Los Filos open pit P&P reserves is 528 koz. This reserve update does not reflect changes to the Bermejal open pit or Los Filos underground mining areas, or potential additions from the Bermejal underground deposit.

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