Leagold Mining Corporation reported that an updated feasibility study has been completed by independent consultants, RPA Inc., for the company's Santa Luz Project in Brazil that incorporates project optimizations and updated capital and operating cost estimates. Capital cost to complete and re-start the mine of $82 million, including $12.3 million of working capital and first fills Proven and Probable open pit mineral reserves of 28.2Mt at 1.39 g/t containing 1.26 million ounces Gold production of 1.06 million ounces over an 11-year mine life at AISC of $856/oz. After-tax cash flow of $302 million, using $1,200/oz gold price. Strong economics: IRR of 47% and NPV5% of $149 million. Operating plan includes an initial period with a significantly reduced open pit strip ratio.