Leagold Mining owns the Los Filos mine complex in Mexico and three mines in Brazil.In Q1 ended March 31st, the company produced just over 105,000 ounces of gold which translated into EBITDA of US$38.4 million and net income of US$0.01 per share.The company is now on a mission to potentially boost firm-wide gold production to 700,000 ounces and EBITDA to over US$300 million per year.
Expansion of the Los Filos mine is a key element of the expansion strategy.