LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) is executing a multi-pronged growth strategy focused on restarting operations at its Beacon Gold Mill and advancing the Swanson Gold Project in the Abitibi greenstone belt of Québec. The company's efforts come amid volatile gold prices, which surged from US$4,000 to a high of US$5,400 in 2025 before settling into a trading range of US$4,500-$5,000 per ounce.
As highlighted in a recent article discussing LaFleur's progress, CEO Paul Ténière noted the company's busy quarter marked by major developments. The Abitibi greenstone belt, which has produced over 300 million ounces of gold historically and from current reserves, remains a premier mining jurisdiction. LaFleur has strategically acquired assets and assembled experienced management to protect shareholder value through efficient financing, with the rising gold market further bolstering prospects.
The company is in discussions with rail officials to improve transportation between the Swanson Project and the Beacon Mill. A proposed rail spur would extend directly from the existing line crossing the property to the mill, potentially enhancing logistical efficiency. Additionally, LaFleur anticipates additional open-pit gold recovery across the Swanson Project, which encompasses 445 mineral claims and one mining lease. Diamond drilling intercepts have yielded promising results, including 2.05 g/t Au over 158.25 meters and narrow high-grade intercepts such as 121.0 g/t Au over 1.1 meters.
For more details, the full article is available at https://ibn.fm/jWhke.
LaFleur Minerals is focused on district-scale gold projects in the Abitibi Gold Belt near Val-d'Or, Québec. The company's mission is to advance the resource-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential for long-term value creation. The Swanson Gold Project spans approximately 18,304 hectares (183 km²) and includes several gold and critical metal prospects previously held by Monarch Mining, Abcourt Mines, and Globex Mining. The company has consolidated a large land package along a major structural break hosting the Swanson, Bartec, and Jolin gold deposits, among others. The project is easily accessible by road, providing direct access to several nearby gold mills. The fully permitted and refurbished Beacon Gold Mill can process over 750 tonnes per day and is being considered for processing material from Swanson and for custom milling operations for other nearby projects.
Investors can find the latest news and updates on LFLRF at the company's newsroom: https://ibn.fm/LFLRF.
