LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) has announced additional infill diamond drilling results from its Swanson Gold Deposit, which continue to support the expansion of mineralization at depth and along strike. The latest assay results include broad mineralized and high-grade sub-intervals, with visible gold encountered across several newly reported drill holes. These findings increase confidence in the project’s growth potential beyond the current resource estimate.
Chairman Kal Malhi stated that LaFleur has intersected some of the strongest and widest gold mineralization to date at the Swanson Gold Project, indicating the presence of broad zones of gold mineralization extending beyond the limits of the current open pit resource. This highlights the emergence of a potentially much larger, high-growth gold system with compelling expansion potential.
The Swanson Gold Project is approximately 19,214 hectares (192 km²) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings. The project is easily accessible by road, allowing direct access to several nearby gold mills, further enhancing its development potential.
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LaFleur Minerals is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. The company’s mission is to advance mining projects with a laser focus on its PEA-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value. LaFleur recently released the results of a positive Preliminary Economic Assessment (PEA) for the Swanson Gold Project and the planned restart of the Beacon Gold Mill, which is capable of processing over 750 tonnes per day.
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