LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) is moving closer to its first gold pour as it prepares to restart operations at its Beacon Gold Mill in Québec’s Abitibi Gold Belt. The company plans to process a 100,000-metric-ton bulk sample from its Swanson Gold Project as feed for the mill, marking a significant step toward near-term production. With gold prices remaining elevated, LaFleur expects to generate strong margins, supported by a preliminary economic assessment (PEA) that outlines a solid return from the operation.
The company has released positive results from the PEA for the Swanson Gold Project and the planned restart of the Beacon Gold Mill. The mill, which has been recently refurbished, is capable of processing over 750 tonnes per day. LaFleur is considering using the mill not only for material from Swanson but also for custom milling operations for other nearby gold projects, enhancing its revenue potential.
Recent high-grade drill results at Swanson have bolstered confidence in the project’s viability. The Swanson Gold Project spans approximately 19,214 hectares (192 km²) and includes several gold and critical metals prospects 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, among other showings. The project is easily accessible by road, providing direct access to several nearby gold mills and further enhancing its development potential.
To support the production restart and ongoing exploration, LaFleur has secured additional financing. The company is focused on advancing its district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. Its mission is to deliver long-term value through the Swanson Gold Project and the Beacon Gold Mill, both of which are at the PEA stage and hold significant potential.
Investors can find the latest news and updates on LaFleur Minerals at the company’s newsroom at https://ibn.fm/LFLRF. For more details on the full article, visit https://ibn.fm/ji7Mq.
