Blockchain Registration Transaction Record

LaFleur Minerals Targets 2026 Gold Production Restart in Quebec's Abitibi Belt

LaFleur Minerals plans 2026 gold production restart at Beacon Mill using Swanson Project ore in Quebec's Abitibi Belt, leveraging high gold prices and historical drilling data.

This development matters because it represents a strategic re-entry into gold production during a period of historically high gold prices, offering investors exposure to a potentially de-risked opportunity with existing infrastructure in one of the world's most established mining jurisdictions. For the mining sector, successful restart of the Beacon Gold Mill could signal renewed investment in previously idled assets across Quebec's prolific gold regions, potentially creating jobs and economic activity in Val-d'Or while contributing to Canada's position as a global gold producer. For investors, LaFleur's combination of near-term production timeline, fully permitted infrastructure, and location in the mineral-rich Abitibi Greenstone Belt provides a compelling proposition compared to exploration-stage companies, especially given the current gold price environment that makes previously marginal operations economically viable again.