Blockchain Registration Transaction Record

LaFleur Minerals Secures $1.66M for Québec Gold Production Push

LaFleur Minerals raises $1.66M to advance Swanson Gold Project and restart Beacon Gold Mill in Québec's Abitibi Belt, positioning for near-term gold production with promising assay results.

This development matters because it represents significant progress toward new gold production in one of Canada's most established mining regions, potentially increasing gold supply amid ongoing global demand. For investors, it offers exposure to a near-term production story with advanced exploration assets and existing milling infrastructure, reducing typical development risks. The successful funding round indicates strong market confidence in LaFleur's technical team and project viability, while the planned mill restart could create local economic opportunities in Québec's mining sector. As gold continues to serve as a hedge against inflation and economic uncertainty, new production sources from established jurisdictions like the Abitibi Belt provide important supply diversification.