Blockchain Registration Transaction Record

LaFleur Minerals Drilling Confirms Gold Continuity, Paves Way for Mine Restart

LaFleur Minerals reports strong gold continuity from Swanson Project drilling, setting stage for PEA & restart of its Beacon Gold Mill. A vertically integrated operation emerges.

This news is significant for investors and industry observers as it represents a major step toward reviving a gold production asset in a premier mining jurisdiction. The confirmation of strong gold continuity de-risks the Swanson Project, making the upcoming Preliminary Economic Assessment a highly anticipated catalyst that could quantify the value of this resource. The plan to create a vertically integrated operation—using Swanson ore to feed the nearby Beacon Mill—is a capital-efficient model that could lead to faster cash flow generation compared to building a new mill from scratch. In the context of record-high gold prices, successfully restarting production could position LaFleur to capitalize directly on the strong commodity cycle. For the local economy and the mining sector, it signals the potential reactivation of a significant milling facility and associated jobs, contributing to regional economic activity in Canada's established mining regions.