Blockchain Registration Transaction Record

LaFleur Minerals Advances Gold Restart in Québec with Major PEA Progress

LaFleur Minerals reports major progress on its Swanson Gold Project & Beacon Mill restart in Québec, backed by $7.8M financing, as it nears completion of its PEA.

This development matters because it signals a potential near-term increase in gold production from a strategic region, the Abitibi Gold Belt, which is one of the world's most prolific gold-producing areas. For investors, it represents a company moving from exploration/development toward production with a funded plan, leveraging existing infrastructure (the Beacon mill) during a period of high gold prices, which could enhance profitability. For the mining sector and local economy in Québec, it means job creation, economic activity, and the efficient use of an existing permitted asset. For the gold market, successful restarts like this can contribute to supply, albeit modestly at this scale. The focus on scalability and logistics (like rail discussions) suggests a long-term vision for larger operations, which could have more significant regional and market impacts if realized.