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LaFleur Minerals Advances Gold Operations with Mill Restart and Exploration

LaFleur Minerals advances gold exploration in Quebec's Abitibi Belt, restarting Beacon Gold Mill for revenue and completing 24 drill holes with promising assays. PEA expected by October.

This development matters because it represents a strategic advancement in gold exploration and production capabilities within one of the world's most prolific gold districts. For investors, LaFleur's dual approach of generating near-term revenue through custom milling while advancing its own exploration creates multiple value drivers. The company's progress comes at a time when gold remains a critical hedge against economic uncertainty and inflation, with the Abitibi Greenstone Belt historically producing significant gold discoveries. The expanded European market access through Tradegate listing provides additional liquidity and visibility, while the upcoming Preliminary Economic Assessment will provide crucial data for evaluating the project's economic viability. For the mining sector, successful development of new gold resources in established districts like Abitibi helps maintain Canada's position as a global mining leader while creating economic opportunities in Quebec.