Curated News
By: NewsRamp Editorial Staff
October 06, 2025
LaFleur Minerals Advances Beacon Gold Mill Restart with ERM Study
TLDR
- LaFleur Minerals gains strategic advantage by engaging ERM for a PEA to restart its Beacon Gold Mill using Swanson Gold Deposit material.
- ERM will update mineral resource estimates, mine plans, and metallurgical testing while providing cost estimates for the Beacon Mill restart.
- This project development creates economic opportunities in Val-d'Or, Quebec while advancing responsible gold mining in the Abitibi Gold Belt.
- LaFleur Minerals consolidates a 183 km² land package with multiple gold deposits near a fully-permitted mill processing 750 tonnes daily.
Impact - Why it Matters
The restart of the Beacon Gold Mill represents a significant development in Quebec's mining sector, potentially creating local employment opportunities and contributing to regional economic growth. For investors, this signals LaFleur Minerals' progression from exploration to potential production phase, which could enhance shareholder value if the economic assessment proves favorable. The project's location in the established Abitibi Gold Belt provides geological confidence, while the mill's capacity for custom milling operations could position LaFleur as a regional processing hub. In the broader context of gold market dynamics, successful project advancement could contribute to global gold supply at a time when new discoveries are becoming increasingly scarce and production costs are rising industry-wide.
Summary
LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) has taken a significant step toward restarting its mining operations by engaging Environmental Resources Management (ERM) to complete a Preliminary Economic Assessment for the Beacon Gold Mill. This strategic move follows encouraging drilling results at the company's Swanson Gold Deposit in Val d'Or, Quebec, which indicate both continuity and expansion potential within the mineralized system. ERM's Technical Mining Services Group in Toronto will oversee the comprehensive study that will update mineral resource estimates, develop mine plans, conduct metallurgical testing programs, and provide crucial cost estimates for restarting the fully-permitted Beacon Gold Mill.
The Swanson Gold Project represents a substantial land package of approximately 18,304 hectares (183 km²) in the prolific Abitibi Gold Belt, featuring several gold-rich prospects previously held by established mining companies including Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has strategically consolidated this extensive land package along a major structural break that hosts multiple gold deposits and showings. The project's accessibility by road provides direct access to several nearby gold mills, significantly enhancing its development potential. The Beacon Gold Mill itself is capable of processing over 750 tonnes per day and is being considered not only for processing mineralized material from Swanson but also for potential custom milling operations serving other nearby gold projects.
This development is part of LaFleur Minerals' broader mission to advance district-scale gold projects in the Abitibi Gold Belt, with a laser focus on their resource-stage Swanson Gold Project and the Beacon Gold Mill. The company's strategic positioning and infrastructure advantages, combined with recent positive drilling results, suggest significant potential for delivering long-term value to stakeholders. The engagement of ERM, a respected environmental and technical consulting firm, adds credibility to the project's advancement timeline and economic viability assessment, marking an important milestone in LaFleur's development strategy within Quebec's established mining jurisdiction.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, LaFleur Minerals Advances Beacon Gold Mill Restart with ERM Study
