Curated News
By: NewsRamp Editorial Staff
June 23, 2025
LaFleur Minerals Advances Beacon Gold Mill Restart with Swanson Project Drilling
TLDR
- LaFleur Minerals Inc. is set to gain a competitive edge by restarting production at the Beacon Gold Mill by 2026, leveraging high gold prices and strategic location near rich deposits.
- LaFleur Minerals Inc. plans to restart the Beacon Gold Mill by 2026, supported by a Preliminary Economic Assessment and a 5,000-metre drilling program at the Swanson Gold Project.
- LaFleur Minerals Inc.'s initiative to restart the Beacon Gold Mill contributes to local economies and advances sustainable mining practices in Québec's Abitibi Gold Belt.
- Discover how LaFleur Minerals Inc. is transforming the Abitibi Gold Belt with its Beacon Gold Mill restart and Swanson Gold Project exploration.
Impact - Why it Matters
The restart of the Beacon Gold Mill and the development of the Swanson Gold Project by LaFleur Minerals Inc. represent significant steps forward in the mining sector, particularly in the Abitibi Gold Belt. With gold prices at historic highs, these initiatives could not only enhance LaFleur's position in the market but also contribute to the local economy and the global gold supply. Investors and stakeholders in the mining industry should pay close attention to these developments, as they signal potential growth and profitability in a sector that is increasingly vital to the global economy.
Summary
LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) is making significant strides towards restarting production at its Beacon Gold Mill in Val-d’Or, Québec, targeting early 2026. This initiative is bolstered by a Preliminary Economic Assessment and a 5,000-metre diamond drilling program at the Swanson Gold Project. The Beacon Mill, a 750 tpd facility with over C$20 million in upgrades, is fully permitted and strategically positioned near gold-rich deposits, including Swanson, which boasts an NI 43-101 mineral resource of 123,400 oz indicated and 64,500 oz inferred. LaFleur is also working on a bulk sample plan of up to 100,000 tonnes and additional mill enhancements worth ~C$5.6 million. With gold prices soaring above $3,300/oz, the company is keen on accelerating production and expanding its resource base through focused exploration. For more details, visit https://ibn.fm/Sel8j.
LaFleur Minerals Inc. is dedicated to developing district-scale gold projects in the Abitibi Gold Belt, with a particular focus on the Swanson Gold Project and the Beacon Gold Mill. The Swanson Gold Project, spanning approximately 16,600 hectares, is rich in gold and critical metals and benefits from excellent accessibility, including a rail line that enhances its development potential. The Beacon Gold Mill, capable of processing over 750 tonnes per day, is being considered for processing mineralized material from Swanson and for custom milling operations for nearby projects. For further information, visit https://lafleurminerals.com/.
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 Swanson Project Drilling
