LaFleur Minerals Advances Gold Mill Restart with $7.8M Financing in Québec

LaFleur Minerals (CSE: LFLR, OTCQB: LFLRF, FSE: 3WK0) has announced significant progress toward restarting gold production at its Beacon Gold Mill in Québec's Abitibi Gold Belt, fueled by a recently completed $7.8 million financing. The company is in the final stages of its Preliminary Economic Assessment (PEA) for the Swanson Gold Deposit, with key advancements including verification drilling, ongoing metallurgical and mill optimization studies, and evaluation of a permitted tailings facility expansion. These developments support a disciplined, capital-efficient plan to restart the 750-tonne-per-day mill, which is scalable to 1,000 tpd under the PEA and potentially 3,000–4,000 tpd long-term, leveraging feed from the nearby Swanson Gold Project. With gold prices currently well above levels from the mill's last operation in 2022, LaFleur is positioning itself to capitalize on favorable market conditions. The company has also engaged in preliminary discussions with Canadian National Railway on rail enhancements to support long-term production and logistics efficiencies, further strengthening its operational framework.

The Swanson Gold Project, a district-scale asset covering approximately 18,304 hectares near Val-d'Or, Québec, includes several gold and critical metals prospects previously held by companies like Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has consolidated a large land package along a major structural break hosting the Swanson, Bartec, and Jolin gold deposits, with the project easily accessible by road and close to several gold mills. The fully permitted and refurbished Beacon Gold Mill is not only slated to process mineralized material from Swanson but is also being considered for custom milling operations for other nearby gold projects, potentially creating additional revenue streams. For more details, readers can view the full press release. The news was disseminated on behalf of LaFleur Minerals and may include paid advertising, with updates available in the company's newsroom.

This announcement highlights LaFleur Minerals' strategic focus on developing its resource-stage Swanson Gold Project and the Beacon Gold Mill, aiming to deliver long-term value through a phased and scalable approach. The company's progress is supported by the specialized communications platform InvestorWire, which is part of the Dynamic Brand Portfolio at IBN, providing advanced wire-grade press release syndication and corporate communications solutions. By leveraging infrastructure advancements and favorable gold prices, LaFleur is advancing toward becoming a significant player in the Québec mining sector, with its initiatives poised to enhance regional economic activity and investor opportunities in the gold market.