LaFleur Minerals Advances in Abitibi Gold Belt with Swanson Project and Beacon Mill Restart

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) is making significant strides in the Abitibi Gold Belt with its Swanson Gold Project and the near-term restart of its Beacon Gold Mill. The company has consolidated a strategic land package, including acquisitions from Monarch Mining, Abcourt Mines, and Globex Mining, positioning itself as a key player in the region. With a 2024 mineral resource estimate of 123,400 oz indicated and 64,500 oz inferred at the Swanson Gold Project, and a 5,000-meter drilling program underway, LaFleur is on a path to potentially grow its resource to 1 million ounces. The Beacon Gold Mill, acquired in 2024 and recently refurbished, offers a low-cost production restart with an estimated budget of C$5-6 million, aiming for annual gold production of 15,000 to 20,000 ounces by early 2026. LaFleur's hub-and-spoke model and experienced leadership team underscore its transition from exploration to production, leveraging Québec's rich mining infrastructure and rising gold prices for growth.

LaFleur Minerals is not just focusing on its own projects but also offering custom milling opportunities to regional projects, which could generate additional cash flow with minimal capital outlay. This strategy, combined with the company's vision to become an intermediate gold producer, highlights its potential for regional consolidation and strategic partnerships. The company's progress is supported by a seasoned team with over 100 years of combined expertise in mining, finance, and capital markets. For investors and stakeholders, LaFleur's developments represent a compelling opportunity in the gold sector, especially in the current market conditions. Read More>> and stay updated with the latest news at https://ibn.fm/LFLRF.