Curated News
By: NewsRamp Editorial Staff
October 13, 2025
LaFleur Minerals Advances Swanson Gold Deposit Toward Production
TLDR
- LaFleur Minerals offers investors strategic advantage with existing infrastructure and gold processing capabilities during record gold prices in Quebec's prolific Abitibi district.
- LaFleur Minerals is exploring 18,304 hectares at Swanson using diamond drilling and plans to restart its 750-metric-ton mill following a completed PEA study.
- LaFleur's vertical integration strategy creates sustainable mining operations that contribute to local economies while responsibly developing Quebec's mineral resources.
- LaFleur Minerals operates in Canada's largest gold producing district with two major gold-bearing structures running through its Swanson Gold Deposit property.
Impact - Why it Matters
This development matters because LaFleur Minerals represents a near-term gold production opportunity in one of the world's most established mining districts at a time when gold prices are hitting record highs. The company's existing infrastructure significantly reduces development timelines and capital requirements compared to greenfield projects, potentially accelerating production and returns for investors. With gold serving as both an industrial commodity and a safe-haven asset during economic uncertainty, successful development of the Swanson deposit could contribute to North American gold supply while offering exposure to the precious metals sector. The restart of the Beacon Gold Mill also represents job creation and economic activity in Quebec's mining sector.
Summary
Gold exploration company LaFleur Minerals (CSE: LFLR, OTCQB: LFLRF) is advancing toward production at its Swanson Gold Deposit in Quebec's prolific Abitibi Gold District, Canada's largest gold-producing region. Two company executives recently appeared on CEO.CA's Inside the Boardroom podcast to discuss their vertically-driven strategy for mining and processing gold ore. The company controls approximately 18,304 hectares (45,230 acres) at Swanson with potential for expansion as they follow mineral structures crossing the site. According to CEO Paul Ténière, "There are two major structures that run through Swanson that host gold and even base metals," highlighting the significant mineralization potential of the property.
LaFleur Minerals stands out in the mining sector with its comprehensive infrastructure already in place, including drilling equipment, a tailings facility, and a 750-metric-ton-capable mill at its nearby Beacon Gold Mill. The company has reported positive returns from its initial diamond drilling program and recently closed a fully subscribed equity offering. As gold prices reach record highs, LaFleur is exploring additional financing structures while completing a Preliminary Economic Assessment (PEA) and preparing to restart its wholly owned mill, which was previously idled by another owner following the post-pandemic gold price decline. The company's progress and strategic positioning are detailed in the InvestorBrandNetwork coverage available through their comprehensive communications platform.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, LaFleur Minerals Advances Swanson Gold Deposit Toward Production
