Curated News
By: NewsRamp Editorial Staff
November 04, 2025

LaFleur Minerals Advances Swanson Gold Drilling Amid Record Prices

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Original Source

TLDR

  • LaFleur Minerals' drilling program positions the company to capitalize on record gold prices above $4,000 per ounce through vertically integrated production.
  • LaFleur Minerals is conducting a 10-hole twinned-hole drilling program to validate historical data, confirm mineralization continuity, and enhance the Mineral Resource Estimate.
  • LaFleur Minerals' project development in Québec's Abitibi Gold Belt aims to create long-term economic value and sustainable mining operations for local communities.
  • LaFleur Minerals controls an 18,304-hectare gold project with a fully-permitted mill capable of processing over 750 tonnes of material daily.

Impact - Why it Matters

This development represents a strategic move in the gold mining sector at a time when gold prices have reached unprecedented levels above $4,000 per ounce. For investors and industry observers, LaFleur's progress signals potential near-term production capability through their vertically integrated model combining the Swanson deposit with the ready-to-operate Beacon Mill. The validation of historical drilling data and resource enhancement work could significantly de-risk the project while positioning the company to capitalize on strong market conditions. In the broader context of gold's role as both an investment safe haven and industrial commodity, successful development of this Québec-based project could contribute to North American gold supply chains and provide exposure to one of the world's most productive mining regions—the Abitibi Gold Belt. The custom milling potential of the Beacon facility adds additional revenue diversification beyond the company's own production, creating multiple value drivers for stakeholders.

Summary

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) has announced significant progress on its twinned-hole drilling program at the Swanson Gold Deposit, marking a crucial step toward restarting gold production at the company's fully owned Beacon Gold Mill. The comprehensive 10-hole program, guided by Environmental Resources Management (ERM), serves multiple strategic purposes: validating historical drilling data, confirming the continuity and scale of the mineralized system, collecting core samples for essential metallurgical testing, and ultimately enhancing the current Mineral Resource Estimate. CEO Paul Teniere emphasized that this work positions LaFleur to capitalize on record gold prices exceeding $4,000 per ounce through a vertically integrated production scenario that seamlessly connects the Swanson deposit with the Beacon processing facility.

The company's strategic focus centers on developing district-scale gold projects within the prolific Abitibi Gold Belt near Val-d'Or, Québec, with the Swanson Gold Project representing a massive 18,304-hectare land package rich in gold and critical metals. This consolidated territory includes multiple prospects previously held by industry players like Monarch Mining, Abcourt Mines, and Globex Mining, featuring the Swanson, Bartec, and Jolin gold deposits along a major structural break. The project's excellent road accessibility provides direct access to several nearby gold mills, significantly enhancing its development potential. Meanwhile, LaFleur's fully-permitted and refurbished Beacon Gold Mill stands ready with a processing capacity exceeding 750 tonnes per day, positioned not only to handle mineralized material from Swanson but also to serve as a custom milling operation for other nearby gold projects, creating multiple revenue streams.

This announcement was disseminated through the Investor Brand Network's specialized communications platform Rocks & Stocks, which provides deep insights into the mining industry through its comprehensive distribution network. The platform offers clients extensive reach through wire solutions via InvestorWire, article syndication to over 5,000 outlets, enhanced press release services, and broad social media distribution through IBN's millions of followers. For investors seeking the latest updates, the company maintains an active newsroom accessible through the provided link, while Rocks & Stocks continues to serve as a convergence point for breaking news, insightful content, and actionable information in the mining sector, cutting through market overload to deliver unparalleled recognition and brand awareness for its clients.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, LaFleur Minerals Advances Swanson Gold Drilling Amid Record Prices

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