Curated News
By: NewsRamp Editorial Staff
February 06, 2026

LaFleur Minerals Drilling Confirms Gold Continuity, Paves Way for Mine Restart

Original Source

TLDR

  • LaFleur Minerals' drilling results confirm strong gold continuity, positioning the company to capitalize on record gold prices with a vertically integrated mine-to-mill model.
  • LaFleur Minerals conducted 60 drill holes over 16,592 meters, providing infill data to eliminate gaps in the resource model and demonstrating gold continuity across the Swanson Deposit.
  • LaFleur Minerals' project development and mill restart create local jobs and economic activity in Canada's mining region while responsibly extracting resources.
  • Gold prices surged 95.6% to near $5,600 per ounce, making LaFleur Minerals' Swanson Gold Project timing particularly advantageous for investors and the company.

Impact - Why it Matters

This news is significant for investors and industry observers as it represents a major step toward reviving a gold production asset in a premier mining jurisdiction. The confirmation of strong gold continuity de-risks the Swanson Project, making the upcoming Preliminary Economic Assessment a highly anticipated catalyst that could quantify the value of this resource. The plan to create a vertically integrated operation—using Swanson ore to feed the nearby Beacon Mill—is a capital-efficient model that could lead to faster cash flow generation compared to building a new mill from scratch. In the context of record-high gold prices, successfully restarting production could position LaFleur to capitalize directly on the strong commodity cycle. For the local economy and the mining sector, it signals the potential reactivation of a significant milling facility and associated jobs, contributing to regional economic activity in Canada's established mining regions.

Summary

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0), a Canadian gold explorer and near-term producer, has announced highly encouraging diamond core drilling assay results from its flagship Swanson Gold Project. The results, which come from 40 drill holes (12 validation and 28 exploration) as part of a larger 60-hole program, demonstrate strong gold continuity across the Swanson Gold Deposit footprint. This data provides critical infill to eliminate gaps in the existing resource model, bolstering confidence in the deposit's scalability and high-grade potential. The project is strategically located at the eastern edge of the prolific Abitibi Greenstone Belt in Canada, encompassing 445 mineral claims and over 18,000 hectares, positioning it as a district-scale asset in a world-class gold region.

The company is now preparing to release a Preliminary Economic Assessment (PEA) within the next month, which will outline the potential economics of developing the Swanson Gold Project. A key component of this strategy is its planned integration with the company's wholly owned, 750-tonne-per-day Beacon Gold Mill, located near the Swanson site. LaFleur is preparing to restart production at this mill, with the Swanson Project anticipated to serve as a long-term source of mill feed, creating a vertically integrated mine-to-mill operation. This development is particularly timely given the robust gold market; the metal recently struck a price record near $5,600 per ounce, a significant increase from the $1,800-$2,000 range when the Beacon Mill's previous owner ceased operations in 2022.

These positive drilling assay results, which you can Read More>> about, are a significant de-risking event for LaFleur Minerals. They strengthen the project's technical foundation just ahead of the pivotal PEA, which will provide a clearer picture of its economic viability. The news is disseminated on behalf of the company by MiningNewsWire (MNW), a specialized communications platform within the Dynamic Brand Portfolio of the Investor Brand Network (IBN). For the latest updates, investors are directed to the company's newsroom. The technical information has been approved by Qualified Person Louis Martin, P.Geo., in accordance with NI 43-101 standards.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, LaFleur Minerals Drilling Confirms Gold Continuity, Paves Way for Mine Restart

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