Curated News
By: NewsRamp Editorial Staff
June 22, 2026
LaFleur Minerals Gears Up for Gold Production at Beacon Mill
TLDR
- LaFleur Minerals plans to restart its Beacon Gold Mill to profit from gold prices well above its $2,750 breakeven.
- LaFleur will process a 100,000-tonne bulk sample from Swanson at Beacon Mill, targeting first gold pour with low AISC.
- By restarting production at low cost, LaFleur creates jobs and economic growth in the Abitibi region.
- Gold prices hit $5,600 recently, and LaFleur is restarting its mill to capitalize on record highs.
Impact - Why it Matters
This news matters because LaFleur Minerals is poised to become a near-term gold producer at a time when gold prices are at historically high levels, potentially delivering significant returns for investors. The company's low-cost operations and strategic positioning in the Abitibi Gold Belt could set a precedent for junior miners aiming to capitalize on favorable market conditions. For investors, this represents an opportunity to gain leveraged exposure to gold price appreciation through a producing company with strong margins.
Summary
Near-term gold producer LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) is preparing to restart production at its Beacon Gold Mill, located in the prolific Abitibi Gold Belt, using a 100,000-metric tonne bulk sample from its nearby Swanson Gold Project as a feed source for its first gold pour. With gold prices currently trading in the $4,400 to $4,500 range, the company expects to generate healthy revenue well above its base case of $2,750 per ounce, while maintaining an all-in sustaining cost of just under $1,600 per ounce. This favorable margin positions LaFleur to capitalize on the robust gold market, which has seen prices surge from record highs near $3,400 last year to recent peaks around $5,600, driven by shifting central bank policies and international tensions.
LaFleur’s strategic moves include the acquisition of mining projects and development of its facilities, underscored by a recent agreement to increase the aggregate gross proceeds of a secured “bought deal” public offering. The company is leveraging its low-cost operational plans to maximize profitability in the current high-price environment. Investors can track the latest news and updates relating to LFLRF in the company’s newsroom at https://ibn.fm/LFLRF.
This news was disseminated on behalf of LaFleur Minerals Inc. and may include paid advertising. All scientific and technical information has been reviewed by Louis Martin, P.Geo., a Qualified Person under NI 43-101. Rocks & Stocks, a specialized communications platform delivering deep insights into the mining industry, provided this content. Rocks & Stocks is part of the Dynamic Brand Portfolio @ IBN, which offers services including press release distribution via InvestorWire, editorial syndication to 5,000+ outlets, and social media distribution. For more, visit RocksAndStocks.news.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, LaFleur Minerals Gears Up for Gold Production at Beacon Mill
