Curated News
By: NewsRamp Editorial Staff
October 28, 2026
LaFleur Minerals Hits 14.96 g/t Gold at Bartec Target in Quebec
TLDR
- LaFleur Minerals' new Bartec gold discovery and C$30M financing talks could give investors an early edge in the Abitibi Gold Belt.
- Drilling at Bartec returned 6.05 g/t gold over 8 meters, with follow-up drilling and an updated resource estimate planned for Q2 2027.
- LaFleur Minerals' exploration and planned gold production at Swanson could support local jobs and economic growth in Quebec's Abitibi region.
- LaFleur Minerals' Bartec target, about five kilometers from the main Swanson deposit, yielded 14.96 g/t gold over three meters.
Impact - Why it Matters
This news matters because a high-grade gold discovery at Bartec could significantly expand LaFleur Minerals’ resource base in the prolific Abitibi Greenstone Belt, one of the world’s most productive gold mining regions. The proximity of the discovery to the main Swanson deposit and the company’s permitted Beacon Gold Mill enhances the potential for near-term development and processing synergies. Furthermore, the proposed C$30 million financing facility with Trafigura Canada, if finalized, would provide crucial capital to accelerate exploration and development, positioning LaFleur to transition from explorer to producer. For investors, this could translate into increased shareholder value and a stronger foothold in the Canadian gold mining sector.
Summary
LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) has announced a new gold discovery at its Bartec target within the Swanson Gold Project in Quebec’s Abitibi Greenstone Belt, signaling potential to expand the project’s existing mineral resources. Drilling at Bartec intersected 6.05 grams per tonne of gold over 8.00 meters, including a higher-grade interval of 14.96 grams per tonne over 3.00 meters. This discovery is located approximately five kilometers from the main Swanson Gold Deposit, and the company has prioritized Bartec for follow-up drilling. Additionally, results from the Jolin and Jackson targets have identified further mineralized zones and extended gold mineralization across the property, underscoring the district-scale potential of the project.
LaFleur Minerals aims to expand its resource base through ongoing exploration, with an updated mineral resource estimate targeted for the second quarter of 2027. In parallel, the company is negotiating a definitive agreement with Trafigura Canada Limited for a proposed prepayment and gold doré offtake financing facility of up to C$30 million, which could support development activities if finalized. The company’s principal assets include the Swanson Gold Project and the wholly owned Beacon Gold Mill, a permitted gold processing facility with a capacity of approximately 750 tonnes per day currently in the final stages of recommissioning. LaFleur intends to leverage the mill to process mineralized material from Swanson and evaluate custom milling opportunities for other regional mining projects.
For more information, visit https://ibn.fm/WXVQW or the company’s website at www.LaFleurMinerals.com. The latest news and updates relating to LFLRF are available in the company’s newsroom at https://ibn.fm/LFLRF.
Source Statement
This curated news summary relied on content distributed by InvestorBrandNetwork (IBN). Read the original source here, LaFleur Minerals Hits 14.96 g/t Gold at Bartec Target in Quebec
