Curated News
By: NewsRamp Editorial Staff
May 12, 2026
LaFleur Minerals Hits Broad Gold Zones at Swanson Project
TLDR
- LaFleur's high-grade gold intercepts at Swanson project indicate expansion potential beyond current resource model.
- Drilling confirmed continuous gold mineralization across historic data gaps, with intercepts up to 2.95 g/t over 80 meters.
- LaFleur's Swanson project and Beacon Mill restart could create jobs and economic growth in Quebec's Abitibi region.
- A 0.5-meter interval graded 232.0 g/t gold, showcasing exceptional local enrichment at Swanson.
Impact - Why it Matters
This news matters because it indicates that LaFleur Minerals is de-risking the Swanson Gold Project, potentially leading to a larger mine and increased production. For investors, strong drill results can boost share value, while for the local community, it could mean job creation and economic benefits. The planned restart of the Beacon Gold Mill also signals progress toward production, which may attract strategic partnerships or financing.
Summary
LaFleur Minerals (CSE: LFLR, OTCQB: LFLRF, FSE: 3WK0) has announced promising results from its ongoing drilling program at the Swanson Gold Project in Québec, revealing broad zones of continuous gold mineralization that could significantly expand the project's resource base beyond current models. Key intercepts include 2.95 g/t gold over 80.0 meters, 2.37 g/t gold over 88.05 meters, and 1.29 g/t gold over 93.85 meters, with drilling targeting previously under-tested areas between 90 and 250 meters vertical depth. The company also identified higher-grade sub-intervals, such as 232.0 g/t gold over 0.5 meters, underscoring the potential for high-grade zones within the broader system.
These results bolster LaFleur's confidence in the scale and continuity of the Swanson deposit, supporting its development plans that include a recently released preliminary economic assessment (PEA) and the planned restart of the 100%-owned Beacon Gold Mill, which has a capacity of over 750 tonnes per day. The company is considering using the mill to process mineralized material from Swanson as well as for custom milling for nearby gold projects. The Swanson Gold Project, spanning approximately 19,214 hectares in the Abitibi Gold Belt, consolidates several deposits including Swanson, Bartec, and Jolin, and is easily accessible by road, enhancing its development potential.
The infill program successfully confirmed mineralization continuity across gaps in historic drilling, strengthening the geological model and providing a solid foundation for advancing the project. LaFleur's mission is to deliver long-term value through district-scale gold projects, with a focus on the Swanson Gold Project and Beacon Gold Mill. The company's recent PEA results (refer to press release dated March 3, 2026) highlight the economic viability of the project. For more details, the full press release is available at https://ibn.fm/9utaN.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, LaFleur Minerals Hits Broad Gold Zones at Swanson Project
