Curated News
By: NewsRamp Editorial Staff
July 18, 2025

LaFleur Minerals Launches Drilling Program at Swanson Gold Project

TLDR

  • LaFleur Minerals Inc. gains a strategic edge with its fully funded 5,000-metre drilling program and a C$71.5 million valued Beacon Gold Mill, positioning it as a strong contender in Québec's gold mining sector.
  • LaFleur Minerals Inc. has initiated a 5,000-metre diamond drilling program at the Swanson Gold Project, following permit approvals, and expanded its land package to over 18,300 hectares.
  • LaFleur Minerals Inc.'s development of the Swanson Gold Project and Beacon Gold Mill contributes to local economies and advances sustainable mining practices in Québec's Abitibi Gold Belt.
  • Discover how LaFleur Minerals Inc. is transforming Québec's mining landscape with its Swanson Gold Project and a fully permitted mill capable of processing 750 tonnes daily.

Impact - Why it Matters

This news is significant for investors and stakeholders in the mining sector as it highlights LaFleur Minerals' progress in developing its Swanson Gold Project and the potential of its Beacon Gold Mill. The company's strategic expansions and investments in infrastructure position it as a promising player in the gold mining industry, particularly in the resource-rich Abitibi Gold Belt. The commencement of the drilling program and the valuation of the mill underscore LaFleur's operational readiness and financial prudence, making it a noteworthy development for those interested in gold exploration and mining investments.

Summary

LaFleur Minerals Inc., a gold development company operating in Québec, has announced the commencement of a 5,000-metre diamond drilling program at its Swanson Gold Project, following the acquisition of necessary permits. This initiative is fully funded, showcasing the company's commitment to advancing its gold exploration efforts. In addition to the drilling program, LaFleur has completed an independent valuation of its Beacon Gold Mill, revealing the facility's excellent condition with estimated restart costs significantly lower than its replacement value. The company has also expanded its Swanson land package to over 18,300 hectares, reinforcing its position as a junior miner with both a promising gold project and a fully permitted mill in a key mining district. For more details, visit the full press release.

LaFleur Minerals Inc. is dedicated to developing district-scale gold projects in the Abitibi Gold Belt, with a focus on the Swanson Gold Project and the Beacon Gold Mill. The Swanson Gold Project, now encompassing a significant land area, is rich in gold and critical metals, with excellent accessibility and infrastructure, including a rail line through the property. The Beacon Gold Mill, capable of processing over 750 tonnes per day, is being considered for processing mineralized material from Swanson and for custom milling operations, highlighting LaFleur's strategic advantage in the region.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, LaFleur Minerals Launches Drilling Program at Swanson Gold Project

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