Curated News
By: NewsRamp Editorial Staff
November 06, 2025

LaFleur Minerals Launches Key Drilling Program at Swanson Gold Project

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TLDR

  • LaFleur Minerals' drilling program positions the company to capitalize on record gold prices by advancing toward near-term production at its Swanson Gold Deposit.
  • LaFleur Minerals is conducting a 10-hole confirmation drilling program to validate historical results and strengthen the geological model for its Swanson Gold Project.
  • LaFleur Minerals' project development in Québec supports regional economic growth while advancing responsible gold production during favorable market conditions.
  • LaFleur Minerals' 18,304-hectare Swanson Gold Project includes multiple historic deposits and a fully-permitted mill capable of processing 750 tonnes daily.

Impact - Why it Matters

This development matters because it represents significant progress toward bringing new gold production online during a period of record-high gold prices. For investors, LaFleur's confirmation drilling program provides critical validation of historical results and moves the company closer to restarting operations at its fully-permitted Beacon Gold Mill. The timing is particularly strategic given current market conditions favoring gold producers. For the mining sector, successful development of the Swanson Gold Project could contribute to Québec's position as a major gold-producing region while creating economic opportunities in the Val-d'Or area. The project's scale and infrastructure advantages position it as a potentially significant contributor to North American gold supply at a time when global gold demand remains strong.

Summary

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) has launched an ambitious 10-hole confirmation drilling program at its Swanson Gold Deposit in the prolific Val-d'Or region of Québec, marking a significant advancement toward near-term gold production. The program, conducted by Environmental Resources Management, represents a crucial step in validating historical drill results, strengthening the geological model, and providing fresh core samples for comprehensive metallurgical testing. CEO Paul Teniere emphasized that this work positions the company to capitalize on current record gold market prices, with assay results from the twinned holes anticipated in the coming weeks. This drilling initiative directly supports the development of a Preliminary Economic Assessment for restarting operations at LaFleur's fully-permitted Beacon Gold Mill, which stands ready to process over 750 tonnes of material daily.

The Swanson Gold Project encompasses an impressive 18,304 hectares (183 km²) land package along a major structural break that hosts multiple gold deposits and showings, including the Swanson, Bartec, and Jolin deposits. This strategically located project benefits from excellent road accessibility and proximity to several gold mills, significantly enhancing its development potential. LaFleur Minerals has consolidated this substantial land package from previous holders including Monarch Mining, Abcourt Mines, and Globex Mining, creating a district-scale opportunity in the renowned Abitibi Gold Belt. The company's mission focuses on advancing resource-stage projects with the Swanson Gold Project and Beacon Gold Mill at the forefront, both offering substantial potential for long-term value creation through both internal development and potential custom milling operations for nearby gold projects.

This news dissemination comes through the MiningNewsWire platform, which operates within the extensive Dynamic Brand Portfolio managed by IBN (InvestorBrandNetwork). MiningNewsWire specializes in communications for the global mining and resources sectors, providing comprehensive distribution services including wire solutions via InvestorWire, article syndication to over 5,000 outlets, enhanced press release features, and social media distribution to millions of followers. The platform serves as a convergence point for breaking news, insightful content, and actionable information in the mining industry, helping companies like LaFleur Minerals reach targeted audiences of investors, journalists, and industry professionals effectively.

Source Statement

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

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