Curated News
By: NewsRamp Editorial Staff
February 20, 2026

LaFleur Minerals Nears Gold Production in Canada's Abitibi Belt

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Original Source

TLDR

  • LaFleur Minerals' $7.8 million financing and upcoming PEA provide investors early entry into a near-term gold producer with a strategic mine-to-mill model in Canada's top gold region.
  • LaFleur Minerals is upgrading its Beacon Gold Mill to process 750 tpd from its Swanson Project's 2.11 million metric tons at 1.8 g/t gold, with a PEA due by March.
  • LaFleur Minerals' responsible gold production in Eastern Canada supports regional economic development while meeting global demand for ethically sourced precious metals.
  • LaFleur Minerals is reviving gold production in Canada's historic Abitibi Greenstone Belt, processing 123,400 ounces from a strategic deposit just 18 months after going public.

Impact - Why it Matters

This news matters because it signals the advancement of a new gold production source in one of the world's most established mining regions, the Abitibi Greenstone Belt. For investors, LaFleur's progress—including a substantial financing round and an imminent Preliminary Economic Assessment—represents a critical de-risking phase for a junior miner, potentially affecting stock valuation and sector interest. The company's integrated mine-to-mill model, combining the Swanson Gold Project with the Beacon Gold Mill, could enhance operational efficiency and reduce costs, setting a precedent for similar projects. In a broader context, successful gold production here would contribute to Canada's gold output, support local economies, and offer a new investment opportunity in a commodity often sought as a hedge against economic uncertainty. The involvement of platforms like MiningNewsWire and IBN also underscores the importance of specialized financial communications in bringing such developments to market attention.

Summary

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF), a gold explorer and near-term producer, is advancing toward gold production in Canada's prolific Abitibi Greenstone Belt. The company's strategy centers on its flagship Beacon Gold Mill, a 750-ton-per-day facility undergoing final upgrades and refurbishments, and its district-scale Swanson Gold Project, which will provide ore feed through a mine-to-mill model. Key developments include the completion of an oversubscribed $7.8 million financing to support the final push toward production and the anticipated release of a Preliminary Economic Assessment (PEA) by March. This PEA will be based on a current indicated mineral resource estimate of 2.11 million metric tons grading 1.8 grams per ton of gold, containing approximately 123,400 ounces of gold, and represents a major de-risking milestone for the project.

According to CEO Paul Ténière, LaFleur has assembled a "technically differentiated and strategically rare asset base" in a short timeframe since its public listing approximately 18 months ago. The company's operations are strategically located within Canada's largest gold-producing region, positioning it to potentially restart gold production at its wholly owned Beacon Gold Mill. For the latest updates, investors can visit the company's newsroom, and to stay informed on sector developments, they can explore the specialized communications platform MiningNewsWire, which is part of the broader Dynamic Brand Portfolio managed by IBN (InvestorBrandNetwork). This platform provides extensive distribution and corporate communications solutions for the mining sector.

The news release, disseminated on behalf of LaFleur Minerals, highlights the company's progress and includes important disclaimers and qualified person statements, with scientific and technical information reviewed by Louis Martin, P.Geo. For those seeking more detailed information, the full article is available to Read More on the MiningNewsWire website. This development is significant for investors and industry watchers tracking junior mining companies advancing projects in established, high-potential mining districts like the Abitibi Belt.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, LaFleur Minerals Nears Gold Production in Canada's Abitibi Belt

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