Curated News
By: NewsRamp Editorial Staff
February 13, 2026
LaFleur Minerals Nears Gold Production with Mill Upgrades in Abitibi Belt
TLDR
- LaFleur Minerals' imminent PEA completion and mill upgrades position investors to capitalize on gold production in the historic Abitibi Belt, offering early entry advantages.
- LaFleur Minerals is upgrading its Beacon Gold Mill to process 1,000+ tonnes daily from its Swanson Gold Deposit, guided by a pending PEA on 18,000 hectares of claims.
- LaFleur Minerals' gold production restart in Quebec contributes to local economic development while responsibly utilizing resources in a historically significant mining region.
- LaFleur Minerals operates in Canada's Abitibi Greenstone Belt, where over 300 million ounces of gold have been historically produced, making it a premier mining district.
Impact - Why it Matters
This news matters because it signals LaFleur Minerals' transition from exploration to near-term gold production, which could significantly impact its valuation and attract investor interest in the junior mining sector. The Abitibi Greenstone Belt is one of the world's most prolific gold regions, and successful production here often leads to increased market confidence and potential partnerships. For investors, early-stage producers like LaFleur offer high-growth opportunities, though they come with risks typical of mining ventures. Additionally, the use of existing infrastructure (the Beacon Gold Mill) reduces capital costs and accelerates timelines, making this a strategically efficient move. In the broader context, new gold production contributes to global supply, which is relevant given ongoing economic uncertainties and gold's role as a safe-haven asset. The company's progress also highlights the ongoing vitality of Canadian mining, supporting local economies and the industry's technological advancements.
Summary
LaFleur Minerals Inc. (CSE: LFLR, OTCQB: LFLRF, FSE: 3WK0), a gold explorer and near-term producer, is advancing toward initial gold production at its Beacon Gold Mill in Quebec's prolific Abitibi Greenstone Belt. The company is completing a Preliminary Economic Assessment (PEA) to guide operations and is upgrading its wholly-owned Beacon Gold Mill to potentially increase capacity from 750 to over 1,000 tonnes per day, with plans to restart operations next quarter. CEO Paul Ténière detailed these developments in a recent webinar hosted by Red Cloud Securities, emphasizing the strategic positioning of the mill to process feedstock primarily from LaFleur's nearby Swanson Gold Deposit while potentially serving other area miners.
The company's core asset is the Swanson Gold Project, comprising 445 mineral claims and one mining lease spanning more than 18,000 hectares (approximately 44,500 acres) in the historically rich Abitibi region, which has yielded over 300 million ounces of gold. The project hosts multiple gold targets, with the Swanson Gold Deposit being the primary focus for initial production. LaFleur's progress is being covered by Rocks & Stocks, a specialized communications platform within the Dynamic Brand Portfolio of IBN (InvestorBrandNetwork), which provides extensive distribution through InvestorWire and syndication to over 5,000 outlets, ensuring broad market visibility.
Investors can access further details through the company's newsroom and are encouraged to Read More about LaFleur's preparations for gold production. The technical information has been reviewed and approved by Qualified Person Louis Martin, P.Geo., underscoring the project's credibility. This development marks a significant step for LaFleur as it transitions from exploration to production, leveraging existing infrastructure in one of the world's most renowned gold districts, potentially creating near-term value for stakeholders and contributing to regional economic activity in Eastern Canada.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, LaFleur Minerals Nears Gold Production with Mill Upgrades in Abitibi Belt
