LaFleur Minerals Advances Toward Gold Production in Québec's Abitibi Gold Belt

TL;DR

LaFleur Minerals Inc. offers investors a strategic advantage with its near-term production plans in Québec’s Abitibi Gold Belt, leveraging record gold prices and a fully permitted mill.

LaFleur Minerals Inc. plans to restart its 750 tpd Beacon Gold Mill by late 2025, aiming for full-scale production of up to 30,000 ounces annually by early 2026.

LaFleur Minerals Inc. contributes to economic growth and job creation in Québec by advancing gold mining projects with a focus on sustainable development and long-term value.

Discover how LaFleur Minerals Inc. is transforming the Abitibi Gold Belt with its Swanson Gold Project and Beacon Gold Mill, set to become a key player in gold production.

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LaFleur Minerals Advances Toward Gold Production in Québec's Abitibi Gold Belt

LaFleur Minerals Inc. is advancing toward gold production in Québec's Abitibi Gold Belt through a strategic approach that leverages its fully permitted Beacon Gold Mill and 100%-owned Swanson Gold Project. The company plans to restart its 750 tonnes per day mill by late 2025, targeting cash flow generation through bulk sampling and custom milling operations. This development comes at an opportune time with gold prices exceeding US$3,300 per ounce, creating favorable market conditions for the company's production initiatives.

The Swanson Gold Project spans 16,600 hectares and contains substantial gold and critical metals resources. LaFleur's current compliant gold resource exceeds 187,000 ounces, providing a solid foundation for the company's production ambitions. The vertically integrated approach allows LaFleur to control the entire production process from mining to milling, creating operational efficiencies and cost advantages. This integrated strategy positions the company to capitalize on the strong gold market while minimizing external dependencies.

LaFleur's production timeline includes achieving full-scale production of up to 30,000 ounces annually by early 2026. This ambitious target reflects the company's confidence in its resource base and operational capabilities. The Beacon Gold Mill's existing permits significantly reduce the regulatory hurdles typically associated with mining projects, enabling a faster path to production. The company's focus on near-term production through bulk sampling provides an intermediate revenue stream while building toward larger-scale operations.

The Abitibi Gold Belt represents one of Canada's most prolific mining districts, with a long history of successful gold production. LaFleur's position in this Tier 1 mining jurisdiction offers geological advantages and established infrastructure. The company's progress marks an important development in the region's mining landscape, adding to Québec's reputation as a world-class mining destination. For additional information about LaFleur Minerals Inc.'s development plans and resource estimates, visit https://ibn.fm/mMIum.

LaFleur's emergence as a production-focused company in the Abitibi Gold Belt comes at a time of sustained strength in gold markets. The combination of permitted infrastructure, substantial resources, and favorable commodity prices creates a compelling investment proposition. The company's vertically integrated model differentiates it from exploration-focused peers, providing multiple pathways to value creation through both near-term cash flow and long-term production growth.

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