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

LaFleur Minerals Inc. has established itself as a notable entity in the mining sector through strategic developments in Québec's Abitibi Gold Belt. The company's acquisition and refurbishment of the Beacon Gold Mill in 2024, supported by an estimated restart budget of C$5-6 million, provides a low-cost pathway to production. This initiative is complemented by the Swanson Gold Project's 2024 mineral resource estimate, which reports 123,400 ounces indicated and 64,500 ounces inferred. A current 5,000-meter drilling program aims to expand this resource toward a target of 1 million ounces.

The company has consolidated 15,290 hectares through acquisitions from Monarch Mining, Abcourt Mines, and Globex Mining, strengthening its foothold in one of the world's most productive gold mining regions. LaFleur's hub-and-spoke development model, centered on the Beacon Mill, not only supports its production objectives but also enables custom milling services for regional partners, fostering collaborative growth and enhancing overall value. This approach is detailed further on the company's corporate page at https://www.lafleurmins.com.

LaFleur's transition from exploration to near-term gold production is guided by a leadership team with over 100 years of combined experience in mining, finance, and capital markets. This strategic shift represents a critical inflection point that could prompt a market re-rating, particularly amid rising gold prices. The company aims to achieve cash flow generation with minimal capital expenditure, targeting annual gold production of 15,000 to 20,000 ounces by early 2026. Project updates and technical reports are accessible via https://www.lafleurmins.com/projects.

The strategic positioning of LaFleur's operations within the Abitabi Gold Belt, combined with Québec's established mining infrastructure, provides a solid foundation for the company's ambition to evolve into an intermediate gold producer. This vision is further supported by opportunities for regional consolidation and strategic partnerships, leveraging the company's assets and expertise to capitalize on favorable market conditions. Additional information on the Beacon Mill's capabilities can be found at https://www.lafleurmins.com/beacon-mill.

LaFleur Minerals Inc.'s progress and strategic initiatives underscore its potential to become a significant contributor to the gold mining industry, presenting investors and stakeholders with a compelling opportunity in a sector demonstrating ongoing resilience and growth potential.