LaFleur Minerals Advances Beacon Gold Mill Restart and Swanson Gold Project Development

LaFleur Minerals Inc. is making significant strides toward restarting production at its Beacon Gold Mill in Val-d'Or, Québec, by early 2026. This initiative is bolstered by a Preliminary Economic Assessment and a 5,000-metre diamond drilling program at the nearby Swanson Gold Project. The Beacon Mill, a facility capable of processing 750 tonnes per day, has undergone over C$20 million in upgrades and is fully permitted, positioning it as a key asset in a region rich with gold deposits.

The Swanson Gold Project, which boasts an NI 43-101 mineral resource of 123,400 ounces indicated and 64,500 ounces inferred, is central to LaFleur's strategy. The company is finalizing a bulk sample plan involving up to 100,000 tonnes and additional mill enhancements estimated at C$5.6 million. With gold prices currently above $3,300 per ounce, LaFleur is keen to expedite its production timeline and broaden its resource base through focused exploration efforts.

Located in the Abitibi Gold Belt, the Swanson Gold Project spans approximately 16,600 hectares and includes several gold-rich prospects. The project's accessibility by road and a rail line running through the property enhances its development potential, offering direct access to nearby gold mills. LaFleur's Beacon Gold Mill, fully refurbished and permitted, is being considered not only for processing mineralized material from Swanson but also for custom milling operations for other gold projects in the vicinity.

This strategic move by LaFleur Minerals Inc. underscores the company's commitment to leveraging its assets in a favorable gold market, aiming to deliver long-term value through the development of its Swanson Gold Project and the Beacon Gold Mill. The combination of a permitted, upgraded processing facility and a substantial gold resource in a mining-friendly jurisdiction creates significant potential for near-term production and revenue generation.