LaFleur Minerals Advances Swanson Gold Deposit Drilling Program to Support Production Restart
TL;DR
LaFleur Minerals' drilling program positions the company to capitalize on record gold prices above $4,000 per ounce through vertically integrated production.
LaFleur Minerals is conducting a 10-hole twinned-hole drilling program to validate historical data, confirm mineralization continuity, and enhance the Mineral Resource Estimate.
LaFleur Minerals' project development in Québec's Abitibi Gold Belt aims to create long-term economic value and sustainable mining operations for local communities.
LaFleur Minerals controls an 18,304-hectare gold project with a fully-permitted mill capable of processing over 750 tonnes of material daily.
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LaFleur Minerals Inc. has announced progress on its twinned-hole drilling program at the Swanson Gold Deposit to support a Preliminary Economic Assessment for restarting gold production at the company's wholly owned Beacon Gold Mill. The 10-hole program is designed to validate historical drilling, confirm the continuity and scale of the mineralized system, collect core samples for metallurgical testing, and enhance the current Mineral Resource Estimate.
CEO Paul Teniere stated that the work, guided by Environmental Resources Management, aims to confirm data forming the basis of the resource model and position LaFleur to capitalize on record gold prices above $4,000 per ounce through a vertically integrated production scenario linking Swanson and Beacon. The company's latest news and updates relating to LFLRF are available in the company's newsroom at https://ibn.fm/LFLRF.
The Swanson Gold Project represents a significant land package in the Abitibi Gold Belt near Val-d'Or, Québec, covering approximately 18,304 hectares and including several prospects rich in gold and critical metals. LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings which make up the Swanson Gold Project.
The project's accessibility by road allows direct access to several nearby gold mills, further enhancing its development potential. LaFleur Minerals' fully-permitted and refurbished Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material from Swanson and for custom milling operations for other nearby gold projects.
The company's mission focuses on advancing mining projects with particular emphasis on the resource-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value. The current drilling program represents a critical step toward validating the historical data that will form the foundation for the Preliminary Economic Assessment and subsequent production decisions. For more information about Rocks & Stocks, the specialized communications platform delivering insights into the mining industry, visit https://RocksAndStocks.news.
Curated from InvestorBrandNetwork (IBN)
