LaFleur Minerals Secures C$2.88 Million to Advance Quebec Gold Projects

LaFleur Minerals Inc. has successfully completed a fully subscribed non-brokered private placement raising C$2.88 million, demonstrating growing investor confidence in the Canadian gold explorer's development plans. The funding represents a significant milestone for the company as it progresses toward becoming a near-term gold producer in Quebec's mineral-rich Abitibi region. This capital injection comes at a crucial time for the junior mining company as it seeks to capitalize on the region's established gold mining infrastructure and geological potential.

The capital raise is specifically designed to support two critical initiatives: restarting the company's fully permitted Beacon Gold Mill and advancing exploration and drilling efforts at the district-scale Swanson Gold Project. Located in the heart of the renowned Abitibi Greenstone Belt, the Swanson project covers approximately 18,304 hectares (45,230 acres) that the company believes will yield substantial gold deposits based on initial investigations and proximity to existing gold recovery operations. The strategic location near established mining operations provides significant advantages in terms of infrastructure access and operational synergies.

LaFleur anticipates that the Beacon Gold Mill will generate near-term revenues by processing mineralized material from neighboring gold deposits, with potential future production coming from material sourced from its Swanson Gold Deposit located just 60 kilometers away. The company has already completed over seven diamond drill holes on the Swanson project near the Val-d'Or gold district, though assay results remain pending. This dual-track approach allows the company to pursue immediate revenue generation while simultaneously developing its primary asset for long-term production.

The successful funding round comes as the company continues to build on extensive historical data from over 36,000 meters of previous drilling and exploration work. All scientific and technical information has been reviewed and approved by Louis Martin, P.Geo. (OGQ), the company's Exploration Manager and Technical Advisor, who qualifies as a Qualified Person under NI 43-101 standards. Investors can access the latest news and updates relating to LaFleur Minerals through the company's dedicated newsroom at https://ibn.fm/LFLRF. The completion of this private placement positions LaFleur Minerals to accelerate its development timeline and capitalize on the mineral potential of one of Canada's most promising gold districts.