LaFleur Minerals Launches 5,000-Metre Drilling Program at Swanson Gold Project

LaFleur Minerals Inc. has initiated a fully funded 5,000-metre diamond drilling program at its Swanson Gold Project following the receipt of necessary permits. This drilling initiative represents a critical advancement phase for the company's gold exploration efforts in Québec, marking a significant step toward assessing the project's commercial potential and progressing toward eventual production. The program's commencement demonstrates the company's continued commitment to developing its mineral assets in one of Canada's most promising mining regions.

Complementing the drilling activities, LaFleur Minerals has completed an independent valuation of its Beacon Gold Mill facility, which revealed the asset is in excellent operational condition. The valuation determined that restarting the mill would require approximately C$4.1 million in investment, a figure that stands in stark contrast to the estimated replacement value exceeding C$71.5 million. This substantial differential underscores the mill's strategic importance to the company's overall operations and future development plans. The Beacon Gold Mill's condition and relatively low restart costs position LaFleur as a uniquely equipped junior mining company with both promising exploration prospects and critical processing infrastructure already in place.

The company has further strengthened its position through the expansion of its Swanson land package to over 18,300 hectares, significantly enhancing its footprint within the prolific Abitibi Gold Belt. This territorial expansion, combined with the strategic advantages presented by the Beacon Gold Mill, substantially improves LaFleur's potential to generate long-term value for its stakeholders. The Swanson Gold Project benefits from excellent infrastructure accessibility, including road and rail connections that facilitate development and future operations. For additional information about LaFleur Minerals Inc. and its various projects, visit https://ibn.fm/I2NF7.

The combination of the fully funded drilling program, the strategically valuable mill asset, and the expanded land position creates a compelling foundation for LaFleur Minerals' growth trajectory in the Canadian mining sector. These developments occur within the context of Québec's established mining jurisdiction, which offers stable regulatory frameworks and supportive infrastructure for mineral exploration and development. The company's multi-faceted approach—combining aggressive exploration with strategic asset optimization—positions it advantageously within the competitive junior mining landscape, particularly given the current economic environment favoring gold as a strategic commodity.