LaFleur Minerals Advances Toward Gold Production with Strategic Québec Operations

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 5,000-meter drilling program is currently underway 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 position in one of the world's most prolific gold mining regions. LaFleur's hub-and-spoke development model, centered around the Beacon Mill, not only supports its production objectives but also creates custom milling opportunities for regional partners. This approach enhances value and promotes collaborative growth within the mining community.

LaFleur's transition from exploration to near-term gold production is supported by a leadership team with over 100 years of combined expertise in mining, finance, and capital markets. This strategic shift represents a critical inflection point that could trigger market re-rating, particularly amid rising gold prices. The company aims to generate cash flow with minimal capital outlay, targeting annual gold production of 15,000 to 20,000 ounces by early 2026.

The strategic location of LaFleur's operations in the Abitibi Gold Belt, combined with Québec's established mining infrastructure, provides a solid foundation for the company's vision to evolve into an intermediate gold producer. This vision is further supported by potential regional consolidation and strategic partnerships, leveraging the company's assets and expertise to capitalize on favorable market conditions. LaFleur Minerals' progress and strategic initiatives demonstrate its potential to become a significant contributor to the gold mining industry, offering stakeholders opportunity in a sector showing continued resilience and growth potential.