LaFleur Minerals Advances Beacon Gold Mill Restart and Swanson Project Development

LaFleur Minerals Inc. is advancing plans to restart production at its Beacon Gold Mill in Val-d'Or, Québec, targeting early 2026 operations. This initiative gains momentum from a recently completed Preliminary Economic Assessment and an ongoing 5,000-metre diamond drilling program at the company's nearby Swanson Gold Project. The Beacon Mill represents a significant operational asset with capacity to process 750 tonnes per day and has received over C$20 million in upgrades, making it fully permitted and ready for production in a region known for substantial gold deposits.

The Swanson Gold Project serves as the cornerstone of LaFleur's development strategy, featuring an NI 43-101 mineral resource of 123,400 ounces indicated and 64,500 ounces inferred. Company officials are finalizing a bulk sample plan that could involve up to 100,000 tonnes of material, complemented by additional mill enhancements estimated at C$5.6 million. With current gold prices exceeding $3,300 per ounce, LaFleur is accelerating its production timeline while simultaneously working to expand its resource base through targeted exploration activities at https://www.lafleurmaterials.com.

Strategically positioned within the Abitibi Gold Belt, the Swanson Gold Project encompasses approximately 16,600 hectares and contains multiple gold-rich prospects. The property benefits from excellent infrastructure with road access and a rail line running directly through the site, providing efficient transportation options and direct connectivity to nearby gold processing facilities. This geographical advantage significantly enhances the project's development potential and operational efficiency.

LaFleur's Beacon Gold Mill, having undergone comprehensive refurbishment and receiving all necessary permits, is being considered for dual purposes: processing mineralized material from the Swanson Gold Project and potentially serving as a custom milling facility for other gold projects in the region. This approach maximizes the mill's utilization and creates additional revenue streams beyond the company's primary operations. The company's strategic positioning in Québec's established mining jurisdiction provides regulatory certainty and access to skilled labor, further supporting the project's development timeline.

The combination of a fully permitted processing facility, advancing project development, and strong gold market fundamentals creates a compelling value proposition for LaFleur Minerals. The company's integrated approach—combining mill operations with project development—demonstrates a comprehensive strategy to capitalize on current market conditions while building sustainable long-term operations in one of Canada's most prolific gold districts.