LaFleur Minerals Inc. Advances Swanson Gold Project and Beacon Mill Restart with Strategic Moves

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) has announced a 5,000-meter diamond drill program at its Swanson Gold Project, located in Québec's prolific Abitibi Gold Belt. This initiative is supported by encouraging exploration results, including high-grade grab samples up to 11.7 g/t Au, and is part of the company's broader strategy to restart its 100%-owned Beacon Gold Mill by early 2026. The identification of over 50 drill targets through geophysical surveys and soil sampling underscores the project's potential to contribute significantly to the region's gold production.

In a strategic move to bolster its project funding and expansion efforts, LaFleur has appointed Peter Espig, a seasoned mining executive, as Strategic Advisor. Espig's expertise in capital markets and mill operations is expected to play a pivotal role in advancing the Swanson Gold Project and the Beacon Mill restart. The company is currently in advanced discussions with institutional and private equity groups to secure the estimated C$5–6 million required for the Beacon Mill's restart, aiming to generate near-term cash flow through bulk sampling and toll milling.

The Swanson Gold Project, encompassing approximately 16,600 hectares, is strategically located near Val-d’Or, Québec, and benefits from excellent infrastructure, including road access and a rail line running through the property. This accessibility enhances the project's development potential and its ability to serve as a hub for processing mineralized material from Swanson and custom milling operations for nearby gold projects. The Beacon Gold Mill, capable of processing over 750 tonnes per day, represents a key asset in LaFleur's portfolio, with its restart poised to significantly impact the local mining sector and contribute to the company's long-term value creation.

LaFleur Minerals Inc.'s latest developments highlight the company's commitment to advancing its mining projects in the Abitibi Gold Belt, a region renowned for its rich gold deposits. The strategic appointment and exploration successes signal a positive trajectory for the Swanson Gold Project and the Beacon Mill restart, with implications for the mining industry, investors, and the broader economy. These efforts not only underscore the potential for substantial gold production but also demonstrate LaFleur's role in fostering economic growth and employment opportunities in Québec's mining sector.