LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) has announced significant progress in its plans to restart production at the Beacon Gold Mill in Val-d'Or, Québec, by early 2026. This initiative is bolstered by a Preliminary Economic Assessment and a comprehensive 5,000-metre diamond drilling program at the nearby Swanson Gold Project. The Beacon Mill, a facility capable of processing 750 tonnes per day, has undergone over C$20 million in upgrades and is fully permitted, positioning it as a key asset in a region rich with gold deposits.
The Swanson Gold Project, which boasts an NI 43-101 mineral resource of 123,400 ounces indicated and 64,500 ounces inferred, is central to LaFleur's strategy. The company is currently finalizing a bulk sample plan involving up to 100,000 tonnes and additional mill enhancements estimated at approximately C$5.6 million. With gold prices exceeding $3,300 per ounce, LaFleur is keen on accelerating its path to production and expanding its resource base through targeted exploration efforts.
Strategically located among numerous gold deposits, the Swanson Gold Project covers approximately 16,600 hectares and includes several prospects rich in gold and critical metals. The project's accessibility by road and a rail line running through the property enhances its development potential, offering direct access to nearby gold mills. LaFleur's fully-refurbished and permitted Beacon Gold Mill is not only considered for processing mineralized material from Swanson but also for custom milling operations for other nearby gold projects.
This development is significant for the mining industry and investors, as it highlights LaFleur Minerals Inc.'s commitment to leveraging high gold prices and strategic assets to deliver long-term value. The restart of the Beacon Gold Mill and the exploration at the Swanson Gold Project could mark a pivotal step in the company's growth and contribute to the broader gold mining sector in Québec.
