LaFleur Minerals Advances Beacon Gold Mill Restart and Reports High-Grade Results from Swanson Deposit

LaFleur Minerals Inc. has provided a comprehensive update on its operations at the Beacon Gold Mill and Swanson Gold Deposit located in Québec's prolific Abitibi Gold Belt. The company is currently completing mill maintenance activities and planning drilling near the historic Beacon Mine while preparing logistics to restart production using mineralized material from the Swanson Deposit. This restart initiative is supported by an independent evaluation that confirms the mill's readiness for operations within a $5 million budget, while also highlighting that replacement costs for similar infrastructure would exceed C$71.5 million.

The company is also finalizing a comprehensive Preliminary Economic Assessment scheduled for completion by October 2025. At the Swanson Gold Project, LaFleur has completed 24 drill holes totaling 5,283 metres, with initial assays from six holes returning high-grade, near-surface intercepts. These results include step-out extensions that reinforce the deposit's scale, continuity, and open-pit mining potential. The Swanson Gold Project encompasses approximately 18,304 hectares and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining.

LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits along with several other mineral showings. The project's accessibility by road provides direct access to multiple nearby gold mills, significantly enhancing its development potential. The company's fully-permitted and refurbished Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material from Swanson as well as for custom milling operations for other nearby gold projects. Additional information about the company's developments is available through their newsroom at http://ibn.fm/LFLRF.

The advancement of these projects represents significant progress in Québec's mining sector, particularly given the Abitibi Gold Belt's status as one of the world's premier gold-producing regions. The successful restart of the Beacon Gold Mill could provide substantial economic benefits to the local region while demonstrating the viability of revitalizing existing mining infrastructure. The high-grade results from Swanson suggest potential for substantial resource growth, which could position LaFleur Minerals as an emerging player in the Canadian gold mining industry. The combination of near-term production capability through the mill restart and long-term resource development through the Swanson Project creates a compelling value proposition for stakeholders and the broader mining sector.