LaFleur Minerals Engages ERM for Beacon Gold Mill Preliminary Economic Assessment

LaFleur Minerals Inc. has engaged Environmental Resources Management to complete a Preliminary Economic Assessment supporting the planned restart of its 100%-owned Beacon Gold Mill. The study will focus on using mineralized material primarily from the Company's Swanson Gold Deposit located in Val d'Or, Quebec. This strategic move follows encouraging drilling results at Swanson that indicate continuity and expansion potential within the mineralized system.

ERM's Technical Mining Services Group in Toronto will oversee the comprehensive study, which represents a critical step in advancing the Beacon Mill restart project. The assessment will update the mineral resource estimate, mine plan, and metallurgical testing programs while providing detailed cost estimates for the mill reactivation. The engagement of a globally recognized firm like ERM adds credibility to the project's technical evaluation and economic viability assessment.

The Beacon Gold Mill represents significant infrastructure value for LaFleur Minerals, being fully-permitted and refurbished with capacity to process over 750 tonnes per day. Its strategic location enhances development potential for processing mineralized material from Swanson and potentially serving custom milling operations for other nearby gold projects. The mill's existing permits and refurbished status could potentially accelerate the timeline to production once economic viability is confirmed through the PEA process.

The Swanson Gold Project encompasses approximately 18,304 hectares along a major structural break that hosts multiple gold deposits and showings. This consolidated land package, previously held by established mining companies including Monarch Mining, Abcourt Mines, and Globex Mining, demonstrates the region's mineral potential. The project's accessibility by road provides direct access to several nearby gold mills, further enhancing its development prospects within Quebec's prolific Abitibi Gold Belt region.

The completion of the Preliminary Economic Assessment represents a milestone in advancing both the Swanson Gold Project and the Beacon Mill restart initiative. Positive results from this study could potentially unlock significant value for stakeholders while contributing to regional economic development in Quebec's established mining jurisdiction. The integration of mine development with existing milling infrastructure represents an efficient approach to project advancement that could serve as a model for similar developments in the region.

For investors and industry observers, the engagement of ERM for this critical study signals LaFleur Minerals' commitment to thorough technical evaluation and disciplined project advancement. The company maintains additional information availability through its newsroom at https://ibn.fm/LFLRF, providing stakeholders with ongoing updates regarding project development and corporate milestones.