LaFleur Minerals Inc. has appointed Paul Ténière, Peter Espig and Jeff Swinoga to its board of directors as the company advances development of the Swanson Gold Project and plans to restart gold production at the Beacon Gold Mill in Québec's Abitibi Gold Belt. The company stated the new directors bring extensive experience across mining operations, capital markets and corporate leadership, supporting governance and strategic oversight during its next phase of project development and planned production restart in Val-d'Or, Quebec. Preet Gill and Harveer Sidhu have resigned from the board effective March 15, 2026.
LaFleur Minerals is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d'Or, Québec. The company's mission is to advance mining projects with a focus on its resource-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is approximately 18,304 hectares in size 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 and several other showings which make up the Swanson Gold Project.
The Swanson Gold Project is easily accessible by road allowing direct access to several nearby gold mills, further enhancing its development potential. LaFleur Minerals' 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 and for custom milling operations for other nearby gold projects. The board appointments signal a strategic move to strengthen oversight as the company transitions toward production, with the Abitibi region being one of the world's most prolific gold mining districts.
This governance change comes as the company prepares for significant operational milestones. The Swanson Gold Project represents a substantial land position in a proven mining jurisdiction, while the Beacon Gold Mill provides existing infrastructure that could accelerate production timelines. The combination of project development and mill restart plans positions LaFleur Minerals to potentially become a near-term gold producer in a region with established mining infrastructure and expertise. The full report on these developments is available at https://ibn.fm/fpfKY, and the latest news and updates relating to the company are available in its newsroom at http://ibn.fm/LFLRF.
The mining industry in Québec has seen renewed investment interest due to favorable geology and supportive regulatory frameworks. LaFleur Minerals' focus on the Abitibi Gold Belt places it in a region that has produced over 200 million ounces of gold historically. The company's approach of combining project development with mill infrastructure could provide operational advantages, including reduced capital requirements and faster time to production compared to greenfield developments. These strategic moves may enhance the company's ability to attract investment and partnerships as it advances toward production decisions.
