LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) announced it has entered into an arm’s-length agreement to acquire a 100% interest in the McKenzie East Gold Project, located in Québec’s prolific Val-d’Or mining district. The property is contiguous with the McKenzie Break Gold Deposit owned by Fresnillo plc and benefits from established regional infrastructure, while historical exploration has identified anomalous gold mineralization, including visible gold in drilling.
The acquisition strengthens LaFleur’s land position in the Abitibi Gold Belt, a region known for its rich gold deposits. The McKenzie East project is adjacent to the McKenzie Break deposit, which underscores the potential for additional discoveries. LaFleur plans to advance systematic exploration to define resources and assess potential mill feed for its nearby Beacon Gold Mill, which is capable of processing over 750 tonnes per day. The company acquired the project for $30,000 in cash and 175,000 common shares, subject to exchange approval.
LaFleur Minerals Inc. 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 laser focus on its PEA-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is approximately 19,214 hectares (192 km²) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has 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’ recently refurbished Beacon Gold Mill is being considered for processing mineralized material from Swanson and for custom milling operations for other nearby gold projects. LaFleur recently released the results of a positive Preliminary Economic Assessment (PEA) for the Swanson Gold Project and the planned restart of the Beacon Gold Mill (refer to press release dated March 3, 2026).
The acquisition of the McKenzie East Gold Project could provide additional feed for the Beacon Mill, potentially improving project economics and creating synergies. The proximity to established infrastructure and the known mineralization in the area suggest that the project could be advanced quickly. For investors, this move signals LaFleur’s commitment to expanding its resource base and leveraging its milling capacity. The Val-d’Or district is historically significant, and the addition of the McKenzie East project positions LaFleur to capitalize on the region’s geological potential.
