LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) has issued a report sustaining the results of its Preliminary Economic Assessment (PEA), which the company announced earlier in March. The PEA supports LaFleur's financial strategy and provides guidance as it anticipates near-term operational profits. The company has filed an independent technical report prepared in accordance with National Instrument 43-101, following the PEA's findings and additional reports outlining the company's assets.
LaFleur Minerals is a junior Canadian near-term gold producer preparing to restart its 100%-owned gold mill to process material from its nearby Swanson Gold Deposit in the prolific Abitibi gold mining region of eastern Canada. The mill will receive material from the Swanson deposit, which has expanded to 19,214 hectares (47,479 acres). The company anticipates a low-CapEx project with robust economics based on the PEA results, current gold market conditions, established mill infrastructure, and a wealth of historical exploration work, including 18,000 metres of drilling at Swanson in 2025.
The company's strategic acquisition of assets during the past couple of years represents an exciting opportunity for shareholders, even amid market fluctuations. The PEA results affirm the viability of the project, positioning LaFleur for near-term production and potential profitability. Qualified Person Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor, has reviewed and approved all scientific and technical information contained in this article.
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