LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) is advancing toward near-term gold production as it prepares to restart operations at its Beacon Gold Mill in Quebec's Abitibi Gold Belt. The company plans to process a 100,000-metric-ton bulk sample from its Swanson Gold Project as the initial feed source, targeting its first gold pour in the coming months. With gold prices remaining well above historical levels, LaFleur expects to benefit from strong margins, supported by a preliminary economic assessment (PEA) that anticipates a solid return from the operation.
Recent high-grade drill results at Swanson, ongoing mill upgrades, and additional financing are supporting the company’s plans to restart production, continue exploration, and advance strategic growth initiatives. The Beacon Mill, which has a capacity of over 750 tonnes per day, will also be available for custom milling operations for other nearby gold projects, providing additional revenue streams. The Swanson Gold Project is approximately 19,214 hectares and includes several gold-rich prospects, with the company consolidating a large land package along a major structural break.
LaFleur recently released the results of a positive PEA for the Swanson project and the planned restart of the mill. The company’s focus on district-scale gold assets in the Abitibi region positions it to capitalize on the current strong gold market. For more details, view the full article at https://ibn.fm/ji7Mq. The latest news and updates relating to LFLRF are available in the company’s newsroom at https://ibn.fm/LFLRF.
