LaFleur Minerals Advances Toward Gold Production in Québec's Abitibi Gold Belt

LaFleur Minerals Inc. has established itself as a notable entity in the mining industry, particularly within Québec's Abitibi Gold Belt. The company's acquisition and refurbishment of the Beacon Gold Mill in 2024, supported by an estimated restart budget of C$5-6 million, provides a low-cost pathway to production. This strategic initiative is bolstered by the Swanson Gold Project's 2024 mineral resource estimate, which reports 123,400 ounces indicated and 64,500 ounces inferred. A 5,000-meter drilling program is currently in progress to expand the resource base toward an ambitious target of 1 million ounces.

The company has consolidated 15,290 hectares through acquisitions from Monarch Mining, Abcourt Mines, and Globex Mining, solidifying its presence in one of the world's most productive gold mining regions. LaFleur's hub-and-spoke development model, centered around the Beacon Mill, not only supports its production objectives but also creates custom milling opportunities for regional partners, enhancing overall value and promoting collaborative growth within the mining sector.

LaFleur's transition from exploration to near-term gold production is supported by a leadership team possessing over 100 years of combined expertise in mining, finance, and capital markets. This transition represents a critical inflection point that could prompt market re-evaluation, particularly amid rising gold prices. The company aims to generate cash flow with minimal capital investment, targeting annual gold production of 15,000 to 20,000 ounces by early 2026.

The strategic positioning of LaFleur's operations within the Abitibi Gold Belt, combined with Québec's established mining infrastructure, provides a strong foundation for the company's vision to evolve into an intermediate gold producer. This vision is further reinforced by potential regional consolidation and strategic partnerships, leveraging the company's assets and expertise to capitalize on favorable market conditions. LaFleur Minerals Inc.'s progress and strategic initiatives demonstrate its potential to become a significant contributor to the gold mining industry, offering stakeholders a compelling opportunity in a sector demonstrating continued resilience and growth potential.