LaFleur Minerals Inc. has commissioned a Preliminary Economic Assessment from global environmental consultant Environmental Resources Management to evaluate restarting gold production at its Beacon Gold Mill in Quebec's Abitibi Greenstone Belt. The PEA will assess the technical and economic viability of resuming operations at the fully permitted facility, which forms part of LaFleur's vertically integrated resource strategy that includes both the mill and nearby exploration operations in Canada's largest gold-producing district.
The company's assets feature the Beacon Gold Mill along with a fully permitted tailings storage facility, creating a comprehensive mining operation positioned to control the entire production process from extraction to processing within one of North America's most established mining regions. Recent drilling activities at the 18,304-hectare Swanson site have yielded promising results with assays showing high-grade, near-surface intercepts, strengthening the project's technical foundation as the Swanson Gold Deposit is located just 60 kilometers from the company's gold mill.
Financial backing for the planned restart comes from LaFleur's recent fully subscribed equity offering and other planned financing opportunities, which are expected to provide the capital needed for launching gold production anticipated for early next year. The company maintains its newsroom at https://ibn.fm/LFLRF where investors can access the latest updates and developments regarding the project's progression.
The engagement of Environmental Resources Management brings technical expertise to the PEA process, underscoring the company's commitment to thorough evaluation and sustainable development practices. The assessment will specifically examine the economic potential of using mineralized material from the nearby Swanson Gold Deposit in Val-d'Or to feed the Beacon Gold Mill, leveraging the region's established infrastructure and mining-friendly jurisdiction that has historically supported successful mining operations.
This development represents a strategic transition for LaFleur Minerals as it moves from exploration to near-term production status within the historically productive Abitibi Greenstone Belt, one of Canada's most significant gold regions. The restart of the Beacon Gold Mill could contribute to the continued vitality of Quebec's mining sector while creating economic opportunities throughout the region through renewed mining activity and associated employment.
