LaFleur Minerals Reports Encouraging Early Drilling Results at Swanson Gold Project
TL;DR
LaFleur Minerals' drilling reveals a 17.9-meter mineralized zone, offering investors early advantage in a promising gold district near Val-d'Or.
LaFleur completed seven diamond drill holes totaling 1,764 meters, with samples sent for analysis of geological and geochemical targets up to 3 km from Swanson.
Advancing gold projects in Québec supports local economies and responsible resource development for sustainable community benefits.
LaFleur discovered a sulphide-rich gold zone over 17 meters wide in the Abitibi Greenstone Belt, a globally renowned mining region.
Found this article helpful?
Share it with your network and spread the knowledge!

LaFleur Minerals Inc. has reported encouraging early results from its drilling program at the Swanson Gold Project near Val-d'Or, Québec, with particular attention to a sulphide-rich mineralized zone encountered in recent drill core. The company completed seven diamond drill holes totaling 1,764 meters, with three holes already sampled and sent for laboratory analysis. According to CEO Paul Ténière, the company is very encouraged by the early progress of the Swanson drilling program and the geological and mineralization similarities seen in the recent drill core to the known Swanson Gold Deposit.
The most significant finding appears to be hole SW-025-038, which intersected a sulphide-rich zone measuring at least 17.9 meters wide. This discovery holds importance because sulphide-rich zones often correlate with gold mineralization in the Abitibi region, suggesting potential for expanding known resources. The drilling program targets geological, geophysical, and geochemical targets located up to 3 kilometers from the existing Swanson Gold Deposit, following the strike of a major structural break. This strategic approach aims to identify new mineralization zones along known geological structures that have historically hosted significant gold deposits in the region.
The Swanson Gold Project encompasses approximately 18,304 hectares and includes multiple gold-rich prospects previously held by established mining companies including Monarch Mining, Abcourt Mines, and Globex Mining. The company's recent consolidation of this large land package along the major structural break that hosts the Swanson, Bartec, and Jolin gold deposits enhances the project's exploration potential. Infrastructure advantages further support the project's development potential, with road accessibility providing direct access to several nearby gold mills.
The company's fully permitted and refurbished Beacon Gold Mill, capable of processing over 750 tonnes per day, could potentially process mineralized material from Swanson and serve custom milling operations for other nearby gold projects. Additional information about the company's developments is available at https://ibn.fm/LFLRF. The Abitibi Greenstone Belt represents one of the world's most prolific gold districts, making new discoveries in this region particularly significant for the mining industry. Successful exploration results could contribute to maintaining Québec's position as a leading gold-producing jurisdiction while potentially delivering long-term value through resource development.
Curated from InvestorBrandNetwork (IBN)
