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

LaFleur Minerals Inc. has established itself as a notable entity in the mining sector through strategic developments in 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 initiative is complemented by the Swanson Gold Project's 2024 mineral resource estimate, which includes 123,400 ounces indicated and 64,500 ounces inferred. A current 5,000-meter drilling program aims to expand this resource toward the ambitious target of 1 million ounces.

The company has consolidated 15,290 hectares through acquisitions from Monarch Mining, Abcourt Mines, and Globex Mining, strengthening its position 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. This approach enhances overall value and promotes collaborative growth within the mining district.

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 strategic shift represents a critical inflection point that could prompt market re-evaluation, particularly given the context of rising gold prices. The company aims to generate cash flow with minimal capital investment, targeting annual gold production between 15,000 and 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 solid 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 that leverage the company's assets and expertise to capitalize on favorable market conditions. The company'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 showing continued resilience and growth potential.