LaFleur Minerals Inc. is advancing plans to restart gold production at its Beacon Gold Mill in Quebec's Abitibi Greenstone Belt, with processing of mineralized material from its Swanson Gold Project anticipated to begin in early 2026. The company is currently completing a Preliminary Economic Assessment to guide the production restart, leveraging extensive historical data from over 36,000 meters of drilling at the Swanson site.
The timing coincides with significant gold price appreciation, with the metal trading above $4,000 per ounce this year compared to approximately $1,600 when the Beacon mill ceased operations in 2022. This price environment creates favorable economics for the project's revival, particularly given the high-grade intervals identified at Swanson that appear suitable for open pit mining scenarios.
Both the Swanson Gold Project and Beacon Gold Mill are located in Val-d'Or, Quebec, within the historically productive Abitibi Gold Belt that has yielded more than 190 million ounces of gold. This region represents one of the world's most established and lowest-risk mining jurisdictions, providing regulatory stability and established infrastructure for mining operations.
LaFleur Minerals recently secured additional funding through a flow-through private placement that raised over $1.66 million to support operational activities. The company positions itself as offering investors a de-risked opportunity to participate in Quebec's next phase of gold production growth, combining near-term production potential with fully permitted infrastructure in an active gold camp.
The company's technical information has been reviewed and approved by Louis Martin, P.Geo., who serves as Exploration Manager and Technical Advisor and is considered a Qualified Person under NI 43-101 standards. Additional company updates are available through their newsroom at https://ibn.fm/LFLRF.
This development represents a strategic move to reactivate production capabilities during a period of strong gold prices, utilizing existing assets in one of North America's most proven mining districts. The combination of historical data, permitted infrastructure, and favorable market conditions creates what the company describes as a high-leverage opportunity in the current gold market environment.
