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LaFleur Minerals Inc. (CSE:LFLR) (OTCQB:LFLRF) Location, Mill Creates Strategic Advantage in Ongoing Gold Rally
Globenewswire·2025-06-26 12:30

Industry Overview - Gold prices have surged beyond US$3,300 per ounce in early 2025, driven by unstable U.S. fiscal policy and rising inflation, with forecasts suggesting prices could reach US$4,000 within the next 12 to 18 months [2][3] - This environment has placed gold-focused stocks and Canadian producers in the spotlight, offering significant leverage to rising gold prices [2] Company Profile: LaFleur Minerals Inc. - LaFleur Minerals Inc. operates in Canada's most productive gold region and has a fully permitted gold mill, positioning the company for near-term production and exposure to the ongoing gold rally [3] - The company is focused on developing district-scale gold projects in the Abitibi Gold Belt near Val-d'Or, Québec, with a particular emphasis on the Swanson Gold Project and the Beacon Gold Mill [3] - The Swanson Gold Project spans approximately 16,600 hectares and includes several gold-rich prospects previously held by other mining companies, enhancing its development potential [3] - LaFleur's Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material from the Swanson project as well as custom milling for nearby gold projects [3]