Industry Overview - Gold prices have reached record highs, trading above $3,500 an ounce, driven by a weakening U.S. dollar and expectations of a potential interest rate cut from the Federal Reserve [2] - The surge in gold prices is attributed to inflation concerns, currency pressures, and signs of slowing global growth, suggesting a sustained strength in the market [2] Company Profile: LaFleur Minerals Inc. - LaFleur Minerals Inc. is transitioning from exploration to production at an opportune time, owning a fully permitted and modernized gold mill in Canada’s productive mining region [3] - The company is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d'Or, Québec, with significant potential for long-term value [4] - The Swanson Gold Project spans approximately 16,600 hectares and includes several gold-rich prospects, enhancing its development potential due to its accessibility and proximity to rail lines [4] - LaFleur's Beacon Gold Mill has a processing capacity of over 750 tonnes per day and is being considered for processing mineralized material from the Swanson project and custom milling for nearby projects [4]
LaFleur Minerals Inc. (CSE:LFLR) (OTCQB:LFLRF) (FSE:3WK0) Provides Compelling Proposition for Those Looking to Capitalize on Record Gold Prices
Globenewswire·2025-09-26 18:26