MTI(US:MTX) Newsfile·2025-10-06 13:29Core Viewpoint - LaFleur Minerals is advancing plans to restart gold production at its Beacon Gold Mill using material from its Swanson Gold Deposit, capitalizing on high gold prices and a strategic location in the Abitibi Greenstone Belt [1][2][14]. Group 1: Project Overview - The company has engaged Environmental Resources Management (ERM) to conduct a Preliminary Economic Assessment (PEA) for the Beacon Gold Mill restart, focusing on mineralized material from the Swanson Gold Deposit [1][3]. - The Beacon Gold Mill was last operational in 2022 when gold prices were at US$1,600 per ounce, and the current gold price exceeds US$3,800 per ounce, indicating significant economic potential for the restart [2][4]. - The PEA will include updates on mineral resource estimates, open-pit mine plans, and cost assessments for restarting the mill [3][5]. Group 2: Technical and Economic Aspects - The PEA will provide a realistic cost estimate based on operational data from 2022, which will help in understanding costs across mining, milling, and tailings operations [5][11]. - The Beacon Gold Mill has undergone over C$20 million in upgrades, enhancing its readiness for a production restart [4][11]. - The company plans to conduct definition drilling at the Swanson Gold Deposit to confirm and refine mineral resource estimates, which will support the PEA [8][9]. Group 3: Logistics and Infrastructure - The Swanson Gold Deposit is located approximately 60 kilometers from the Beacon Gold Mill, making it an ideal source for mineralized material transportation [13][21]. - The company is exploring toll milling options from other regional deposits, further enhancing its operational flexibility [2][21]. - The PEA will also include an ore-sorting study to optimize material processing and reduce costs associated with trucking and waste rock processing [11][12]. Group 4: Market Position and Future Outlook - LaFleur Minerals aims to differentiate itself from junior gold exploration companies by being a fully functional and vertically integrated gold mining company [2][14]. - The company is positioned to unlock significant value for shareholders by advancing its projects in a favorable gold market environment [14][19]. - A site visit for analysts and investors has generated positive feedback, indicating strong market interest in the company's initiatives [16].