LaFleur Minerals Bolsters Executive Team and Announces Webinar to Present Positive PEA for Beacon Gold Mill Restart

Core Viewpoint - LaFleur Minerals Inc. has appointed three new directors to its Board, enhancing its expertise in the gold mining industry and capital markets as it advances its Swanson Gold Project and plans to restart production at the Beacon Gold Mill in Québec [1][2][4]. Board Appointments - Paul Ténière has been appointed as CEO, bringing over 25 years of experience in mining and natural resources, including expertise in project development and capital markets [2]. - Peter Espig, a seasoned mining executive, has a background in corporate restructuring and has structured over US$2 billion in transactions, contributing to LaFleur as an advisor [3]. - Jeff Swinoga, with over 27 years of experience in mining operations and project financing, is expected to provide critical financial leadership and industry relationships [4]. Resignations - Preet Gill and Harveer Sidhu have resigned from the Board, effective March 15, 2026, with the company expressing gratitude for their contributions [5][6]. Upcoming Webinar - A live corporate webinar is scheduled for March 24, 2026, to discuss recent developments, including the positive Preliminary Economic Assessment (PEA) results for the Swanson Gold Project and the restart of the Beacon Gold Mill [7][8]. Preliminary Economic Assessment (PEA) - The PEA for the Swanson Gold Project indicates a C$101 million after-tax NPV (5%), a 65% IRR, and a rapid 1.8-year payback period, with all-in sustaining costs of US$1,569/oz [10]. - The initial CAPEX is projected at C$31 million, and the refurbishment of the Beacon Gold Mill is on schedule, with first gold pour anticipated later this year [10]. Company Overview - LaFleur Minerals is focused on developing district-scale gold projects in the Abitibi Gold Belt, with significant potential for long-term value through the Swanson Gold Project and the Beacon Gold Mill [16]. - The Swanson Gold Project spans approximately 19,214 hectares and includes several gold-rich prospects, enhancing its development potential [16]. - The Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material from the Swanson project [16].