LaFleur Minerals Files PEA Technical Report Supporting Restart of Gold Production at Beacon Gold Mill, Québec

Core Viewpoint - LaFleur Minerals Inc. has filed an independent technical report supporting the Preliminary Economic Assessment (PEA) for its Swanson Gold Deposit and Beacon Gold Mill, indicating a significant step towards near-term gold production [1][2]. Project Overview - The Swanson Gold Project encompasses a land package of 19,214 hectares in the Abitibi Gold Belt, located approximately 60 km from the Beacon Gold Mill, which has a current processing capacity of 750 tonnes per day (tpd) and potential expansion to 1,250 tpd [10][17]. - The PEA evaluates the economic potential of transporting mineralized material from the Swanson Gold Deposit to the Beacon Gold Mill, utilizing established road access and potential rail infrastructure [11]. PEA Highlights - The PEA outlines a development scenario supporting the restart of gold production at the Beacon Gold Mill, demonstrating strong economics with a 65% after-tax Internal Rate of Return (IRR), C$101 million Net Present Value (NPV) at 5%, and an All-In Sustaining Cost (AISC) of US$1,569 per ounce [9]. - The base case contemplates mill throughput of approximately 1,250 tpd, with expansion potential to 3,000-4,000 tpd in longer-term scenarios [9]. - The project leverages existing infrastructure, including a recently refurbished Beacon Gold Mill with an independently evaluated replacement cost of $71 million [9]. Future Plans - Following the PEA, the company intends to advance engineering studies, continue metallurgical testing, and progress permitting and infrastructure initiatives to support bulk sampling and future mining operations [14].