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LaFleur Minerals Progressing Towards Gold Pour at Beacon Gold Mill in Val-d'Or, Québec
TMX Newsfile· 2026-02-18 13:45
Core Viewpoint - LaFleur Minerals Inc. is advancing its Beacon Gold Mill restart plans, with a focus on near-term production and a comprehensive Preliminary Economic Assessment (PEA) [1][12]. Group 1: Company Overview - LaFleur Minerals Inc. operates in the Val-d'Or mining camp, a significant gold-producing region in the Abitibi Greenstone Belt, with over 73 million ounces of gold produced from 1926 to 2019 [2]. - The company owns the Beacon Gold Mill and the Swanson Gold Deposit, which are strategically located within this prolific mining area [1][3]. Group 2: Mill Restart Progress - The Beacon Gold Mill has undergone over $20 million in upgrades and modernization, with the last production occurring in 2022 when gold prices were around $2,000 per ounce [3]. - Current gold prices have exceeded $4,900 per ounce, enhancing the strategic value of the mill and its associated infrastructure [3][14]. - Approximately 30% of the total budget for the mill refurbishment has been spent, with significant physical progress achieved while maintaining cost control [6]. Group 3: Resource Development - The Swanson Gold Deposit has shown strong gold continuity with notable drill results, including an intercept of 2.05 g/t Au over 158.25 meters [11]. - The company aims to combine resource development at the Swanson Gold Deposit with the Beacon Gold Mill to accelerate production [7][12]. Group 4: Future Outlook - The upcoming PEA is expected to provide updated economic metrics and a development roadmap aligned with the company's production objectives, targeted for completion in March 2026 [12][14]. - The integrated asset portfolio of LaFleur Minerals offers capital efficiency and operational leverage, particularly as gold prices rise [14].
LaFleur Minerals Announces Grant of Stock Options
TMX Newsfile· 2026-02-06 01:14
Group 1 - LaFleur Minerals Inc. has granted incentive stock options to management and consultants to acquire a total of 1,000,000 common shares at a price of $0.50 per share for a period of three years [1] - 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 [2] - The Swanson Gold Project spans approximately 16,600 hectares (166 km²) and includes several gold-rich prospects previously held by other mining companies [2] Group 2 - The Swanson Gold Project is strategically located with easy access via road and a rail line, enhancing its development potential [2] - The Beacon Gold Mill is fully refurbished and permitted, 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 other nearby projects [2]
LaFleur Minerals Reports Assay Results Highlighting 2.05 g/t Au over 158.25 metres, Confirming Strong Gold Continuity at Swanson Gold Project
TMX Newsfile· 2026-02-04 12:30
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2026) - LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) ("LaFleur Minerals" or the "Company") is pleased to announce drilling assay results from 12 validation drill holes completed at its Swanson Gold Deposit, as well as 28 additional regional exploration drill holes on the larger property. To date, LaFleur Minerals has reported results for 60 drill holes totalling 16,592 metres during its maiden drilling program in 2025. The validatio ...
LaFleur Minerals Updates PEA and Beacon Gold Mill Restart Work
TMX Newsfile· 2026-01-26 15:26
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2026) - LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) ("LaFleur Minerals" or the "Company" or "Issuer") is pleased to announce major advancements with its Swanson Gold Deposit and Beacon Gold Mill which includes the advancement of technical studies evaluating the restart of gold production and retrofits to increase production rates at Beacon, as well as establishing requirements to expand its existing permitted tailings facility, all ...
LaFleur Minerals Inc. (CSE:LFLR) (OTCQB:LFLRF) (FSE:3WK0) Sees Emerging Dynamic with Pivot from Exploration to Production
Globenewswire· 2026-01-23 13:30
This article has been disseminated on behalf of LaFleur Minerals and may include paid advertising.  Disclosure: This does not represent material news, partnerships or investment advice. NEW YORK, Jan. 23, 2026 (GLOBE NEWSWIRE) -- via MiningNewsWire — LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) today announces its placement in an editorial published by MiningNewsWire ("MNW"), one of 75+ brands within the Dynamic Brand Portfolio@IBN (InvestorBrandNetwork), a specialized communications platfor ...
LaFleur Minerals Inc. (CSE:LFLR) (OTCQB:LFLRF) (FSE:3WK0) Stands Out with Rare Combo of Assets, Infrastructure
Globenewswire· 2026-01-21 13:30
Core Insights - LaFleur Minerals Inc. is positioned at a critical transition point from exploration to production, which historically leads to significant valuation increases [3][4] - The company has successfully completed a $7.8 million financing, enabling it to restart production at its Beacon Gold Mill [4] - LaFleur Minerals controls advanced exploration assets and fully permitted production infrastructure in a prolific gold region, enhancing its competitive edge [4][5] Company Overview - LaFleur Minerals is focused on developing 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 [5] - The Swanson Gold Project spans approximately 18,304 hectares and includes several gold-rich prospects previously held by other mining companies [5] - 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 and custom milling for nearby projects [5]
From Permits to Pouring Gold: The Power of Being Production-Ready
Globenewswire· 2026-01-20 13:30
Core Viewpoint - LaFleur Minerals Inc. is at a strategic inflection point as it transitions from exploration to production, having secured $7.8 million in financing to restart operations at its Beacon Gold Mill, positioning the company for significant valuation re-ratings in a favorable gold market [2][3][27]. Funding and Financial Position - LaFleur recently completed an oversubscribed financing of C$7.8 million, which includes a C$4.7 million LIFE offering, C$2.2 million from a flow-through offering, and C$900,000 from a hard-dollar tranche, providing the necessary capital to advance production and development without immediate dilution [9][8]. - The company is poised to benefit from rising gold prices, with spot gold recently exceeding $4,600 per ounce and projections suggesting it could surpass $5,000 per ounce in 2026, enhancing margins and cash flows for producing companies like LaFleur [6][26]. Production Strategy - LaFleur's strategy involves utilizing its fully permitted Beacon Gold Mill to process mineralized material from its Swanson Gold Project, creating a vertically integrated, low-cost production model that mitigates risks associated with third-party processing [7][23]. - The Beacon Gold Mill, capable of processing over 750 tonnes per day, has undergone approximately C$20 million in upgrades and is valued at around C$71.5 million, significantly enhancing LaFleur's operational readiness and market position [19][20]. Exploration and Resource Development - The Swanson Gold Project, LaFleur's flagship asset, has an estimated resource of approximately 123,000 ounces of gold indicated and 64,500 ounces inferred, with potential for expansion towards a one-million-ounce resource [12][14]. - Active exploration efforts include a 7,500-meter diamond drilling program targeting high-grade zones and a twin-hole drilling program to validate historical results, which are crucial for the upcoming Preliminary Economic Assessment (PEA) [14][15][10]. Market Position and Industry Context - LaFleur operates in the Abitibi Greenstone Belt, a prolific gold-producing region, and is strategically positioned among established producers, benefiting from regional dynamics that favor companies with advanced projects and infrastructure [11][25]. - The company is expected to be a beneficiary of a near-term re-rating as it moves decisively toward production, supported by favorable market conditions and a strong operational framework [11][27].
LaFleur Minerals Closes LIFE, Flow Thru and Final Hard Dollar Offering for $900,000 to Complete Total of $7,800,421 Funding to Restart Beacon Gold Mill Production Operations in Abitibi Greenstone Belt
TMX Newsfile· 2026-01-05 14:20
Core Viewpoint - LaFleur Minerals Inc. has successfully closed a non-brokered hard dollar private placement, raising a total of $900,000 to support its gold production operations and general working capital needs [1][2]. Financing Details - The company issued 1,800,000 units at a price of $0.50 per unit, with each unit consisting of one common share and one warrant to purchase an additional common share at $0.75 within 36 months [1]. - A cash commission of $63,000, representing 7% of the gross proceeds, was paid to qualified finders and brokers, along with 126,000 broker warrants [3]. Strategic Importance - The total financing raised by the company amounts to $7,800,421, marking a significant transition from exploration to near-term gold production [4]. - The funds will be utilized for the commissioning and restart of gold production at the Beacon Gold Mine and Mill, as well as for the Swanson Gold Project in Val d'Or, Québec [2][4]. Project Development - The Beacon Gold Mill has been recently updated and is capable of processing over 750 tonnes per day, enhancing its potential for processing mineralized material from the Swanson Gold Project [6]. - The company is nearing completion of a Preliminary Economic Assessment (PEA) that will provide a comprehensive economic study for sourcing mineralized material from the Swanson Gold Project [4].
LaFleur Minerals Closes Upsized, Fully Subscribed LIFE Offering and FT Offering
TMX Newsfile· 2025-12-31 00:28
Core Viewpoint - LaFleur Minerals Inc. has successfully completed two financing rounds, raising a total of $6,900,421 to fund the restart of its Beacon Gold Mill and advance its Swanson Gold Project, positioning the company for near-term gold production and cash flow generation [1][2][4]. Financing Details - The non-brokered private placement (LIFE Offering) raised gross proceeds of $4,695,000 at a price of $0.50 per unit, while the Flow-Through Offering generated $2,205,421 at a price of $0.60 per unit [1][2]. - Each LIFE Unit consists of one common share and one warrant, allowing the purchase of an additional share at $0.75 for 36 months [8]. - Each Flow-Through Unit includes one common share and one warrant, with similar purchase terms as the LIFE Offering but valid for 24 months [9]. Operational Strategy - The funding will enable the restart of the Beacon Gold Mill, which has a capacity of 750 tonnes per day and is fully permitted and in good condition, significantly reducing execution risk compared to new mill construction [5][4]. - The company plans to source mineralized material from the nearby Swanson Gold Project, which is expected to provide 10,000-20,000 metric tons of stockpiles for initial operations [2][6]. Project Potential - The Swanson Gold Project is strategically located within the Abitibi Greenstone Belt, known for its historical gold production exceeding 200 million ounces, and is expected to be a primary source of mill feed [6][4]. - The company aims to define high-grade zones at Swanson to transition quickly into production, supporting a low-capex, staged production model [6][7]. Value Creation - The combination of a restart-ready gold mill and a high-grade gold project positions LaFleur as a differentiated junior gold company with a clear growth strategy, aiming to establish cash flow and long-term shareholder value [7][4].
LaFleur Minerals Announces Non-Brokered Private Placement for Gross Proceeds of up to C$1,000,000
TMX Newsfile· 2025-12-30 01:31
Core Viewpoint - LaFleur Minerals Inc. is launching a non-brokered hard dollar private placement offering to raise up to $1,000,000 due to increased demand for participation in the LIFE Offering [1][5]. Group 1: Offering Details - The company will offer up to 2,000,000 units at a price of $0.50 per unit, with each unit consisting of one common share and one warrant [1]. - The closing date for the offering is expected around January 5, 2026, subject to change [2]. - The securities will be subject to a statutory hold period of four months and one day from the closing date [2]. Group 2: Use of Proceeds - Gross proceeds from the offering will be allocated for the commissioning and restart of gold production at the Beacon Gold Mine and Mill, work at the Swanson Gold Project, and general working capital [3]. Group 3: Compensation for Finders - The company will pay qualified finders and brokers a cash commission of 7.0% of the gross proceeds and issue broker warrants equal to 7.0% of the units sold [4]. Group 4: Company Overview - LaFleur Minerals is focused on developing gold projects in the Abitibi Gold Belt near Val-d'Or, Québec, with significant potential in the Swanson Gold Deposit and Beacon Gold Mill [7]. - The Swanson Gold Project spans approximately 18,304 hectares and includes several gold-rich prospects [7]. - 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 [7].