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NetworkNewsAudio Announces Audio Press Release (APR) on Mining Junior Becoming New Quebec Gold Producer
Globenewswire· 2025-07-25 12:30
Company Overview - LaFleur Minerals Inc. is positioned to become one of Quebec's newest gold producers, with a permitted mill and an advanced-stage exploration project [1] - The company focuses on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d'Or, Québec, particularly the Swanson Gold Project and the Beacon Gold Mill [4] Project Details - The Swanson Gold Project spans approximately 15,290 hectares, benefiting from over $5 million invested in exploration by the previous owner, Monarch Mining [2] - Historical drilling includes more than 950 drill holes, revealing broad zones of gold mineralization with widths reaching up to 40 meters [3] - The project area has previous underground development, including a ramp to a vertical depth of 80 meters for bulk sampling, indicating significant potential for further discoveries [3] Infrastructure and Accessibility - The Swanson Gold Project is easily accessible by road, with a rail line running through the property, allowing direct access to several nearby gold mills [4] - The Beacon Gold Mill is fully refurbished and permitted, capable of processing more than 750 tonnes per day, and is being considered for processing mineralized material at Swanson and for custom milling operations for other nearby gold projects [4]
LaFleur Minerals Inc. (CSE:LFLR) (OTCQB:LFLRF) (FSE:3WK0) Capitalizing on Trend, Accelerating Transition
Globenewswire· 2025-07-24 12:30
Core Insights - LaFleur Minerals Inc. is transitioning from exploration to production in response to rising gold prices, which have surpassed $3,300 per ounce in 2025, indicating investor concerns about the global financial situation [3][4]. Company Overview - LaFleur Minerals Inc. focuses 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 [5]. - The Swanson Gold Project spans approximately 16,600 hectares and includes several gold-rich prospects previously held by other mining companies [5]. - 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 nearby projects [5]. Industry Context - The surge in gold prices is attributed to persistent inflation and declining trust in fiat currencies, leading to increased investment in Canadian gold projects, especially in the Abitibi Greenstone Belt [3]. - LaFleur Minerals is part of a group of mining companies that are strategically positioning themselves to capitalize on the current market conditions [4].