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LaFleur Minerals Inc. (CSE:LFLR) (OTCQB:LFLRF) (FSE:3WK0) Offers Unique Value Proposition for Leveraging Rising Gold Prices
Globenewswire· 2025-09-23 12:30
Industry Overview - Gold prices have reached a record high of over $3,500 per ounce, driven by a weakening U.S. dollar and expectations of a Federal Reserve interest rate cut, alongside concerns over inflation and slowing global growth [3] - The current market environment is favorable for companies with near-term production potential, suggesting significant opportunities for growth in the gold mining sector [3] Company Profile: LaFleur Minerals Inc. - LaFleur Minerals Inc. is transitioning from an exploration company to a producer, with a fully permitted and recently refurbished gold processing mill, strategically located in one of Canada's most prolific mining belts [4] - The company is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d'Or, Québec, particularly the Swanson Gold Project, which spans approximately 16,600 hectares and includes several gold-rich prospects [5] - LaFleur's Beacon Gold Mill has a processing capacity of over 750 tonnes per day and is being considered for processing mineralized material from the Swanson project as well as custom milling operations for other nearby gold projects [5]