Beacon Gold Mill
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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) Stands Out with Rare Combo of Assets, Infrastructure
Globenewswire· 2026-01-21 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. 21, 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 platform ...
From Permits to Pouring Gold: The Power of Being Production-Ready
Globenewswire· 2026-01-20 13:30
This article has been disseminated on behalf of LaFleur Minerals Inc. and may include a paid advertisement. AUSTIN, Texas, Jan. 20, 2026 (GLOBE NEWSWIRE) -- MiningNewsWire Editorial Coverage: The most powerful moment to get involved in a mining company’s story is often not at the earliest discovery stage, or even after production is fully established, but at the precise inflection point when a company transitions from explorer to producer. This is the stage where geological risk has been substantially reduc ...
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].
NetworkNewsAudio Announces Audio Press Release (APR) on Rising Gold Prices Creating Unique Opportunities for Junior Miner
Globenewswire· 2025-09-29 12:30
Core Insights - Record gold prices are creating unprecedented opportunities for near-term producers, particularly for LaFleur Minerals Inc. [1] - LaFleur's Swanson Gold Project has significant exploration potential with a current mineral resource estimate of 123.4 Koz Au Indicated and 64.5 Koz Au Inferred, with the potential to exceed one million ounces [1][2] - The company has consolidated its land package significantly, increasing it more than three times since acquisition, and is focused on maximizing resource potential [2][3] Company Overview - LaFleur Minerals Inc. is focused on developing district-scale gold projects in the Abitibi Gold Belt near Val-d'Or, Québec, with a primary focus on the Swanson Gold Project and the Beacon Gold Mill [3] - The Swanson Gold Project spans approximately 16,600 hectares and includes several gold-rich prospects previously held by other mining companies [3] - The Beacon Gold Mill is fully refurbished and permitted, capable of processing over 750 tonnes per day, and is positioned to support both Swanson and custom milling operations for nearby projects [3]
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]
LaFleur Minerals Closes Fully Subscribed LIFE Offering and Announces Investor Relations Partnerships
Newsfile· 2025-09-10 14:02
Core Viewpoint - LaFleur Minerals Inc. has successfully completed a non-brokered private placement, raising gross proceeds of $2,880,000 through the LIFE Offering, and plans to conduct an additional placement due to high demand [1][2]. Financing Details - The LIFE Offering consisted of units priced at $0.48 each, with each unit comprising one common share and one warrant, allowing the purchase of an additional share at $0.75 for 24 months [1][4]. - The company is also set to close a charity flow-through offering, aiming to raise up to $2,587,500 by selling up to 3,750,000 units at $0.69 each [1]. - A cash finder fee of $144,651 was paid, along with the issuance of 301,355 finders' warrants [6]. Use of Proceeds - Proceeds from the LIFE Offering will be allocated to exploration initiatives at the Swanson Gold Project, operational purposes at the Beacon Gold Mill, and general corporate expenses [7]. Insider Participation - An executive officer of the company participated in the LIFE Offering, subscribing for 7,500 units, which is classified as a related party transaction [8][10]. Investor Relations Engagements - The company has engaged multiple independent contractors and agencies for strategic marketing and investor relations to enhance communication and exposure [12]. - Specific agreements include: - Investing News Network for digital campaigns, with a fee of $163,000 for services over 12 months [13]. - Northern Miner Group for advertising services, with a fee of $55,000 for 12 months [14]. - BTV for marketing and broadcast services, with a fee of $28,000 for approximately 6 weeks [15]. - Midas Letter for digital marketing campaigns, with a fee of $50,000 for an indefinite term [17]. - Dayani Capital Corp for investor relations services, with a fee of $50,000 for a one-month trial [18]. - Krify Software Technologies for online investor targeting, with a fee of $19,000 for services until September 12, 2025 [19]. Company Overview - LaFleur Minerals Inc. focuses on developing gold projects in the Abitibi Gold Belt, particularly the Swanson Gold Deposit and the Beacon Gold Mill, which have significant potential for long-term value [21][22].
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].