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LaFleur Minerals Closes Fully Subscribed LIFE Offering and Announces Investor Relations Partnerships
Newsfile· 2025-09-10 14:02
LaFleur Minerals Closes Fully Subscribed LIFE Offering and Announces Investor Relations Partnerships September 10, 2025 10:02 AM EDT | Source: LaFleur Minerals Inc. Vancouver, British Columbia--(Newsfile Corp. - September 10, 2025) - LaFleur Minerals Inc. (CSE: LFLR) (FSE: 3WK0) ("LaFleur Minerals" or the "Company" or "Issuer") is pleased to announce that, further to its news releases dated July 30, 2025, and August 29, 2025, the Company has completed its previously announced non-brokered private placement ...
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].
LaFleur Minerals Inc. (CSE:LFLR) (OTCQB:LFLRF) (FSE:3WK0) Set to Capitalize on Market Dynamics, Regional Policy Tailwinds
GlobeNewswire News Room· 2025-07-22 12:30
NEW YORK , July 22, 2025 (GLOBE NEWSWIRE) -- via InvestorWire — LaFleur Minerals Inc. (CSE:LFLR) (OTCQB:LFLRF) (FSE: 3WK0) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 70+ brands within the Dynamic Brand Portfolio@IBN (InvestorBrandNetwork), a specialized communications platform with a focus on financial news Gold's remarkable surge beyond $3,300 per ounce (all figures are in U.S. dollars unless otherwise noted) in 2025 has become more than a fleeting price spik ...
LaFleur Minerals Commences Diamond Drilling at the Swanson Gold Deposit and Completes Independent Valuation of the Beacon Gold Mill
Newsfile· 2025-07-18 12:00
Core Insights - LaFleur Minerals has initiated a diamond drilling program at the Swanson Gold Project in Québec, having received all necessary permits for a fully funded 5,000-meter drilling campaign [1][6] - An independent valuation of the Beacon Gold Mill has been completed, confirming its excellent condition and estimating rehabilitation costs at C$4.1 million, with a full replacement cost exceeding C$71.5 million [1][2] - The company has expanded its land position at the Swanson Gold Project to over 18,300 hectares, enhancing its exploration potential [1][7] Independent Valuation of Beacon Gold Mill - The valuation by Bumigeme Inc. indicates the Beacon Mill is in excellent condition, with rehabilitation and re-commissioning costs estimated at C$4.1 million [2][4] - The estimated replacement cost for a new similar gold mill is C$49.5 million, excluding additional costs for a new tailings storage facility and permitting [2][4] - The mill's valuation suggests a significant opportunity for future milling of gold deposits in the Abitibi region [2][4] Drilling and Exploration Activities - The diamond drilling program will focus on priority target areas, including the Swanson Gold Deposit and other high-potential zones identified through historical data and recent exploration work [6][8] - The company has staked an additional 32 mineral claims, increasing the project’s coverage to over 33 kilometers of strike length, which enhances exploration potential [7][8] Strategic Positioning - LaFleur Minerals is positioned as a leading gold development company in Québec, controlling both an advanced gold project and a fully-permitted mill, which provides a pathway to near-term gold production [4][8] - The company’s assets are valued significantly higher than its current market capitalization, indicating strong potential for future growth [4][8]
LaFleur Minerals Engages Bumigeme to Complete Valuation Report on Beacon Gold Mill
Newsfile· 2025-07-09 12:00
Core Viewpoint - LaFleur Minerals has engaged Bumigeme Inc. to conduct a valuation report on its Beacon Gold Mill, aiming to facilitate funding and restart operations in the Abitibi gold belt, Canada's largest gold-producing region [1][2]. Group 1: Valuation Report Purpose - The Valuation Report will assess the replacement value of the Beacon Gold Mill and tailings storage facility (TSF) to support the company's near-term re-launch plan for processing mineralized material [2]. - The report will highlight the mill's status as a fully permitted processing facility, which has undergone over $20 million in upgrades by its previous operator in 2022 [2]. - It will also evaluate the costs associated with rehabilitating the mill and TSF, as well as the expenses to permit and construct a similar facility today [2]. Group 2: Strategic Importance - Completion of the Valuation Report is expected to clarify the company's intrinsic value to investors and potential partners, enhancing its ability to monetize production in the current market [3]. - The report will support the company's financing initiatives to secure debt and equity terms for the mill restart, with a comprehensive plan requiring minimal repairs and maintenance [4]. - The independent valuation is seen as an opportunity to emphasize the company's foundational value to current shareholders and potential partners [5]. Group 3: Market Positioning - Analysts at J.P. Morgan Research project gold prices to reach $4,100 per ounce in 2026, positioning LaFleur Minerals to capitalize on high gold prices and investor demand for near-term gold producers in secure jurisdictions [6]. - The company is focused on developing district-scale gold projects in the Abitibi Gold Belt, with significant potential for long-term value [9]. - The Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material from the Swanson Gold Project and custom milling for other nearby projects [9].
LaFleur Minerals Inc. (CSE:LFLR) (OTCQB:LFLRF) Location, Mill Creates Strategic Advantage in Ongoing Gold Rally
Globenewswire· 2025-06-26 12:30
Industry Overview - Gold prices have surged beyond US$3,300 per ounce in early 2025, driven by unstable U.S. fiscal policy and rising inflation, with forecasts suggesting prices could reach US$4,000 within the next 12 to 18 months [2][3] - This environment has placed gold-focused stocks and Canadian producers in the spotlight, offering significant leverage to rising gold prices [2] Company Profile: LaFleur Minerals Inc. - LaFleur Minerals Inc. operates in Canada's most productive gold region and has a fully permitted gold mill, positioning the company for near-term production and exposure to the ongoing gold rally [3] - 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 [3] - The Swanson Gold Project spans approximately 16,600 hectares and includes several gold-rich prospects previously held by other mining companies, enhancing its development potential [3] - LaFleur's Beacon Gold Mill is 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 gold projects [3]
LaFleur Minerals Advancing Restart of Beacon Gold Mill and Bulk Sample for Swanson Gold Project
Newsfile· 2025-06-23 12:30
LaFleur Minerals Advancing Restart of Beacon Gold Mill and Bulk Sample for Swanson Gold Project June 23, 2025 8:30 AM EDT | Source: LaFleur Minerals Inc. Vancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) ("LaFleur Minerals" or the "Company") is advancing towards a restart of the Company's 100%-owned Beacon Gold Mill in Val-d'Or, Québec and a Preliminary Economic Assessment (PEA) as it aims to restart production at the mill by early 2 ...
LaFleur Minerals Begins Permitting Process for a Bulk Sample from the Swanson Deposit to be Processed at its Beacon Gold Mill
Newsfile· 2025-05-01 13:15
Core Viewpoint - LaFleur Minerals has initiated the permitting process for a bulk sample from the Swanson Gold Deposit, which will be processed at its Beacon Gold Mill, aiming to advance towards gold production and enhance resource estimates in the Abitibi Gold Belt [1][3][20] Group 1: Project Development - The bulk sample will be approximately 100,000 tonnes with an estimated average grade of 1.89 g/t Au, containing about 6,350 ounces of gold, representing roughly 3% of the current mineral resource estimate for the Swanson Project [5][15] - Historical drill results from the Swanson deposit show promising grades, including 4.44 g/t Au over 36.0 meters and 3.62 g/t Au over 41.0 meters, indicating high potential for the project [4][15] - The permitting process is streamlined due to the deposit being located on a Mining Lease, which allows for a larger bulk sample compared to standard mining claims [4][9] Group 2: Economic Considerations - The company plans to conduct a Scoping Study if the bulk sample proves viable, evaluating mine design, processing methods, and overall project economics [2][20] - The Beacon Gold Mill, capable of processing over 750 tonnes per day, is positioned to restart operations, targeting an annual production of approximately 30,000 to 40,000 ounces of gold at current elevated prices [17][20] - The price of gold has significantly increased from USD$2,000 per ounce to nearly USD$3,500 per ounce over the past year, enhancing the economic viability of the Swanson project and the Beacon Mill [6][17] Group 3: Strategic Positioning - LaFleur Minerals aims to transition from explorer to producer by efficiently meeting operational milestones and leveraging existing infrastructure in the Abitibi region [3][20] - The Swanson Gold Project spans over 16,000 hectares and includes several gold-rich prospects, benefiting from excellent access to roads and local workforce, which reduces operational costs [10][22] - The company is committed to a responsible and transparent permitting process, working closely with regulatory bodies and local communities [11][20]