AUSTIN, Texas, Sept. 29, 2025 (GLOBE NEWSWIRE) -- via IBN – NetworkNewsAudio announces the Audio Press Release (APR) titled “Record Gold Prices Create Unprecedented Opportunities for Near-Term Producers,” featuring LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF). To hear the NetworkNewsAudio version, visit https://nnw.fm/dgIq0 To read the original editorial, visit https://nnw.fm/c9t0Y LaFleur’s flagship Swanson Gold Project is an advanced exploration-stage asset with significant upside. Located near Abitib ...

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].

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]

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].

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]

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].

Core Viewpoint - LaFleur Minerals is progressing towards restarting the Beacon Gold Mill and conducting a Preliminary Economic Assessment (PEA) for the Swanson Gold Project, aiming for production by early 2026 [1][5][7]. Group 1: Beacon Gold Mill Restart - The Beacon Gold Mill, a fully permitted facility with a capacity of 750 tonnes per day, underwent over C$20 million in repairs and refurbishments prior to acquisition in Fall 2024 [5][7]. - A comprehensive mill restart plan includes approximately C$3.8 million for equipment and maintenance improvements, and C$1.8 million for tailings storage facility repairs [5]. - The mill has no outstanding royalties or encumbrances, enhancing its financial viability [5]. Group 2: Swanson Gold Project - The Swanson Gold Project covers 166 km² and contains an Indicated Mineral Resource of 2,113,000 tonnes at an average grade of 1.8 g/t gold, equating to 123,400 ounces of contained gold [3]. - An Inferred Mineral Resource Estimate of 872,000 tonnes at an average grade of 2.3 g/t gold is also present, amounting to 64,500 ounces of contained gold [3]. - The company plans to conduct a minimum 5,000-metre diamond drilling program at Swanson, focusing on four primary target areas [1][10]. Group 3: Market Context and Financial Strategy - Current gold prices are around USD$3,300 per ounce, prompting the company to capitalize on this market rally [5][7]. - The company is in discussions with various groups to finance the restart of the Beacon Gold Mill using mineralized material from the Swanson Gold Deposit [8][10]. - A bulk sample of up to 100,000 tonnes from the Swanson Gold Deposit is being planned for testing at the Beacon Mill [10]. Group 4: Future Plans and Investor Engagement - The company is organizing a site visit for prospective investors and analysts in July 2025 to showcase the Beacon Gold Mill and Swanson Gold Project [8]. - The CEO emphasized the strategic importance of the current year for restarting production and increasing mineral resources at Swanson [7].