Vancouver, British Columbia--(Newsfile Corp. - February 5, 2026) - LaFleur Minerals Inc. (CSE: LFLR) (FSE: 3WK0) ("LaFleur Minerals" or the "Company" or "Issuer") is pleased to announce that it has granted incentive stock options ("Options") to management and consultants of the Company to acquire an aggregate of 1,000,000 common shares at $0.50 per share, for a period of three years. These Options have been granted in accordance with the Company's stock option plan.About LaFleur Minerals Inc. LaFleur Miner ...

Core Viewpoint - LaFleur Minerals Inc. is at a strategic inflection point as it transitions from exploration to production, having secured $7.8 million in financing to restart operations at its Beacon Gold Mill, positioning the company for significant valuation re-ratings in a favorable gold market [2][3][27]. Funding and Financial Position - LaFleur recently completed an oversubscribed financing of C$7.8 million, which includes a C$4.7 million LIFE offering, C$2.2 million from a flow-through offering, and C$900,000 from a hard-dollar tranche, providing the necessary capital to advance production and development without immediate dilution [9][8]. - The company is poised to benefit from rising gold prices, with spot gold recently exceeding $4,600 per ounce and projections suggesting it could surpass $5,000 per ounce in 2026, enhancing margins and cash flows for producing companies like LaFleur [6][26]. Production Strategy - LaFleur's strategy involves utilizing its fully permitted Beacon Gold Mill to process mineralized material from its Swanson Gold Project, creating a vertically integrated, low-cost production model that mitigates risks associated with third-party processing [7][23]. - The Beacon Gold Mill, capable of processing over 750 tonnes per day, has undergone approximately C$20 million in upgrades and is valued at around C$71.5 million, significantly enhancing LaFleur's operational readiness and market position [19][20]. Exploration and Resource Development - The Swanson Gold Project, LaFleur's flagship asset, has an estimated resource of approximately 123,000 ounces of gold indicated and 64,500 ounces inferred, with potential for expansion towards a one-million-ounce resource [12][14]. - Active exploration efforts include a 7,500-meter diamond drilling program targeting high-grade zones and a twin-hole drilling program to validate historical results, which are crucial for the upcoming Preliminary Economic Assessment (PEA) [14][15][10]. Market Position and Industry Context - LaFleur operates in the Abitibi Greenstone Belt, a prolific gold-producing region, and is strategically positioned among established producers, benefiting from regional dynamics that favor companies with advanced projects and infrastructure [11][25]. - The company is expected to be a beneficiary of a near-term re-rating as it moves decisively toward production, supported by favorable market conditions and a strong operational framework [11][27].

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].

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].

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]

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].