LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) announced it has entered into an arm's-length agreement to acquire a 100% interest in the McKenzie East Gold Project, located in Québec's prolific Val-d'Or mining district. The property is contiguous with the McKenzie Break Gold Deposit owned by Fresnillo plc and benefits from established regional infrastructure. Historical exploration has identified anomalous gold mineralization, including visible gold in drilling, positioning the project for systematic exploration to define resources.
LaFleur plans to advance exploration to assess potential mill feed for its nearby Beacon Gold Mill, which is capable of processing over 750 tonnes per day. The acquisition was completed for $30,000 in cash and 175,000 common shares, subject to exchange approval. This move aligns with LaFleur's strategy to consolidate district-scale gold projects in the Abitibi Gold Belt near Val-d'Or, Québec.
The company's focus is on advancing its PEA-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is approximately 19,214 hectares and includes several prospects rich in gold and critical metals. LaFleur has consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits.
The McKenzie East acquisition adds to LaFleur's growing portfolio in the region, enhancing its ability to process mineralized material from Swanson and custom mill operations for other nearby gold projects. The company recently released positive Preliminary Economic Assessment results for the Swanson Gold Project and the planned restart of the Beacon Gold Mill, as per a press release dated March 3, 2026.
For more information on LaFleur Minerals, visit the company's newsroom at http://nnw.fm/LFLRF. The full press release is available at https://nnw.fm/v9VIR.
This acquisition underscores LaFleur's commitment to expanding its resource base in one of Canada's most prolific gold districts, potentially providing additional feed for its mill and enhancing shareholder value.
