LaFleur Minerals Inc. has reported major technical and infrastructure advancements at its Swanson Gold Deposit and wholly owned Beacon Gold Mill in Québec as it enters the final stages of its Preliminary Economic Assessment. The company is advancing plans to restart the 750-tonne-per-day mill, which is scalable under the PEA to 1,000 tpd and potentially 3,000–4,000 tpd longer term, leveraging feed from its nearby Swanson Gold Project.
Progress includes completed verification drilling to support the PEA, ongoing metallurgical and mill optimization studies, and evaluation of permitted tailings facility expansion. These developments support a disciplined, capital-efficient restart of gold production at a time when gold prices remain well above levels seen during Beacon's last operation in 2022. The company's strategic positioning in the Abitibi Gold Belt near Val-d'Or, Québec provides access to established infrastructure and mining expertise.
LaFleur recently completed $7.8 million financing to fully fund the mill restart, continued metallurgical testing and infrastructure planning. The company has also engaged in preliminary discussions with Canadian National Railway on rail enhancements to support long-term production and logistics efficiencies. These infrastructure improvements could significantly reduce operating costs and enhance the project's economic viability.
The Swanson Gold Project encompasses approximately 18,304 hectares and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. The project's accessibility by road allows direct access to several nearby gold mills, further enhancing its development potential. Additional information about the company's developments is available in their newsroom at https://ibn.fm/dEHHy.
This advancement matters because it represents a strategic move to restart gold production in a major mining jurisdiction during a period of sustained high gold prices. The combination of a permitted mill, nearby deposit resources, and infrastructure improvements creates potential for efficient production scaling. For the mining industry, successful restart projects like this demonstrate how existing assets can be revitalized with modern approaches to capital efficiency and infrastructure optimization.
The potential impact extends to regional economic development in Québec's mining sector, job creation, and increased mineral production. For investors, the progress toward PEA completion provides clearer visibility into the project's economic potential and timeline. The company's focus on leveraging existing infrastructure rather than building entirely new facilities represents a capital-efficient approach that could become more common in the mining industry as companies seek to minimize development costs.
Detailed information about the company's press release can be viewed at https://ibn.fm/uOWtZ. The Beacon Gold Mill's capacity and permitted status, combined with the Swanson Gold Project's resources, create a foundation for potentially significant gold production in one of Canada's most established mining regions. As gold remains a key component of both investment portfolios and industrial applications, successful development of these assets could contribute to North American gold supply.
