LaFleur Minerals Inc. Advances Swanson Drilling and Beacon Mill Restart with Exploration Success and Strategic Appointment

LaFleur Minerals Inc. has taken a significant step forward in its mining operations with the announcement of a 5,000-meter diamond drill program at its Swanson Gold Project located in Québec's Abitibi Gold Belt. This initiative is backed by encouraging exploration results, including the identification of over 50 drill targets through geophysical surveys, soil sampling, and high-grade grab samples reaching up to 11.7 g/t Au. The company is also making strategic progress towards the restart of its 100%-owned Beacon Gold Mill by early 2026, a move that could significantly enhance its operational capacity and revenue generation.

In a strategic move to bolster its project funding and expansion efforts, LaFleur Minerals has appointed Peter Espig, a seasoned mining executive, as Strategic Advisor. Espig's extensive experience in capital markets and mill operations is expected to play a pivotal role in advancing the company's objectives. The Beacon Mill restart, estimated to require an investment of C$5–6 million, is currently the subject of advanced discussions with institutional and private equity groups. The restart aims to facilitate near-term cash flow through bulk sampling and toll milling, marking a critical phase in LaFleur's growth trajectory.

The developments at the Swanson Gold Project and the Beacon Gold Mill underscore LaFleur Minerals' commitment to leveraging its assets in the Abitibi Gold Belt for long-term value creation. The Swanson Gold Project, encompassing approximately 16,600 hectares, is strategically positioned with easy road access and a rail line running through the property, enhancing its development potential. The Beacon Gold Mill, capable of processing over 750 tonnes per day, represents a key asset in LaFleur's portfolio, with potential applications beyond its own projects, including custom milling operations for nearby gold projects.

These initiatives by LaFleur Minerals Inc. not only highlight the company's operational and strategic advancements but also its potential to contribute significantly to the mining sector in Québec and beyond. The exploration success at the Swanson Gold Project and the planned restart of the Beacon Gold Mill are poised to position LaFleur as a notable player in the gold mining industry, with implications for investors, the local economy, and the broader mining sector.