LaFleur Minerals Launches Confirmation Drilling at Swanson Gold Deposit to Support Beacon Mill Restart
TL;DR
LaFleur Minerals' drilling program positions the company to capitalize on record gold prices by advancing toward near-term production at its Swanson Gold Deposit.
LaFleur Minerals is conducting a 10-hole confirmation drilling program to validate historical results and strengthen the geological model for its Swanson Gold Project.
LaFleur Minerals' project development in Québec supports regional economic growth while advancing responsible gold production during favorable market conditions.
LaFleur Minerals' 18,304-hectare Swanson Gold Project includes multiple historic deposits and a fully-permitted mill capable of processing 750 tonnes daily.
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LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) has initiated a 10-hole confirmation drilling program at its Swanson Gold Deposit in Val-d'Or, Québec, advancing toward near-term gold production and supporting a Preliminary Economic Assessment for the restart of operations at the company's Beacon Gold Mill. Conducted by Environmental Resources Management, the program aims to validate historical drill results, strengthen the geological model, and provide new core for metallurgical testing.
CEO Paul Teniere said the work marks a key step toward restarting gold production at record market prices, with assay results from the twinned holes expected in the coming weeks. The confirmation drilling program represents a critical phase in the company's strategy to advance its district-scale gold projects in the Abitibi Gold Belt near Val-d'Or, Québec. The Swanson Gold Project encompasses approximately 18,304 hectares (183 km²) and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining.
The company's fully-permitted and refurbished Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material from Swanson and for custom milling operations for other nearby gold projects. LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings which make up the Swanson Gold Project. The project's accessibility by road allows direct access to several nearby gold mills, further enhancing its development potential.
This development comes at a time when gold prices remain at historically high levels, making the potential restart of gold production particularly significant for both the company and the broader mining sector. The confirmation drilling program's success could validate the substantial historical data and potentially accelerate the timeline toward commercial production. The company's newsroom at http://ibn.fm/LFLRF provides ongoing updates about these developments, while additional information about the mining sector can be found at https://www.MiningNewsWire.com.
The implications of this drilling program extend beyond LaFleur Minerals alone, as successful confirmation of the Swanson Gold Deposit's resources could contribute to increased gold production in the Abitibi region, one of Canada's most prolific gold mining districts. The potential restart of the Beacon Gold Mill represents not only a significant corporate milestone but also contributes to regional economic development through job creation and infrastructure utilization. The combination of modern confirmation drilling with historical data validation represents a prudent approach to resource development that could serve as a model for other junior mining companies seeking to advance projects in established mining districts.
Curated from InvestorBrandNetwork (IBN)

