LaFleur Minerals Reports Promising Sulphide-Rich Mineralization in Swanson Gold Project Drilling
TL;DR
LaFleur Minerals' drilling reveals a 17.9-meter mineralized zone, offering investors early advantage in a promising gold district near Val-d'Or.
LaFleur completed seven diamond drill holes totaling 1,764 meters, with samples sent for analysis of geological and geochemical targets up to 3 km from Swanson.
Advancing gold projects in Québec supports local economies and responsible resource development for sustainable community benefits.
LaFleur discovered a sulphide-rich gold zone over 17 meters wide in the Abitibi Greenstone Belt, a globally renowned mining region.
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LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) has reported encouraging early results from its drilling program at the Swanson Gold Project near Val-d'Or, Québec, with the identification of a substantial sulphide-rich mineralized zone. The company completed seven diamond drill holes totaling 1,764 meters, with three holes already sampled and sent for laboratory analysis.
Chief Executive Officer Paul Ténière expressed optimism about the findings, particularly highlighting hole SW-025-038 which encountered a mineralized zone measuring at least 17.9 meters wide. The geological and mineralization characteristics observed in recent drill core show similarities to the known Swanson Gold Deposit, suggesting potential for significant gold discovery in this globally renowned mining district.
The Swanson Gold Project encompasses approximately 18,304 hectares and represents a consolidated land package along a major structural break that hosts multiple gold deposits and showings. The project's strategic location provides direct road access to several nearby gold mills, enhancing its development potential. Additional information about the company's progress is available at https://ibn.fm/gUVLf.
LaFleur Minerals' fully permitted Beacon Gold Mill, capable of processing over 750 tonnes per day, could potentially process mineralized material from Swanson and serve custom milling operations for other nearby gold projects. The company's focus on district-scale gold development in the Abitibi Gold Belt positions it to capitalize on one of the world's most productive mining regions.
Investors can access the latest company updates through the newsroom at https://ibn.fm/LFLRF. The drilling results, when fully analyzed, could have significant implications for gold production in Québec and contribute to the regional mining economy while potentially increasing shareholder value through resource expansion.
Curated from InvestorBrandNetwork (IBN)
