LaFleur Minerals Secures $1.66 Million in Flow-Through Funding to Advance Swanson Gold Project and Beacon Mill Restart

Gold explorer and near-term producer LaFleur Minerals Inc. has successfully closed a flow-through private placement offering, raising aggregate gross proceeds of more than $1.66 million to advance its gold operations in Quebec's prolific Abitibi Gold Belt. The funding will support critical exploration and Preliminary Economic Assessment work at the company's Swanson Gold Project while also facilitating ore sorting and metallurgical test work for the planned restart of its wholly owned Beacon Gold Mill by early next year.

The significance of this capital raise extends beyond immediate corporate financing, representing a strategic step toward establishing new gold production capacity in one of North America's most established mining regions. The Abitibi Greenstone Belt has historically been Canada's most productive gold district, and LaFleur's advancement of the Swanson Project contributes to maintaining Quebec's position as a global mining jurisdiction. The company's assayed results from initial test drilling have revealed multiple mineralized zones and favorable conditions for a near-surface, open-pit operation at Swanson, which the company intends to use for gold bulk sample extraction from its planned mining efforts.

For investors and industry observers, the latest news and updates relating to LaFleur Minerals are available in the company's newsroom at https://ibn.fm/LFLRF. The Swanson Gold Project serves as LaFleur's flagship, advanced-stage, district-scale exploration property with over 36,000 metres of historic drilling recorded, containing numerous gold-bearing regional structures. This extensive historical data provides the company with a substantial information foundation to base its ongoing development strategy.

The timing of this development carries broader implications for the gold mining sector as companies seek to bring new production online amid evolving market conditions. LaFleur's dual focus on both exploration at Swanson and mill restart at Beacon represents an integrated approach to gold production that could serve as a model for junior mining companies. The flow-through financing structure itself is noteworthy, as it provides tax advantages to Canadian investors while directing capital specifically toward exploration activities, aligning investor incentives with mineral discovery and development.

As global gold demand continues to demonstrate resilience across investment, central bank, and jewelry sectors, the development of new production sources remains crucial for market stability. LaFleur's progress in the Abitibi Belt contributes to North America's gold supply chain at a time when geopolitical factors and economic uncertainties have heightened the metal's strategic importance. The company's qualified person, Louis Martin, P.Geo., has reviewed and approved all scientific and technical information, ensuring compliance with National Instrument 43-101 standards for mineral project disclosure.