LaFleur Minerals Inc. Advances Toward Beacon Gold Mill Restart and Swanson Project Bulk Sampling

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) is taking significant steps toward the restart of its Beacon Gold Mill in Val-d’Or, Quebec, by early 2026, alongside launching a bulk sampling program at its Swanson Gold Project. This move is timely, as gold prices surge above $3,300 per ounce, with expectations to reach $4,000 by the second quarter of 2026, according to JP Morgan analysts. The company's initiative not only provides a much-needed milling option for surrounding gold projects but also positions LaFleur as a near-term gold producer in Canada's most prolific gold-producing region.

The Beacon Gold Mill, acquired by LaFleur in late 2024, has undergone over C$20 million in repairs and upgrades under its previous owner, Monarch Mining. LaFleur plans to invest an additional C$5-6 million for further upgrades, aiming for a conservative restart. The Swanson Project will see a minimum 5,000-metre diamond drilling program this month, with a Preliminary Economic Assessment (PEA) underway to evaluate open-pit mining and milling scenarios at current gold prices. A 100,000-tonne bulk sample from the Swanson Project is planned to be processed at the Beacon Mill, highlighting the project's potential for near-term production and exposure to the upside of surging gold prices.

For more information on the Swanson Gold Project, visit https://ibn.fm/ywO6A. The latest news and updates relating to LFLRF are available in the company’s newsroom at https://ibn.fm/LFLRF.