LaFleur Minerals Advances Swanson Gold Deposit Drilling Program to Support Production Restart
TL;DR
LaFleur Minerals' drilling program positions the company to capitalize on record gold prices above $4,000 per ounce through vertically integrated production.
LaFleur Minerals is conducting a 10-hole twinned-hole drilling program to validate historical data, confirm mineralization continuity, and enhance the Mineral Resource Estimate.
LaFleur Minerals' project development in Québec's Abitibi Gold Belt aims to create long-term economic value and sustainable mining operations for local communities.
LaFleur Minerals controls an 18,304-hectare gold project with a fully-permitted mill capable of processing over 750 tonnes of material daily.
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LaFleur Minerals Inc. has announced significant progress on its twinned-hole drilling program at the Swanson Gold Deposit, a critical step toward supporting a Preliminary Economic Assessment for restarting gold production at the company's wholly owned Beacon Gold Mill. The 10-hole program serves multiple essential purposes: validating historical drilling data, confirming the continuity and scale of the mineralized system, collecting core samples for metallurgical testing, and enhancing the current Mineral Resource Estimate. This comprehensive approach ensures that all technical aspects are thoroughly addressed before moving forward with production decisions.
CEO Paul Teniere emphasized that the work, guided by Environmental Resources Management, aims to confirm data forming the basis of the resource model and position LaFleur to capitalize on record gold prices above $4,000 per ounce through a vertically integrated production scenario linking Swanson and Beacon. The company's latest news and updates relating to LFLRF are available in the company's newsroom at https://ibn.fm/LFLRF. The Swanson Gold Project represents a significant land package in the Abitibi Gold Belt near Val-d'Or, Québec, covering approximately 18,304 hectares and including several prospects rich in gold and critical metals.
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. This strategic consolidation enhances the project's overall potential and creates synergies between different mineralized zones. The project's accessibility by road allows direct access to several nearby gold mills, further enhancing its development potential and reducing logistical challenges that often plague remote mining operations.
LaFleur Minerals' 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. This dual-use approach maximizes the mill's value and creates additional revenue streams beyond the company's own production. The company's mission focuses on advancing mining projects with particular emphasis on the resource-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value to stakeholders.
The current drilling program represents a critical step toward validating the historical data that will form the foundation for the Preliminary Economic Assessment and subsequent production decisions. For more information about Rocks & Stocks, the specialized communications platform delivering insights into the mining industry, visit https://RocksAndStocks.news. The platform provides access to a vast network of wire solutions via InvestorWire and delivers article and editorial syndication to over 5,000 outlets, along with enhanced press release services and social media distribution. The successful execution of this drilling program could significantly advance LaFleur's position in the gold mining sector and contribute to the regional economy through job creation and infrastructure development.
Curated from InvestorBrandNetwork (IBN)
