LaFleur Minerals Advances Exploration at Swanson Gold Project Amid Record Gold Prices
TL;DR
LaFleur Minerals' gold exploration in a prime Quebec location offers investors early entry advantage amid rising gold prices predicted to exceed $4,000 per ounce.
LaFleur Minerals has drilled seven diamond holes, sampled three, and filed an updated NI 43-101 report while restarting its Beacon Gold Mill for processing.
LaFleur Minerals' gold development creates local jobs and economic growth in Quebec while responsibly exploring mineral resources for future needs.
LaFleur Minerals explores 18,304 hectares in Quebec's Abitibi Greenstone Belt, a globally renowned gold district with record-high prices driving excitement.
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LaFleur Minerals Inc. is advancing exploration at its Swanson Gold Project located in Québec's Abitibi Greenstone Belt near Val-d'Or, a globally recognized gold district. The company has completed seven diamond drill holes totaling 1,764 meters as part of an ongoing 5,000-meter program, with three holes already sampled, sawn, and sent to the assay laboratory for analysis. These activities target geological, geophysical, and geochemical prospects extending up to 3 km from the established Swanson Gold Deposit.
The 18,304-hectare property represents substantial gold potential within a region celebrated for its mineral wealth. LaFleur has implemented funding initiatives to raise capital for operations and has filed an updated NI 43-101 Technical Report for the Swanson Gold Project. The company is simultaneously working to restart operations at its fully permitted and refurbished Beacon Gold Mill, which could eventually generate revenue from processing nearby mine production as well as potential mineralized material from Swanson. These strategic developments occur as gold prices have reached record highs, with some analysts forecasting prices may continue rising beyond $4,000 per ounce in the coming year.
The exploration advancements and capitalization efforts position LaFleur Minerals to potentially capitalize on both the favorable gold market conditions and the strategic location of its projects within one of Canada's most productive gold districts. The integration of active drilling programs, mill refurbishment, and strengthened financial positioning indicates the company is building momentum toward becoming a near-term gold producer in Québec's established mining region. All scientific and technical information has been reviewed and approved by Louis Martin, P.Geo., OGQ, Exploration Manager and Technical Advisor of the company, who is considered a Qualified Person for the purposes of NI 43-101. The company's progress can be monitored through its newsroom available online.
Curated from InvestorBrandNetwork (IBN)
