LaFleur Minerals Inc. is making significant progress toward restarting production at its Beacon Gold Mill in Val-d'Or, Québec, targeting early 2026 for operations to commence. This strategic initiative is supported by both a Preliminary Economic Assessment and an ongoing 5,000-metre diamond drilling program at the company's nearby Swanson Gold Project. The Beacon Mill represents a substantial asset with processing capacity of 750 tonnes per day and has received over C$20 million in upgrades, making it fully permitted and operational ready in a region known for its extensive gold deposits.
The Swanson Gold Project serves as the cornerstone of LaFleur's development strategy, featuring an NI 43-101 mineral resource of 123,400 ounces indicated and 64,500 ounces inferred. The company is currently finalizing a bulk sample plan that could involve up to 100,000 tonnes of material, complemented by additional mill enhancements estimated at C$5.6 million. With gold prices currently trading above $3,300 per ounce, LaFleur is positioned to accelerate its production timeline while simultaneously expanding its resource base through targeted exploration activities.
Located within the prolific Abitibi Gold Belt, the Swanson Gold Project encompasses approximately 16,600 hectares and contains multiple gold-rich prospects. The project benefits from excellent infrastructure, including road access and a rail line that traverses the property, providing direct connectivity to nearby gold processing facilities. LaFleur's Beacon Gold Mill, having undergone comprehensive refurbishment and receiving all necessary permits, is being considered not only for processing mineralized material from the Swanson Project but also for potential custom milling operations serving other gold projects throughout the region.
This comprehensive approach by LaFleur Minerals demonstrates the company's strategic commitment to maximizing asset value in a favorable gold market environment. By synchronizing the development of the Swanson Gold Project with the reactivation of the Beacon Gold Mill, the company aims to establish sustainable operations that can deliver long-term shareholder value while contributing to the regional mining economy in Québec's established gold district.
