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FAQ on LaFleur Minerals Inc.'s Beacon Gold Mill Restart and Swanson Project Drilling

FaqStaq News - Just the FAQs June 23, 2025
By FAQstaq Staff
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FAQ on LaFleur Minerals Inc.'s Beacon Gold Mill Restart and Swanson Project Drilling

Summary

LaFleur Minerals Inc. is planning to restart production at its Beacon Gold Mill by early 2026 and is conducting a 5,000-metre diamond drilling program at its Swanson Gold Project, aiming to capitalize on high gold prices and expand its resource base.

What is LaFleur Minerals Inc. planning with its Beacon Gold Mill?

LaFleur Minerals Inc. is advancing plans to restart production at its 100%-owned Beacon Gold Mill in Val-d’Or, Québec by early 2026, supported by a Preliminary Economic Assessment and additional mill enhancements totaling ~C$5.6 million.

What is the significance of the Swanson Gold Project?

The Swanson Gold Project hosts an NI 43-101 mineral resource of 123,400 oz indicated and 64,500 oz inferred gold, making it a key asset for LaFleur Minerals Inc. in its mission to advance mining projects with significant potential for long-term value.

How does the Beacon Gold Mill’s capacity and location benefit LaFleur Minerals Inc.?

The Beacon Gold Mill is a 750 tpd facility with over C$20 million in upgrades, fully permitted and strategically located among numerous gold deposits, including Swanson, enhancing its development potential and ability to process mineralized material from Swanson and for custom milling operations.

What are LaFleur Minerals Inc.’s plans for the Swanson Gold Project?

LaFleur Minerals Inc. is finalizing a bulk sample plan of up to 100,000 tonnes and conducting a 5,000-metre diamond drilling program at its Swanson Gold Project to accelerate toward production and expand its resource base.

Why is the timing of the Beacon Gold Mill restart significant?

With gold prices above $3,300/oz, restarting production at the Beacon Gold Mill by early 2026 allows LaFleur Minerals Inc. to capitalize on favorable market conditions and enhance its financial and operational growth.

Where is the Swanson Gold Project located?

The Swanson Gold Project is located in the Abitibi Gold Belt near Val-d’Or, Québec, easily accessible by road with a rail line running through the property, providing direct access to several nearby gold mills.

Who can investors contact for more information about LaFleur Minerals Inc.?

Investors can visit LaFleur Minerals Inc.’s website at https://lafleurminerals.com/ or check the latest news and updates relating to LFLRF in the company’s newsroom at https://ibn.fm/LFLRF.

What makes the Abitibi Gold Belt a significant location for LaFleur Minerals Inc.?

The Abitibi Gold Belt is a prolific mining region, and LaFleur Minerals Inc.’s focus on developing district-scale gold projects here, including the Swanson Gold Project and the Beacon Gold Mill, positions the company in a strategic location with high potential for gold and critical metals.

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