FAQ: LaFleur Minerals' Gold Production Advancements at Swanson Gold Project and Beacon Mill
Summary
LaFleur Minerals is advancing toward restarting gold production at its Swanson Gold Deposit in Quebec's Abitibi Greenstone Belt, with production launch targeted for early next year and ongoing drilling showing promising near-surface intercepts that support a potential open-pit operation.
What is LaFleur Minerals Inc. and what are they currently working on?
LaFleur Minerals Inc. (CSE: LFLR, OTCQB: LFLRF) is a gold explorer and near-term producer that is advancing toward restarting gold production operations at its Swanson Gold Deposit in Quebec’s Abitibi Greenstone Belt.
Where is LaFleur’s gold project located and why is this location significant?
The project is located in the globally recognized Abitibi Greenstone Belt of Quebec, which is a renowned mining district known for its gold potential and favorable geological conditions.
What is the current status of LaFleur’s exploration activities?
LaFleur is currently undergoing a 7,500 metre drill program, with assayed results showing multiple mineralized zones and favorable conditions for a near-surface, open-pit operation at its Swanson Gold Project.
When does LaFleur expect to begin gold production?
Production launch is aimed for early next year, with the company currently obtaining technical information to guide dig operations and conducting a Preliminary Economic Assessment.
What infrastructure advantages does LaFleur have for production?
The company has a fully permitted tailings storage facility and gold mill capable of processing over 750 metric tons per day, located just 60 km from its exploration project, which significantly de-risks their position.
How large is LaFleur’s Swanson Gold Project site?
LaFleur has consolidated claims around its now district-scale 18,304-hectare (45,230-acre) Swanson site, providing substantial exploration and development potential.
What is the initial production plan for the Beacon Gold Mill?
Production at the nearby Beacon Gold Mill will begin with a de-risked bulk sample from the Swanson Gold Project, while further expansion following mineral structures across the site remains a potential option.
What technical information has been gathered from the drilling program so far?
The ongoing 7,500 metre drilling operation has produced assay results showing high-grade, near-surface intercepts, which support the potential for a near-surface, open-pit operation.
Who has reviewed and approved the scientific and technical information in this article?
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.
Where can investors find the latest news and updates about LaFleur Minerals?
The latest news and updates relating to LFLRF are available in the company’s newsroom at https://ibn.fm/LFLRF.
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