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FAQ: LaFleur Minerals' Twinned-Hole Drilling Program and Beacon Mill Restart Plans
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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The 10-hole twinned-hole drilling program aims to validate historical drilling data, confirm the continuity and scale of the mineralized system, collect core samples for metallurgical testing, and enhance the current Mineral Resource Estimate.
This program supports a Preliminary Economic Assessment for restarting gold production at the Beacon Gold Mill and positions the company to capitalize on record gold prices above $4,000 per ounce through a vertically integrated production scenario.
The Swanson Gold Project is located in the Abitibi Gold Belt near Val-d'Or, Québec, covering approximately 18,304 hectares (183 km²) and is easily accessible by road with direct access to several nearby gold mills.
The Beacon Gold Mill is LaFleur Minerals' wholly owned, fully-permitted and refurbished facility capable of processing over 750 tonnes per day, being considered for processing mineralized material from Swanson and for custom milling operations for other nearby gold projects.
Environmental Resources Management (ERM) is guiding the work, aiming to confirm data forming the basis of the resource model and ensure proper environmental and technical standards are maintained.
The vertical integration scenario linking the Swanson Gold Deposit with the Beacon Gold Mill would allow LaFleur Minerals to control the entire production process from mining to milling, potentially increasing efficiency and profitability while capitalizing on high gold prices.
The Swanson Gold Project includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining, and has recently been consolidated along a major structural break that hosts multiple gold deposits and showings.
The latest news and updates relating to LFLRF are available in the company's newsroom at http://ibn.fm/LFLRF.
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