FAQ: LaFleur Minerals' Swanson Gold Deposit Confirmation Drilling and Beacon Mill Restart
TL;DR
LaFleur Minerals' drilling program positions the company to capitalize on record gold prices by advancing toward near-term production at its Swanson Gold Deposit.
LaFleur Minerals is conducting a 10-hole confirmation drilling program to validate historical results and strengthen the geological model for its Swanson Gold Project.
LaFleur Minerals' project development in Québec supports regional economic growth while advancing responsible gold production during favorable market conditions.
LaFleur Minerals' 18,304-hectare Swanson Gold Project includes multiple historic deposits and a fully-permitted mill capable of processing 750 tonnes daily.
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LaFleur Minerals has initiated a 10-hole confirmation drilling program at its Swanson Gold Deposit to validate historical drill results and support a Preliminary Economic Assessment for restarting operations at the Beacon Gold Mill.
This program marks a key step toward restarting gold production at record market prices, strengthens the geological model, and provides new core for metallurgical testing to support the Beacon Mill restart.
The Swanson Gold Deposit is located in Val-d'Or, Québec, within the Abitibi Gold Belt, and is approximately 18,304 hectares (183 km²) in size.
The program consists of 10 holes designed to validate historical drill results, strengthen the geological model, and provide new core for metallurgical testing.
The confirmation drilling program is being conducted by Environmental Resources Management.
Assay results from the twinned holes are expected in the coming weeks according to CEO Paul Teniere.
The Beacon Gold Mill is LaFleur Minerals' fully-permitted and refurbished mill capable of processing over 750 tonnes per day, being considered for processing mineralized material from Swanson and for custom milling operations.
The project is easily accessible by road allowing direct access to several nearby gold mills, has been consolidated along a major structural break hosting multiple gold deposits, and includes prospects previously held by established mining companies.
The latest news and updates relating to LFLRF are available in the company's newsroom at http://ibn.fm/LFLRF.
LaFleur Minerals is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d'Or, Québec, with particular emphasis on the resource-stage Swanson Gold Project and Beacon Gold Mill.
Curated from InvestorBrandNetwork (IBN)
