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LaFleur Minerals Swanson Gold Deposit Confirmation Drilling Program FAQ
TL;DR
LaFleur Minerals' confirmation drilling program positions the company for near-term gold production advantage with strong margins and accelerated payback potential amid record gold prices.
LaFleur Minerals is conducting a 10-hole twin-drilling campaign to validate historical results, improve geological models, and generate core samples for metallurgical testing and resource estimation.
LaFleur Minerals' gold production restart will create economic opportunities in Quebec's Abitibi region while providing critical milling services to support local mining operations and communities.
LaFleur Minerals is drilling in Quebec's prolific Abitibi Gold Belt, one of the world's premier mining camps now seeing major consolidation activity and record gold prices.
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The confirmation drilling program aims to validate historical results at the Swanson Gold Deposit, improve confidence in the geological model, and supply fresh core for ore-sorting and metallurgical test work to support a Preliminary Economic Assessment.
The program is located at the Swanson Gold Deposit in Val-d'Or, Quebec, within the prolific Abitibi Gold Belt, one of the world's premier mining camps.
The campaign consists of a 10-hole twinned-drilling program designed to validate previous results and generate high-quality core samples.
This program supports the restart of gold production at the company's Beacon Gold Mill and will feed data directly into an updated Mineral Resource Estimate, positioning the company for near-term gold production with strong valuation upside.
LaFleur owns the Swanson Gold Project and the fully permitted Beacon Gold Mill, both located in the Abitibi greenstone belt, Canada's largest gold producing region.
The Beacon Gold Mill provides critical milling services to area gold miners, generating important cash flow for the company's developing gold mining prospects and offering immediate exposure to cash flow from permitted, near-term production assets.
The location offers exceptional leverage to record gold prices and growing regional demand for long-life, low-risk gold assets, with key regional, fully-permitted infrastructure in a growing production corridor that is seeing major consolidation activity.
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.
The latest news and updates relating to LFLRF are available in the company's newsroom at https://ibn.fm/LFLRF
Curated from InvestorBrandNetwork (IBN)
