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FAQ: LaFleur Minerals Inc. Coverage by Zacks SCR and Market Re-Rating
TL;DR
LaFleur Minerals offers investors a strategic advantage with its $70 million Beacon Gold Mill acquired for $1.2 million, poised for gold production amid record prices.
LaFleur Minerals secured $7.8 million in financing to restart its Beacon Gold Mill, which processes ore from the 18,000-hectare Swanson Gold Project via crushing and leaching circuits.
LaFleur Minerals' operations in Quebec's Abitibi Greenstone Belt support local economies and contribute to sustainable gold production in Canada's largest gold-producing region.
LaFleur Minerals owns a gold mill worth over $70 million, purchased for just $1.2 million, and holds 445 mineral claims across 44,500 acres in Quebec.
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The article covers LaFleur Minerals Inc. receiving coverage from Zacks Small Cap Research, which increases its market visibility and indicates a fair market value of $1.04 as the company prepares to launch gold production in Quebec.
The coverage increases LaFleur Minerals' market visibility and indicates a fair market value of $1.04, which could lead to a market re-rating as the company prepares for gold production.
LaFleur Minerals has closed three financing drives for a total of $7.8 million to restart gold production operations at its wholly-owned Beacon Gold Mill.
The Beacon Gold Mill is located along Route 117 in Val d'Or, Quebec, and the Swanson Gold Project is situated about 50 km to the north, within ideal trucking distance to supply the mill.
The Beacon Gold Mill has an estimated replacement value exceeding $70 million, though it was acquired at a bankruptcy sale for $1.2 million.
The company has 445 mineral claims and one mining lease on its Swanson Gold Project, which spans more than 18,000 hectares (about 44,500 acres).
All scientific and technical information was reviewed and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the company, who is considered a Qualified Person for NI 43-101 purposes.
The latest news and updates relating to LFLRF are available in the company's newsroom at https://ibn.fm/LFLRF.
The mill contains crushing, grinding, flotation, regrind, leaching and Merrill-Crowe circuits capable of processing gold ore.
LaFleur is uniquely situated because it owns the Beacon Gold Mill with an estimated replacement value exceeding $70 million, acquired for only $1.2 million, and is preparing for gold production in the renowned Abitibi Greenstone Belt during a period when gold has hit new market records.
Curated from InvestorBrandNetwork (IBN)
