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LaFleur Minerals Advances Swanson Deposit and Beacon Gold Mill Toward PEA Completion

By Editorial Staff

TL;DR

LaFleur Minerals' $7.8 million financing and mill restart plans position investors to capitalize on high gold prices through scalable production up to 4,000 tonnes per day.

LaFleur Minerals completed verification drilling, metallurgical studies, and tailings expansion evaluation to support a disciplined Preliminary Economic Assessment for restarting its 750-tonne-per-day Beacon Gold Mill.

LaFleur Minerals' efficient gold production restart in Québec supports local economic development while responsibly managing resources through permitted infrastructure and environmental planning.

LaFleur Minerals is leveraging its 18,304-hectare Swanson Gold Project and nearby railway discussions to potentially triple mill capacity in Québec's historic Abitibi Gold Belt.

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LaFleur Minerals Advances Swanson Deposit and Beacon Gold Mill Toward PEA Completion

LaFleur Minerals Inc. has reported significant technical and infrastructure advancements at its Swanson Gold Deposit and wholly owned Beacon Gold Mill in Québec as the company enters the final stages of its Preliminary Economic Assessment. The progress includes completed verification drilling to support the PEA, ongoing metallurgical and mill optimization studies, and evaluation of permitted tailings facility expansion, all supporting a disciplined, capital-efficient restart of gold production.

With gold prices well above levels seen during Beacon's last operation in 2022, the company is advancing plans to restart the 750-tonne-per-day mill, which is scalable under the PEA to 1,000 tpd and potentially 3,000–4,000 tpd longer term. This expansion would leverage feed from the nearby Swanson Gold Project, located approximately 18,304 hectares in size along a major structural break that hosts the Swanson, Bartec and Jolin gold deposits.

LaFleur also highlighted recently completed $7.8 million financing to fully fund the mill restart, continued metallurgical testing and infrastructure planning. The company has engaged in preliminary discussions with Canadian National Railway on rail enhancements to support long-term production and logistics efficiencies. The Swanson Gold Project is easily accessible by road, allowing direct access to several nearby gold mills and further enhancing its development potential.

The company's fully permitted and refurbished Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material from Swanson and for custom milling operations for other nearby gold projects. Additional information about the company's developments is available in their newsroom at https://ibn.fm/dEHHy.

For business and technology leaders monitoring the mining sector, these developments represent a strategic move to capitalize on favorable gold market conditions while implementing scalable infrastructure. The integration of the Swanson deposit with the existing Beacon mill creates operational synergies that could reduce development timelines and capital requirements compared to greenfield projects. The focus on rail enhancements and custom milling opportunities suggests a broader vision for regional mining infrastructure development beyond LaFleur's immediate assets.

The company's approach demonstrates how established mining infrastructure, when combined with strategic land consolidation and systematic technical advancement, can create value even in competitive mining jurisdictions like Québec's Abitibi Gold Belt. The progress toward PEA completion provides investors and industry observers with concrete milestones to assess the project's economic viability and strategic positioning within the North American gold mining landscape.

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Editorial Staff

Editorial Staff

@editorial-staff

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