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LaFleur Minerals Expands Abitibi Gold Belt Holdings, Advances Mill Restart Plans

By Editorial Staff
LaFleur Minerals expands its Abitibi Gold Belt land position and moves forward with the Beacon Gold Mill restart, positioning for district-scale gold production.
LaFleur Minerals Expands Abitibi Gold Belt Holdings, Advances Mill Restart Plans

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) has announced the expansion of its project holdings in Québec’s Abitibi Greenstone Belt, a region renowned for its prolific gold production. The company has acquired 27 mineral claims totaling approximately 701 hectares adjacent to its McKenzie East Project, bringing its total land position in the Abitibi to more than 23,100 hectares across 490 claims. This acquisition adds ground containing a historical Maruska gold showing, which LaFleur plans to explore through data compilation, drilling, and other exploration activities.

The expansion is part of LaFleur’s broader district-scale strategy, which aims to consolidate a large land package along a major structural break that hosts several gold deposits and showings. The company’s focus is on the development of gold projects in the Abitibi Gold Belt near Val-d’Or, Québec, a region with strong infrastructure and access to mining resources. The newly acquired claims are expected to enhance the company’s exploration upside and contribute to its long-term growth objectives.

In parallel, LaFleur is refurbishing its 100%-owned Beacon Gold Mill, which is capable of processing over 750 tonnes per day. The company expects to restart operations in the coming months, initially processing existing stockpiles and potentially material from its Swanson Gold Project. The mill’s restart is a key component of LaFleur’s strategy, as it provides a local processing solution for its projects and potential custom milling services for other nearby gold projects.

The combination of expanded land holdings, exploration opportunities, and planned mill operations positions LaFleur to capitalize on the region’s rich mining history and infrastructure. The Abitibi Greenstone Belt is one of the world’s most prolific gold-producing regions, and LaFleur’s consolidated land package includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining.

The company recently released the results of a positive Preliminary Economic Assessment (PEA) for its Swanson Gold Project, which is approximately 19,214 hectares in size and includes several gold deposits. The PEA, combined with the mill restart, underscores LaFleur’s commitment to advancing its projects toward production. The Swanson Gold Project is easily accessible by road, allowing direct access to several nearby gold mills, further enhancing its development potential.

This strategic expansion and mill restart are significant for LaFleur Minerals and the broader mining industry in Québec. By increasing its land position and reactivating processing infrastructure, the company is positioning itself to become a key player in the region’s gold sector. For investors and industry observers, these developments signal a proactive approach to capitalizing on the Abitibi’s mineral wealth.

The announcement was featured in a recent article discussing the company’s efforts, which can be viewed at https://ibn.fm/l2gQn. LaFleur Minerals continues to focus on its mission to advance mining projects with significant potential to deliver long-term value.

Editorial Staff

Editorial Staff

@editorial-staff

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