LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) has reported results from its ongoing drilling program at the Swanson Gold Project, highlighting broad and continuous gold mineralization that the company says supports expansion potential beyond the current mineral resource model and planned open-pit limits. The drilling targeted previously under-tested areas between 90 and 250 meters vertical depth.
Key intercepts included 2.95 grams per tonne (g/t) gold over 80.0 meters, 2.37 g/t gold over 88.05 meters, and 1.29 g/t gold over 93.85 meters. The infill program successfully confirmed continuity of mineralization across large gaps in historic drilling data, while also identifying higher-grade sub-intervals, including 232.0 g/t gold over 0.5 meters. According to the company, the results strengthen confidence in the scale of the Swanson system as it advances development plans tied to its recently released preliminary economic assessment (PEA) and planned restart of the 100%-owned Beacon Gold Mill.
The Swanson Gold Project, located in the Abitibi Gold Belt near Val-d’Or, Québec, spans approximately 19,214 hectares (192 km²) and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings. The project is easily accessible by road, allowing direct access to several nearby gold mills, further enhancing its development potential.
The company’s recently 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. LaFleur recently released the results of a positive PEA for the Swanson Gold Project and the planned restart of the Beacon Gold Mill, as per a press release dated March 3, 2026.
For investors, these drilling results are significant because they indicate that the Swanson deposit may be larger and more continuous than previously modeled, potentially improving the economics of the project and supporting a longer mine life. The confirmation of mineralization at depth and across wide intervals could lead to an updated resource estimate and influence the feasibility study, which are critical steps toward production. Additionally, the proximity to the company’s own mill reduces processing costs and logistical risks, giving LaFleur a strategic advantage over peers in the region.
The broader implications for the gold mining industry in Québec’s Abitibi belt are also noteworthy. As one of Canada’s most prolific gold-producing regions, any expansion of resources at Swanson could attract further investment and development activity in the area. The use of the Beacon Mill for custom milling could also provide a service to other nearby projects, fostering a collaborative mining ecosystem.
To view the full press release, visit https://ibn.fm/9utaN. For the latest news and updates relating to LFLRF, visit the company’s newsroom at http://ibn.fm/LFLRF.
