LaFleur Minerals Advances Beacon Gold Mill Restart, Targeting Early 2026 for Production in Abitibi Greenstone Belt

LaFleur Minerals plans to restart its Beacon Gold Mill in early 2026 after $3–5 million in upgrades, positioning it as a near-term revenue source through custom milling agreements while advancing the Swanson Gold Project.

Chicago Metrowire Staff
Business
LaFleur Minerals Advances Beacon Gold Mill Restart, Targeting Early 2026 for Production in Abitibi Greenstone Belt

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) is positioning its 100%-owned Beacon Gold Mill in Quebec’s Abitibi Greenstone Belt as a key near-term revenue driver while advancing its Swanson Gold Project toward production. The company plans to restart the mill in early 2026 following $3–5 million in upgrades, enabling processing of over 750 metric tons of ore per day. With neighboring mining firms already expressing interest in custom agreements, the mill could generate revenue even before LaFleur begins processing its own mineralized material. Backed by a favorable gold market outlook—with prices potentially surpassing $4,000 per ounce—LaFleur’s integrated approach offers investors early exposure to production in one of Canada’s most prolific gold regions. Early drilling results from Swanson have revealed promising sulfide-rich zones.

The Beacon Gold Mill is fully permitted and refurbished, capable of processing over 750 tonnes per day. It is being considered for processing mineralized material from Swanson and for custom milling operations for other nearby gold projects. This strategy could provide cash flow to fund further exploration and development of the Swanson Gold Project, which spans approximately 18,304 hectares (183 km2) and includes several prospects rich in gold and critical metals. The project was 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 Swanson Gold Project is easily accessible by road, allowing direct access to several nearby gold mills, further enhancing its development potential. For more details on the company's plans, view the full article at https://ibn.fm/OVuFh. The latest news and updates relating to LFLRF are available in the company’s newsroom at https://ibn.fm/LFLRF.

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