LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) is advancing toward restarting gold production at its Swanson Gold Deposit, located in the globally recognized Abitibi Greenstone Belt of Quebec. The company is targeting early next year for production launch, utilizing its fully permitted Beacon Gold Mill, which is situated just 60 kilometers from the Swanson site. This mill has a capacity of over 750 metric tons per day and is supported by a fully permitted tailings storage facility, significantly de-risking the operation.
To guide mining operations, LaFleur is conducting a Preliminary Economic Assessment and gathering technical data through an ongoing 7,500-meter drill program. Assay results from this program have already revealed multiple mineralized zones and high-grade, near-surface intercepts, indicating favorable conditions for a near-surface, open-pit operation. The Swanson Gold Project now encompasses a district-scale 18,304-hectare (45,230-acre) land package, with LaFleur consolidating claims to expand its footprint.
The company plans to initiate production with a de-risked bulk sample from Swanson, processed at the Beacon Mill. This approach allows LaFleur to generate cash flow while further exploration continues along mineral structures across the site, potentially expanding the resource base. The strategic location in the Abitibi Greenstone Belt, a prolific gold-producing region, enhances the project's prospects.
Qualified Person Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the company, has reviewed and approved the scientific and technical information contained in this article for the purposes of NI 43-101. For the latest news and updates, visit the company's newsroom at https://ibn.fm/LFLRF.
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