LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) has launched a confirmation drilling program at its Swanson Gold Deposit in Val-d'Or, Quebec, a move that supports the company's Preliminary Economic Assessment (PEA) for restarting gold production at its wholly owned Beacon Gold Mill. The 10-hole twinned-drilling campaign aims to validate historical results on the property, improve confidence in the geological model, and supply fresh core for ore-sorting and metallurgical test work. The data generated will feed directly into an updated Mineral Resource Estimate.
The Swanson Gold Project is located in the prolific Abitibi Gold Belt, one of the world's premier mining camps that has recently seen major consolidation, including transactions involving IAMGOLD and Probe/Fresnillo. LaFleur is strategically positioned with both its Swanson project and the fully permitted Beacon Gold Mill in the heart of this region, Canada's largest gold-producing area. The company offers critical milling services to area gold miners through its Beacon Mill, providing important cash flow while advancing its own mining prospects.
This drilling milestone comes at a time when gold prices continue to enhance the economics of LaFleur's restart plans, promising strong margins and accelerated payback potential. The company's near-term production assets provide immediate exposure to cash flow from permitted operations. For more details on the company's strategy, visit this link.
The technical information in this release has been reviewed and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the company, who is considered a Qualified Person under NI 43-101. The latest news and updates regarding LFLRF are available in the company's newsroom at https://ibn.fm/LFLRF.
