LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) announced results of a Preliminary Economic Assessment (PEA) for its proposed Swanson Gold Project in Québec, outlining a technically straightforward, capital-efficient development anchored by its 100%-owned Beacon Gold Mill. The PEA details an initial capital cost of C$31 million and projects a 65% after-tax internal rate of return (IRR), a net present value (NPV) of C$101 million at a 5% discount rate, and a payback period of 1.8 years at a base case gold price of US$2,750 per ounce, with an all-in sustaining cost of US$1,569 per ounce.
The updated 2026 Mineral Resource Estimate reflects a 30% increase in indicated resources to 160,300 ounces of contained gold, supporting a seven-year mine life. Plans to expand mill throughput to 1,250 tonnes per day are expected to enhance economies of scale and lower operating costs, while direct CN rail access between the Swanson deposit and Beacon Mill provides a logistical and cost advantage. The Beacon Gold Mill is fully permitted and refurbished, 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 Minerals is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. The company’s mission is to advance mining projects with a laser focus on its resource-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is approximately 18,304 hectares (183 km²) in size and includes several prospects rich in gold and critical metals. LaFleur has recently 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 PEA results underscore the project's strong economics and the strategic value of the Beacon Mill. Investors can find the latest news and updates relating to LFLRF in the company’s newsroom at http://ibn.fm/LFLRF. For more information on the full press release, visit https://ibn.fm/CDaUT.
