LaFleur Minerals Acquires McKenzie East Gold Project in Val-d'Or Mining District

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) has announced the acquisition of a 100% interest in the McKenzie East Gold Project, located in Quebec's Val-d'Or mining district. The property, acquired through an arm's-length agreement, is contiguous with the McKenzie Break Gold Deposit owned by Fresnillo plc, one of the world's largest silver producers. The project benefits from established regional infrastructure, including road access and proximity to power lines, which significantly reduces development costs.

Historical exploration on the McKenzie East property has identified anomalous gold mineralization, including visible gold in drill core. LaFleur plans to advance systematic exploration to define resources and assess the potential for the project to serve as mill feed for its nearby Beacon Gold Mill, which has a capacity of over 750 tonnes per day. The acquisition consideration includes $30,000 in cash and 175,000 common shares, subject to exchange approval.

The Val-d'Or mining district is a world-class gold-producing region with a history of over 90 million ounces of gold production. LaFleur's strategy focuses on consolidating district-scale gold projects in the Abitibi Greenstone Belt. The company's flagship Swanson Gold Project, located approximately 50 kilometers north of Val-d'Or, recently received positive results from a Preliminary Economic Assessment (PEA), as detailed in a press release dated March 3, 2026. The Beacon Gold Mill, recently refurbished, is central to LaFleur's plans to process mineralized material from its projects and offer custom milling services to other nearby operations.

This acquisition underscores LaFleur's commitment to expanding its land package in the region. The McKenzie East Gold Project adds to the company's portfolio of gold assets, which includes the Swanson, Bartec, and Jolin gold deposits. The project's proximity to the Beacon Mill enhances its strategic value, as it could provide near-term feed for the mill, potentially reducing transportation costs and improving project economics.

For more details on the acquisition, the full press release is available at https://nnw.fm/v9VIR. LaFleur Minerals continues to advance its projects with a focus on delivering long-term value to shareholders. The company's newsroom provides the latest updates at http://nnw.fm/LFLRF.