LaFleur Minerals Advances Beacon Gold Mill Restart in Val-d'Or Mining Camp

February 18th, 2026 3:50 PM
By: Newsworthy Staff

LaFleur Minerals Inc. is progressing toward restarting its Beacon Gold Mill in Québec's Abitibi Greenstone Belt, with electrical upgrades, mechanical refurbishments, and safety enhancements largely complete, positioning the company for renewed gold production through its vertically integrated mine-to-mill strategy.

LaFleur Minerals Advances Beacon Gold Mill Restart in Val-d'Or Mining Camp

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) provided an update on progress toward restarting its 100%-owned Beacon Gold Mill in Val-d'Or, Québec, alongside advancement of its Preliminary Economic Assessment and near-term production strategy. The Company reported that electrical upgrades and winterization improvements are largely complete, key mechanical systems have been refurbished and inspected, and modern safety enhancements have been installed, with approximately 30% of the restart budget deployed to date under cost control.

Positioned within the prolific Abitibi Greenstone Belt and supported by its Swanson Gold Deposit located 60 kilometers from the mill, LaFleur said the vertically integrated mine-to-mill strategy is designed to accelerate the pathway to renewed gold production in the Valley of Gold. The fully permitted and refurbished Beacon Gold Mill is 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.

The Swanson Gold Project is approximately 18,304 hectares in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. 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 which make up the Swanson Gold Project. The project is easily accessible by road allowing direct access to several nearby gold mills, further enhancing its development potential.

This development matters because it represents a significant step toward revitalizing gold production in one of Canada's most historic mining regions. The Abitibi Greenstone Belt has produced over 180 million ounces of gold historically, and LaFleur's progress with the Beacon Gold Mill restart could contribute to renewed economic activity in the region. The company's focus on district-scale gold projects in this prolific mining camp positions it to potentially benefit from ongoing gold market dynamics and regional infrastructure advantages.

The implications of this announcement extend beyond LaFleur's corporate strategy to broader regional economic development. Successful mill restart could create local employment opportunities and support ancillary businesses in the Val-d'Or area. For investors, the progress update provides tangible evidence of execution on the company's stated objectives, with approximately 30% of the restart budget already deployed under cost control measures. The latest news and updates relating to LFLRF are available in the company's newsroom at http://ibn.fm/LFLRF.

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 focus on its resource-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value. The vertical integration strategy combining the Swanson deposit with the Beacon mill represents a potentially efficient pathway to production that could reduce capital requirements and accelerate timelines compared to traditional greenfield development approaches.

Source Statement

This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,

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