LaFleur Minerals Advances Beacon Gold Mill Restart with High-Grade Swanson Deposit Results

LaFleur Minerals Inc. has provided a significant update on ramp-up activities at its Beacon Gold Mill and Swanson Gold Deposit located in Québec's Abitibi Gold Belt. The company is currently completing mill maintenance, planning drilling near the historic Beacon Mine, and preparing logistics to restart production using mineralized material from the Swanson Deposit. This progress is supported by an independent evaluation that confirms restart readiness within a $5 million budget while highlighting replacement costs exceeding C$71.5 million.

The company is also finalizing a comprehensive preliminary economic assessment due by October 2025. At the Swanson Deposit, drilling activities have yielded promising results with 24 drill holes totaling 5,283 metres completed. Initial assays from six holes have returned high-grade, near-surface intercepts and step-out extensions that reinforce the scale, continuity, and open-pit potential of the deposit. These findings are crucial for demonstrating the economic viability of the project as detailed in the company's technical reports available at https://ibn.fm/NtLIe.

The Beacon Gold Mill represents a significant asset for LaFleur Minerals, being fully permitted and refurbished with capacity to process over 750 tonnes per day. The mill's strategic location allows for potential processing of mineralized material from Swanson and custom milling operations for other nearby gold projects. The company's consolidation of a large land package along a major structural break that hosts multiple gold deposits enhances the district-scale potential of the Swanson Gold Project.

The advancement of these projects occurs within the context of Québec's established mining jurisdiction, known for its supportive regulatory environment and extensive infrastructure. The Swanson Gold Project's accessibility by road provides direct access to several nearby gold mills, further enhancing its development potential. Additional corporate information and regulatory filings can be accessed through the company's disclosure documents at http://ibn.fm/LFLRF.

These developments position LaFleur Minerals to potentially capitalize on the favorable gold market conditions while contributing to the regional economy in the Abitibi region. The combination of near-term production potential from the Beacon Mill and the longer-term development opportunity at Swanson creates a balanced approach to value creation for stakeholders. The company's progress reflects the ongoing exploration and development activity characteristic of the Abitibi Gold Belt, one of the world's most prolific gold-producing regions.