LaFleur Minerals Advances Mill Recommissioning Amid Record Gold Prices

LaFleur Minerals Inc. has made significant progress in recommissioning its 100%-owned Beacon Gold Mill located in the prolific Abitibi gold belt near Val d'Or, Quebec. The company has completed electrical and heating upgrades, cleanup measures, and mechanical inspections at the facility, which is strategically positioned near LaFleur's Swanson Gold Deposit. This work represents the first steps toward restarting operations under the company's vertically integrated mine-to-mill model.

The recommissioning efforts come as gold continues to achieve record prices in market trading, recently topping $5,000 per ounce with some analysts anticipating potential movement above $6,000 by year's end. This favorable market environment enhances the economic viability of LaFleur's processing operations and exploration activities. The Beacon Gold Mill is planned to support both LaFleur's own production and potentially serve as a custom processing facility for nearby mining operations in the region.

The Abitibi region hosts several large gold exploration operations and historic mines, creating potential custom contract opportunities for the Beacon Gold Mill as an additional revenue stream. Major companies operating in the area include Agnico Eagle, Eldorado Gold, and Probe Gold/Fresnillo, all of which represent potential clients for LaFleur's processing services. This diversification strategy allows the company to generate revenue while continuing to develop its Swanson Gold Project through exploration and mining activities.

Operational progress during November and December has positioned the Beacon Gold Mill to process an initial 100,000-tonne bulk sample from the Swanson Gold Deposit. The company has focused on inspecting critical safety infrastructure and restoring site services to prepare for this milestone. Winter conditions have not impeded the mobilization and restart activities, demonstrating the company's commitment to advancing its operations despite seasonal challenges in the northern Quebec location.

The latest news and updates relating to LaFleur Minerals are available in the company's newsroom at https://ibn.fm/LFLRF. All scientific and technical information has been reviewed and approved by Louis Martin, P.Geo., Exploration Manager and Technical Advisor of the company, who is considered a Qualified Person for the purposes of NI 43-101 standards. The company's progress represents a strategic positioning within Canada's most established gold mining region during a period of unprecedented precious metal valuations.