LaFleur Minerals Advances Multi-Pronged Growth Strategy Across Beacon Mill and Swanson Gold Project
May 22nd, 2026 7:46 PM
By: Newsworthy Staff
LaFleur Minerals is advancing its growth strategy by restarting operations at the Beacon Gold Mill and developing the Swanson Gold Deposit, capitalizing on gold price volatility in the Abitibi greenstone belt.

LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) is making significant strides in restarting its Beacon Gold Mill and advancing the nearby Swanson Gold Deposit, part of the company's 192-square-kilometer Swanson Project in the Abitibi gold belt. The company's CEO, Paul Ténière, highlighted the recent busy quarter marked by major developments and volatile gold prices, which have ranged from $4,000 to $5,400 per ounce in 2025. The Abitibi greenstone belt, known for over 300 million ounces of gold production, provides a strong foundation for LaFleur's strategic acquisitions and experienced management team.
LaFleur has been in discussions with rail officials to improve transit between the Swanson Project and the Beacon Mill by proposing a new rail spur that would connect the rail line crossing the property directly to the mill. This infrastructure enhancement could significantly reduce transportation costs and improve operational efficiency. The company also anticipates potential open-pit gold recovery across the entire Swanson Project, which includes 445 mineral claims and one mining lease. Diamond drilling intercepts have shown promising results, including 2.05 g/t Au over 158.25 meters and narrow high-grade intervals such as 121.0 g/t Au over 1.1 meters.
The Beacon Gold Mill, fully permitted and refurbished, has a capacity of over 750 tonnes per day. It is being considered for processing mineralized material from Swanson as well as custom milling for other nearby gold projects. This dual-purpose strategy could generate immediate revenue while the Swanson deposit is further developed. The company's land package, consolidated along a major structural break, includes the Swanson, Bartec, and Jolin gold deposits, enhancing its development potential.
For more details, the full article can be viewed at https://ibn.fm/jWhke. LaFleur Minerals continues to focus on delivering long-term value through its 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. The Swanson Gold Project is easily accessible by road, allowing direct access to several nearby gold mills, further enhancing its development prospects.
Source Statement
This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,
