LaFleur Minerals Advances Swanson Deposit and Beacon Gold Mill Toward PEA Completion
January 27th, 2026 2:05 PM
By: Newsworthy Staff
LaFleur Minerals is progressing toward completing its Preliminary Economic Assessment for the Swanson Gold Deposit and Beacon Gold Mill in Québec, supported by $7.8 million in financing and technical advancements that could enable a capital-efficient restart of gold production.

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) reported major technical and infrastructure advancements at its Swanson Gold Deposit and wholly owned Beacon Gold Mill in Québec as it enters the final stages of its Preliminary Economic Assessment. Progress includes completed verification drilling to support the PEA, ongoing metallurgical and mill optimization studies, and evaluation of permitted tailings facility expansion, all supporting a disciplined, capital-efficient restart of gold production.
With gold prices well above levels seen during Beacon's last operation in 2022, the company is advancing plans to restart the 750-tonne-per-day mill, scalable under the PEA to 1,000 tpd and potentially 3,000–4,000 tpd longer term, leveraging feed from its nearby Swanson Gold Project. LaFleur also highlighted recently completed $7.8 million financing to fully fund the mill restart, continued metallurgical testing and infrastructure planning, and preliminary discussions with Canadian National Railway on rail enhancements to support long-term production and logistics efficiencies.
The Swanson Gold Project is approximately 18,304 hectares (183 km²) 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 Swanson Gold Project is easily accessible by road allowing direct access to several nearby gold mills, further enhancing its development potential.
Lafleur Minerals' 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 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 latest news and updates relating to LFLRF are available in the company's newsroom at http://ibn.fm/LFLRF.
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