LaFleur Minerals Advances Toward Gold Production with Quick-Start Strategy and Trafigura Agreement

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) is advancing toward near-term gold production through a strategic quick-start approach at its wholly owned Beacon Gold Mill, utilizing stockpiles left by a previous operator. The company expects to resume operations within the next few months, supported by a potential prepaid facility and off-take agreement with Trafigura Canada Limited, one of the world's largest independent commodity trading and logistics groups. This agreement, currently in due diligence, contemplates the purchase of gold doré and future funding as operations scale.

The Beacon Mill and nearby Swanson Gold Deposit are located in the prolific Abitibi Gold Belt in eastern Canada, within the Val d'Or community—a central hub for mining resources and staffing. The mill, refurbished by LaFleur, was operational in 2022 under previous ownership before a temporary halt. The company's strategy leverages existing infrastructure and stockpiles to reduce startup time and capital requirements, aiming to generate cash flow quickly in a favorable gold price environment.

Gold prices, while below January's record highs above $5,000, remain significantly elevated compared to two years ago, providing a strong backdrop for production. LaFleur's approach is designed to capitalize on this market condition without the delays typically associated with new mine development. The Trafigura agreement, if finalized, would provide additional financial flexibility and a guaranteed offtake channel, reducing market risk.

The company's technical information has been reviewed by Louis Martin, P.Geo., Exploration Manager and Technical Advisor, who is a Qualified Person under NI 43-101. For the latest updates, visit the company's newsroom at https://ibn.fm/LFLRF.

This announcement underscores LaFleur's positioning as a near-term gold producer in a tier-one mining jurisdiction. The quick-start strategy, combined with financial backing from Trafigura, could enable the company to rapidly transition from refurbishment to production, generating revenue and shareholder value. The Abitibi Gold Belt's established infrastructure and skilled workforce further enhance the project's viability.

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