LaFleur Minerals Advances Twinned-Hole Drilling at Swanson Gold Deposit to Support Beacon Mill Restart

November 4th, 2025 2:35 PM
By: Newsworthy Staff

LaFleur Minerals is progressing with a twinned-hole drilling program at its Swanson Gold Deposit to validate historical data and support a Preliminary Economic Assessment for restarting gold production at the Beacon Gold Mill, positioning the company to capitalize on record gold prices through vertical integration.

LaFleur Minerals Advances Twinned-Hole Drilling at Swanson Gold Deposit to Support Beacon Mill Restart

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) announced progress on its twinned-hole drilling program at the Swanson Gold Deposit to support a Preliminary Economic Assessment for restarting gold production at the Company's wholly owned Beacon Gold Mill. The 10-hole program is designed to validate historical drilling, confirm the continuity and scale of the mineralized system, collect core samples for metallurgical testing, and enhance the current Mineral Resource Estimate.

CEO Paul Teniere said the work, guided by Environmental Resources Management, aims to confirm data forming the basis of the resource model and position LaFleur to capitalize on record gold prices above $4,000 per ounce through a vertically integrated production scenario linking Swanson and Beacon. The company's 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 Swanson Gold Project encompasses approximately 18,304 hectares in the Abitibi Gold Belt near Val-d'Or, Québec, 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. The project's accessibility by road allows direct access to several nearby gold mills, further enhancing its development potential.

For additional information about the company's developments, investors can access updates through the company's newsroom at https://ibn.fm/LFLRF. The drilling program represents a critical step toward validating the economic viability of restarting operations at the Beacon Mill, which could position LaFleur Minerals to benefit from current favorable gold market conditions while advancing its district-scale gold projects in one of Canada's most prolific mining regions.

Source Statement

This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,

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