LaFleur Minerals Appoints Three Directors to Strengthen Mining and Capital Markets Expertise

LaFleur Minerals Inc. announced the appointments of Paul Ténière, Peter Espig and Jeff Swinoga to its board of directors as the company advances development of the Swanson Gold Project and plans to restart gold production at the Beacon Gold Mill in Québec's Abitibi Gold Belt. The company said the new directors bring extensive experience across mining operations, capital markets and corporate leadership, supporting governance and strategic oversight during its next phase of project development and planned production restart in Val-d'Or, Quebec, while Preet Gill and Harveer Sidhu have resigned from the board effective March 15, 2026.

LaFleur Minerals Inc. is focused on the development of 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 our resource-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value. 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 latest news and updates relating to LFLRF are available in the company's newsroom at http://ibn.fm/LFLRF.

This announcement matters because it represents a strategic strengthening of LaFleur Minerals' leadership team at a critical juncture in the company's development. The appointment of three directors with specific expertise in mining operations and capital markets directly supports the company's dual objectives of advancing the Swanson Gold Project while preparing to restart production at the Beacon Gold Mill. The implications of this board restructuring suggest a focused approach to project execution and capital allocation, potentially accelerating development timelines and improving operational readiness.

The timing of these appointments coincides with LaFleur's consolidation of a significant land package in the Abitibi Gold Belt, one of Canada's most prolific gold-producing regions. The company's ability to leverage the Beacon Gold Mill's processing capacity for both its own Swanson project and potential custom milling operations for nearby projects creates multiple revenue streams and operational synergies. This board strengthening signals to investors and stakeholders that LaFleur is positioning itself for the next phase of growth, with experienced leadership to navigate the complexities of project development, financing, and production restart in a competitive mining jurisdiction.