LaFleur Minerals Expands Gold Holdings in Abitibi Greenstone Belt

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) is expanding its property holdings in the Abitibi Greenstone Belt, Canada's largest gold-producing region, with the acquisition of 27 mineral claims adjacent to its recently acquired McKenzie East Project. The company now holds over 57,083 acres (approximately 23,101 hectares) in the belt, positioning itself for near-term production as its Beacon Gold Mill undergoes refurbishing upgrades.

The new claims add 701 hectares to LaFleur's portfolio and are located near Val-d'Or, Québec. According to the company, the claims are currently active and in good standing until June 12, 2027. The acquisition includes a historical gold showing, and LaFleur plans an aggressive exploration strategy on the property. This move follows the company's April acquisition of the McKenzie East Project, which includes a mill expected to resume production in the coming months after upgrades.

The restart of the Beacon Gold Mill is significant because gold prices are currently far above the levels when the mill ceased operations in 2022. This timing could enable LaFleur to capitalize on favorable market conditions. The mill's refurbishment is part of the company's strategy to become a near-term gold producer.

LaFleur's exploration and development activities are guided by Qualified Person Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor, who has reviewed the scientific and technical information in this release. The company's newsroom provides updates at https://ibn.fm/LFLRF.

The Abitibi Greenstone Belt is renowned for its gold endowment, hosting numerous historic and active mines. LaFleur's growing land position highlights its commitment to advancing projects in this prolific region. With the mill restart on the horizon, the company is poised to transition from explorer to producer.