LaFleur Minerals Inc. Launches Drilling Program and Confirms Strategic Mill Value
July 18th, 2025 1:37 PM
By: Newsworthy Staff
LaFleur Minerals Inc. has initiated a 5,000-metre diamond drilling program at its Swanson Gold Project and confirmed the strategic value of its Beacon Gold Mill, marking a significant step in its gold development efforts in Québec.

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) has commenced a fully funded 5,000-metre diamond drilling program at its Swanson Gold Project following the receipt of essential permits. This development underscores the company's progress in advancing its gold exploration activities in Québec. The drilling program is a critical component of LaFleur's strategy to evaluate the gold potential of the Swanson project, which is situated in the prolific Abitibi Gold Belt.
In addition to the drilling initiative, LaFleur has completed an independent valuation of its Beacon Gold Mill, revealing that the facility is in excellent condition. The estimated restart cost of C$4.1 million contrasts sharply with the replacement value of over C$71.5 million, highlighting the mill's strategic asset value to the company. The Beacon Gold Mill, capable of processing more than 750 tonnes per day, is being considered for processing mineralized material from the Swanson project and for potential custom milling operations for nearby gold projects.
Furthermore, LaFleur has expanded its Swanson land package to over 18,300 hectares, reinforcing its position as a junior miner with both a promising gold project and a fully permitted mill in a key mining district. This expansion, coupled with the commencement of the drilling program and the valuation of the mill, positions LaFleur Minerals Inc. for potential growth and value creation in the gold mining sector.
Source Statement
This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,
