LaFleur Minerals Launches Confirmation Drilling Program at Swanson Gold Deposit

November 18th, 2025 2:50 PM
By: Newsworthy Staff

LaFleur Minerals has initiated a confirmation drilling program at its Swanson Gold Deposit in Quebec's Val-d'Or region to validate historical results and advance toward gold production restart at its Beacon Gold Mill.

LaFleur Minerals Launches Confirmation Drilling Program at Swanson Gold Deposit

LaFleur Minerals Inc. has launched a confirmation drilling program at its Swanson Gold Deposit in Val-d'Or, Quebec, supporting a Preliminary Economic Assessment for the restart of gold production at the company's Beacon Gold Mill. The 10-hole twinned-drilling campaign aims to validate historical results on the property while improving confidence in the geological model of the area. This strategic initiative will supply fresh core for ore-sorting and metallurgical test work, with the data feeding directly into an updated Mineral Resource Estimate.

The Canadian gold exploration and development company is advancing the district-scale Swanson Gold Project in Québec's prolific Abitibi Gold Belt while progressing toward the near-term restart of gold production at its wholly owned Beacon Gold Mill. LaFleur is strategically positioned for near-term gold production and strong valuation upside, with its fully permitted Beacon Gold Mill and Swanson Gold Project in Val-d'Or, one of the world's premier mining camps now seeing major consolidation. With both of LaFleur's assets in the heart of the Abitibi greenstone belt, Canada's largest gold producing region that is also recently subject to major M&A action, LaFleur offers exceptional leverage to record gold prices and growing regional demand for long-life, low-risk gold assets.

This timely milestone comes when gold prices continue to enhance the economics of the company's restart plans, promising strong margins, accelerated payback potential, and immediate exposure to cash flow from permitted, near-term production assets as detailed in their investor materials available at https://ibn.fm/ZE8Xh. LaFleur is in a unique position to offer critical milling services to area gold miners with their Beacon Gold Mill, providing important cash flow for the company's developing gold mining prospects. The confirmation drilling program represents a critical step in advancing the Swanson Gold Project toward production while simultaneously preparing for the restart of the Beacon Gold Mill operations.

The company's approach combines validation of historical data with modern exploration techniques to build confidence in the resource estimate and geological understanding of the deposit. This methodical progression from confirmation drilling through to updated resource estimation and preliminary economic assessment demonstrates LaFleur's systematic approach to project development in one of Canada's most established mining jurisdictions. The program's success could significantly impact the company's valuation and position in the competitive gold mining sector, particularly given the strategic location of both assets within the well-established Val-d'Or mining camp infrastructure.

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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