LaFleur Minerals Positioned to Capitalize on Gold Market Momentum with Swanson Project and Beacon Gold Mill
October 29th, 2025 1:15 PM
By: Newsworthy Staff
LaFleur Minerals is advancing its 18,304-hectare Swanson gold project in Quebec while leveraging its fully permitted Beacon Gold Mill, which offers significant processing capacity and custom milling opportunities during a period of strong gold prices.

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) is developing approximately 18,304 hectares of the Swanson site in Quebec's Abitibi Gold Belt, with initial investigations and nearby gold recovery indicating strong potential for gold production. The company benefits from extensive data and results from over 36,000 metres of historical drilling conducted across the property. The Swanson Gold Project spans 183 square kilometers and includes several gold-rich prospects previously held by established mining companies including Monarch Mining, Abcourt Mines, and Globex Mining.
The company has consolidated a substantial land package along a major structural break that hosts multiple gold deposits and showings, with easy road access enhancing development potential. As gold prices have reached elevated levels in recent months, miners are seeking rapid processing opportunities to capitalize on market optimism. LaFleur serves as a valuable conduit for regional deposits wanting to begin production without their own processing facilities through its fully permitted and recently refurbished Beacon Gold Mill.
The 100%-owned Beacon Gold Mill represents a significant asset with a replacement cost valued over C$71 million, which LaFleur acquired through bankruptcy proceedings for a fraction of its value. The mill had received more than C$20 million in equipment and other upgrades by the previous owner before the company's acquisition. Once an estimated C$5 million in restart upgrades are completed, the facility will be capable of processing over 750 metric tons per day, highlighting the low restart cost and substantial upside potential of this strategically positioned asset.
The combination of the district-scale Swanson Gold Project and the processing capacity of the Beacon Gold Mill positions LaFleur Minerals to benefit from both production operations and revenue generation through custom milling services. The company's latest developments and updates are available in their newsroom at https://ibn.fm/LFLRF. The full editorial discussing the company's position in the current mining sector momentum can be viewed at https://ibn.fm/G6OJU.
Source Statement
This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,
