LaFleur Minerals Prepares for Transition to Gold Production Following Positive Economic Assessment

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) is preparing to transition from exploration and development to gold production execution at its sites in Quebec's Abitibi Greenstone Belt, one of the world's most prolific Archean belts. The company recently completed a Preliminary Economic Assessment for its Swanson Gold Deposit that demonstrates strong project economics and positions LaFleur for near-term production. The assessment reveals a capital-efficient project leveraging the company's 100%-owned and refurbished Beacon Gold Mill, with production expected to restart by year end.

The Preliminary Economic Assessment shows particularly robust financial metrics at current gold prices. At a base case gold price of US $2,750 per ounce, the project forecasts an after-tax internal rate of return of 65%, a net present value of C$101 million at a 5% discount rate, and a payback period of just 1.8 years. The all-in sustaining costs are projected at US $1,569 per ounce, creating significant margin potential given current market conditions. The Swanson Gold Deposit contains an updated indicated and inferred mineral resource estimate of 227,000 ounces of contained gold, providing substantial resource base for the production plan.

The timing of LaFleur's production transition coincides with favorable market conditions for gold producers. Gold prices have risen from approximately $2,000 per ounce four years ago to current levels around $5,000, strengthening the economic opportunity for the company once production begins. This price environment enhances the project's already strong economics and provides additional financial cushion for the production restart. The company's focus on the Abitibi Greenstone Belt, a historically productive mining region, further supports the viability of its production strategy.

LaFleur Chief Executive Officer Paul Ténière emphasized the company's operational progress, stating that pre-operational tests and system checks at the Beacon Gold Mill will occur in coming months as the company moves from pure exploration to production execution. The company's newsroom at https://ibn.fm/LFLRF provides ongoing updates about these developments. The scientific and technical information in the assessment was reviewed and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor, who is considered a Qualified Person for the purposes of NI 43-101 standards.

The transition to production represents a significant milestone for LaFleur Minerals, moving the company from exploration-stage to revenue-generating operations. The combination of strong project economics, favorable gold market conditions, and established infrastructure positions the company for successful production restart. The Abitibi Greenstone Belt's mining history and the company's existing mill infrastructure reduce execution risk compared to greenfield projects, while the Preliminary Economic Assessment provides clear financial guidance for investors and stakeholders monitoring the company's progress toward production.