LaFleur Minerals Reports Strong Preliminary Economic Assessment for Swanson Gold Project

LaFleur Minerals Inc. announced results of a Preliminary Economic Assessment for its proposed Swanson Gold Project in Québec, highlighting a technically straightforward, capital-efficient development anchored by its 100%-owned Beacon Gold Mill. The PEA outlines an initial capital cost of C$31 million and projects a 65% after-tax internal rate of return, C$101 million net present value at a 5% discount rate, and a 1.8-year payback period at a base case gold price of US$2,750 per ounce, with an all-in sustaining cost of US$1,569 per ounce.

The updated 2026 Mineral Resource Estimate reflects a 30% increase in indicated resources to 160.3 thousand ounces of contained gold, supporting a seven-year mine life. Plans to expand mill throughput to 1,250 tonnes per day are expected to enhance economies of scale and lower operating costs, while direct CN rail access between the Swanson deposit and Beacon Mill provides a logistical and cost advantage. The Swanson Gold Project is approximately 18,304 hectares in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining.

LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec and Jolin gold deposits and several other showings which make up the Swanson Gold Project. The project is easily accessible by road allowing direct access to several nearby gold mills, further enhancing its development potential. Lafleur Minerals' fully permitted and refurbished Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material from Swanson and for custom milling operations for other nearby gold projects.

The company is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d'Or, Québec, with a mission to advance mining projects with a focus on the resource-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value. The latest news and updates relating to the company are available in its newsroom at http://ibn.fm/LFLRF. For more information about the communications platform that distributed this announcement, please visit https://RocksAndStocks.news.